The wild and experimental network that anticipates the future of Polkadot.
🔥 Kusama ($KSM
) is the battlefield where everything is tested before reaching Polkadot.
🔁 If a project survives here, it can conquer the Web3 ecosystem.
👉 KSM is more than a token, it is the pulse of innovation in Substrate.
1. Identification and Overview
Project Name: Kusama
Symbol: $KSM
Category: Experimental network for blockchain innovation
Main Network: Kusama (based on Substrate)
Launch: 2019
Founder: Gavin Wood (co-founder of Ethereum and founder of Polkadot)
Official Site: kusama.network
Description:
Kusama is a scalable and multichannel network designed for rapid and bold innovation in the blockchain ecosystem. It acts as a "canary" network for Polkadot, allowing developers to test new features and updates in a real environment before implementing them in Polkadot.
2. Tokenomics and Distribution
Category Additional details
Staking Participation in network validation
Governance Voting on improvement proposals
Access to parachains Participation in parachain auctions
*Note: Specific distribution percentages are not publicly available.*
3. Price and Market Capitalization
Metric Value
Current Price $18.84 USD
Market capitalization $312 million USD
24h Volume $18.9 million USD
Circulating Supply 16.56 million KSM
All-Time High (ATH) $621.71 USD (May 18, 2021)
All-Time Low (ATL) $0.876572 USD (January 15, 2020)
4. Real Utility of the Token
Staking: Participation in network validation and earning rewards.
Governance: Voting on proposals that affect the protocol and the network.
Participation in parachains: Using KSM to participate in parachain auctions, securing space in the network for new projects.
5. Adoption and Community
Listings on exchanges: Binance, Kraken, KuCoin, Huobi, among others.
Active community on: Telegram, Discord, Twitter.
Highlighted Projects: Moonriver, Karura, Shiden Network.
6. General Risks
Volatility: The price of KSM has shown significant fluctuations, with a 97% drop from its all-time high.
Competence: Presence of other testing and experimentation networks in the crypto space.
Dependence on Polkadot: Changes in Polkadot can directly affect Kusama.
7. Technology and Architecture
Infrastructure: Based on Substrate, allowing for high customization and scalability.
Parachains: Support for multiple specialized blockchains running in parallel.
On-chain governance: Transparent and decentralized voting system for decision-making.
8. Roadmap / Future Development
2025-2026: Kusama will continue to serve as a testing platform for new features before implementation in Polkadot. The integration of new parachains and improvements in governance and scalability are expected.
9. Recent News
Roadmap update: Kusama has announced plans to improve interoperability and network efficiency in the coming years.
Participation in parachain auctions: New projects are competing for spaces in the Kusama network, demonstrating its growing adoption.
10. Market Risks and Warnings
Market volatility: The cryptocurrency market is highly volatile and speculative.
Regulation: Changes in regulations can affect the development and adoption of Kusama.
11. Educational Conclusion
Kusama positions itself as an essential platform for innovation in the blockchain ecosystem, allowing rapid testing and development before implementation in Polkadot. Its focus on experimentation and decentralized governance makes it an attractive option for developers and emerging projects. However, investors should consider the associated risks and conduct thorough research before getting involved.
12. Consultation on X (Twitter)
For the latest updates and news about Kusama and the $KSM token, you can follow their official Twitter account: @kusamanetwork
13. Economic Incentives
Staking rewards: Earning passive income by participating in network validation.
Participation in parachain auctions: Opportunity to support emerging projects and receive rewards.
14. Relationship with Other Tokens
Kusama acts as a complementary network to Polkadot, allowing testing and developments that can later be implemented in Polkadot. Its symbiotic relationship with Polkadot strengthens the overall ecosystem.