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.

$30.22 $1.50 (5%) Thursday, May 9, 2024 at 8:17:33 p.m. Eastern Daylight Saving Time

Fundamentals Kusama

Last updated May 09, 2024, 08:17:33pm EDT
Current Price $30.22
Change $1.50 (5%)
Close Price $30.17
Open Price $30.17
Bid $0.00
Ask $0.00
Day Range $28.37 - $30.64
Year Range $16.58 - $64.27
Volume 39,543
Market Cap $291,693,353.74

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