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KSM

Kusama

KSM

Live Kusama price in India

₹2,428.86

5.04%

Currency

Kusama Market Insights

Market Cap

₹0

Fully Diluted Market Cap

₹0

Volume 24H

₹0

Circulating Supply

0 KSM

Total Supply

0

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KSM to INR Converter

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1 Kusama equals to 2,428.86 INR

As of Invalid Date

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Things to know about Kusama

What is Kusama?

Kusama is a decentralized blockchain network and cryptocurrency designed as a sister network to Polkadot. It serves as a pre-production environment for Polkadot, allowing developers to test and experiment with new features, upgrades, and applications before they are deployed on the more stable Polkadot network. Kusama uses the nominated proof-of-stake (NPoS) consensus mechanism. This uses a network of nominators (KSM stakers) who elect nodes to participate in the transaction validation process.

Things to consider before buying Kusama

Kusama adoption is growing among the developer community.

Kusama is not independent of Polkadot, and was created for testing applications before deploying on polkadot

Kusama features on-chain governance capabilities which is both decentralized and permission-less. Anybody with Kusama (KSM) tokens or parachain tokens can vote on their governance proposals.

It has infinite supply. According to Coinmarketcap, the circulating number of coins is more than 8.4 million KSM. (August 2023)

Reasons to buy Kusama

Kusama provides buyers with early exposure to the Polkadot ecosystem

As a Kusama holder, buyers have the opportunity to participate in the network's governance decisions

Kusama provides collaboration and networking opportunities to buyers

Kusama benefits from a shared security model with Polkadot

Transactions on Kusama are fast.

Kusama allows developers to build dApps directly on the blockchain instead of using smart contracts like other blockchains.

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Pratik Poddar

Pratik Poddar

Partner, Nexus Venture Partners

Was feeling a bit lost on what to do with the current market conditions but the conversation with Mudrex’s relationship manager was really helpful. Got some genuine, unselfish advice. Highly recommend giving them a call.

Rahul Arkram

Rahul Arkram

Partner, Nexus Venture Partners

Absolutely used to hate updating my crypto portfolio manually. This is a real need that Mudrex is addressing! Big ups👍💯

Frequently asked questions about buying Kusama in India

Have a question that is not answered? You can contact us at help@mudrex.com

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