What is the relationship between the Komodo coin and the decentralized exchange?
Or in other words - what will determine the demand for KMD?
Why does/would one of those things have to do with the other? Komodo creates the demand for Komodo, with or without BarterDEX even existing.
I believe in barterDEX. But why should I buy coins KMD if they do not have a connection with the exchange?
Many investors are interested in this questions.
The demand from KMD will come from:
1. It's features such as 5.1% APR reward, 51% resistant, scalability, continuing improvements( more and more features will be added, the latest is CC) - Better coin
2. DEX has 0 confirmation features which requires you to deposit and lock in KMD depending on the size of trades you want to do for a period of times. ( with this use case alone, KMD will be very scarce if DEX adoption scales up pretty quickly)
3. Multiple ASSETs dividends are paid in KMD ( which required to be purchased in KMD)
4. JUMBLR service requires KMDs to use.
5. dPOW Notarization service will require KMD ( around 300 KMD a year for each project) - Some projects might decide to hold 6000 KMD so that it will produce 300 kmd from 5.1% APR to substitute for the annual fee - imagine lots of projects doing this.
6. I believe more services will be developed in the future which will require KMD to use as well because KMD is the fuel of this ecosystems.
7. Some marketplaces have started accepting KMDs. ( around 62 stores the last time i checked)
8. Some Dicos give bonuses to investors if they invest in KMD - which drives demands.
9. peer2.krd let people use debit card without having to deal with bank - reloadable with KMD / BTC
10. KMD Notary node operators have incentives to improve and grow KMD ecosystem,the effort can be seen such as peer2.group has launched the above peer2.krd and other services, another operator has launched Chainzilla which help project to launch on KMD platform etc
