[ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B

[KomodoPlatform]

THE ICO HAS ENDED


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
05% bonus: 21.34 BTC
00% bonus: 200.98 BTC

Total BTC raised: 2634.04 BTC
Total BTCD swap: 8392.727 BTC

Total Market Cap: 12,900 BTC

--> KMD exchange rate = 0.000129 BTC/KMD = 7747.9 KMD/BTC
--> BTCD exchange rate = 0.006511 BTC/BTCD = 153.59 BTCD/BTC

EDIT: calculation were made, and the official (more precise) exchange rates are:
1 KMD = 0.00012907 BTC
1 BTCD = 50.448 KMD

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[KomodoPlatform]

Will the distribution be made as if 100% of btcd is swapped?
How can you do it without knowing how many users will convert?
What happens with non claimed funds, specially if its a big %?
Id like to see proof of conversion too in btcd.

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

[rdanneskjoldr]

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

[KomodoPlatform]

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

We stay loyal to our past investors and community, thus there was a BTCD swap.

Everything was transparent, and we did have an ICO calculator for this.

Considering the scale of our project the MC is not that big, but of course everyone has their own estimation/opinion.

[clovis A.]

THE ICO HAS ENDED


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
05% bonus: 21.34 BTC
00% bonus: 200.98 BTC

Total BTC raised: 2634.04 BTC
Total BTCD swap: 8392.727 BTC

Total Market Cap: 11,616 BTC = $8,600,000

--> KMD exchange rate = 0.000129 BTC/KMD = 7747.9 KMD/BTC
--> BTCD exchange rate = 0.006511 BTC/BTCD = 153.59 BTCD/BTC

Wow! Much thanks to the BTC investors for helping raise the btcd swap rate from .0052 to .0065!!  That's a bump of approximately 20%

[Blue777]

is there any plan which exchange we can trade komodo?

[ptytrader]

Hello how big is the Komodo Team ? How people work on it ? Thanks for all Infos

Have a good time
Cryptomankey

You can find a list of the great people involved in the Komodo platform website. Besides that, I personally think that the team behind KMD are true visionaries.

[anewafresh]

THE ICO HAS ENDED


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
05% bonus: 21.34 BTC
00% bonus: 200.98 BTC

Total BTC raised: 2634.04 BTC
Total BTCD swap: 8392.727 BTC

Total Market Cap: 11,616 BTC = $8,600,000

--> KMD exchange rate = 0.000129 BTC/KMD = 7747.9 KMD/BTC
--> BTCD exchange rate = 0.006511 BTC/BTCD = 153.59 BTCD/BTC

Wow! Much thanks to the BTC investors for helping raise the btcd swap rate from .0052 to .0065!!  That's a bump of approximately 20%

Also BTCD is still available for purchase at around 0.0042 at poloniex which means people can still get Komodo at almost more than 50% bonus even though the ICO is over now.

[housebtc]

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

We stay loyal to our past investors and community, thus there was a BTCD swap.

Everything was transparent, and we did have an ICO calculator for this.

Considering the scale of our project the MC is not that big, but of course everyone has their own estimation/opinion.

I just hope there is no shady deal done, the valuation of BTCD is high, but there is nothing we can do now, but my calculation is different from your, I invested 1BTC and given 8250KMD at 10% bonus
                                         1.1BTC=8250KMD
                                         so 1KMD= 0.0001333BTC as compared to 0.000129BTC
                                       
Please this may be same in 1KMD terms it is a big deal for large investors.                                         

[roncar]

Congrats to Komodo dev team! Hope for succesfull launching of the project! 

[tyz]

We stay loyal to our past investors and community, thus there was a BTCD swap.

...

What do you mean with there was a BTCD swap?
According to the FAQ on Komodo Platform website, the swap will be started two weeks after ICO ends and thus it starts on 4th December.

[KomodoPlatform]

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

We stay loyal to our past investors and community, thus there was a BTCD swap.

Everything was transparent, and we did have an ICO calculator for this.

Considering the scale of our project the MC is not that big, but of course everyone has their own estimation/opinion.

I just hope there is no shady deal done, the valuation of BTCD is high, but there is nothing we can do now, but my calculation is different from your, I invested 1BTC and given 8250KMD at 10% bonus
                                         1.1BTC=8250KMD
                                         so 1KMD= 0.0001333BTC as compared to 0.000129BTC
                                       
Please this may be same in 1KMD terms it is a big deal for large investors.                                         

I'm sorry, it was a quick calculation done by me right after the ICO ended.

Our team will recalculate everything, and we will officially announce the exact rate later.

We stay loyal to our past investors and community, thus there was a BTCD swap.

...

What do you mean with there was a BTCD swap?
According to the FAQ on Komodo Platform website, the swap will be started two weeks after ICO ends and thus it starts on 4th December.

Yes, you are correct, the swap has not begun yet.

[MoveCrypto]

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

We stay loyal to our past investors and community, thus there was a BTCD swap.

Everything was transparent, and we did have an ICO calculator for this.

Considering the scale of our project the MC is not that big, but of course everyone has their own estimation/opinion.

I just hope there is no shady deal done, the valuation of BTCD is high, but there is nothing we can do now, but my calculation is different from your, I invested 1BTC and given 8250KMD at 10% bonus
                                         1.1BTC=8250KMD
                                         so 1KMD= 0.0001333BTC as compared to 0.000129BTC
                                       
Please this may be same in 1KMD terms it is a big deal for large investors.                                         

11616 BTC ÷ 90000000 KMD = 0.00012907 BTC/KMD

That's average BTC-equivalent price paid for 1 KMD

The price paid per 1 KMD varies depending on which bonus % you got

Your price was higher than average, because the bulk of BTC was invested at greater than 10% bonus

[Cryptomankey]

What is ico average price ?
Where to trade ?

We distribute 90% of the supply (90M KMD) to our investors. Later today when the ICO ends we can calculate the exact KMD/BTC exchange rate. You should get a pretty good picture with our ICO calculator though.

Our ICO is still going on, you can't trade it yet. We will distribute the coins about 2 weeks from now, and then it could be traded.

Hello how big is the Komodo Team ? How people work on it ? Thanks for all Infos

Have a good time
Cryptomankey

Hello!

You can see our team from our website, along with some introductions.

Komodo is a sub-project of SuperNET, so some people are working on closely related projects, and some people who work for the SuperNET are not listed on Komodo's website.

For example, boogieman and his team is working on Iguana multiwallet GUI. Strictly speaking it's not a Komodo wallet, but you can use Komodo from it. Grewal satinder is working on the Komodo wallet.

We are looking to hire more people. Please send your application to contact@komodoplatform.com if you are interested!

Thank you for the info .Looks good and am looking forward to the start from Komodo👍👍👍 Good luck

[bias]

congrats for the succesful ICO!
now we will have to wait 2 weeks for the price of KMD and to enter in exchangers?

i understand that you will need some time to do that though...                                                                                                                                                                      

[siulynot]

Ok, i dont have btcd. But i did invest btc in the ico with a 15% bonus. Do i need to additionally buy btcd now? Why? I already invested btc.

Can someone link me somewhere i can read how exactly do i get my kmd if i invested btc in the ico and dont have btcd?

[gbdesai]

Ok, i dont have btcd. But i did invest btc in the ico with a 15% bonus. Do i need to additionally buy btcd now? Why? I already invested btc.

Can someone link me somewhere i can read how exactly do i get my kmd if i invested btc in the ico and dont have btcd?

You don't need BTCD to get your KMD.  As part of this project they are bringing over people that invested in the BTCD project in the past, they will give you KMD for BTCD, if you have it.  At this point if you want more KMD than what's already owed to you, you would have to go buy BTCD on the open market and when the swap opens you could convert it to KMD.

[coinling]

any updates on the time of the snapshot ?

[Wexfgy12]

any updates on the time of the snapshot ?

also on ability to send BTCD to ICO platform for snapshot purposes?

[Sjacmur]

can you read few posts before ?
Answers was here.