$332
1H
-0.69%$2.30
24H
5.79%$18.16
7D
-7.11%$25.39
30D
-7.12%$25.43
Kusama is an early, unaudited, and unrefined release of Polkadot. Kusama aims to serve as a proving ground, allowing teams and developers to build and deploy a parachain or try out Polkadot’s governance, staking, nomination, and validation functionality in a real environment.
Parachains are a growing concept in the digital currency ecosystem with the Kusama blockchain coming off as the main pioneer of this model.
Dot and Kusama token holders who qualify for the token claim should be on the lookout for the fourth Dotsama token claim, which will be the last.
As a new parachain auction is around the corner, the following teams will all try to secure their spot as quickly as possible.
The revelation of the development fund came weeks ahead of the network’s highly anticipated parachain auctions.
Following the execution of parachain auctions on Polkadot, the native token DOT jumped approximately 18% on Thursday to trade around $41.56 at the time of reporting.
