KR1 targets the cutting edge of blockchain technology


(), the digital asset investment company, has participated in the Moonriver (cryptocurrency network) crowdloan and Kusama parachain auction.

KR1 contributed 5,000 KSM (cryptocurrency tokens) to the Moonriver crowdloan campaign, successfully securing the second parachain slot in the previous round of Kusama parachain auctions.

According to the Polkadot wiki, a parachain slot is a scarce resource on the Polkadot cryptocurrency network and only a limited number will be available.

Parachain slot auctions take advantage of Polkadot and Kusama’s ability to provide developers with ways to create new crypto assets.


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