Once the Crypti chain was forked, Kordek and Beddows decided to launch an initial coin offering, or ICO, to raise funds to further the development of the project. The ICO was a huge success, raising 14,000 Bitcoin, making it one of the most successful crowdfunded cryptocurrency projects to date. On May 24, 2016, Lisk’s LSK token went live and was made available for trading on many major exchanges.