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Kusama (KSM)

ICO

Kusama is an early, experimental version of Polkadot that exists as an independent network.

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Overview

Project industryBlockchain Infrastructure / Polkadot Ecosystem / Kusama Ecosystem / Web 3.0 / DAO / Node
Product typeEcosystem
FoundedUnited Kingdom
WhitepaperKusama White Paper Open

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.

Details

Raised: 247,760,000 USD

Legal

Blockchain Platform: Kusama
Registration country: Germany
Registration year: 2019
Office address:
  • Ignition Law, 1 Sans Walk, London, England, EC1R 0LT
  • Deutschland GmbH, Glogauer Str. 6, 10999 Berlin, Germany

Token info

Ticker: KSM
Type: 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

Project team

Gavin Wood
Gavin Wood
Founder
Gavin Wood twitter
Jane Doe
Jane Doe
Chief Executive Officer
Jane Doe linkedin
James Lim
James Lim
Contract Specialist
James Lim linkedin
Daniel Schlickmann Bastos
Daniel Schlickmann Bastos
Software Engineer
Daniel Schlickmann Bastos linkedin
Gabriel Jaeger
Gabriel Jaeger
Freelance Developer
Gabriel Jaeger linkedin

Social media

Kusama web-siteKusama RedditKusama MediumKusamaYouTubeKusama LinkedInKusama X (Twitter)Kusama FacebookKusama DiscordKusama Github

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