Kusama has completed its first batch of parachain auctions and proven the effectiveness of its highly anticipated crowdloan mechanism. The first 5 slot winners in order:
Users have contributed 1,113,190 KSM across the first 5 parachain auctions representing over 10% of KSM’s supply. At the time of writing, KSM is valued at $200.46, meaning contributors have bonded (or loaned) $223,149,867 to bootstrap Kusama’s first projects.
Nick is a Research Manager. Prior to joining Messari, Nick worked in Deloitte's Consulting practice.