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Komodo ICO summary information

Conceptual Model

Komodo will bring about the anonymity of Zcash along with the NXT style PoS security, the witness based consensus system inspired by Bitshares, and the security and reliability of the Proof of Work Bitcoin Blockchain, which is a tested and proven system kept by thousands of nodes. Komodo's the Delayed Proof of Work (dPoW) consensus method will make Bitcoin the center of all PoS/dPoW cryptocurrencies, allowing the energy that is used in bitcoin mining to be utilized to secure other cryptocurrencies, thus making Bitcoin more energy efficient, while making other cryptocurrencies safer. this will add value to the entire alternative cryptocurrency sphere and to bitcoin itself as it becomes a vital part of other currencies and platforms.

Project Description

Komodo will bring about the anonymity of Zcash along with the NXT style PoS security, the witness based consensus system inspired by Bitshares, and the security and reliability of the Proof of Work Bitcoin Blockchain, which is a tested and proven system kept by thousands of nodes. Komodo's the Delayed Proof of Work (dPoW) consensus method will make Bitcoin the center of all PoS/dPoW cryptocurrencies, allowing the energy that is used in bitcoin mining to be utilized to secure other cryptocurrencies, thus making Bitcoin more energy efficient, while making other cryptocurrencies safer. this will add value to the entire alternative cryptocurrency sphere and to bitcoin itself as it becomes a vital part of other currencies and platforms.Team:Jl777: Lead Developer.Pbca26: Web GUI Developer.Antonleogky: UX and UI Designer.Audo: Community Manager.Yassin: Social Media Manager.Grewalsatinder: Technical Expert, Advisor.Komodo's ICO raised 2639 BTC with the majority being received in the first couple of days due to the initial 25% bonus. Komodo will spend the $1.98 Million on development and marketing as well as a fund to offer Bitcoin protection service. Also the ICO funds were used to fund 64 high capacity servers around the world, and to pay the Bitcoin transaction fees. The protection layer is self-sustaining as long as the Komodo price stays above 0.25 USDToken Reserve Split (10%):10% Reserved as working capital;Komodo's ICO campaign featured bonus, bounties and the token is mineable.

Founders and Associates

James L (jl777)

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
KMD Latest Updates
July 12, 2018

A Call to Arms!

A Call to Arms! Cast your vote for Komodo to be listed on KuCoin and earn your share of 5 BTC in $KMD!KuCoin has a ‘Vote For Your Coin’ competition going on right now in a telegram group where you can vote for Komodo to be listed, to receive a 30,000 USD boost in marketing and YOU can earn...

From: Ben O'Hanlon

A Call to Arms! Cast your vote.

A Call to Arms! Cast your vote for Komodo to be listed on KuCoin and earn your share of 5 BTC in $KMD!KuCoin has a ‘Vote For Your Coin’ competition going on right now in a telegram group where you can vote for Komodo to be listed, to receive a 30,000 USD boost in marketing and YOU can earn...

From: Ben O'Hanlon

July 05, 2018

Improved Monthly Rewards and ‘Free for All’ mining on the Komodo Platform

Important changes to Komodo’s Blockchain at Block Height 1 MillionWhen the Komodo Blockchain reaches the Block Height 1,000,000, two notable changes are scheduled to happen. Block 1,000,000 is expected to happen in the first half of September 2018.A painting of JL777 delivering commits...

From: Ben O’Hanlon

July 03, 2018

Security: Delayed Proof of Work (dPoW)

Last week, we announced our plans to unveil the 5 latest features being added to Komodo Platform. Each of the 5 features will improve one important attribute of Komodo’s tech: security, scalability, interoperability, privacy, and simplicity.In this post, we will explain how our innovative...

From: Daniel C Pigeon

June 29, 2018

The 5 Pillars of Blockchain Tech & How Komodo Is Improving Upon Each One

Komodo Platform is the world leader in blockchain solutions. Thus far in 2018, Komodo has already made our roadmap a reality and reached several new milestones. We’ve bridged the gap between BTC-based coins and ERC-20 tokens, released an upgraded website and Komodo 1.5 rebranding, held our...

From: Daniel C Pigeon

June 28, 2018

Komodoshis News Update - Week 26

Komodoshis News Update — Week 26A summary of recent news from the desk of Ben O’Hanlon.#1 Komodo team meet up in Switzerland.Having just got back from Komodo’s team meet up in Switzerland, we’d like to thank Ludom and the town of Neuchâtel in Switzerland for being great hosts.Our...

From: Ben O’Hanlon

January 11, 2018

Komodo Platform: Year 2017 in Review

Recap on Tech AdvancementsThe Komodo blockchain is barely more than a year old. It began as a project spearheaded largely by developers creating the platform they imagined.Our development history began in 2014. However, the Komodo’s journey officially started on September 14, 2016, when the...

From: Komodo Platform

November 12, 2017

The Monaize dICO Delay is Only Temporary

We’re working hard to get the countdown ticking once again, and it shouldn’t be long.An Ongoing JourneyWe are in the midst of a years-long journey to bring a new form of decentralized technology to The People. For those just tuning in to the Komodo story, the technology we have created is...

From: Komodo Platform

November 10, 2017

Announcement: We Are Delaying the Monaize Public dICO Launch To Allow for Additional Testing

The Komodo Platform’s backend technology has proven to be both stable and functional. In preparing for the Monaize dICO launch we successfully executed more than 1700 cross-chain atomic swaps during our dICO test phase.Recently, during our final preparatory stages, we conducted what’s...

From: Komodo Platform

October 29, 2017

Everything You Need to Know about Atomic Swaps, and How Komodo is Advancing the Technology

Over the last several years, at Komodo we have quietly worked with a blockchain innovation called “The Atomic Swap,” a technology seen recently in the news. The growth of this technology throughout the entire market shows an exciting future where cryptocurrencies can be accessible to the...

From: Komodo Platform

October 23, 2017

The Evolution of Komodo:

Our Roots in Privacy-centric Coins, and Our Ecosystem DevelopmentKomodo started as a privacy coin, evolved into a platform, and is now a growing ecosystem. When looking at our roots, one can see how starting as a privacy-based cryptocurrency fueled our long-term aim to provide the tool of...

From: Komodo Platform

September 24, 2017

Komodo Platform’s Innovation: Blockchain StartUp Kit With Decentralized Crowdfunding

Our product stands out among blockchain platforms as a solution offering security, transparency, and privacy in crowdfunding entrepreneurship.Open-Source CrowdfundingThe Komodo platform now natively supports ‘blockchain interoperability’, meaning that transactions on the Komodo blockchain...

From: Komodo Platform

September 21, 2017

Komodo On-Stage Presentation at the Bitcoin, Ethereum, & Blockchain Conference

You may have heard about the massive Bitcoin, Ethereum, and Blockchain Superconference this coming February 16–18, 2018 in Dallas, Texas.It’s an annual conference where hundreds of blockchain enthusiasts from around the world gather to hear leading developers discuss ideas on how blockchain...

From: Komodo Platform

September 19, 2017

Banking meets Blockchain: our upcoming conference in Zürich, Switzerland

Together with Monaize we are holding our first exclusive event to display the competitive edge of our strategic products and discuss the ways in which we can empower you and your business to take the lead in blockchain technology.Event ScheduleRepresentatives from both Monaize and Komodo will...

From: Komodo Platform

September 18, 2017

The Decentralized ICO Platform

There lies a great power in the idea that any person, regardless of nationality, creed, or background, can obtain funding to innovate and prosper. An integral tenet of blockchain technology is “decentralization”: by decentralizing systems we curtail control points that can negatively impact...

From: Komodo Platform

September 17, 2017

Monaize, Komodo, and Our Symbiotic Relationship

Monaize, our first dICO partner, recently released their much anticipated white paper.Let’s take a look at the nature of Monaize, how they are using Komodo to power their business, and what kind of role our Komodo team will play in their dICO.A Brief Overview of MonaizeA young technology...

From: Komodo Platform

September 15, 2017

Our Marketing Journey Accelerates

Leading up to last week’s announcement we received a tremendous amount of coverage from the community — more than we anticipated. Many of you voiced feedback on the need to improve our marketing and communications, and now we have.Turning our attention to public relations.We added...

From: Komodo Platform

September 09, 2017

Horizontal structure for an open source project

Changes in society happen in waves and some are bigger than others. Perhaps, to the surprise of many, we’re not referring to blockchain technology here, but rather to something that is even more significant, although still in its infancy. We are talking about an evolution in organizational...

From: Komodo Platform

September 05, 2017

A Platform For Decentralized Society

Blockchain technology is inherently exciting because of its disruptive nature, casting a shadow over many archaic industries. Thus many projects are born out of the idea of bringing an old industry into the new Blockchain era. In practice, however, very few go beyond that.Ultimately, the reason...

From: Komodo Platform