Composable Finanace Picasso Has Been Launched On The Kusama Network As A Parachain

Composable Finance’s Picasso launched on the Kusama Network as a Parachain and has started producing blocks. They are thrilled for this opportunity and look forward to involving the community and developers that share our vision as they continue to roll out the solution.

Composable Finance officially realized Picasso by winning the 13th Kusama parachain auction slot. They want to again thank the amazing community for their continued support throughout every step of this incredible journey. Our team is working hard to continue building and deploying the Picasso Network. They want to keep the community up to date with information on the roll out process and development updates.

Future Outlook

Composable are excited to start opening up development and participation opportunities within the Picasso Network. Specifically, they are encouraging the community of developers to look over the capabilities of Pallets, which will be the first building blocks to be onboarded into the ecosystem. In order to support Pallet developers building on Picasso, we are leveraging Composable Labs. Composable Labs has launched the Composable Grant Program providing development, funding, and thought leadership support for promising Pallet projects.

About Composable Finance‍

Composable Finance is building the core infrastructure that will play a key role in empowering DeFi to deliver on its undeniable potential, offering an arsenal of tools that allow for the seamless interaction of L1 blockchains and L2 scaling solutions.

Source:
https://composablefi.medium.com/picasso-update-producing-blocks-on-the-kusama-network-bc6d9a29d2c2