✨Wish For Change #498

Wish For Change #498 is a proposal put forward by the Web3 Foundation to transfer 10 million DOT tokens from its own fund to the Kusama treasury through the Polkadot-Kusama bridge. This proposal aims to support and expand the Kusama ecosystem by providing additional funds for financing various initiatives and projects on the network.

Kusama was initially designed as a "canary network" for Polkadot — a network with real economic value intended for testing new features and updates before they are rolled out to the main Polkadot network. The Web3 Foundation's proposal is aimed at strengthening Kusama's role as an independent and dynamic network capable of fostering innovation and experimentation in the blockchain space.

The transfer of 10 million DOT to the Kusama treasury will fund various initiatives, including direct transfers to the Kusama treasury, supporting rewards, collectives, decentralized autonomous organizations (DAOs), and other initiatives with decentralized decision-making, as well as grants and event sponsorship. Special attention will be given to investments in zero-knowledge technologies (ZK), making Kusama a leading environment for experimenting with advanced cryptographic solutions.

This proposal highlights the Web3 Foundation's commitment to supporting and developing the Kusama ecosystem by ensuring sustainable funding and encouraging innovation within the blockchain community.