FAQ
Kodadot is an NFT Platform that is community-driven, running on a low carbon footprint blockchain.
Kusama is a pre-production environment for the Polkadot network. "They share the same underlying architecture: a multichain, heterogeneously-sharded design based on "Nominated Proof of Stake (NPoS)" Consensus.
Since it's a sandbox for early projects who likes to move fast and break things on the Polkadot ecosystem, Expect Chaos.
We chose Kusama/Polkadot because it's using Substrate, which is a framework for building upgradeable, modular and efficient blockchains. Generally, we are building on Substrate, because we will benefit from shared security, interoperability scalability and strong economy security.
We believe that costs for actions at Ethereum may be high in future and its current PoW is not environmentally friendly. We believe in network effects of Kusama/Polkadot effects from other parachains.
A rich ecosystem of runtime and pallets https://substrate.dev/awesome-substrate/ which offer long-term composability from the various teams. We inherit properties from https://wiki.polkadot.network/docs/learn-comparisons/.
You can learn about Substrate here: https://www.parity.io/blog/what-is-substrate/
For self-hosting, you can install the browser extension from: https://polkadot.js.org/ You will need this for querying and hosting your NFT assets onchain.
Remember to write down your 12-word mnemonic seed for safekeeping.
For fiat onramps on the Kusama and the wider Polkadot ecosystem, you can use the Centralized Exchanges listed below: Global Binance - https://www.binance.com/en/trade/KSM_USDT Bitfinex - https://bitfinex.com Huobi - https://huobi.com
North America Kraken - https://kraken.com
Korea Bithumb - htts://bithumb.com (Please check if this is working on your end)
