Hi,
I'm a long time follower and investor of komodo, but never involve in the forum.
i'm really excited about the last few days.
it's seems to me that the BCH -> KMD swap on barterdex and the drop of the BTC from baterdex had good an impact on the komodo project but i have some concern about the dIco, not the dIco itself but the monaize project.
I'm afraid that the monaize company in the futur if it does not work as expected had a bad impact on the komodo project, because new banking company like that in france have some difficulties to stole clients from major banking companie. Even if more recently we've seen Orange Bank having a good start, the market of monaize is not the same as it's only for Pro account, and the price even if it's lower than other bank account is still superior than online banking offer.
But like i said it's just a concern, i didn't really follow the marketing around the monaize project and maybe it will work.
Regards,
I kind of agree and don't agree. Not all ICO's on the ETH platform are a success and this doesn't necessarily reflect badly on ETH.
Likewise if KMD manages to successfully pull off the first ever decentralized ICO, this will be the main focus of this event. Whatever MNZ does in the future will be of lesser importance as they will go their own way on their own chain.
I expect that after the first dICO, we will see a lot more interested parties quickly joining the ranks to issue dICO's on the KMD platform. Whatever MNZ does, or does not do will have lesser effect as there will be more new coins/tokens issued, each with their own chain.
Offcourse, if the dICO is a success, and a couple of weeks later MNZ tanks 50% or whatever and they fail to realize their business plan, this might reflect badly as the MNZ ICO will be the only reference point.
I don't think it will go so fast, so the KMD platform should have enough time to offer several more dICO's before any of this might occur.
For the record, I think the MNZ project will do just fine. If you look at projects like MCO or PAY that have risen to absurd highs without a banking license or actual business, which MNZ DOES have, I don't really see any immediate problems occur.