Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 297. (Read 1192000 times)

KMD now owns 5% of bank to have source of fiat in crypto. At least this what I understood.

DICO!

The developers found it hard to present in English so they decide to read the script XD. They better invest more in a supporting team who is in charge of image.

What exactly has been announced thus far? i'm somewhat new to KMD but far haven't heard anything new.

Why, what did you expect? And it's not even finished yet.

https://www.youtube.com/watch?v=nu0R96OZy6w

Very disappointed at the way of presenting the announcement!

https://komodoplatform.com

watch live

A link please fast to the live announcements?
Thank you

http://streaming.radio.co/sc5508127c/listen

listen live

Not sure if you noticed SuperNET NAV (whether you agree with it or not) has increased from $3 to $30 to $90

If KMD was using up all the funds, it really couldnt be doing this.

KMD did an ICO and raised enough funds for the minimum scenario of funding notary nodes. However until recently we didnt have enough funds to expand staffing significantly or to be attending trade shows.

However getting 30x ROI on ICO has help KMD pay for its own expenses

Thanks for response. I was under the impression KMD development (marketing/GUI) was funded through Supernet NAV, that's why I said that.

dont worry, whether the functionality goes into BTCD or KMD it doesnt change supernet's position.

Also, we are not finished yet (I know it has been years, but I did say it is a marathon and would take time).

5Ti was sold for a combination of BTC and BCH, currently this is responsible for a reasonable gain as IOTA has dropped from where it was converted. Also I count about 11,000 BTC of altcoin NAV, not counting any assets into it.

As the largest SuperNET holder, I am well aware of its situation. I think I have done ok with both BTCD and KMD, when I am done activating SuperNET, I think you wont be upset.

Also, SuperNET has about $50 mil of reasonably liquid funds, KMD has much less. not sure how you think KMD is sucking away at SuperNET NAV.

Anyway, I know there is a liquidity issue, but to fix it I need to first get all the revenue producing assets producing revenues.

Thanks for your patience.

Assetchain isn't a token it's its own blockchain that has its own coin in fact if you can figure out how to do it you could issue tokens from your own assetchain

China just killed btc (short term at least)

http://www.zerohedge.com/news/2017-09-08/bitcoin-crashes-massive-volume-china-plans-shut-local-exchanges

This puts barterDEX in the spotlight for the announcement, cheap coins!!

Supernet holders will still receive pass through revshares just as promised.  There really isn't any change from that aspect.  Regarding NAV Supernet for as long as I remember has never trade at NAV. I speculate that this is due to being priced in altcoin and not in BTC .  Before poloniex  carried the btc/Supernet pair now that's gone Supernet asset will have to wait til barterdex to have large liquidity.

Originally Supernet's functionality would have been on nxt not sure why you think it's different being on Komodo

@CHMEX1 (I am not going to quote that long slack conversation a few posts before)  

What is being discussed (asset chain) sounds a lot like waves, or am I missing something? In waves, it has been fairly easy to issue your own new token that is connected to the waves blockchain and also pay transaction fees in waves.

I've been a silent lurker for years (Back to Supernet ICO).

I just have a public comment for James and whoever wants to discuss this.

A lot of the planned functionality of Supernet has been migrated to Komodo, and I feel like Supernet holders are getting the shaft (I can't be the only one?) . Komodo is taking off. Komodo holders also got a JUMBLER drop. Komodo not only replaced BTCD but it also took the technical part of Supernet away- Correct me if I am wrong. And before you point out the obvious- Yes, I know what is good for Komodo is good for Supernet since Supernet will own many of it's Assetchains. And yes, Supernet is way up, but less so compared to almost every other crypto out there. These are all beside the point and I would really like to discuss this.

Part of the price suppression of Supernet is because it's still on NXT, but let's be honest, if it was worth more it would be trading for more. As far as I am concerned, Supernet is currently overpriced per it's ASSET holdings (at the bottom of http://old.supernet.org/nav.php) because the NAV means nothing if holders can't liquidate out at that price. Assets are currently worth about 3500 BTC, and the cap for Supernet is 6000 BTC.

Think about other ETFs. They trade at NAV roughly because you can liquidate at anytime. The market is not pricing Supernet at it's NAV, because it's in disagreement that it is a NAV at all.

And, to add fuel to the fire, Komodo has years of funds for development due to Supernet investors. Komodo is sucking away at the NAV. Yet, Komodo is getting the functionality promised for Supernet itself.  For example, I noticed 20 percent of IOTA is missing from the NAV now.

I hope this doesn't come across at disingenuous. Maybe I am confused.  

I was watching Blocknet and XC team for 2 years. It seemed to me they have smaller team to work, and less vision overall. Their biggest mistake was they didn't build such greate team like Supernet. People are the biggest assets allways. The team got their initialy important token delisted from major exchanges and also the next one - Block was delisted on polo I tihnk.

Maybe Blocknet will eventually succeed, but seems the scale and overall vision is much smaller, and ready to use tech for sure smaller in every term then KMD.

PS
I think by this time KMD tech (including the wide range of applications) is one of the best, that could in price terms maybe compete even with ETH. Only a matter of marketing probably and time (+ some gui adjustments).
KMD is smart - steals the best anon tech that exist  from ZEC and the strongest transaction safety from BTC after all


I got some KMD but these price levels seem yet too low to sell.

I don't think blocknet is a serious competitor due to how their lp system works , it requires 5k blocknet to be an lp node  this prices out many smaller traders from being lp and centralizes the system.  Not to mention that besides atomic swaps they don't bring anything else to the table.   Now it may be a decent Dex like system and there is room for competition but I don't think it's much competition for Komodo as a whole. Warning: I may be biased 😊