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Subsocial to Distribute 16.5M SUB Tokens After Securing Kusama Parachain Slot

Subsocial to Distribute 16.5M SUB Tokens After Securing Kusama Parachain Slot
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Alex Siman , Kusama Network , Social Finance ,

Subsocial To Distribute 16.5M SUB Tokens After Securing Kusama Parachain Slot

Kyiv, Ukraine, 16th December, 2021, Subsocial, an open platform for decentralized social networks and marketplaces built on the Polkadot ecosystem, has secured a highly coveted parachain slot on the Kusama Network after easily winning the latest auction. The platform launched its bid for a Kusama parachain last month, inviting KSM token holders to support its proposal with the offer of rewards in its native SUB token. The project successfully hit its crowdloan cap of 100,420.69 KSM during the auction. Following the auction, SubSocial will distribute 16.5 million SUB tokens to contributors after its parachain goes live early next year. The successful bid brings SubSocial’s vision of an open platform with shared network effects that allows anyone to launch their own ....

Alex Siman , Kusama Network , Social Finance ,

Subsocial To Distribute 16.5M SUB Tokens After Securing Kusama Parachain Slot

Kyiv, Ukraine, 16th December, 2021, Subsocial, an open platform for decentralized social networks and marketplaces built on the Polkadot ecosystem, has secured a highly coveted parachain slot on the Kusama Network after easily winning the latest auction. The platform launched its bid for a Kusama parachain last month, inviting KSM token holders to support its proposal with the offer of rewards in its native SUB token. The project successfully hit its crowdloan cap of 100,420.69 KSM during the auction. Following the auction, SubSocial will distribute 16.5 million SUB tokens to contributors after its parachain goes live early next year. The successful bid brings SubSocial’s vision of an open platform with shared network effects that allows anyone to launch their own ....

Alex Siman , Kusama Network , Social Finance ,

Subsocial To Distribute 16.5M SUB Tokens After Securing Kusama Parachain Slot

Kyiv, Ukraine, 16th December, 2021, Subsocial, an open platform for decentralized social networks and marketplaces built on the Polkadot ecosystem, has secured a highly coveted parachain slot on the Kusama Network after easily winning the latest auction. The platform launched its bid for a Kusama parachain last month, inviting KSM token holders to support its proposal with the offer of rewards in its native SUB token. The project successfully hit its crowdloan cap of 100,420.69 KSM during the auction. Following the auction, SubSocial will distribute 16.5 million SUB tokens to contributors after its parachain goes live early next year. The successful bid brings SubSocial’s vision of an open platform with shared network effects that allows anyone to launch their own ....

Alex Siman , Kusama Network , Social Finance ,