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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 800. (Read 1191989 times)

sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
*simple explanations*

100,000,000 Komodo tokens
90,000,000 to ico and coin swap of btcd
Max btc is 30,000 and the ico ends if reached before ico scheduled to end.
Calculations will be at the end of the ico the following way...
Bitcoins collected + total btcd on the market for a swap will be divided by 90,000,000 and you get what % you have invested.
1st day 25% bonus was extended an extra 24hrs due to challenges getting into the site...no terms have changed.

Hope this gives some clarity.

Great summary!

Thank you.
legendary
Activity: 1582
Merit: 1001
www.neutroncoin.com
The website is working normally

no it does not. im trying to register since yesterday and it just keeps getting stuck, when "register" is pressed the button turns orange but nothing happens.


Tried in both chrome and internet explorer. (win 7)
also doesnt seem to work on firefox. (kubuntu)

maybe you are already registered and you need click "sign up" button to login ?? Try it.

Nothing show up after I clicked on sign up as well. But, just try to log in with it you should be fine. It works for me.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
full member
Activity: 210
Merit: 100
i try many time.I  can't register

i'm having this same issue... any way to solve?
full member
Activity: 143
Merit: 100
*simple explanations*

100,000,000 Komodo tokens
90,000,000 to ico and coin swap of btcd
Max btc is 30,000 and the ico ends if reached before ico scheduled to end.
Calculations will be at the end of the ico the following way...
Bitcoins collected + total btcd on the market for a swap will be divided by 90,000,000 and you get what % you have invested.
1st day 25% bonus was extended an extra 24hrs due to challenges getting into the site...no terms have changed.

Hope this gives some clarity.

sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
The ICO platform says that there must be a minimum deposit of 0.0777 BTC. Is this a general minimum deposit or does it only hold for purchases over ShapeShift?

It is a general minimum. If you send less, then you should resend more so the total amount is at least 0.0777 BTC.
tyz
legendary
Activity: 3360
Merit: 1533
The ICO platform says that there must be a minimum deposit of 0.0777 BTC. Is this a general minimum deposit or does it only hold for purchases over ShapeShift?
sr. member
Activity: 358
Merit: 250

How long should it take for the BTC sent in to show up on our ICO page? I sent some in two hours ago but it has not registered on the web page. Wallet says it's confirmed...

Is it still not working? If not please send me a PM, and we will look into it.

PM with further info sent...
full member
Activity: 196
Merit: 100
I invested 0.05 BTC last 7 hours on my ICO account but I still did not see any transaction or credit balance on my account?

I thinks the minimum limit to invest is 0.07 BTC....so you need to add another extra 0.02 BTC



Ow I did not see that so I need to send 0.0277 BTC to see my credit?

Thanks!

Yes, you should see your balance after sending the extra BTC  Smiley


copper member
Activity: 2212
Merit: 605
🍓 BALIK Never DM First
I invested 0.05 BTC last 7 hours on my ICO account but I still did not see any transaction or credit balance on my account?

I thinks the minimum limit to invest is 0.07 BTC....so you need to add another extra 0.02 BTC



Ow I did not see that so I need to send 0.0277 BTC to see my credit?

Thanks!
full member
Activity: 196
Merit: 100
I invested 0.05 BTC last 7 hours on my ICO account but I still did not see any transaction or credit balance on my account?

I thinks the minimum limit to invest is 0.07 BTC....so you need to add another extra 0.02 BTC


copper member
Activity: 2212
Merit: 605
🍓 BALIK Never DM First
I invested 0.05 BTC last 7 hours on my ICO account but I still did not see any transaction or credit balance on my account?
legendary
Activity: 1540
Merit: 1000
Troubleshooting

Our ICO site gives no feedback or confirmation email, so it might seem like it is not working. We are fixing these issues, and they should be done by midnight. We are also going to ad a 2FA feature.

Another thing is that the login process can take quite a while, so just wait patiently and it should work.

If you:
 - Can't access site --> Change DNS to google ones (8.8.8.8 ect)
 - Can't register --> Takes a while and doesn't give feedback right now.
 - Sign in --> Even if registering seemed to have failed, just try logging in and wait for 30 seconds or more. Should work then.

About the bonus extension

We have promised everyone an chance to get the 25 % first day bonus, and due to the problems we have had some were not able to invest. Thus we have extended the bonus by 24 hours.

This has been done only once, and we have no intentions to dilute the early investments! We simply just must give an equal chance for everyone to participate.

About the BTCD Swap

It begins after the ICO! No rush Smiley

About the KMD/BTC exchange rate

We can calculate that only after the ICO has ended and we know the exact amount of BTC raised. You can try to estimate it by using our ICO calculator.

How much have we raised?

You can check the ICO status from our multisig address: https://blockchain.info/address/35Rwwc9e2Mj7smFXJ1iXF826cMW3tqfz6x

Please do not send any funds there directly! Use your own BTC address generated by the ICO site.


Tweet : https://twitter.com/KomodoPlatform/status/787635362155945984

Reddit : https://www.reddit.com/r/komodoplatform/comments/57r9gi/a_quick_komodo_ico_faq/

Facebook : https://www.facebook.com/KomodoPlatform/posts/347552535591324

News SuperNET : http://news.supernet.org/posts/JsLsXzKikMAzScmMW/a-quick-komodo-ico-faq
sr. member
Activity: 784
Merit: 253
Set Your Ideas Free


There are 90 000 000 KMD coins distributed in the ICO (90 % of total supply), that is fixed amount. The BTC we raise is not fixed.

Is it clear now? With the calculator linked it is easy to calculate how many KMD's you would receive, if we would raise 2000 BTC total, for example.




I dont think you get what I mean
The 90 million Komodo will be distributed to all users who a) invest in the ICO or b) swap BTCD
Right?
This will be done a couple of weeks after the ICO, right? You arent waiting a full year later to determine final supply #?

But what about people who swap BTCD for Komodo in 6 months? Where does that supply come from/how do you know how many people are going to swap ?

Right after the ICO we can calculate the BTC/KMD and BTCD/KMD exchange rates, and then the BTCD swapping begins. We will reserve X amount of KMD for the BTCD swap (we know the total BTCD supply).

There will be enough KMD reserved for those who do the swap 6 months later. You don't have to wait full year to get KMD, you can get it a few weeks after the ICO when our mainnet is launched.


WOW, change the term now, good attempt, you can extend the ico period? So greedy to lure more money, it is the skills of jl777 usually uses.   Grin Grin  

Would you like to elaborate? Where are you referring to?

We haven't changed any terms or term, the ICO period has not been extended. A 25 % bonus duration was extended by 24 hours because of the ICO site problems.
sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
Troubleshooting

Our ICO site gives no feedback or confirmation email, so it might seem like it is not working. We are fixing these issues, and they should be done by midnight. We are also going to ad a 2FA feature.

Another thing is that the login process can take quite a while, so just wait patiently and it should work.

If you:
 - Can't access site --> Change DNS to google ones (8.8.8.8 ect)
 - Can't register --> Takes a while and doesn't give feedback right now.
 - Sign in --> Even if registering seemed to have failed, just try logging in and wait for 30 seconds or more. Should work then.

If you are still having problems You need to do this: flush DNS

Minimun investment

The minimum investment is 0.0777 BTC. If you send under it, then you will have to do another payment so the total goes over 0.0777 BTC.

We have also noticed an investments of exactly 0.0777 is not taken into account, as it should go over that amount. That is a bug, and it will be fixed soon.

About the bonus extension

We have promised everyone an chance to get the 25 % first day bonus, and due to the problems we have had some were not able to invest. Thus we have extended the bonus by 24 hours.

This has been done only once, and we have no intentions to dilute the early investments! We simply just must give an equal chance for everyone to participate.

About the BTCD Swap

It begins after the ICO! No rush Smiley

WARNING: Do not try to send BTCD to any ICO address! You could lose your BTCD. If you want to invest via BTCD then just buy it and hold it in your own address. The BTCD swap happens after the ICO and we will provide more info about it later.

About the KMD/BTC exchange rate

We can calculate that only after the ICO has ended and we know the exact amount of BTC raised. You can try to estimate it by using our ICO calculator.

How much have we raised?

You can check the ICO status from our multisig address: https://blockchain.info/address/35Rwwc9e2Mj7smFXJ1iXF826cMW3tqfz6x

WARNING: Do not send any funds there directly! Use your own BTC address generated by the ICO site.

*simple explanations*

100,000,000 Komodo tokens
90,000,000 to ico and coin swap of btcd
Max btc is 30,000 and the ico ends if reached before ico scheduled to end.
Calculations will be at the end of the ico the following way...
Bitcoins collected + total btcd on the market for a swap will be divided by 90,000,000 and you get what % you have invested.
1st day 25% bonus was extended an extra 24hrs due to challenges getting into the site...no terms have changed.

Hope this gives some clarity.
hero member
Activity: 882
Merit: 500
The website is working normally

no it does not. im trying to register since yesterday and it just keeps getting stuck, when "register" is pressed the button turns orange but nothing happens.


Tried in both chrome and internet explorer. (win 7)
also doesnt seem to work on firefox. (kubuntu)

maybe you are already registered and you need click "sign up" button to login ?? Try it.
legendary
Activity: 1526
Merit: 1002
Bulletproof VPS/VPN/Email @ BadAss.Sx
WOW, change the term now, good attempt, you can extend the ico period? So greedy to lure more money, it is the skills of jl777 usually uses.   Grin Grin 

WOW, a fresh new account has been made to spread some shit, because we are afraid to do it with our own account. How obvious.
sr. member
Activity: 240
Merit: 250
What? Another 24 hours extension?  Roll Eyes Roll Eyes  This looks make bonus not attractive any more, right? I saw ico in first day is smooth, but why extend 1 more day? It will dilute our bonus.   Angry Angry

We extended it only once, so we will have the 25% bonus total of 48 hours. It ends October 17th 3PM UTC

IF people have 1 year from the end of the ICO To exchange BTCD, how can the final figure for "funds raised" be determined before that 1 year is up / the final balance of Komodo determined? Because its dependent on how many people exchange BTCD right?

We must assume that all the BTCD is swapped, and most probably most of it will. The BTCD's have a promised exchange rate which is used to calculate how many KMD's each BTC and BTCD buy.

We have made a calculator for this! Check it out

what do you mean? the supply wont be exactly fixed, it might increase a little bit more as more people swap ?

There are 90 000 000 KMD coins distributed in the ICO (90 % of total supply), that is fixed amount. The BTC we raise is not fixed.

Is it clear now? With the calculator linked it is easy to calculate how many KMD's you would receive, if we would raise 2000 BTC total, for example.


Wait until all of the site will work normally, and will make swap small amount BTCD.

BTCD swapping begins after the ICO! Smiley

WOW, change the term now, good attempt, you can extend the ico period? So greedy to lure more money, it is the skills of jl777 usually uses.   Grin Grin  
full member
Activity: 204
Merit: 100


There are 90 000 000 KMD coins distributed in the ICO (90 % of total supply), that is fixed amount. The BTC we raise is not fixed.

Is it clear now? With the calculator linked it is easy to calculate how many KMD's you would receive, if we would raise 2000 BTC total, for example.




I dont think you get what I mean
The 90 million Komodo will be distributed to all users who a) invest in the ICO or b) swap BTCD
Right?
This will be done a couple of weeks after the ICO, right? You arent waiting a full year later to determine final supply #?

But what about people who swap BTCD for Komodo in 6 months? Where does that supply come from/how do you know how many people are going to swap ?
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