Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 871. (Read 1192336 times)

BTCD holders will get a revshare asset as of an end of ICO snapshot, the value of this is hard to estimate

the .0053 conversion price is 50% higher than august average (we had to use trailing price) and close to 1 year ATH and also happens to be a slight premium over what it was trading at before the announcement

no set price will be perfect, but this is for only until the end of ICO and reduced volatility works both ways. BTCD likely becomes a much more stable prices during ICO

and the komodo ICO is not the end of BTCD, it is the start of BTCD 2.0 called komodo

Sorry, still a little fuzzy for me.  A one time payment because you held BTCD, or a recurring revenue based on what you held?  

I am assuming komodo becomes the pegged coin for the system after the swap.
 

BTCD holders will get a revshare asset as of an end of ICO snapshot, the value of this is hard to estimate

the .0053 conversion price is 50% higher than august average (we had to use trailing price) and close to 1 year ATH and also happens to be a slight premium over what it was trading at before the announcement

no set price will be perfect, but this is for only until the end of ICO and reduced volatility works both ways. BTCD likely becomes a much more stable prices during ICO

and the komodo ICO is not the end of BTCD, it is the start of BTCD 2.0 called komodo

There will be a small gap as there is an added step of funding the genesis holding account before swaps can be enabled.
I understand the issue of wanting access the same time.

I think what we can do is make sure exchange trading isnt started before people have had a day to redeem their komodo. And I will try to make redeems available within hours of when komodo is generally available, or maybe even a bit before by releasing a redeem tool before mainnet wallets

I dont count exchanges like yobit that trade IOU they just make up!

BTCD holders will get a revshare asset as of an end of ICO snapshot, the value of this is hard to estimate

the .0053 conversion price is 50% higher than august average (we had to use trailing price) and close to 1 year ATH and also happens to be a slight premium over what it was trading at before the announcement

no set price will be perfect, but this is for only until the end of ICO and reduced volatility works both ways. BTCD likely becomes a much more stable prices during ICO

and the komodo ICO is not the end of BTCD, it is the start of BTCD 2.0 called komodo

Okay, but btcd owners will have the option to do that at once the ICO tokens are distributed right? Say ICO ends, everyone receives their tokens, btcd owners only have to swap and it's done. So, formulating a better question: The swap option will be available as soon as ICO tokens are distributed right? Or will we still going to have to wait until that option is ready (after the rest already received the tokens)?

Curious, what will BTCD holders that swap expect to get for having had the BTCD?  What kind of return is being guessed at for having the asset at swap?  Any idea?

The ICO will end
genesis block and mainnet needs to be created using ICO investors and BTCD share
then it is possible to swap BTCD for komodo

so the BTCD holders will have a single swap step to take after ICO is over, but they dont have to do anything during the ICO. BTCD acts like an ICO token until the end of ICO

Assume I go with btcd, do I get my Komodo tokens at the exact same time as btc participants? Or since btcd donors, since it will only be swapped at the end of the ICO, will receive their Komodo tokens after the other ones? Like 1 week or so?

iguana is still on track, independent of komodo
komodo will get the iguana of course

as to price, just think of it as a little pause. The flip side of having a known price is that it wont go down too far from it either. Markets have prices going up and down and the price is at essentially a 1 year all time high price

We have to be a fair and balanced pricing for the ICO investors. the fact that there is all this complaining that it is unfair to BTCD holders, I guess means that ICO investors wont be complaining we gave BTCD holders too good of a deal.

Especially since I am a large holder of BTCD, I hope you can see how I had to err on the side of not overrewarding BTCD holders.

Also, the ICO funds that come in will allow a lot more to be accomplished.

Maybe it is a short term paper loss for some and I apologize for that. If it makes you feel any better, I am suffering the same paper loss and probably a lot larger scale than most anybody.

I have been working on the core nonstop, literally 14+ hrs per day 28 days per month for over 2 years. And in the last year I doubled the SuperNET NAV after having neglected it and letting it drop 75% due to NXT price decline.

I couldnt go public with the plan as that would have contaminated the price average. And if it was pushed up to .01 by BTCD holders who wanted to boost their share of the komodo (admit it you would have thought about doing it), then it would have been sabotaging the ICO investors.

So if you are suffering, I feel your pain directly and to a larger degree. I did what I believe is fair to both sides and just keep in mind that while the price probably wont go up too much, it wont go down too much either

Let us try to focus on the breakthrough that dPoW is and the introduction of zero knowledge proofs.

completely agree with this