Kusama Parachain Bid – And the Slot Goes to Integritee!
Integritee’s year is off with a bang, thanks to our successful bid for a Kusama parachain — which is to say, thanks to our committed supporters, who made it happen. Securing this parachain is the fruit of months of passion and commitment from the Integritee team and our wider, global community. We would like to take this opportunity to thank all 3,000 contributors who enabled us to reach our campaign cap of 20,000 KSM bonded. We would also like to express our gratitude to our partners for placing their trust in Integritee and helping us to expand the functionality and utility of the network.
Over the last quarter, we have made major strides in bringing our vision of decentralized, privacy-first data services to the world. We launched our mainnet and listed the TEER token on Gate.io, as well as formed partnerships with a number of Web3 champions who will help us drive the next wave of transformation. In December, the first practical use case was deployed: the USD-TEER exchange rate oracle. This not only demonstrates Integritee’s ability to query third-party sources and store a verified, immutable record of that information; it will also serve as the basis of our future fee structure, providing stability in dollar-denominated costs.
Now, with the pooled strength of the Kusama network behind us, we are pushing ahead, pursuing our goal of becoming the leading Polkadot privacy solution by year-end.
Our Kusama supporters can of course look forward to a more immediate reward — their TEER payback! Besides the generous base rewards of 40 TEER for each KSM contributed, we provided referral, loyalty and early supporter bonuses totaling up to around 10% of the total supply. Backers will receive their tokens at the beginning of the lease period on the 20th Febr. with a vesting of 48 weeks. The tokens will be fully transferred to the backer’s wallets but will be unlocked linearly over the course of the lease period.
If you have trouble finding the tokens after distribution, please visit our Help Center for further support. Happy new parachain, everyone; it’s going to be a very exciting year!
You Might Also Like
Monthly Wrap-Up June 2024: Incognitee Bug Bounty Launch, Polkadot Treasury Proposal & More
Become a Collator Operator for Integritee Network!
MiCA & Other Crypto-Related Regulations: Striking the Right Balance
DEXs on Polkadot: Leveraging the Power of Substrate & Shared Security
Slot Auctions vs Coretime: What’s Changing for Polkadot Projects
Monthly Wrap-Up March 2024: Listing TEER on Basilisk, Attending Sub0 & Paseo Landing
DEXs: The What, The Why & The How of Decentralized Exchanges
Monthly Wrap-Up February 2024: Crowdloan, Governance and Treasury
Monthly Wrap-Up January 2024: Launching the Incognitee Testnet, Winning a Hackernoon Award & Much More!
Polkadot Crowdloan: Campaign Kicks Off on February 7th!
2023 at Integritee: Product Releases, Partnerships, a Privacy Sidechain & Much More
OLI Systems Releases Research Paper about a DLT-Based Local Energy Market Model
Monthly Wrap-Up December 2023: New Products, Fresh Content & More
2023 Integritee Content: Giving Back to Our Community
Unlocking Privacy in Transfers: The Power of Integritee’s Private Sidechain Model
Monthly Wrap-Up November 2023: New Content, TEER Recover & Tech Updates
Monthly Wrap-Up October 2023: Joining an Accelerator Program, Launching the New Website, Educational Content & More!
Monthly Wrap-Up September 2023: Winning an Award, Talking at Sub0, Partnering with OVH & More!
OVH Releases Whitepaper on How Integritee Is Re-Inventing Blockchain Security & Confidentiality Using Intel SGX Technology & OVHcloud
Monthly Wrap-Up August 2023: Launching the Attesteer, Encointer’s PoP Badge & More
Launching Integritee’s Attesteer
Monthly Wrap-Up July 2023: Video Releases, Tech Updates & More
Monthly Wrap-Up June 2023: Polkadot Decoded, New Add-Ons and More
Monthly Wrap-Up May 2023: Governance Platform Launch, New Environments and More
Integritee Launches New Governance Platform with Polkassembly
Monthly Wrap-Up April 2023: Tech Upgrades, Partnerships & Upcoming News
Monthly Wrap-Up March 2023: Product Releases, a Privacy Sidechain & More
Securitee & enclaive Team Up to Offer Ready-To-Use TEE-Secured Solutions
Securitee Launches Confidential Computing Platform to Protect Data in Use
Introducing Integritee’s Teeracle: A Framework to Build TEE-Based Oracles
A Privacy Sidechain for All Polkadot & Kusama Chains
Monthly Wrap-Up February 2023: Launching Roadmap, Partnerships and More!
SDK v0.11.0: Increased Performance and Faster Processes
OLI Systems Develops Innovative Energy Market Place by Building on Integritee
Integritee Network: Roadmap 2023
Monthly Wrap-Up January 2023: Slot Swap, Davos Touchdown and Much More
Community Updates: Discord, Twitter Raids & More
2022 at Integritee: Winning Parachains, Hosting Events, Integrating with Projects & Much More
Monthly Wrap-Up November 2022: Lisbon Happenings, Bifrost Integration & More
XCM Integration of Integritee and Bifrost Completed
Integritee Welcomes Sergei Medvedev as New Advisory Board Member
Monthly Wrap-Up October 2022: Travels, Interviews, Tech Updates & More
Monthly Wrap-Up September 2022: Integritee SDK Release, Token2049 & More
Integritee & Securitee: Connecting the Dots
Integritee’s SDK: A New Era of Web3 Application Building
Monthly Wrap-Up August 2022
Integritee Sidechain Performance Benchmark
Integritee & Crust Team Up for Publicly Verifiable Decentralized Content Storage
Integritee’s Polkadot Crowdloan
Monthly Wrap-Up July 2022: Winning a Slot on Polkadot, Integrating with Karura & Much More
From Web 2.0 to Web3: A Step Forward
Polkadot: The Next Step in Integritee’s Growth and Development
Integritee Rewards Structure: Early Birds, Loyal Followers, Family, Friends, and More!
The Integritee Polkadot Crowdloan Campaign Starts Today!
XCM Integration: What Is It and How Does It Work?
Monthly Wrap-Up June 2022: Kraken listing, Talking at Polkadot Decoded & More!
XCM integration of Integritee & Moonriver Completed
Here’s What You Need to Know About XCM Integration on Polkadot
Integritee Completes 2 Key Milestones Towards Decentralization
Monthly Wrap-Up May 2022: Decentralization, International Events, Virtual Worlds & Much More
The Complete Guide to TEER Tokens
How Integritee combines the benefits of Web2 and Web3 technologies