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

[KomodoPlatform]

Hello,

Maybe this question is already answered before.
Where can i trade KOMODO at this moment?

You can't trade KMD yet, but you can buy BTCD on Poloniex, which can be converted to KMD in the next week or two. Read the last two pages in this thread and there is information about that and how you would be buying KMD for half of the ICO price.

Okay thanks  
Going take a closer look to komodo and after that consider to buy some btcd to swap

Is it possible to swap from the supernet wallet?

Yes, when sending to the ICO site swap address it doesn't matter from where you send it. You can send from an exchange, or via MultiGateway (SuperNET lite wallet).

[rnr]

Will I receive the Revenue Asset shares if I do not do the swap on the swap day?
Essentialy my question is will I get REvenue Asset shares right away if i do not swap to KMD right away.

thanks

Team Komodo Ninja

provide you

abstract of FAQ regarding Swap BTCD to Komodo KMD!

Last Update: 09. January 2017

and

Why BTCD investors should swap to KMD right away:

The entire FAQ

Diversification & Decentralization Ratio (All Regions)

All Candidates & Locations (4 Google Maps)

http://komodo.ninja

https://www.komodoelection.com/candidates/rnr-ikt/

https://www.komodoelection.com/candidates/kolo/

Please retweet/follow at

https://twitter.com/komodonotary/status/815092767743352832

 

[tclo]

where can I download windows wallet for this KMD ? I do not see it now
I'm using windows system. Please give me my link. Thank you

There is no windows wallet at the moment.

I plan to just keep most of my BTCD unconverted until KMD has good Windows wallet, and I've figured out how to use it well and back it up or extract  private keys, etc.  

The good thing about this situation is that holding BTCD is basically the same thing as holding KMD because you can convert at any time until the end of 2017.  I will convert some of mine to experiment with KMD, but will be in no hurry to convert it all quickly.

The ask side of the BTCD orderbook is thinning out on Poloniex.  Only 3.5 BTC worth up to .0045.  But still a little left in the low .0036 area, but that probably won't last long. Of course new sellers could appear, but not sure why anyone would sell their BTCD this low, when KMD will be distributed soon and can get much more for them after the swap.

And starting to see some bid support.  7 BTC worth at .0034999.  No doubt they are trying to get someone to hit their bid, so they can get some BTCD for the swap, but not sure how successful they will be. Most all the trades are going off at the ask with no big sells. I'm tempted to buy more at the ask at these low prices, but already bought too much.

[trollercoaster]

What was the price of 1 KMD at ICO ?

Its 0.00012909 btc /kmd

now the Price for 1 KMD is 0.00006730

its a half....so the biggest looser are the Bitcoin Investors.....Thank you jl777 for that big loss.

I invested more than 30 BTC in that project....now people can only invest 15 BTC in BTCD and have the same Amount of KMD...thats very frustrating :-(

How is he to blame if you didn't even bother to read the first page of this thread and instead you locked up your BTC ? It was no secret that investing via btcd was a better deal.

[antykomodo]

What was the price of 1 KMD at ICO ?

Its 0.00012909 btc /kmd

now the Price for 1 KMD is 0.00006730

its a half....so the biggest looser are the Bitcoin Investors.....Thank you jl777 for that big loss.

I invested more than 30 BTC in that project....now people can only invest 15 BTC in BTCD and have the same Amount of KMD...thats very frustrating :-(

It is very obvious that project was create for btcd bagholdes, from the beginning it was known who is an Premium investor
Those who invested through via BTC, is only a porter in pseudo exclusive hotel and carries the baggage of some homeless.

Reliable solution would be give for those dissatisfied BTC investors opportunity refund of their BTC and leave komodo project...

[tclo]

It is very obvious that project was create for btcd bagholdes, from the beginning it was known who is an Premium investor
Those who invested through via BTC, is only a porter in pseudo exclusive hotel and carries the baggage of some homeless.

Reliable solution would be give for those dissatisfied BTC investors opportunity refund of their BTC and leave komodo project...

The trolls are out in force the last couple of days. I won't feed this one.  Time will tell what the truth is and Komodo has great promise.  We will see how the market values it very soon.  Anonymous coins are hot right now, and the ICO investors will likely do quite well.

[tclo]

BTCD price is rising in anticipation of the impending swap.  When I first posted about this a couple of days ago, BTCD was at .00310.  Now the price is .00379, which is 18.2% higher and there is 13 BTC worth of BTCD at the bid at .00310 or higher, which is where you could have bought it earlier.  

Remember that .00651 is equivalent to the ICO price, so still plenty more room to run up before the swap and afterwards as well.

.00379 i still a great deal...

Current BTCD Price (Poloniex):  .00379 BTCD/BTC

Current BTC/BTCD rate: 263.85 : 1 (amount of BTCD that you get for 1 BTC)

KMD/BTCD swap rate: 50.4488 : 1 (amount of KMD you will get for 1 BTCD that you swap on ICO site)

KMD/BTC current rate: 13311.029 (amount of KMD you get for 1 BTC worth of BTCD at current price on Poloniex)

KMD/BTC ICO rate: 7746.522 : 1 (amount of KMD you got for 1 BTC at the end of ICO with no bonus)

Current extra KMD via BTCD: +5564.507 KMD or +71.83% extra (relative to ICO KMD/BTC rate at the end of ICO with no bonus)

So at current prices, you get much more KMD that you would have gotten at the end of the ICO.

The price could rise sharply from here to .006512 BTCD/BTC and you would still get the same amount of KMD. per BTC spent, as during the final phase of the ICO.

Once you buy BTCD, be sure to move it to your personal wallet.  BTCD is Proof of Stake so you will receive extra free BTCD from automatic mining when you have it in your own wallet.  And you also need it in your personal wallet before the KMD “snapshot” that will get you the extra REVS asset.  Download BTCD wallet here:  http://bitcoindark.com/

[dzarmush]

I'm confused. Is ICO over or not over?

[rnr]

I'm confused. Is ICO over or not over?

ICO over. You can´t invest with BTC anymore.

But BTCD holder can swap their coins to KMD within 365 days. So, everybody can buy and swap BTCD within that timeframe.

Read more (FAQ) here: https://bitcointalk.org/index.php?topic=1605144.msg17353166#msg17353166

[tclo]

I'm confused. Is ICO over or not over?

Read the post above yours.  The ICO is over, but you can get about 80% more KMD per BTC now than you could through the ICO.  You just buy BTCD and then exchange for KMD in a week or two.

[dzarmush]

I'm confused. Is ICO over or not over?

ICO over. You can´t invest with BTC anymore.

But BTCD holder can swap their coins to KMD within 365 days. So, everybody can buy and swap BTCD within that timeframe.

Read more (FAQ) here: https://bitcointalk.org/index.php?topic=1605144.msg17353166#msg17353166

1 BTCD = 50448 KMD for the whole year? Even if in 11 months from now BTCD worth 0.00000001 BTC instead of 0.00377000 BTC? Or 0.037 instead of 0.0037?

[yassin54]

I'm confused. Is ICO over or not over?

ICO over. You can´t invest with BTC anymore.

But BTCD holder can swap their coins to KMD within 365 days. So, everybody can buy and swap BTCD within that timeframe.

Read more (FAQ) here: https://bitcointalk.org/index.php?topic=1605144.msg17353166#msg17353166

1 BTCD = 50448 KMD for the whole year? Even if in 11 months from now BTCD worth 0.00000001 BTC instead of 0.00377000 BTC? Or 0.037 instead of 0.0037?

1 BTCD = 50.42041779 KMD

[jl777]

I'm confused. Is ICO over or not over?

ICO over. You can´t invest with BTC anymore.

But BTCD holder can swap their coins to KMD within 365 days. So, everybody can buy and swap BTCD within that timeframe.

Read more (FAQ) here: https://bitcointalk.org/index.php?topic=1605144.msg17353166#msg17353166

1 BTCD = 50448 KMD for the whole year? Even if in 11 months from now BTCD worth 0.00000001 BTC instead of 0.00377000 BTC? Or 0.037 instead of 0.0037?

since there is a conversion, I would expect any large discrepancy to be arbitraged. After all, if BTCD is 50 satoshis you can get KMD for 1 satoshi, it seems that such prices wont be available for very long, so a 50 satoshi price for BTCD is quite unlikely.

since it is a oneway conversion, eg. KMD is not convertible to BTCD, the arbitrage will provide a floor, but not enforce a ceiling. So it is possible for the BTCD price to go significantly above 50x KMD price. Not saying it will, just saying there is no opposite arbitrage that would put a cap to the BTCD price.

whenever something is convertible to another thing, its price usually relates

[privatenode]

is wallet out yet?
any progress other than sells more coins?

[sulfurtank]

is wallet out yet?
any progress other than sells more coins?

U can confine urself to selling for now. I don't think rollout of the new wallet will happen this week.

[dzarmush]

I'm confused. Is ICO over or not over?

ICO over. You can´t invest with BTC anymore.

But BTCD holder can swap their coins to KMD within 365 days. So, everybody can buy and swap BTCD within that timeframe.

Read more (FAQ) here: https://bitcointalk.org/index.php?topic=1605144.msg17353166#msg17353166

1 BTCD = 50448 KMD for the whole year? Even if in 11 months from now BTCD worth 0.00000001 BTC instead of 0.00377000 BTC? Or 0.037 instead of 0.0037?

since there is a conversion, I would expect any large discrepancy to be arbitraged. After all, if BTCD is 50 satoshis you can get KMD for 1 satoshi, it seems that such prices wont be available for very long, so a 50 satoshi price for BTCD is quite unlikely.

since it is a oneway conversion, eg. KMD is not convertible to BTCD, the arbitrage will provide a floor, but not enforce a ceiling. So it is possible for the BTCD price to go significantly above 50x KMD price. Not saying it will, just saying there is no opposite arbitrage that would put a cap to the BTCD price.

whenever something is convertible to another thing, its price usually relates

I get it, just asking. So it's basically XCR/LSK situation. With the difference that conversion period will last 12 months.

[dzarmush]

I registered  on ICO website to deposit BTCD. It says "Send your BTCD to your bitcoindark deposit address below to receive KMD.", but I don't see an address, only QR code.

[yassin54]

The BTCD --> KMD swap is now live on our ICO platform: https://ico.komodoplatform.com/. Swap your BTCD before 15.01.2017 to participate on the REVS distribution! Just login to your ICO account and click "Swap" in the menu to start the swapping process.

You can directly send from exchanges to the BTCD address too!

If you have questions contact @Komodoplatform on bitcointalk.org  or @audo  in slack.

[jl777]

I registered  on ICO website to deposit BTCD. It says "Send your BTCD to your bitcoindark deposit address below to receive KMD.", but I don't see an address, only QR code.

try logout and login again

[dzarmush]

I registered  on ICO website to deposit BTCD. It says "Send your BTCD to your bitcoindark deposit address below to receive KMD.", but I don't see an address, only QR code.

try logout and login again

It worked, thanks!