Kusama (CRYPTO: KSM)

## What is Kusama? Kusama is a blockchain platform that was created as a more experimental and development-oriented counterpart to the Polkadot network. It is designed to be a platform for early adopters, developers, and researchers to experiment with and build new blockchain-based technologies and applications. Kusama has a fast-paced development cycle, which allows for rapid iteration and deployment of new features and upgrades. ## Who Created Kusama? Kusama was created by the Web3 Foundation, a Swiss non-profit organization dedicated to the development of decentralized technologies. The Web3 Foundation is also responsible for the development of the Polkadot network. ## How Do You Use Kusama? Kusama can be used for a variety of purposes, including experimentation with new blockchain-based technologies and applications, as well as for participating in the network's governance through the use of its native token, KSM. Kusama's fast-paced development cycle makes it a great platform for testing and experimentation in the blockchain space. Additionally, Kusama provides a shared security model, which allows for cross-chain interoperability and collaboration between different blockchain networks. To use Kusama, you can either run a validator node to provide security to the network or hold KSM and participate in governance through voting.

$48.89 $0.46 (0.9%) Monday, February 26, 2024 at 12:08:48 p.m. Eastern Standard Time

Fundamentals Kusama

Last updated Feb 26, 2024, 12:08:48pm EST
Current Price $48.89
Change $0.46 (0.9%)
Close Price $48.99
Open Price $48.99
Bid $0.00
Ask $0.00
Day Range $47.14 - $49.39
Year Range $16.58 - $64.27
Volume 61,812
Average Volume 36,432
Market Cap $471,597,121.06

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