Kusama (KSM)

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Launched in 2019, Kusama is the brainchild of Gavin Wood, founder of Polkadot and co-founder and former CTO of Ethereum.

Kusama was built using Substrate (a modular blockchain framework), with (nearly) the same codebase and industry-leading multichain infrastructure as its cousin Polkadot.

Designed for risk-taking and radical innovation, Kusama is both a fast-moving “canary in the coal mine” for Polkadot and an experimental development environment for teams who want to move fast and innovate on Kusama, and/or prepare for deployment on Polkadot.

It's a living platform built for change agents to take back control, spark innovation and disrupt the status quo. Kusama provides unprecedented interoperability and scalability for blockchain developers who want to quickly push the limits of what’s possible.

Like Polkadot, Kusama is a scalable, multichain network, consisting of up to 100 independent blockchains (parachains) working in parallel and interoperating, with security provided by a Relay Chain.

Kusama is ideal for lean startups looking to move fast and iterate as it allows them to launch their custom blockchain (parachain) project with low economic barriers to entry.

KSM, the native tokens on Kusama, is used to:

  • validate the network
  • nominate validators
  • bond parachains or parathreads
  • vote on governance referenda
  • reward projects that support the network

Kusama is a project of Web3 Foundation.


Participate in Clover chain's Kusama parachain pre-auction - 20% extra for 1st 2k users

5 Jun 2021 1 minute read 0 comments yihzymoney

With the Kusama parachain auction about to begin, many polkadot projects have started their promotion for the lockdrop. Clover chain is now having a promotion for it's sister chain on the Kusama network. Sakura is the name for the Kusama chain for Cl...

The Magnificent Seven: CRV, KSM, FIL, SOL, XMR, OKB, VET — Biggest Gainers from May 28th to June 4th

4 Jun 2021 2 minute read 0 comments 0xJonnyDee

In this article, I will take a look at the seven altcoins that increased the most over the past seven days (May 28th - June 4th). Note these are top gainers in top 100, there are other projects that have gained more that have smaller market caps.  Th...

02 JUN 2021 (WED)- Polkadot (DOT) Daily Risk Report

2 Jun 2021 5 minute read 0 comments quantdoge

Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...

Here’s What We Covered During Our Sixth Community Call

2 Jun 2021 3 minute read 1 comment Equilibrium

We hold our community call once a month as a means to update our supporters on our latest news and technology updates. We just recently held our sixth-ever community call and it’s hard to believe they’ve been going on for half a year already! As usua...

Unique Network Launching NFTs on Kusama and Polkadot

27 May 2021 1 minute read 0 comments Novasky

NFT market is expanding like viral fever expanding around the world. Ethereum being the most expensive crypto blockchain seems to be struggling to handle this expansion. This problem has been noticed by many blockchains for the NFTs on their own infr...

Equilibrium’s Genshiro Integrates Price Feed Data From Bluzelle

21 May 2021 1 minute read 1 comment Equilibrium

Genshiro, Equilibrium’s Kusama-based DeFi parachain, has a new partner in reliable price feed data — Bluzelle is the latest oracle provider to integrate its data flow with our newest DeFi playground. This brings the total number of oracle providers o...

Top 4 Substrate Tokens to Keep on your watchlist

20 May 2021 1 minute read 4 comments Defiant Pathfinder

It is said that many are called but only a few are chosen. So In this article i am going to talk about the top 4 substrate token and where their future is headed. The first rule of investing is to know what you are getting yourself into so that you u...

What You Need To Know About Genshiro’s Parachain Lease Offering On Kusama!

20 May 2021 3 minute read 1 comment Equilibrium

We are about to kick off a PLO (parachain lease offering) for Genshiro, our new Kusama-based DeFi parachain. Parity is expected to announce the actual dates of the auction during this week’s Polkadot Decoded event. This article will reveal more...

Join Genshiro’s Ambassador Program!

20 May 2021 2 minute read 1 comment Equilibrium

  We recently announced our Kusama-based project Genshiro. It’s a canary network of Equilibrium and a DeFi parachain on Kusama. We had great success with our ambassador program for Equilibrium and will be kicking off a similar effort for Genshiro. We...

19 May 2021 (WED)- Polkadot (DOT) Daily Risk Report

19 May 2021 6 minute read 0 comments quantdoge

Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...