Komodo presents its decentralized ICO platform (dICO). This technology guarantees coin developers to launch a transparent coin offering while maintaining investors’ privacy through Komodo’s built-in privacy features. For the first time in crypto history it’s possible to issue and distribute native cryptocurrencies without a trusted third party.
So a dICO doesn’t differentiate itself from other ICOs by decentralization only, it also needs Komodo Platform’s Jumblr technology to guarantee complete privacy for all ICO parties. Furthermore, dICOs on Komodo Platform don’t require high fees as each asset chain is an independent blockchain secured by dPoW, enabling all dICO transaction fees to be paid with the dICO coin.
Komodo Platform’s strategic partner Monaize is going to be the first to use this revolutionary technology. Their ICO will be the first of its kind and will also put Komodo Platform in the spotlights.
- Based on bitcoin dark and Zcash principles
- A new mining algorithm, dPoW (delayed Proof of Work), uses bitcoin network hash power
- Anonymous team, but the main developer is well-kinown in the community and has frequently worked with the Super.NET project
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Attention. There is a risk that unverified members are not actually members of the team
While other coins battle to stand out in a crowded market, Komodo is happy to hide in the shadows. KMD is a privacy coin with a firm focus on decentralization.
It’s much more than a vanilla crypto coin, though, hosting dApps and a decentralized exchange. Komodo KMD is built for those who like to stay underground, and it has a solid foundation of tech to appease its demographic.
KMD uses a delayed Proof-of-Work algorithm to stay lean and let average computer and server users compete against ASIC rigs for mining.
KMD is developing a decentralized crypto exchange that will enable atomic swaps directly from user wallets, eliminating the need for middlemen.
Its open-source nature makes Komodo a Linux-like blockchain that’s sure to maintain value among its core users and tech-savvy investors.
With these pieces in place, Komodo is poised to remain in the shadows of more popular coins. It may not fail during a bubble crash either, however. With solid trading options and an emphasis on privacy, KMD is sure to be used as a currency, even if only in the dark web, for years to come.
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