[ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 749.

PondSea

legendary

Activity: 1428

Merit: 1000

Quote from: PAMPT on November 20, 2016, 03:54:21 PM

Quote from: MoveCrypto on November 20, 2016, 11:37:42 AM

Quote from: housebtc on November 20, 2016, 11:13:09 AM

Quote from: KomodoPlatform on November 20, 2016, 10:24:20 AM

Quote from: rdanneskjoldr on November 20, 2016, 10:17:23 AM

Quote from: KomodoPlatform on November 20, 2016, 10:14:00 AM

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

We stay loyal to our past investors and community, thus there was a BTCD swap.

Everything was transparent, and we did have an ICO calculator for this.

Considering the scale of our project the MC is not that big, but of course everyone has their own estimation/opinion.

I just hope there is no shady deal done, the valuation of BTCD is high, but there is nothing we can do now, but my calculation is different from your, I invested 1BTC and given 8250KMD at 10% bonus
1.1BTC=8250KMD
so 1KMD= 0.0001333BTC as compared to 0.000129BTC

Please this may be same in 1KMD terms it is a big deal for large investors.

11616 BTC ÷ 90000000 KMD = 0.00012907 BTC/KMD

That's average BTC-equivalent price paid for 1 KMD

The price paid per 1 KMD varies depending on which bonus % you got

Your price was higher than average, because the bulk of BTC was invested at greater than 10% bonus

Detached from the reality. And obviously all of u folks believe stats above has a real element of common sense to it.

Lemme guess. 11K bitcoins pooled, of which 90% is coming from a self-funding effort. That assumes 10 thousand btc in 500 btc blocks is the injection of confidence. Have u been holding meetings to lure in poor peeps with too much money?

Who else sees a black hole as a fundraiser? Look 11K raised, get me a shitwipe, I cant hold my money...

LOL

26xx BTC was collected. The other BTC "invested" is the value of the BTCD people were holding. This information was given at the onset of the ICO.

animalroam

legendary

Activity: 1073

Merit: 1000

I have to say I'm quite disappointed with the team in using an inflated BTCD price. There is a higher risk to invest earlier for a higher bonus, but now people can invest with 50% bonus at the same risk level as those with a 0% bonus. Someone correct me if I'm wrong (I would love to be wrong).

PondSea

legendary

Activity: 1428

Merit: 1000

Quote from: Miketaz on November 20, 2016, 03:40:26 PM

So I've been waiting on my funds to clear for the past week and a half so I could invest in this ICO. My bitcoin is finally arriving today but the ICO is over. Will I still be able to buy BTCD before the snapshot in two weeks and receive KMD?

Yes you can.

PAMPT

member

Activity: 237

Merit: 10

Quote from: MoveCrypto on November 20, 2016, 11:37:42 AM

Quote from: housebtc on November 20, 2016, 11:13:09 AM

Quote from: KomodoPlatform on November 20, 2016, 10:24:20 AM

Quote from: rdanneskjoldr on November 20, 2016, 10:17:23 AM

Quote from: KomodoPlatform on November 20, 2016, 10:14:00 AM

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

We stay loyal to our past investors and community, thus there was a BTCD swap.

Everything was transparent, and we did have an ICO calculator for this.

Considering the scale of our project the MC is not that big, but of course everyone has their own estimation/opinion.

I just hope there is no shady deal done, the valuation of BTCD is high, but there is nothing we can do now, but my calculation is different from your, I invested 1BTC and given 8250KMD at 10% bonus
1.1BTC=8250KMD
so 1KMD= 0.0001333BTC as compared to 0.000129BTC

Please this may be same in 1KMD terms it is a big deal for large investors.

11616 BTC ÷ 90000000 KMD = 0.00012907 BTC/KMD

That's average BTC-equivalent price paid for 1 KMD

The price paid per 1 KMD varies depending on which bonus % you got

Your price was higher than average, because the bulk of BTC was invested at greater than 10% bonus

Detached from the reality. And obviously all of u folks believe stats above has a real element of common sense to it.

Lemme guess. 11K bitcoins pooled, of which 90% is coming from a self-funding effort. That assumes 10 thousand btc in 500 btc blocks is the injection of confidence. Have u been holding meetings to lure in poor peeps with too much money?

Who else sees a black hole as a fundraiser? Look 11K raised, get me a shitwipe, I cant hold my money...

LOL

Miketaz

newbie

Activity: 19

Merit: 0

So I've been waiting on my funds to clear for the past week and a half so I could invest in this ICO. My bitcoin is finally arriving today but the ICO is over. Will I still be able to buy BTCD before the snapshot in two weeks and receive KMD?

PondSea

legendary

Activity: 1428

Merit: 1000

Quote from: Wexfgy12 on November 20, 2016, 02:54:21 PM

Quote from: coinling on November 20, 2016, 02:34:24 PM

any updates on the time of the snapshot ?

also on ability to send BTCD to ICO platform for snapshot purposes?

Before the snapshot which is roughly in 2 weeks.

PondSea

legendary

Activity: 1428

Merit: 1000

Quote from: coinling on November 20, 2016, 02:34:24 PM

any updates on the time of the snapshot ?

In about 2 weeks.

Sjacmur

hero member

Activity: 882

Merit: 500

can you read few posts before ?
Answers was here.

Wexfgy12

full member

Activity: 204

Merit: 100

Quote from: coinling on November 20, 2016, 02:34:24 PM

any updates on the time of the snapshot ?

also on ability to send BTCD to ICO platform for snapshot purposes?

coinling

sr. member

Activity: 431

Merit: 251

any updates on the time of the snapshot ?

gbdesai

member

Activity: 116

Merit: 10

Quote from: siulynot on November 20, 2016, 12:00:41 PM

Ok, i dont have btcd. But i did invest btc in the ico with a 15% bonus. Do i need to additionally buy btcd now? Why? I already invested btc.

Can someone link me somewhere i can read how exactly do i get my kmd if i invested btc in the ico and dont have btcd?

You don't need BTCD to get your KMD. As part of this project they are bringing over people that invested in the BTCD project in the past, they will give you KMD for BTCD, if you have it. At this point if you want more KMD than what's already owed to you, you would have to go buy BTCD on the open market and when the swap opens you could convert it to KMD.

siulynot

legendary

Activity: 1274

Merit: 1000

Ok, i dont have btcd. But i did invest btc in the ico with a 15% bonus. Do i need to additionally buy btcd now? Why? I already invested btc.

Can someone link me somewhere i can read how exactly do i get my kmd if i invested btc in the ico and dont have btcd?

bias

hero member

Activity: 882

Merit: 501

congrats for the succesful ICO!
now we will have to wait 2 weeks for the price of KMD and to enter in exchangers?

i understand that you will need some time to do that though... Cool

Cryptomankey

newbie

Activity: 6

Merit: 0

Quote from: KomodoPlatform on November 20, 2016, 03:04:55 AM

Quote from: @boutiuqe on November 19, 2016, 08:58:54 PM

What is ico average price ?
Where to trade ?

We distribute 90% of the supply (90M KMD) to our investors. Later today when the ICO ends we can calculate the exact KMD/BTC exchange rate. You should get a pretty good picture with our ICO calculator though.

Our ICO is still going on, you can't trade it yet. We will distribute the coins about 2 weeks from now, and then it could be traded.

Quote from: Cryptomankey on November 19, 2016, 09:18:28 PM

Hello how big is the Komodo Team ? How people work on it ? Thanks for all Infos

Have a good time
Cryptomankey

Hello!

You can see our team from our website, along with some introductions.

Komodo is a sub-project of SuperNET, so some people are working on closely related projects, and some people who work for the SuperNET are not listed on Komodo's website.

For example, boogieman and his team is working on Iguana multiwallet GUI. Strictly speaking it's not a Komodo wallet, but you can use Komodo from it. Grewal satinder is working on the Komodo wallet.

We are looking to hire more people. Please send your application to [email protected] if you are interested!

Thank you for the info .Looks good and am looking forward to the start from Komodo👍👍👍 Good luck

MoveCrypto

sr. member

Activity: 364

Merit: 250

move that crypto

Quote from: housebtc on November 20, 2016, 11:13:09 AM

Quote from: KomodoPlatform on November 20, 2016, 10:24:20 AM

Quote from: rdanneskjoldr on November 20, 2016, 10:17:23 AM

Quote from: KomodoPlatform on November 20, 2016, 10:14:00 AM

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

We stay loyal to our past investors and community, thus there was a BTCD swap.

Everything was transparent, and we did have an ICO calculator for this.

Considering the scale of our project the MC is not that big, but of course everyone has their own estimation/opinion.

I just hope there is no shady deal done, the valuation of BTCD is high, but there is nothing we can do now, but my calculation is different from your, I invested 1BTC and given 8250KMD at 10% bonus
1.1BTC=8250KMD
so 1KMD= 0.0001333BTC as compared to 0.000129BTC

Please this may be same in 1KMD terms it is a big deal for large investors.

11616 BTC ÷ 90000000 KMD = 0.00012907 BTC/KMD

That's average BTC-equivalent price paid for 1 KMD

The price paid per 1 KMD varies depending on which bonus % you got

Your price was higher than average, because the bulk of BTC was invested at greater than 10% bonus

KomodoPlatform

sr. member

Activity: 784

Merit: 253

Set Your Ideas Free

Quote from: housebtc on November 20, 2016, 11:13:09 AM

Quote from: KomodoPlatform on November 20, 2016, 10:24:20 AM

Quote from: rdanneskjoldr on November 20, 2016, 10:17:23 AM

Quote from: KomodoPlatform on November 20, 2016, 10:14:00 AM

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

We stay loyal to our past investors and community, thus there was a BTCD swap.

Everything was transparent, and we did have an ICO calculator for this.

Considering the scale of our project the MC is not that big, but of course everyone has their own estimation/opinion.

I just hope there is no shady deal done, the valuation of BTCD is high, but there is nothing we can do now, but my calculation is different from your, I invested 1BTC and given 8250KMD at 10% bonus
1.1BTC=8250KMD
so 1KMD= 0.0001333BTC as compared to 0.000129BTC

Please this may be same in 1KMD terms it is a big deal for large investors.

I'm sorry, it was a quick calculation done by me right after the ICO ended.

Our team will recalculate everything, and we will officially announce the exact rate later.

Quote from: tyz on November 20, 2016, 11:17:13 AM

Quote from: KomodoPlatform on November 20, 2016, 10:24:20 AM

We stay loyal to our past investors and community, thus there was a BTCD swap.

...

What do you mean with there was a BTCD swap?
According to the FAQ on Komodo Platform website, the swap will be started two weeks after ICO ends and thus it starts on 4th December.

Yes, you are correct, the swap has not begun yet.

tyz

legendary

Activity: 3360

Merit: 1533

Quote from: KomodoPlatform on November 20, 2016, 10:24:20 AM

We stay loyal to our past investors and community, thus there was a BTCD swap.

...

What do you mean with there was a BTCD swap?
According to the FAQ on Komodo Platform website, the swap will be started two weeks after ICO ends and thus it starts on 4th December.

roncar

sr. member

Activity: 434

Merit: 250

ALAX Pilipinas - Community Manager / PH Translator

Congrats to Komodo dev team! Hope for succesfull launching of the project! Cheesy

housebtc

sr. member

Activity: 588

Merit: 252

Quote from: KomodoPlatform on November 20, 2016, 10:24:20 AM

Quote from: rdanneskjoldr on November 20, 2016, 10:17:23 AM

Quote from: KomodoPlatform on November 20, 2016, 10:14:00 AM

I hope the above post answers your questions.

If after 1 full year there are some BTCD that did not get swapped, then we will add those to our working capital.

I don't find it fair at all. Not only btc investors we are swallowing all the worthless btcd at overprice, but if for example 20 or 25% of btcd isn't claimed for whatever reasons ( i guess small alt coins have big % of lost coins,etc.. ), we get our stake diluted as if they existed.

We stay loyal to our past investors and community, thus there was a BTCD swap.

Everything was transparent, and we did have an ICO calculator for this.

Considering the scale of our project the MC is not that big, but of course everyone has their own estimation/opinion.

I just hope there is no shady deal done, the valuation of BTCD is high, but there is nothing we can do now, but my calculation is different from your, I invested 1BTC and given 8250KMD at 10% bonus
1.1BTC=8250KMD
so 1KMD= 0.0001333BTC as compared to 0.000129BTC

Please this may be same in 1KMD terms it is a big deal for large investors.

anewafresh

full member

Activity: 131

Merit: 100

Quote from: clovis A. on November 20, 2016, 10:28:22 AM

Quote from: KomodoPlatform on November 20, 2016, 10:11:49 AM

THE ICO HAS ENDED

35% bonus: 500 BTC
30% bonus: 0 BTC
25% bonus: 980 BTC
20% bonus: 606.84 BTC
15% bonus: 286.70 BTC
10% bonus: 38.18 BTC
05% bonus: 21.34 BTC
00% bonus: 200.98 BTC

Total BTC raised: 2634.04 BTC
Total BTCD swap: 8392.727 BTC

Total Market Cap: 11,616 BTC = $8,600,000

--> KMD exchange rate = 0.000129 BTC/KMD = 7747.9 KMD/BTC
--> BTCD exchange rate = 0.006511 BTC/BTCD = 153.59 BTCD/BTC

Wow! Much thanks to the BTC investors for helping raise the btcd swap rate from .0052 to .0065!! That's a bump of approximately 20% Grin

Also BTCD is still available for purchase at around 0.0042 at poloniex which means people can still get Komodo at almost more than 50% bonus even though the ICO is over now.

Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 749. (Read 1192344 times)