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Home Web3

A New Chapter for Kusama | Web3 Basis Proposes 10M DOT Initiative to Gasoline ZK Innovation and Community Sovereignty | by Web3 Basis Crew | Web3 Basis | Feb, 2025

February 24, 2025
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A New Chapter for Kusama | Web3 Basis Proposes 10M DOT Initiative to Gasoline ZK Innovation and Community Sovereignty | by Web3 Basis Crew | Web3 Basis | Feb, 2025
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Web3 Foundation

The Kusama community stands at an inflection level. 5 years after its launch as Polkadot’s “chaotic canary,” and the proving floor for radical innovation and early stage Polkadot deployments, the neighborhood at the moment are voting to redefine its functions by Referendum 498, a Web3 Basis proposal aiming to allocate 10 million DOT from the W3F treasury to cement Kusama as Web3’s premier hub for superior know-how, together with zero-knowledge (zk) innovation, artwork, and proof-of-personhood experiments.

This fulfills a pre-launch dedication to dedicate 1% of the unique DOT provide (10M DOT) for rising the worth proposition of Kusama. Now that Polkadot-Kusama bridge has been activated, cross-chain transfers are potential and Web3 Basis is happy to announce that it’s looking for to meet that dedication, with the precise particulars to be authorised by the Kusama neighborhood.

The referendum, now dwell underneath the “Want-for-Change” monitor, outlines a three-pillar imaginative and prescient: help for bleeding-edge growth, eventual transition from canary community to see community, and community-driven funding over at the very least the following 24 months. Initiatives would possibly vary from grants for ZK rollups and DAOs, sponsored parachain coretime, to prizes for hackathons.

Kusama was conceived as a high-risk, high-reward atmosphere to check Polkadot’s bleeding-edge know-how. With Polkadot’s maturity, this referendum suggests Kusama now pivots to a brand new identification, an experiment-central community.

Why This Issues

Kusama’s authentic mandate as a testbed for Polkadot has turn out to be much less vital as each networks matured.

But its ethos stays unmatched.

Current milestones, like dealing with 143,000 transactions per second throughout the “Spammening” stress check, show Kusama’s capability to behave as a testbed for all type of fascinating new experiments. Its transfer in direction of being a peer community alerts a shift: Kusama can evolve to be greater than only a canary community for Polkadot, free to prioritize autonomous experimentation.

Voting begins 21 February 2025.

For extra particulars and to vote together with your KSM, you possibly can go to the W3F referendum on-chain.

Be aware: This proposal displays a imaginative and prescient, not a inflexible roadmap, choosing community-driven flexibility. Particular allocations will adapt to neighborhood wants, preserving Kusama’s legacy as an open, boundary-pushing ecosystem.



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Tags: 10MChapterdotFebFoundationFuelInitiativeInnovationKusamaNetworkproposesSovereigntyTeamWeb3
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