Edgeware Has Outlined Their Kusama Parachain Strategy

Published on: 07.07.2021

Edgeware has outlined their Kusama parachain strategy, replacing Hedgeware with a community led project called Kabocha ( $KAB) – a reference to Kusama’s favourite japanese gourd – a PUMPkin.

A Kusama parachain incubated through the efforts of EDG holders.

Kabocha, for EDG holders, is a research laboratory for interoperability and consensus tech in Substrate, governance and funding. It additionally shows that Edgeware teams are able and ready to deploy parachains with DOT auctions upcoming, offers a testing ground for teams on EDG, and provides the EDG treasury with it’s first major asset: significant control of a new token.

The code for Kabocha is based on the repo for Hedgeware.

About Edgeware

Edgeware is a smart contract blockchain with a community-managed treasury, decentralised proposal system and network of DAOs.

About Kusama

Kusama is a network built as a risk-taking, fast-moving ‘canary in the coal mine’ for its cousin Polkadot.

➡️Community Discussion:
https://commonwealth.im/edgeware/proposal/discussion/1415-kabocha-kab-a-ksm-parachain-from-edgeware

Market Stats:
BTC Dominance: 58.18%(-0.16%/24h)
ETH Dominance: 9.1%(-0.28%/24h)
Defi Market Cap: $0B(+7.00%/24h)
Total Market Cap: $2057.72B(-2.80%/24h)
Total Trading Volume 24h: $106.05B(+7.67%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $860.48B
Altcoin Volume 24h: $58.23B
Total Cryptocurrencies: 38064
Active Cryptocurrencies: 8194
Active Market Pairs: 113018
Active Exchanges: 948
Total Exchanges: 12309
BTC: 59733.71$(-0.54%/1H)
ETH: 1552.34$(-0.49%/1H)
AVAX: 6.15$(-0.91%/1H)
BNB: 564.47$(-0.47%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.14$(-0.25%/1H)
DOT: 0.83$(-0.6%/1H)
UNI: 2.87$(-0.82%/1H)
CAKE: 1.33$(-0.84%/1H)
SUSHI: 0.15$(-0.42%/1H)
ONE: 0$(-0.84%/1H)