Moonbeam’s Sister Project Moonriver Commences its Crowdloan in Polkadot Parac...
As a blockchain project capable of bridging the gap between Etheruem and Polkadot, Moonbeam quickly gathers attention from enthusiasts. Tackling cross-chain interoperability poses many challenges that need to be resolved. With over 80K KSM contributed in only a week, the project’s Crowdloan initiative is well worth keeping an eye on. Moonbeam Keeps Pushing Forward As […]
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Moonbeam’s Moonriver emerged as the winner of the second round of the Kusama parachain auctions, claiming its slot on the Kusama parachain. Kusama’s second parachain slot auction ended on block 8,051,569, with Moonriver winning the auction after 205,935 KSM was bonded to its project. More than 6,000 contributors are backing Moonriver via its crowdloan program […]
Polkadot is inching closer to primetime following the commencement of parachain auctions on Kusama. Kusama is the sister network of Polkadot, serving as a testbed where much of the innovation is unfolding. Similarly, Moonbeam has its own sister that serves as its own Kusama analog: Moonriver. This week, sister network Moonriver completed the first part […]
The company building Moonbeam is focusing on integration work and a renewed marketing push. PureStake, the company behind the Moonbeam and Moonriver networks, two parachain candidates for Polkadot and Kusama, respectively, announced a successful $6 million raise.The funding round was led by CoinFund and included participants such as Binance Labs, ParaFi, Coinbase Ventures, Fenbushi Capital, IOSG Ventures. Some previous seed investors, who had funded the project in September 2020, also joined. These include investors like the Polkadot-centric Hypersphere Ventures, Hashkey, Arrington XRP,....
PRESS RELEASE. Litentry, a decentralized identity aggregation protocol, has revealed the launch of its Crowdloan Reward Program scheduled to go live from November 4, 2021. This represents a significant development in its quest to win a slot ahead of the upcoming Polkadot parachain auction. Join the crowdloan on Binance now to enjoy 20% LIT (20,000,000 LIT) total supply with an extra $2.5M reward pool, with approx. 2760% APY as of Nov 4. An Innovative Crowdloan program Crowdloan is a growing trend taken by projects to receive enough funding to participate in Polkadot’s parachain....
Major Polkadot ecosystem investors are backing the DeFi protocol. Equilibrium, a Polkadot-based decentralized finance project and parachain candidate, has raised $2.5 million from a number of venture funds primarily involved in the Polkadot ecosystem.Heavy Polkadot backers like KR1, Signum Capital and Hypersphere Ventures joined Equilibrium’s round. Other participants from the general crypto investment ecosystem include OKEx’s Block Dream Fund, Genesis Block Ventures, CMS Holdings, AU21 Capital, DFG Capital, PNYX Ventures, FBG Capital, LD Capital, and others.The funding round comes as....