[ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 875.

jl777

legendary

Activity: 1176

Merit: 1132

Quote from: traumschiff on September 01, 2016, 04:43:24 PM

Quote from: Zubnin on September 01, 2016, 04:41:35 PM

I am disappointed too. I was waiting for this coin to at least get back to the price bought it for 2 years ago, and now you priced it at 0.0053
Just give BTCD holders fixed % of 100 mil KMD.

This.

Atleast it could have been a 50% bonus on the last known price before the announcement. BTCD investors getting the D.

It is a balance. If the terms were too much biased for BTCD, then it is against the ICO investors.

So we could have said 10x the last BTCD price and gotten 5 BTC raised
Somehow I think you will be happier to have raised more and benefit from the added liquidity, development and marketing such funds can achieve

jl777

legendary

Activity: 1176

Merit: 1132

Quote from: Danzing on September 01, 2016, 04:29:52 PM

I would prefer direct BTCD to KMD swap at the fixed rate without BTC price involvement. There were low price phase, then price jumps all of the sudden, dumps. Market was manipulated.

I dont think the market has factored in the 1 year redemption period or the revshare asset snapshot value

yelllowsin

full member

Activity: 236

Merit: 100

Lol, i regret selling my BTCD today...had to buy it all back for a loss, but i am in. This is like getting free komodo Cool

traumschiff

legendary

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180 BPM

Quote from: Zubnin on September 01, 2016, 04:41:35 PM

I am disappointed too. I was waiting for this coin to at least get back to the price bought it for 2 years ago, and now you priced it at 0.0053
Just give BTCD holders fixed % of 100 mil KMD.

This.

Atleast it could have been a 50% bonus on the last known price before the announcement. BTCD investors getting the D.

Zubnin

member

Activity: 72

Merit: 10

I am disappointed too. I was waiting for this coin to at least get back to the price I bought it for 2 years ago, and now you priced it at 0.0053
Just give BTCD holders fixed % of 100 mil KMD.

Johnny00

hero member

Activity: 896

Merit: 553

It doesn't start until October 15th

Seccour

legendary

Activity: 1619

Merit: 1004

Bitcoiner, Crypto-anarchist and Cypherpunk.

Quote from: BTC-BTC-BTC on September 01, 2016, 04:33:05 PM

What are the options for the people don't want to swap?

Saw your money worth less and less each day.

TrollPanda

member

Activity: 60

Merit: 10

Quote from: KomodoPlatform on September 01, 2016, 04:35:54 PM

Quote from: OrsonJ on September 01, 2016, 04:29:36 PM

Quote from: KomodoPlatform on September 01, 2016, 04:15:43 PM

BTCD Valuation for the swap

In order to simplify the BTCD to KMD swap, a fixed exchange rate of 1.0 BTCD to 0.00532074 BTC was established, meaning that if you send one BTCD you will receive 0.00532074 BTC worth of Komodo. This exchange rate was determined by adding a 50% bonus to the daily closing price average of August. The swapping process will take place after the ICO and detailed information will be posted soon.

If you are a BTCD holder, keep an eye on the BTCD thread. Tomorrow we will post more information there, such as what does this mean for BTCD.

Is BTCD swapped for Komodo eligible for early bird bonuses too?

BTCD will be swapped at the end of the ICO, so it is not eligible for any further bonuses.

So you just screwed over everyone that bought in the last couple of days.

TrollPanda

member

Activity: 60

Merit: 10

Quote from: KomodoPlatform on September 01, 2016, 04:35:54 PM

Quote from: OrsonJ on September 01, 2016, 04:29:36 PM

Quote from: KomodoPlatform on September 01, 2016, 04:15:43 PM

BTCD Valuation for the swap

In order to simplify the BTCD to KMD swap, a fixed exchange rate of 1.0 BTCD to 0.00532074 BTC was established, meaning that if you send one BTCD you will receive 0.00532074 BTC worth of Komodo. This exchange rate was determined by adding a 50% bonus to the daily closing price average of August. The swapping process will take place after the ICO and detailed information will be posted soon.

If you are a BTCD holder, keep an eye on the BTCD thread. Tomorrow we will post more information there, such as what does this mean for BTCD.

Is BTCD swapped for Komodo eligible for early bird bonuses too?

BTCD will be swapped at the end of the ICO, so it is not eligible for any further bonuses.

WTF. That's messed up.

KomodoPlatform

sr. member

Activity: 784

Merit: 253

Set Your Ideas Free

Quote from: OrsonJ on September 01, 2016, 04:29:36 PM

Quote from: KomodoPlatform on September 01, 2016, 04:15:43 PM

BTCD Valuation for the swap

In order to simplify the BTCD to KMD swap, a fixed exchange rate of 1.0 BTCD to 0.00532074 BTC was established, meaning that if you send one BTCD you will receive 0.00532074 BTC worth of Komodo. This exchange rate was determined by adding a 50% bonus to the daily closing price average of August. The swapping process will take place after the ICO and detailed information will be posted soon.

If you are a BTCD holder, keep an eye on the BTCD thread. Tomorrow we will post more information there, such as what does this mean for BTCD.

Is BTCD swapped for Komodo eligible for early bird bonuses too?

BTCD will be swapped at the end of the ICO, so it is not eligible for any further bonuses.

BTC-BTC-BTC

legendary

Activity: 1582

Merit: 1001

www.neutroncoin.com

What are the options for the people don't want to swap?

TrollPanda

member

Activity: 60

Merit: 10

Quote from: traumschiff on September 01, 2016, 04:30:51 PM

Quote from: OrsonJ on September 01, 2016, 04:29:36 PM

Quote from: KomodoPlatform on September 01, 2016, 04:15:43 PM

BTCD Valuation for the swap

In order to simplify the BTCD to KMD swap, a fixed exchange rate of 1.0 BTCD to 0.00532074 BTC was established, meaning that if you send one BTCD you will receive 0.00532074 BTC worth of Komodo. This exchange rate was determined by adding a 50% bonus to the daily closing price average of August. The swapping process will take place after the ICO and detailed information will be posted soon.

If you are a BTCD holder, keep an eye on the BTCD thread. Tomorrow we will post more information there, such as what does this mean for BTCD.

Is BTCD swapped for Komodo eligible for early bird bonuses too?

+1

Hope so.

Just came on here to ask the same question.

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

Quote from: OrsonJ on September 01, 2016, 04:29:36 PM

Quote from: KomodoPlatform on September 01, 2016, 04:15:43 PM

BTCD Valuation for the swap

In order to simplify the BTCD to KMD swap, a fixed exchange rate of 1.0 BTCD to 0.00532074 BTC was established, meaning that if you send one BTCD you will receive 0.00532074 BTC worth of Komodo. This exchange rate was determined by adding a 50% bonus to the daily closing price average of August. The swapping process will take place after the ICO and detailed information will be posted soon.

If you are a BTCD holder, keep an eye on the BTCD thread. Tomorrow we will post more information there, such as what does this mean for BTCD.

Is BTCD swapped for Komodo eligible for early bird bonuses too?

+1

Hope so.

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

Quote from: KomodoPlatform on September 01, 2016, 04:15:43 PM

BTCD Valuation for the swap

In order to simplify the BTCD to KMD swap, a fixed exchange rate of 1.0 BTCD to 0.00532074 BTC was established, meaning that if you send one BTCD you will receive 0.00532074 BTC worth of Komodo. This exchange rate was determined by adding a 50% bonus to the daily closing price average of August. The swapping process will take place after the ICO and detailed information will be posted soon.

If you are a BTCD holder, keep an eye on the BTCD thread. Tomorrow we will post more information there, such as what does this mean for BTCD.

Does the BTCD swap also get the deposit bonuses, ex. 1st day +25%? Would be fair imho.

Danzing

member

Activity: 112

Merit: 10

I would prefer direct BTCD to KMD swap at the fixed rate without BTC price involvement. There were low price phase, then price jumps all of the sudden, dumps. Market was manipulated.

OrsonJ

sr. member

Activity: 597

Merit: 253

... and the swarm is headed towards us

Quote from: KomodoPlatform on September 01, 2016, 04:15:43 PM

BTCD Valuation for the swap

In order to simplify the BTCD to KMD swap, a fixed exchange rate of 1.0 BTCD to 0.00532074 BTC was established, meaning that if you send one BTCD you will receive 0.00532074 BTC worth of Komodo. This exchange rate was determined by adding a 50% bonus to the daily closing price average of August. The swapping process will take place after the ICO and detailed information will be posted soon.

If you are a BTCD holder, keep an eye on the BTCD thread. Tomorrow we will post more information there, such as what does this mean for BTCD.

Is BTCD swapped for Komodo eligible for early bird bonuses too?

jl777

legendary

Activity: 1176

Merit: 1132

Quote from: tyz on September 01, 2016, 04:21:41 PM

Three questions:

Will the amount of 200 million KMD after 14 years be the final amount? If so, will it become POS afterwards?

What part will Komodo play in SuperNET? Will it be possible to swap BTCD stored in Supernet wallet to KMD?

I didnt plan to support direct conversion of superBTCD, but maybe we can do that. probably easier just to withdraw via MGW to native and then convert, or maybe we can do MGW withdraw's to a conversion address.

dont worry, we wont strand anybody and will ensure everybody is able to swap. there is a 1 year period for the swap starting after ICO closes.

yassin54

legendary

Activity: 1540

Merit: 1000

Quote from: KomodoPlatform on September 01, 2016, 04:15:43 PM

BTCD Valuation for the swap

In order to simplify the BTCD to KMD swap, a fixed exchange rate of 1.0 BTCD to 0.00532074 BTC was established, meaning that if you send one BTCD you will receive 0.00532074 BTC worth of Komodo. This exchange rate was determined by adding a 50% bonus to the daily closing price average of August. The swapping process will take place after the ICO and detailed information will be posted soon.

If you are a BTCD holder, keep an eye on the BTCD thread. Tomorrow we will post more information there, such as what does this mean for BTCD.

Tweeted!! https://twitter.com/KomodoPlatform/status/771443885105176576

jl777

legendary

Activity: 1176

Merit: 1132

Quote from: tyz on September 01, 2016, 04:21:41 PM

Three questions:

Will the amount of 200 million KMD after 14 years be the final amount? If so, will it become POS afterwards?

What part will Komodo play in SuperNET? Will it be possible to swap BTCD stored in Supernet wallet to KMD?

after it reaches 200 million then it will have to be transaction fees to pay for the notary nodes

Assuming reasonable growth, blocksize capacity increases, I dont see any problem in the txfees to support the notary servers indefinitely

dPoW combines a NXT style PoS with bitcoin PoW utilizing notary nodes that are elected by komodo stakeholders. that is similar to how bitshares/steemit selects witness nodes

In komodo's case the ICO investors will be the ones to determine most of the notary nodes, along with BTCD holders, so it will be a very distributed electorate.

Also the notary nodes provide an added layer of security but they cant be spending anybody's funds, they just approve what is submitted.Still an important part of the blockchain, but they dont touch anybody's funds or keys

Johnny00

hero member

Activity: 896

Merit: 553

Quote from: jl777 on September 01, 2016, 04:06:34 PM

Quote from: Danzing on September 01, 2016, 03:40:55 PM

Will BTCD be all converted into this one? Or will they coexist? What's the point of switching to Komodo if BTCD has so much more potential?

komodo is btcd 2.0, rebranded
all of BTCD potential infuses komodo

does that mean BTCD will die?

Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 875. (Read 1191723 times)