1/ $KSM $DOT Parachain Projects

Why are projects such as $MOVR/$GLMR & $AIR/$CFG trying to secure both a parachain slot on $KSM & $DOT?

And why not just one?

So you invest in both or just one?

Let's have a look ⬇️

$DOT $KSM $MOVR $AIR $CFG $GLMR #Kusama #Polkadot #substrate
2/ First let's look at $KSM / $DOT design

$KSM & $DOT are NEARLY identical in design

$DOT is more stable & secure, while $KSM's key benefits are

➤ Gain valuable feedback
➤ Make on-the-fly governance decisions
➤ Quick implementation of new innovations

Full list below
3/ $KSM is called many different things; $DOT's brother, wild cousin, whatever, it does not matter

Just know that $KSM is an experimental network for $DOT. This means that code (new updates & innovations) will be run on $KSM first
4/ It is important to clarify that $KSM is a fully functional, robust animal & is taking a whole life of its own

As per Parity, "over time the networks will evolve independently, converging or diverging according to the decisions of their respective communities"

Expect Chaos 💥
5/ But why do projects, e.g., $MOVR/$GLMR & $AIR/$CFG deploy on both $KSM and $DOT?

Basically, they FOLLOW THE SAME DESIGN as $KSM & $DOT

Take, $AIR ($KSM) & $CFG (planning $DOT) for example

$CFGs plan is to make a wide variety of RWAs available to use as collateral
6/ These Real-World Assets (RWAs) (e.g., rare NFT's) will experiment on $KSM first - that's why $AIR ($CFGs "brother") was formed

Once everything on $AIR (on $KSM) is running smoothly, then they can also deploy these new RWAs on $CFG (on $DOT)
7/ $MOVR ($KSM) and $GLMR ($DOT) is the same thing

$MOVR will test out any new coding (updates, new innovations) or even projects on $MOVR first. Then they will be in a better, safer position to deploy these changes on $GLMR (on $DOT) afterward
8/ It is up to people's own preference if they prefer $KSM over $DOT or vice versa

I love $KSM more because it is "wilder" than $DOT. It endures all the risk for $DOT & it will see new updates and innovations before $DOT
9/ The same applies for all projects building on $KSM $DOT too, eg. $MOVR/$GLMR & $AIR/$CFG

Both $MOVR and $GLMR will have their qualities just like the same architectural design principle of $KSM $DOT

This also goes for any projects that are planning to deploy on $KSM and $DOT
10/ So do you buy one or both, #KSM & $DOT, $MOVR & $GLMR, etc

Its totally up to yourself based on your own preference

They both have their unique advantages & based on Parity, they will both evolve independently, so who knows what is going to happen!

Hopefully this helped 💪

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More from @PaulsCryptoCall

11 Oct
1/ $RMRK provides next-generation NFT LEGO technology bringing NFTs to life!

$KSM native NFTs powered by the most advanced NFT protocol in the world, providing unique futuristic features to NFTs

🔥 Rating: 84% 🔥

@RmrkApp @bitfalls @kusamanetwork

rmrk.app Image
2/ Thread Menu

✅ Project Data
✅ What Is $RMRK
✅ What Is RMRK Solving
✅ Value Prop
✅ Under The Hood
✅ RMRK & Statemine
✅ Singular
✅ Kanaria
✅ Fundraiser
✅ Nested NFTs
✅ Forward Compatibility
✅ On-Chain Emotions

#singular #nftart #NFTcollection #Kanaria
3/ Thread Menu

✅ Multi-Resource NFTs
✅ Conditional Rendering
✅ NFTs as DAOs
✅ Metaverse
✅ Token Utility / Rewards
✅ Tokenomics
✅ Roadmap
✅ Partnerships
✅ Investors
✅ Verdict
Read 51 tweets
29 Sep
1/ Altair $AIR - Bridges real-world assets (RWA's) into DeFi, providing liquidity for asset owners and stable yield for investors 🔥

This is a fantastic project with potential beyond belief.

I hope you find value 💪

@centrifuge $KSM $DOT $CFG #Polkadot #Kusama #RWA
2/ Thread Menu

✅ $CFG & $AIR
✅ What Is It
✅ Asset Originators
✅ Lenders / Investors
✅ Problems with Traditional Banking
✅ Value Prop
✅ $KSM parachain
✅ How Does to Altair Operate
✅ Tokenized Assets
✅ NFT's & P2P Protocol/Node
✅ Tinlake
✅ Revolving Pools

$KSM $DOT
3/ (cont.) Thread Menu

✅ ChainSafe Bridge
✅ Token Utility
✅ Incentives
✅ Tokenomics
✅ Roadmap
✅ Team
✅ Partnerships
✅ Investors
✅ Verdict

$KSM $DOT $CFG $AIR
Read 32 tweets
27 Sep
1/ $MOVR Inflationary / Deflationary Supply

$MOVR has an annual inflation rate of 5% plus a deflationary model

Is it good or bad? IMO, it's neutral & I will explain why
 
So let’s break it down 🔽

$MOVR $KSM $GLMR $DOT $KILT $AIR Image
2/ $MOVR - What Is The Inflated Supply For?
 
➤ 1% - Incentivizing collators (security, as per $KSM design)
➤ 1.5% - Maintaining a parachain slot in perpetuity
➤ 2.5% - Staking & help power the collator selection process

$MOVR $KSM $GLMR $DOT
3/ $MOVR DEFLATION Mech
 
Moonriver has a deflationary model that counteracts a proportion of the Inflation
 
MOVR's transaction & smart contract executions fees are burned & allocated as per below
 
➤ 80% - acts as deflationary force
➤ 20% - go to $MOVR's on-chain treasury
Read 7 tweets
17 Sep
1/ So what is all the hype of @MoonriverNW about & how can we benefit from it?

If you want to invest in it, know what you are investing in first.

The thread below aims to explain $MOVR in a non-"techy" simplified way.
2/ First off, regardless of the potential profit to be made, the value that $MOVR brings is nothing short of incredible. Crypto heads who have been in the space for few years & have been following the tech will appreciate the innovations at play here
3/ Anyone who has sent an ETH transaction knows the pain associated with it. Sloths can move faster than ETH's TPS, not to mention the high gas that Mr. Sloth demands 🦥

Check out the money you wasted on gas in this painful exercise: fees.wtf
Read 22 tweets

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