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Author Topic: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin  (Read 590525 times)
visual111
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September 02, 2016, 02:28:51 AM
 #161


We need to wait till Zcash is released to build ontop.
/
what does this mean for the upcoming (or no longer?) iguana release? I thought something was going to be released once GUI was completed, which seemed to be soon






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September 02, 2016, 02:31:44 AM
 #162


We need to wait till Zcash is released to build ontop.
/
what does this mean for the upcoming (or no longer?) iguana release? I thought something was going to be released once GUI was completed, which seemed to be soon

Komodo will use iguana, but Iguana GUI is independent of Komodo.

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September 02, 2016, 02:33:55 AM
 #163

Looks interesting.Anyways i follow your twitter and subscirbe komodo newsletter

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September 02, 2016, 02:34:37 AM
 #164

the only way to buy Komodo is partecipate at the ico , so you will sell BTCD on the ICO  and after the ICO swap the BTCD coin ! Is this what understood?
thanks for your helps!

You will swap BTCD to Komodo at roughly 0.0053/BTC rate after the ICO.

At a date to be determined a snap shot will be done as to allocate a new asset chain to give BTCD holders the 3x revenue streams they were going to get.
Thanks so much for your clarifications!  I suppose people have to get some BTCD at the exchange if they want to swap to Komodo...so it could be possible that BTCD will rise a lot! thas make any sense what i say? thanks dev for your help to let me understand!

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September 02, 2016, 02:36:45 AM
 #165

the only way to buy Komodo is partecipate at the ico , so you will sell BTCD on the ICO  and after the ICO swap the BTCD coin ! Is this what understood?
thanks for your helps!

You will swap BTCD to Komodo at roughly 0.0053/BTC rate after the ICO.

At a date to be determined a snap shot will be done as to allocate a new asset chain to give BTCD holders the 3x revenue streams they were going to get.
Thanks so much for your clarifications!  I suppose people have to get some BTCD at the exchange if they want to swap to Komodo...so it could be possible that BTCD will rise a lot! thas make any sense what i say? thanks dev for your help to let me understand!

Not really.

People can invest using BTC during the ICO period. They get bonuses depending on at which stage they send in the BTC. They dont need to buy BTCD to buy into Komodo.

Current BTCD holders will swap to Komodo at that rate after the ICO period.

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September 02, 2016, 02:39:43 AM
 #166

Link for komfirm newslatters not work sir.

Hey mate Link for confrimation newslatters is Work for me..but you must Get the manual,,reply email and you can see link to subcribe

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September 02, 2016, 02:41:04 AM
 #167

The process is put in email then Subscribe. Then go to email, check spam section if you dont see the email and click link to verify.

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September 02, 2016, 02:44:37 AM
 #168

the only way to buy Komodo is partecipate at the ico , so you will sell BTCD on the ICO  and after the ICO swap the BTCD coin ! Is this what understood?
thanks for your helps!

You will swap BTCD to Komodo at roughly 0.0053/BTC rate after the ICO.

At a date to be determined a snap shot will be done as to allocate a new asset chain to give BTCD holders the 3x revenue streams they were going to get.
Thanks so much for your clarifications!  I suppose people have to get some BTCD at the exchange if they want to swap to Komodo...so it could be possible that BTCD will rise a lot! thas make any sense what i say? thanks dev for your help to let me understand!

Not really.

People can invest using BTC during the ICO period. They get bonuses depending on at which stage they send in the BTC. They dont need to buy BTCD to buy into Komodo.

Current BTCD holders will swap to Komodo at that rate after the ICO period.

Thanks very much, understood now!  the people will now  buy some BTCD  will already have great bonus as i understood the price fixed for komodo swap is 0.0053 ! so I will buy soon ...thanks dev really appreciate your helps!

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September 02, 2016, 02:46:14 AM
 #169

Im not a dev, just helping out.

If you can buy BTCD at 0.0042 you basically get free assets for future revenue streams as well as the top tier bonus using BTC.

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September 02, 2016, 02:48:23 AM
 #170

The process is put in email then Subscribe. Then go to email, check spam section if you dont see the email and click link to verify.



Yeah that is in folder spam.Well i can do it like copy and paste And i think is not problem Cheesy

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September 02, 2016, 02:53:12 AM
 #171

The process is put in email then Subscribe. Then go to email, check spam section if you dont see the email and click link to verify.



Yeah that is in folder spam.Well i can do it like copy and paste And i think is not problem Cheesy

That is fine. Usually when it is in spam, the HTML links are not clickable.....so copying the link has the same outcome as marking as not spam and clicking the link.

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September 02, 2016, 02:53:56 AM
 #172

Im not a dev, just helping out.

If you can buy BTCD at 0.0042 you basically get free assets for future revenue streams as well as the top tier bonus using BTC.

Sorry, but yeah! at the moment it will be better to buy BTCD till the price will rise  same as fixed price for  Komodo ICO , that is great!
Thanks PondSea really appreciate Wink

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September 02, 2016, 05:50:33 AM
 #173

Nice project, I like it!

However, you'll compete with Z.CASH, what do you think about them?

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September 02, 2016, 05:57:30 AM
 #174

Simple - it's not swap, only exchange with poor exchange rate 10:2, because new investors in BTC get the 8

then how does swap work and how are they raising money?

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September 02, 2016, 06:12:34 AM
 #175

The thing is this also not build much trust... Year later you can do another "ico/cwap" as you need more money....

Is there any proof that after ICO price will go up? No. So BTCD holder may be screwed...

Also think about those who bought and kept BTCD for 1-2 year when price was higher... Or maybe there is not any like that?

Also I see market CAP is prices closed to WAVES. WAVES also collected big amounts, and after 3 months they reach the lowet price. No reason thinking BTCD holder will gain from that? Thay just "loose" the long waited 5x-6x gains. 50% bonus does not replace that.


Yeah James I fully understand you. You're doing the correct thing.

It's just that we all were waiting for 1000%-2000% profits with BTCD and iguana and now we'll have to go for a 100-200% profits, sharing with new investors who didn't even know you.

Nevertheless, I insist, you're doing the best for the project, and that gives me even more confidence with you.

I'll invest hard in your ICO, even if I have to go for a simple 100% profit. Wink

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September 02, 2016, 06:17:43 AM
 #176


Hey James, 
maybe you can give us a statement to thefollowing.

There are dozends of projects and icos from you. jl777, nxtventure, supernet, etc etc

Almost none of your projects is anywhere near finished. The recent project Iguana is not finished.

Now you start the next project and the next ico.

Looks like there is some systematic behind this.

So maybe you can tell us, if you will ever finish a project?

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September 02, 2016, 06:39:05 AM
 #177


iguana is still on track, independent of komodo
komodo will get the iguana of course

as to price, just think of it as a little pause. The flip side of having a known price is that it wont go down too far from it either. Markets have prices going up and down and the price is at essentially a 1 year all time high price

We have to be a fair and balanced pricing for the ICO investors. the fact that there is all this complaining that it is unfair to BTCD holders, I guess means that ICO investors wont be complaining we gave BTCD holders too good of a deal.

IF YOU give 90% of ICO to BTCD - the future ICO investors would simply invest buying BTCD. I do not see a problem here? There would still be time for new investor to buy BTCD. BTCD market is not closed. Also you could get profit from that. Seems instead you decided to get profit from new ICO investors as you are part of the team that will be paid from that?


Especially since I am a large holder of BTCD, I hope you can see how I had to err on the side of not overrewarding BTCD holders.

Tell me if I'm not correct. It's not really fair to compare part of the team with avg investor? Avg investor will not be paid from those 30 k BTC from ICO. You will. So it's just a way of revenue you have chosen - get fesh BTC then earn gains on you BTCD?


Also, the ICO funds that come in will allow a lot more to be accomplished.

Maybe it is a short term paper loss for some and I apologize for that. If it makes you feel any better, I am suffering the same paper loss and probably a lot larger scale than most anybody.


Again tell me if I'm not correct. It's not really fair to compare part of the team with avg investor? Avg investor will not be paid from those 30 k BTC from ICO. You will. So it's just a way of revenue you have chosen - get fesh BTC then earn gains on you BTCD?


I have been working on the core nonstop, literally 14+ hrs per day 28 days per month for over 2 years. And in the last year I doubled the SuperNET NAV after having neglected it and letting it drop 75% due to NXT price decline.

I totally agree you deserve good money. But ICO is not proof of anything. No business plan, no numbers and dates, no spendings assigned. No proof it's good. It's just total unknown. And placing BTCD as only 20% value of KMD is a question if really fair. The story can be like WAVES - get lot of money and price dump for long months. So in the end in place of seeing good gains on BTCD the price was blocked with ICO fixed and after "the small pause" it's quite possible the price will crash and BTCD holders will see lowst instead of gains Smiley

I couldnt go public with the plan as that would have contaminated the price average. And if it was pushed up to .01 by BTCD holders who wanted to boost their share of the komodo (admit it you would have thought about doing it), then it would have been sabotaging the ICO investors.

So if you are suffering, I feel your pain directly and to a larger degree. I did what I believe is fair to both sides and just keep in mind that while the price probably wont go up too much, it wont go down too much either

Let us try to focus on the breakthrough that dPoW is and the introduction of zero knowledge proofs.

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September 02, 2016, 06:41:52 AM
 #178

Does it mean UNITY is now kind of abandoned - second grade project?
And you focus solely on ICO as you smell money?
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September 02, 2016, 06:49:21 AM
 #179

Does it mean UNITY is now kind of abandoned - second grade project?
And you focus solely on ICO as you smell money?

unity is unity. komodo is komodo. Chances are, Unity will be the DAO of komodo




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BitcoinOnFire
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September 02, 2016, 06:57:00 AM
 #180

Ok I tihnk I figure this out Smiley

If anyone of team saying they also suffer from BTCD swap the same - that would be true if the owned 80% of BTCD. Do they?

Guess not.

So actually what they do is the "pause" for BTCD investors where:

1) BTCD investors have no gains in the pauss, just empty jump to new project (new ICO - many things can go wrong, big unknown)
2) team takes all the gain as switching to new project - Komodo, where 80% of money are fresh BTC (little things can go wrong there - at least they will have 30k BTC! so what so ever!)

The pause is literally - take all the 5x gains from BTCD investors in form of fresh BTC (if all goas as planned).

If they had at least 80% of BTCD - they wouldn do it.

Summary - it's smart grabbing 5x BTCD gains from ALL investors if plan works Smiley

This is 100% relevant situation what is happening right now. So if someone calls a money grab, is completely justified.

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