polkadot

EXPECT CHAOS

Web3 Foundation submitted an on-chain ref to grant Kusama Network 10M DOT (1% genesis supply), reinforcing Kusama’s role as a proving ground for decentralized innovation. https://medium.com/web3foundation/a-new-chapter-for-kusama-web3-foundation-proposes-10m-dot-initiative-to-fuel-zk-innovation-and-bd63298fbd3b

In 2019, one percent of genesis DOT tokens were promised for use by Kusama Network. Web3 Foundation seeks to fulfill this commitment.

Wish For Change # 498 is now live, requesting 10 million DOT from Web3 Foundation be transferred to the Kusama treasury, via the Polkadot-Kusama bridge, over the coming years. https://kusama.subsquare.io/referenda/498

Should it pass, the assets will support:

🔹 Collectives/DAOs
🔹 Events
🔹 Hackathon bounties
🔹 Grants

and be used to explore cutting-edge Zero Knowledge use cases 🦜