Kusama company info

What does Kusama do?

Kusama (CRYPTO:KSM), a scalable blockchain built on the Substrate framework like Polkadot, serves as a canary network for testing new features. Developed by the Kusama Foundation, it uses grants and community donations for progress. Projects focus on expanding the ecosystem through applications, user-friendliness, and new staking providers. Kusama prioritizes education, providing extensive resources. Kusama's core goals involve enabling innovative, cost-effective blockchain applications, constructing an open and decentralized financial system, and fostering blockchain innovation. As a pioneer for Polkadot, Kusama significantly influences the future of blockchain technology, allowing developers to rigorously test new features before deployment on Polkadot, advancing the field toward a more open and inclusive financial system.
Kusama company media

Company Snapshot

How many people does Kusama employ?

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Employees

10,000+

What is the market cap for Kusama?

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Market Cap

$299.35M

Where is the head office for Kusama?

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Head Office

New York

What year was Kusama founded?

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Year Founded

2019

What does Kusama specialise in?

/1Confirmation Portfolio /CMS Holdings Portfolio /Kenetic Capital Portfolio /Polkadot Ecosystem /Substrate /VBC Ventures Portfolio

What are the products and/or services of Kusama?

Overview of Kusama offerings
Community: Kusama has a strong and supportive community. The community is always willing to help new users learn about the platform and to troubleshoot any problems that they may encounter.
Cross-chain interoperability: Kusama is part of the Polkadot ecosystem, and it is interoperable with other Polkadot-based blockchains. This means that Kusama users can easily transfer assets and data between Kusama and other Polkadot-based blockchains.
Decentralized application (DApp) development: Kusama is a platform for developing and deploying decentralized applications (DApps). Kusama's fast block times and low transaction fees make it ideal for developing DApps that require high performance and low costs.
Developer support: The Kusama Foundation provides a variety of resources and support to developers who are building on the Kusama platform. These resources and support include documentation, tutorials, and grants.
Governance: Kusama is a decentralized platform, and its governance is controlled by its community of users. KSM token holders have the right to vote on proposals that affect the Kusama network.
Staking: Kusama users can stake their KSM tokens to support the network and to earn rewards. Staking is a key part of Kusama's security model, and it helps to ensure that the network is always running smoothly.

Who is in the executive team of Kusama?

Kusama leadership team
  • Photo of Gavin Wood
    Gavin Wood
    CWO and Co-Founder of Parity Technologies
Kusama organisations
Kusama organisations
Logo of Parity Technologies
Parity Technologies
Logo of Web3 Foundation
Web3 Foundation