CoinMarketCap's new parachain auctions tracker lets you see the progress of any parachain slot on Polkadot and Kusama.
On the CoinMarketCap parachain auctions page, users will be able to follow the status of parachain auctions in progress, including the amount of funds raised and the number of participants in each auction.
What Is Polkadot?
What Is Kusama?
The Kusama network is known as the “canary network” to Polkadot. Kusama works as the proving ground in the Polkadot ecosystem, as it has real economic incentives for Polkadot’s technology while remaining an independent network in its own right.
What Are Parachains?
For the unfamiliar, parachains can be described as fully functional blockchains that run alongside the main Polkadot relay chain — but developers can customize their characteristics. Parachains run on both the Polkadot and Kusama Networks.
Parachains — as individual, layer-1 blockchains — can be used in DeFi, gaming, digital wallets, oracles, smart contracts, IoT tech and more.