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Author Topic: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin  (Read 245162 times)
jl777
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September 01, 2016, 06:59:27 PM
 #1






















http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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September 01, 2016, 07:00:01 PM
 #2




- ICO Site BTCD deposit enabled 8.1.2017
- Subsidiy field gets locked for candidates 13.1 3PM UTC
- BTCD Snapshot 15.1 (block xxxxxxxx)
- Elections begin 15.1 3pm UTC
- Elections finish 29.1 3pm UTC
- KMD distribution 31.1 3pm UTC




Komodo Explorer KPX: explorer.komodoplatform.com




ICO started on October 15th, 3PM UTC
25 % bonus ended on October 17th, 3PM UTC
20 % bonus ended on October 23rd, 3PM UTC
15 % bonus ended on October 30th, 3PM UTC
10 % bonus ended on November 6th, 3PM UTC
5 % bonus ended on November 13th, 3PM UTC
ICO ended on November 20th, 3PM UTC




In order to simplify the BTCD to KMD swap, a fixed exchange rate of 1.0 BTCD to 0.00532074 BTC was established. This exchange rate was determined by adding a 50% bonus to the daily closing price average of August.
Average price in Aug = 0.00354716 BTC/BTCD
BTCD exchange rate =  0.00354716 * 1.5 = 0.00532074 BTC/BTCD
-> BTCD's are worth ~6846 BTC in the ICO [1 286 654 BTCD × 0.00532074 BTC/BTCD]

BTCD can be sent to our ICO site and then swapped for KMD. This feature is under construction, and we will announce when it's ready.




Oct. 15 -           25% bonus
Oct. 16-22 -      20% bonus
Oct. 23-29 -      15% bonus
Oct. 30-Nov 5 - 10% bonus
Nov 6-12 -         5% bonus
Nov 13-20 -       0% bonus




Another bonus system was established to counter the dilution the BTC bonus system would have for BTCD investors. The bonus is calculated by applying the average bonus the BTC investors got to the swap rate.

Example: Lets say 10000 BTC are collected and 1000 BTC in early investor bonus was taken. That means the average bonus is 10%. This would bring the BTCD swap rate to 0.005852.




10 million Komodo coins are reserved for development, advisers and bounties.
90 million Komodo coins will be distributed to those who participated in the ICO either with BTC or later with BTCD via the swap procedure. In other words, some percentage will go to those who invested with BTC and the remaining portion to those who will swap their BTCD to KMD after the ICO.




We have created a spread sheet where you can calculate different scenarios about how much KMD one bitcoin would buy or how much you would receive in a BTCD swap.

Download the file into your own computer!

35% bonus: 500 BTC
30% bonus: 0 BTC
25% bonus: 980 BTC
20% bonus: 606.84 BTC
15% bonus: 286.70 BTC
10% bonus: 38.18 BTC
5% bonus: 21.34 BTC
0% bonus: 200.97 BTC

The following exchange rates were calculated after the ICO:

1 BTC = 7746,521995 KMD
1 BTCD = 50,42041779 KMD



Komodo Has Been Born!
Komodo ICO: Questions and Answers
The Silent Progress of Deep Tech
Q & A: Komodo Development
Q & A: SuperNET, Iguana, and the Role of Komodo
Notary Node Elections
Komodo: Zcash PoW with dPoW Consensus Mechanism
Komodo GUI (Graphic User Interface) Update
A Guide to Better Understand Komodo
Bitcoin Will Ride With Lizards
Komodo Marketing Update: Building the Groundwork
Why Vote on The Komodo Notary Node Elections



Komodo Testnet Launch
Basilisk mode in testing
Iguana syncs with Zcash testnet and Komodo testnet   
Bitcoin backstop protection on Komodo
Iguana's relationship with Komodo
Notary network and Basilisk
Notary nodes and notarization protection
Progress through bugfixing
Node Network and the Notary Node Election Problem
Atomic Cross Chain Swaps
Who Created the Komodo Block?   
Komodo's capacity for transparent and private transactions
Notary mining wars – and how to avoid them
Assetchain Alpha Release
dPoW Notary Node Debugging   
Notarized Data is Written to BTC Blockchain
The dPoW Development To Do List
A Testnet Notary Node Development Report
A successfull 5 way signed notary tx
Iguana Notary Dapp Creates A Notarized TX
A Working API Call for Notary TX Creation
dPoW progress report
dPoW Progress Report: It Is Working!
How to Implement 5% APR
Paxprice RPC Added to Komodod
New ‘Assetchains’ Version With Fiat Assetchains
We May Have A Mainnet
Komodo’s dPoW & fiat redeems are working
Unexpected Difficulty Explosion Drill
PAX: the First Implementation Of A Decentralized Gateway
Decentralized Broadcasting Service Powered By Notary Nodes
Last Few Weeks of Development Until Launch
Tradebots Update – Predicting the Future Price
Coins Are Ready For Distribution



#1 Newsletter Sep 30
#2 Newsletter Oct 05
#3 Newsletter Oct 15
#4 Newsletter Oct 23
#5 Newsletter Oct 29
#6 Newsletter Nov 6
#7 Newsletter Nov 12
#8 Newsletter Nov 19
#9 Newsletter Nov 29
#10 Newsletter Jan 9

Subscribe to Komodo Newsletter!




If you are interested about joining our team send us a message to contact@komodoplatform.com. Getting hired requires active participation and involvement. Currently we are cautious of hiring more people due to budgeting issues and future uncertainty.

The skills we are potentially looking for:
- project managers
- GUI devs
- testers for command line API
- windows build specialists
- C devs




French
Russian
German
Portuguese
Chinese
Spanish




Visit our press page




https://bitcointalk.org/index.php?topic=1659890.0



In a central exchange: we will inform the major exchanges about Komodo, but we cannot know when and if they will list us.

In a decentralized exchange: We are working hard so you could trade your precious KMD coins without any counterparty risk. But we cannot promise any specific date for this. We have however successfully conducted an atomic swap. For more info read our EasyDEX whitepaper.

A complete SWAP + snapshot explanation
I'll try to clear out all the uncertainty & misunderstandings

We try to swap all BTCD there exist throughout 1 full year. If someone has BTCD it can be swapped, no matter when it is bought. You could buy BTCD 6 months from now and swap it for KMD.

BTCD Snapshot to get REVS

 - The snapshot is not related to BTCD swap.
 - The snapshot is to get an additional asset called REVS.
 - The privatekeys are used to redeem the asset.
 - The snapshot has not happened yet!
 - to participate the BTCD can be stored either in a BTCD address under your control, or in our ICO site

BTCD Swap to get KMD

 - has nothing to do with the snapshot
 - is done through the ICO site
 - lasts 1 full year
 - swapped BTCD ends up to our account, where it is publicly visible (nothing will happen to the swapped BTCD)
 - hopefully every single BTCD coin will get swapped during the year

The conclusion

If you buy BTCD it can be swapped at any time. To also receive the REVS asset you need to have a privatekey that contained BTCD during the snapshot. BTCD swap and snapshot are two separate things.

During the year BTCD can be swapped for KMD with the exchange rate we announced: 1 BTCD = 50.448 KMD (However the exchange rate decreases slightly throughout the year because BTCD staking expands the supply)


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| Untraceable Zero Knowledge Transactions | Delayed Proof of Work / as safe as Bitcoin |
yassin54
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September 01, 2016, 07:04:31 PM
 #3

Plz Everybody Retweeted!! https://twitter.com/KomodoPlatform/status/771423087661293568  Cool

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September 01, 2016, 07:08:33 PM
 #4

I'd like to reserve for the Zulu Translation

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September 01, 2016, 07:17:50 PM
 #5

I would like to reserve the Klingo translation  Grin

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September 01, 2016, 07:18:21 PM
 #6

LGTM , I look forward to read the white paper.
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September 01, 2016, 07:19:21 PM
 #7

Reserved. Any bounties?

                                                                               
                                                                               
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September 01, 2016, 07:19:57 PM
 #8

in

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nightwishx
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September 01, 2016, 07:20:18 PM
 #9

Sure, we all know that Android monkey is a racket. Roll Eyes

❘|❘ ICONOMI Fund Management Platform
LINK TO ICO | LINK TO DISCUSSION
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September 01, 2016, 07:21:47 PM
 #10

What is the situation for BTCD holders? How is this not abandonment?
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September 01, 2016, 07:23:05 PM
 #11

are there any translation bounties sir?

Reserved. Any bounties?

Hello!

Yes, there will be some bounties. We will translate to all the major languages (4 or 5 translations).

More information about them will be posted in the following days!

◈▣ KOMODO ● ★ STAFF MEMBER ★ ▣◈
         PROTECTING YOUR PRIVACY WITH BITCOIN'S HASHRATE         
| Untraceable Zero Knowledge Transactions | Delayed Proof of Work / as safe as Bitcoin |
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September 01, 2016, 07:23:16 PM
 #12

What is the situation for BTCD holders? How is this not abandonment?

BTCD holders can swap and will get extra bonus Wink

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September 01, 2016, 07:23:26 PM
 #13

I'd like to reserve for the Zulu Translation

Beating me to the bounty, I would like to reserve the Zulu Node please.

ZDash
1
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1
1A private implementation of the "Zerocash"
════════ Protocol forked from Zcash ════════
[1
VISIT
OUR

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klee
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September 01, 2016, 07:23:34 PM
 #14

What is the situation for BTCD holders?
Interested to know this too!

Good luck.

BTC: 1K9atu5zgz7izCMAynk5adBJ8Qn2YgS6nT
OrsonJ
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September 01, 2016, 07:23:50 PM
 #15

What is the situation for BTCD holders? How is this not abandonment?

I was wondering the same thing, is this essentially replacing it? Plus, out of interest how many ICOs has jl777 launched over the years?
pugilist555
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September 01, 2016, 07:24:15 PM
 #16

are there any translation bounties sir?

Reserved. Any bounties?

Hello!

Yes, there will be some bounties. We will translate to all the major languages (4 or 5 translations).

More information about them will be posted in the following days!

I am reserving Indian (Hindi) Translation if you decide it is a major.

jl777
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September 01, 2016, 07:24:51 PM
 #17

What is the situation for BTCD holders? How is this not abandonment?
komodo is BTCD 2.0, rebranded
you will be able to convert BTCD into komodo
how is that abandonment?

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
BitcoinOnFire
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September 01, 2016, 07:26:02 PM
 #18

Guys please write some more comparison/goals in what KMD will be better then other currencies?

Faster? More scalability? SuperFriendly wallet?

Saying "new standard of crypto currency" is what each new project is saying. PR blsht. And there is round 2 new projects each month saying exactly the same. I believe in tech guys behind it, but saying some blsht is somehow distracting.

You are goind to present sth inteligent here - please present it inteligent way! Smiley

Will it be any different then other "new standards" ?

I hope it's only placeholder for the beggining, but it's good to start with good, inteligent placeholders also Smiley

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### Check out passcombo.com - offline open source password manager (simple mnemotechnic over pass generator)
###
jl777
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September 01, 2016, 07:27:18 PM
 #19

What is the situation for BTCD holders? How is this not abandonment?

I was wondering the same thing, is this essentially replacing it? Plus, out of interest how many ICOs has jl777 launched over the years?
this is actually my first coin ANN

I did do SuperNET 2 years ago along with NXT assets, but over the last year I havent even issued any assets that I can think of.


http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
BitcoinOnFire
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September 01, 2016, 07:28:04 PM
 #20

Simple answere - it's rebranding + tech improovment. Good move actually - both as marketing and tech. Join slack channel for more info.

What is the situation for BTCD holders? How is this not abandonment?

I was wondering the same thing, is this essentially replacing it? Plus, out of interest how many ICOs has jl777 launched over the years?

###
### Check out passcombo.com - offline open source password manager (simple mnemotechnic over pass generator)
###
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