Kusama (KSM)ICO Kusama is an early, experimental version of Polkadot that exists as an independent network. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Kusama
Kusama was built by the same team that created Polkadot, a company known as Parity Technologies. Its founder is Dr. Gavin Wood, a world-renowned computer scientist and programmer, who also co-founded Ethereum. Parity Technologies has an extensive team comprised of some of the world's most successful blockchain engineers, and has over 100 employees in total spread throughout the world.
Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains. By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”
The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.
Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.
DetailsRaised: 247,760,000 USDLegalBlockchain Platform: KusamaRegistration country: Germany Registration year: 2019 Office address:
| Token infoTicker: KSMType: Utility-token Token price in USD: 1 KSM = 1,71 USD Token distribution: 20% Teams and Marketing efforts 4.5% - Advisors 33.5% - Private Sales 37% - Community incentives, Promoting engagement and Participation through rewards and seed sales 3% - Public sale (IDO) 12% - Liquidity |