✨Wish For Change #498

MAR

07

Event date

Friday 07 March 2025, UTC

Event description

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.

Polkadot

Bullish or Bearish?

bullish
bearish

Polkadot (DOT) Events List

Kus DAO Polkadot AMA

Event Overview and Context: The "Decentralized Voices Series 3: Kus DAO" event, hosted by Polkadot, is scheduled for April 22, 2025, at 4:00 PM UTC on Telegram. It features Nikos and Jay Chrawnna from Kus DAO, with Irvin as the host. This series highlights governance in Polkadot’s ecosystem, focusing on Kus DAO, a decentralized autonomous organization on Kusama, Polkadot’s canary network. The event builds on Polkadot’s 2023 governance overhaul, which introduced OpenGov to enhance community-driven decision-making.Industry Trends and Roadmap: Kusama, as Polkadot’s experimental network, often previews features like parachain auctions, which Polkadot later adopts. This event aligns with the trend of increasing DAO adoption for decentralized governance, with Polkadot’s ecosystem supporting over 100 networks as of March 2025. Upcoming milestones include Polkadot 2.0, which will shift to an application-focused model with a coretime marketplace, lowering developer entry barriers.Unique Impact or Innovation: The event underscores Polkadot’s commitment to fostering community governance through Kus DAO, showcasing how Kusama serves as a testing ground for scalable, interoperable blockchain solutions. This approach allows Polkadot to refine governance mechanisms before mainnet deployment, a strategy that sets it apart in the layer-0 space.

Polkadot

April 22

Polkadot x Ripio Integration Space

Ripio, a top LATAM crypto exchange with over 11 years in the game, is integrating with Polkadot to leverage AssetHub for cross-chain asset management and introduce a new DOT/USDT trading pair. The Space will feature experts like @v_labs and @dotcast_, discussing how this partnership enhances asset interoperability and boosts crypto adoption in the region [Polkadot Official Post]. Expect insights on Polkadot’s Relay Chain and its role in scalable blockchain solutions. Recent NewsPolkadot has been making waves lately. Just two weeks ago, The Motley Fool reported a price surge for DOT, though it’s still 52.6% below its 52-week peak [The Motley Fool, May 14, 2025]. The project also teased its Join-Accumulate Machine (JAM) rearchitecture in the Gray Paper, aiming to secure not just blockchains but any Web3 app or rollup [Polkadot Roadmap]. Future PlansPolkadot’s roadmap is packed with innovation. The JAM upgrade will expand its ecosystem, potentially positioning it as a Web3 leader over competitors like Solana or Avalanche [The Motley Fool]. This integration with Ripio could pave the way for more LATAM-focused projects, increasing DOT’s liquidity and real-world use. Onchain DataWhile specific onchain metrics for this integration aren’t public yet, Polkadot’s ecosystem shows promise. Staking Rewards notes steady staking activity for DOT, with over 50% of tokens staked historically [Staking Rewards]. However, daily usage volumes have dipped recently, a challenge this partnership might address [The Motley Fool]. Community SentimentThe X community is buzzing with excitement! Users like @Bitcoinovercas1 praised the lineup and AssetHub’s potential to boost liquidity, while @T0kenAlpha highlighted its importance for Web3 in LATAM. Some, like @gavelsvtw, asked about English translations—fingers crossed for accessibility! Why It MattersThis integration could strengthen Polkadot’s foothold in LATAM, a region hungry for crypto adoption, while Ripio users gain access to Polkadot’s scalable tech. It’s a win-win for interoperability and growth. Risk Disclaimer: As with any crypto event, price volatility around DOT may spike—trade wisely!

Polkadot

May 29

subscription

Be aware of the recent news
in crypto every day

Please keep me updated by email with the latest crypto news, research findings, reward programs, event updates, coin listings, and more information from Bitdates.