Kusama

Halal Rating :
Comfortable
Last Price $29.50 Last updated:
Rank 249
1D Change -1.77 %
Market Cap $249.9m
Circulating supply 8,470,098
Maximum supply None

Crypto Overview

Categories
  • Substrate
  • Polkadot Ecosystem
  • CMS Holdings Portfolio
  • Kenetic Capital Portfolio
  • 1Confirmation Portfolio
  • VBC Ventures Portfolio

Kusama is a public blockchain network that is running the exact same codebase as Polkadot. It is aimed to be a canary build for the Polkadot network which is an experimental and development environment for new features that will eventually be deployed to Polkadot. Because of the experimental nature of Kusama, the developmental speed is much faster and it has seen significant traction since launched in 2019. Kusama is an early, highly experimental version of Polkadot presenting real economic conditions. The community will own the network – there will be no central kill switch. Kusama will exist as long as its community maintains it and we envision it will cater to new, early functionality and projects preparing to develop and deploy on Polkadot.

Crypto Impact

To assign a comfort level investing in Kusama from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Kusama.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating