In this article, we will run through the basic information and fundamentals of LSK as a project, give you information on the LSK token, and offer a prediction for the price of LSK in 2020-2025. Let’s start the price prediction with a brief introduction to the Lisk project.

What is LSK?

LSK is the token that powers the Lisk decentralized network. It is a competitor blockchain of the Ethereum and NEO networks. The Lisk network is a decentralized application platform that utilizes side chains and smart contracts. Technical analysis of this blockchain shows that it is an attractive option for developers because it uses JavaScript to develop its dApps, which means developers can easily integrate their skills into the blockchain without having to learn new skills.

Lisk is a relatively new project. It was developed in 2016 by Max Kordek and Oliver Beddows. It is rumored that at the outset of the project key members of the original Ethereum team were working on the Lisk network in collaboration with the Lisk team. In 2018 the project made huge strides in developing the network by improving the platform’s ease of use, thereby enhancing its accessibility for the general public.