How soon will Komodo be traded at EasyDEX? Have you started developing it already?
Will Komodo also be available to be traded at other exchanges? How long will after the ICO ends before the KMD tokens will be distributed to participants?
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.
- 3 months ago jl777 conducted an atomic swap through the command line:
https://steemit.com/easydex/@jl777/easydex-test-run-automated-atomic-cross-chain-swap- A week ago we published a whitepaper about the process:
https://komodoplatform.com/dex-whitepaper/- grewalsatinder is currently developing a GUI for it, called EasyDEX GUI
Our decentralized exchange has a long history, and now finally things are looking very good. We haven't announced any release date though. Satinder is working on other GUI's at the same time, such as the Komodo wallet (on another tab).
Today Satinder shared some new screenshots on Slack, here's one:
You will have an access to the EasyDEX exchange and to the Komodo wallet from the same GUI.
EasyDEX exchange is a grandma friendly simple exchange, like Shapeshift. We will also develop a fully featured trading environment called InstantDEX (for traders), but it will take a lot longer as it doesn't have a GUI team at this moment. EasyDEX will come first.
EDIT: Oh, and we will distribute the KMD coins ~2 weeks after the ICO.