untitled design

Talisman to Launch DotSama – Web3 Wallet for Polkadot in November

Talisman will release an early version of the DotSama wallet for Polkadot by the end of November following the completion of the second round of seed funding.

Talisman, a wallet developer for Polkadot, has raised $ 2.35 million from investors. These include Hypersphere Ventures, Koji Capital, Advanced Blockchain AG, and several anonymous Flex Dapps investors.

Announced under the name DotSama (combining the names Polkadot (DOT) and Kusama (KSM)), the Talisman wallet provides cross-compatibility between Polkadot and Kusama. The capabilities of the first DotSama asset dashboard are as follows: hosting KSM and other parachains, Karura integration for decentralized exchange, Polkadot Crowdloan support. The other major features, reflected in the Talisman roadmap, will be implemented in the future. This is NFT and Shiden Dapp staking.

Commenting on the decision to support the project, Jack Platts, a partner at Hypersphere Ventures, said: “Talisman could be a Paraverse gateway for casual users.”

After receiving initial funding, the project team will strive to expand and add new features to make it easier for users to interact with the Paravers DotSama ecosystem. It will be formed thanks to
Kusama parachute auctions.

The first round of parachain auctions was completed in June, the second round is ongoing. Another slot auction will take place over the next seven days, ahead of a temporary hiatus that occurs before the third round. The winners of the parachain auction will connect to the Polkadot network, possibly increasing liquidity in the Kusama and Polkadot ecosystems.

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights

 

Most popular