Introducing Kintsugi - Radically open Bitcoin on Kusama Network
(1) With 2 slots remaining, the crowdloan competition is far from over.
There’s a candidate bringing Bitcoin interoperability to Kusamanetwork. It’s InterBTC's Canary Network, Kintsugi.
(2) Why Bitcoin? First, it is the mother of crypto and the second one, it lets its holder store their $BTC in Kintsugi Vault and mint kBTC, anyone can open a Vault! kBTC will kickstart liquidity for other parachains like $KAR $SDN $MOVR https://twitter.com/kintsugi_btc/status/1436327782556921861
(3) Kintsugi ($KINT) was built as an experimental network by Interlay, the same team building InterBTC that promises to bring Bitcoin to the Polkadot. The same way Kintsugi brings Bitcoin to Kusama, kBTC is a 1:1 Bitcoin-backed asset on Kusama, insured and always safe.
(4) During this second batch, Kintsugi has already accumulated 42K $KSM for bidding their slot. They reward their supporters with 3.75++ $KINT every 1 KSM. You could receive more $KINT with their Referral Bonus, Success Bonus and Power User Bonus. https://twitter.com/kintsugi_btc/status/1432987064308436993
(5) Total Supply is 10,000,000 $KINT for the first 4 years. KINT's main purposes are for Governance, to vote for proposals and elect council members. Next, $KINT will support transaction fee & other digital assets, in addition to KSM.
(6) There will be no ICO, IDO, IEO for $KINT. Tokens will be distributed to network participants, builders and early backers as airdrops and block-rewards.
(7) To learn more about Kintsugi, you can check their website , and lend your $KSM with them. Or you can check DotMarketCap to get the most accurate information in the fastest way. https://dotmarketcap.com/coin/kintsugi
8/ Come learn about the Interlay & Kintsugi with their founder Alexei Zamyatin on Friday, Sep 24 at 12:00 UTC https://twitter.com/PolkaWarriors_/status/1440219102690250760
IGS at IllusionistGroup | Member of PolkaWarriors | DotMarketCap.Com
PolkaWarriors - A non-profit & unofficial worldwide community of $DOT hodlers., we aims to promote and educating the community with our knowledge and skills
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