Moonsama is coming to Polkadot
For a comprehensive overview of our parachain plans, please read our Crowdloan Paper.
Moonsama just launched a Polkadot crowdloan for its parachain, Moonsama Network. Moonsama Network seeks to provide a much needed infrastructure centered around Non Fungible Tokens, unlocking their true potential as utility providers and becoming the de facto hub for all NFTs within the Polkadot ecosystem.
Moonsama Network will be the world’s first blockchain governed by NFTs, and will use SAMA tokens as its native currency.
The launch of Moonsama Network on Polkadot will also have critical implications for the ample portfolio of applications and assets of the Moonsama ecosystem, equipping them with the highest standards of security and interoperability.
Crowdloan details
Following a successful governance vote, 1.5% of the total supply of SAMA (15,000,000 SAMA) has been allocated as crowdloan rewards.
The crowdloan is capped at a maximum of 500,000 DOT. Once the threshold is reached, no further contributions will be accepted.
Upon securing the parachain slot, every DOT contributed to the crowdloan will be rewarded with a minimum of 30 SAMA. If by the end of the auction period the amount of DOT contributed is below the maximum cap, the reward ratio will increase proportionally, resulting in a higher SAMA per DOT ratio.
20% of all crowdloan rewards will be unlocked on the featured launch day of the parachain, with the remaining 80% being linearly unlocked over the course of the parachain lease period, roughly throughout the next 96 weeks.
Participating in Moonsama Network’s crowdloan is possible by either using Nova Wallet, Talisman wallet or Polkadot.js.
Moonsama Network’s parachain ID is 3334.
Read more details in our Crowdloan Paper.
Migration from Exosama Network to Moonsama Network
The launch of the parachain will also kickstart the migration of assets and solutions from the Exosama Network, Moonsama’s standalone EVM chain, to the Moonsama Network.
The migration will be powered by the Multiverse Portal, allowing the transition of all assets through a single interface and with a seamless user experience.
All of Moonsama Network’s SAMA will be migrated from the Exosama Network, meaning there will be no changes in the total supply of the token.
Moonsama Network will utilize the Frontier compatibility layer to retain EVM-compatibility.
About Moonsama
Moonsama’s mission is to unlock the potential of Non Fungible Tokens (NFTs) as true elements of utility in the Web3 space.
Since its launch in September 2021, Moonsama has become a household name in the NFT space, and a leading force within the Polkadot ecosystem.
To date, the Moonsama Ecosystem encompasses multichain blockchain solutions, a vibrant community and a myriad of marketplaces, NFT collections and Web3 games. These elements all come to life through the Moonsama Metaverse, a digital hub where all Moonsama-supported NFTs are able to interact with one another.
Moonsama has a long history within the Polkadot ecosystem, with previously deployed solutions on Polkadot parachains and multi-year partnerships with leading actors of the Polkadot ecosystem, including KILT Protocol, Public Pressure, Sovereign Nature Initiative and more.
Moonsama is powered by a multidisciplinary team of world-class professionals from various industries, including blockchain, art, music, fashion, gaming, regulation and governance.
