THREAD: @HeyKabocha is @HeyEdgeware's parachain candidate for @kusamanetwork and continues Edgeware’s @substrate_io governance and treasury experiment by accelerating founders, creators and teams building open and public subverses and metaverses of #Web3.
dotmarketcap.com/coin/kabocha
dotmarketcap.com/coin/kabocha
We’re doing it in true Edgeware style, staying true to a fully open and transparent community led approach through a 100% undiluted distribution for Edgeware token holders via a snapshot of the chain's addresses that will take place 14 days after a crowdloan win. 
Not heard of Edgeware? Lets dive in.
At over 8.5m blocks processed it is the second oldest self-governing mainnet Substrate chain alongside relay networks Kusama and Polkadot.
It launched in 2019 via 'the lockdrop'...
At over 8.5m blocks processed it is the second oldest self-governing mainnet Substrate chain alongside relay networks Kusama and Polkadot.
It launched in 2019 via 'the lockdrop'...
https://twitter.com/cburniske/status/1107422999349624833
Edgeware offered a wide and fair distribution that compared favourably to other projects that retained large shares for founding teams and investors.
It became one of 2019's most successful token distributions, with over 1.2m ETH locked and over 4m ETH signalled.
https://twitter.com/zhusu/status/1167942049678512131
The distribution created early challenges as community led governance is inevitably slower than with a centralised team dictating a roadmap.
However in the long run, this approach offers a path to resilient governance, credible neutrality and advancing collective intelligence.
However in the long run, this approach offers a path to resilient governance, credible neutrality and advancing collective intelligence.
Since then, the community has developed an un-intimidating emergent leadership culture that lets people build experience in all facets of decentralised organisations through meaningful participation and contribution.
https://twitter.com/ValerieTetu/status/1461062513999630347?s=20
Edgeware's real world experience funding on-chain proposals through fast governance cycles, is attracting some of the most creative and forward thinking creators, builders and developers in the space.
https://twitter.com/decentpartners/status/1461756953030496259
The Kabocha snapshot will duplicate Edgeware's existing treasury address of around 650m EDG which is 4.9% of Edgeware's total supply.
polkadot.js.org/apps/?rpc=wss%…
Kabocha will use this address to fund tenders that solicit community proposals to bootstrap the network's development.
polkadot.js.org/apps/?rpc=wss%…
Kabocha will use this address to fund tenders that solicit community proposals to bootstrap the network's development.
The remaining 4.9% of the distribution is reserved for $KSM holders contributing to the crowdloan.
There are no early bird or referral bonuses.
We are simple folk.
There are no early bird or referral bonuses.
We are simple folk.
Contributed KSM will be returned at the end of the Kabocha parachain lease.
$KAB will be distributed after the mainnet has launched, sudo has been removed and governance goes live.
30% vests upfront.
70% is vested over the term of the crowdloan.
$KAB will be distributed after the mainnet has launched, sudo has been removed and governance goes live.
30% vests upfront.
70% is vested over the term of the crowdloan.
Once live, we will be sourcing talent and projects from Edgeware’s existing Web3 incubator.
As a result, much of Kabocha’s accelerator ‘roadmap’, will be glimpsed on Edgeware's solo-chain first, allowing us to maintain a close relationship between the two projects.
As a result, much of Kabocha’s accelerator ‘roadmap’, will be glimpsed on Edgeware's solo-chain first, allowing us to maintain a close relationship between the two projects.
Joining up with the Kusama network will enable seamless interoperability which will create new opportunities for real collaboration, co-operation and co-evolvement with other chains and communities.
Our initial focus is on improving the overall user experience and capabilities primarily around the everyday functions of sustainably funded DAOs that empower meaningful contribution, participation and value capture through a series of dedicated pallets and mechanisms.
Successful DAOs will be accelerated into their own Substrate chains that will launch into our own experimental nested relay network.
This relay offers a grass-roots entry into Substrate and Web3, providing onramps to the more established $KSM and $DOT projects in the process.
This relay offers a grass-roots entry into Substrate and Web3, providing onramps to the more established $KSM and $DOT projects in the process.
Kabocha will retain tokens and be assigned non-fungible assets by incubated chains.
Be prepared for interesting, experimental and somewhat chaotic projects that push boundaries and inspire a new generation of talent to become immersed in Web3 realms.
Be prepared for interesting, experimental and somewhat chaotic projects that push boundaries and inspire a new generation of talent to become immersed in Web3 realms.
KAB's founding technical steward is @Decentrated.
View the in discussion treasury proposal here:
commonwealth.im/edgeware/propo…
Network services are provided by @decentpartners.
View the in discussion treasury proposal here:
commonwealth.im/edgeware/propo…
Network services are provided by @decentpartners.
If you'd like to learn more, follow the open and public development of the project or even better contribute your talents, please read the project launch post...
commonwealth.im/edgeware/propo…
and join Kabocha's discord: discord.gg/cRfMmmx3tm
commonwealth.im/edgeware/propo…
and join Kabocha's discord: discord.gg/cRfMmmx3tm
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