The vacuum Lisk’s exit leaves in Africa’s Web3 funding

On October 31, Lisk, the Swiss-based Web3 infrastructure company, will shut down its blockchain network and move what remains of its products and developers to Celo, a rival network. A blockchain is the infrastructure that enables digital assets, such as cryptocurrencies and stablecoins, to be transferred between users without relying on a conventional bank or payment processor. Lisk’s decision marks the end of a blockchain project that began in 2016, first as a foundational blockchain network b