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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.
$KSM is the coin used for interacting the Kusama network.
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: https://www.coingecko.com/en/coins/kusama#markets
Global
- Binance - https://www.binance.com/en/trade/KSM_USDT
- Bitfinex - https://bitfinex.com
- Huobi - https://huobi.com
- Okex - https://www.okex.com/
North America
- Kraken - https://kraken.com
Korea
- Bithumb - https://bithumb.com (Please check if this is working on your end)
For simple trades, try: https://simpleswap.io/
You can mint practically anything, from
- static photos: .jpg, .png, .svg, .tiff, .bmp
- moving pictures: .gif
- video: .mp4, .webp
- audio: .mp3, .flac
- 3D files: .glb
- web text/data: .json
All minted files will observe the Code of Conduct and all NSFW (Not Safe For Work) files should be classified NSFW when minting.
If there's possible copy-minting, or infringement, you can tag us in our official channels or report it at: https://discord.gg/4369a63Bar
File storage is hosted on the IPFS (Interplanetary File System) network. More on this at: https://ipfs.io/
The existential deposit as of this writing is 0.0002 $KSM but maintain 0.1 $KSM in your wallet just to be sure.
You can find all our official links here: https://linktr.ee/kodadot
Let us know how we can improve more on our feedback.