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jacaf01
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January 13, 2017, 04:58:46 AM |
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I hope the 31.1 date for KMD distribution is sacrosanct, any update on exchanges and I will like to know more on the REV snapshot
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KomodoPlatform
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January 13, 2017, 05:20:52 AM |
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Is it still possible to get REV if I move my coins off the exchange?
If you keep your coin in an exchange you won't get REVS. You must move them either to a local BTCD wallet or to our ICO site (recommended option). I hope the 31.1 date for KMD distribution is sacrosanct, any update on exchanges and I will like to know more on the REV snapshot
Snapshot happens 15.1.2017, there's no exact time for it though as it is some specific block we will announce later. You should move the funds now if you want to get REVS. There are two options: - ICO site - local wallet If you have BTCD in: - a cenralized exchange - NXT blockchain as SuperBTCD you must move them out now! |
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disconnectme
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January 13, 2017, 07:50:54 AM |
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Is it still possible to get REV if I move my coins off the exchange?
If you keep your coin in an exchange you won't get REVS. You must move them either to a local BTCD wallet or to our ICO site (recommended option). I hope the 31.1 date for KMD distribution is sacrosanct, any update on exchanges and I will like to know more on the REV snapshot
Snapshot happens 15.1.2017, there's no exact time for it though as it is some specific block we will announce later. You should move the funds now if you want to get REVS. There are two options: - ICO site - local wallet If you have BTCD in: - a cenralized exchange - NXT blockchain as SuperBTCD you must move them out now! I participated in the KMD ICO and my tokens is still on the ICO webpage. I will like more light shed on the REVs thing, Is it another token, if yes, what do I need to do get it. |
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KomodoPlatform
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January 13, 2017, 07:56:34 AM |
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Is it still possible to get REV if I move my coins off the exchange?
If you keep your coin in an exchange you won't get REVS. You must move them either to a local BTCD wallet or to our ICO site (recommended option). I hope the 31.1 date for KMD distribution is sacrosanct, any update on exchanges and I will like to know more on the REV snapshot
Snapshot happens 15.1.2017, there's no exact time for it though as it is some specific block we will announce later. You should move the funds now if you want to get REVS. There are two options: - ICO site - local wallet If you have BTCD in: - a cenralized exchange - NXT blockchain as SuperBTCD you must move them out now! I participated in the KMD ICO and my tokens is still on the ICO webpage. I will like more light shed on the REVs thing, Is it another token, if yes, what do I need to do get it. The KMD tokens are there as they have not been distributed yet. The distribution date is January 31st. REVS is a separate thing, to get it you need to own BTCD which you either send to your local wallet or to our ICO site. Here's the info: A complete SWAP + snapshot explanationI'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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yassin54
Legendary
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Activity: 1540
Merit: 1000
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January 13, 2017, 10:20:20 AM |
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Development History: From a Testnet to Mainnet. |
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jl777 (OP)
Legendary
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Activity: 1176
Merit: 1134
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January 13, 2017, 10:59:31 AM |
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next step is to vote, which starts after the snapshot then you will lock your KMD address and your KMD will be sent to that address |
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yassin54
Legendary
Offline
Activity: 1540
Merit: 1000
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January 13, 2017, 11:43:50 AM |
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Are you not sure who you should vote for in the Notary Node elections? I can help - Vote for noashh! :-) Reasons: - Trustworthy (1 of the 3 Komodo ICO wallet admins, Slack admin, Managing payments for SuperNET development teams/freelancers, …)
- SuperNET member since day 1, supporting jl777
- Experienced in running nodes (SuperNET IT Admin, together with VanBreuk)
- Reliable (Daily updates, fast response time)
- Low Subsidy (Covering only actual server costs)
Good luck my friend!!  |
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milonite
Member
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Activity: 160
Merit: 10
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January 13, 2017, 12:46:17 PM |
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The swap rate 1:50 will decrese for a maximum of 5% i am right?
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dzarmush
Legendary
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Activity: 1806
Merit: 1001
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January 13, 2017, 12:51:12 PM |
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The swap rate 1:50 will decrese for a maximum of 5% i am right?
yes |
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sulfurtank
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January 13, 2017, 02:31:07 PM |
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The KMD tokens are there as they have not been distributed yet. The distribution date is January 31st.
REVS is a separate thing, to get it you need to own BTCD which you either send to your local wallet or to our ICO site. Here's the info:
Obviously this shit cant be a platform. U should change ur name to "I stole a trademark protected by intelligent property rights". This can't be called Komodo as it is fucking rip-off from Commando movie. U are a bunch of cabinetmakers without higher education. |
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dzarmush
Legendary
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Activity: 1806
Merit: 1001
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January 13, 2017, 03:06:30 PM |
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Monero tards trolling other coins again ? Looks like they still don't know it but "defamation" is a law and you might get a nice letter from a lawyer.
What trolls?   |
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sulfurtank
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January 13, 2017, 04:35:55 PM |
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Im am being heavily put on cocaine, right onto the top of it. I just swing by to tell u how it feels to be out of reach of gatekeepers and their vices, here, on cocaine mountain where I deploy a NASA-sized telescope for eyeballing the activity of earthlings.  |
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taurados
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January 13, 2017, 04:57:30 PM |
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so there will be 100 million coins + around 65 million coins from the btcd swap right?
i dont unterstand where this 65 million komodo are taken from.
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milonite
Member
Offline
Activity: 160
Merit: 10
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January 13, 2017, 05:33:05 PM |
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The swap rate 1:50 will decrese for a maximum of 5% i am right?
Ok, but why this rate is so fixed? It should be more variable? I mean, 1 year from now the price of btcd may fall near 0, is a coin that is no more supported. so 6 month from people could buy btcd and may get the 1000% more of komod. Is this fair? |
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ngdias
Jr. Member
Offline
Activity: 51
Merit: 1
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January 13, 2017, 06:11:08 PM |
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The swap rate 1:50 will decrese for a maximum of 5% i am right?
Ok, but why this rate is so fixed? It should be more variable? I mean, 1 year from now the price of btcd may fall near 0, is a coin that is no more supported. so 6 month from people could buy btcd and may get the 1000% more of komod. Is this fair? There are people doing arbitrage all the time, which means that BTCD price will closely follow KMD because if BTCD falls behind too much there is profit to be made by bringing the values closer together. |
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dzarmush
Legendary
Offline
Activity: 1806
Merit: 1001
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January 13, 2017, 06:23:30 PM |
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so there will be 100 million coins + around 65 million coins from the btcd swap right?
i dont unterstand where this 65 million komodo are taken from.
There are only 100M coins. Roughly 65M goes to BTCD investors, 25M goes to BTC investors and 10M is development fund. |
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dzarmush
Legendary
Offline
Activity: 1806
Merit: 1001
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January 13, 2017, 06:25:28 PM |
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The swap rate 1:50 will decrese for a maximum of 5% i am right?
Ok, but why this rate is so fixed? It should be more variable? I mean, 1 year from now the price of btcd may fall near 0, is a coin that is no more supported. so 6 month from people could buy btcd and may get the 1000% more of komod. Is this fair? That's why if you have any free BTC it would be a really good idea to set some BTCD buying orders at very low prices. |
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