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Komodo (KMD)

#18

Komodo (KMD) is a decentralized, open-source cryptocurrency. It was launched in September 2016 and has evolved from BitcoinDark (BTCD) and is developed by the same developer (“jl777”). The underlying software was forked from Zcash. It runs on the SuperNET platform and supports fungible, private, anonymous, and transparent transactions, which are then made ultra-secure using Bitcoin’s blockchain via a Delayed Proof of Work (dPoW) protocol.


Komodo (KMD) Pros | 10

Komodo holders receive 5% annual percentage rate (APR) revenue

Agree | 7
Disagree | 0
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Komodo (KMD) is a cryptocurrency project that focuses on providing anonymity through zero knowledge proofs and security through a novel Delayed Proof of Work (dPoW) protocol.

Agree | 6
Disagree | 0
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Komodo was forked from Zcash.

Agree | 5
Disagree | 0
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Assetchains are separate blockchains that can be created through the Komodo daemon to launch ICOs

Agree | 3
Disagree | 0
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Fiat pegged tokens are assetchains on the Komodo platform that are pegged to the value of local currencies around the world, tracking price fluctuations from the European Central Bank

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Disagree | 0
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Komodo (KMD) Cons | 7

marketing is not this team’s strong suit

Agree | 8
Disagree | 0
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Key figures: Unknown, team members use pseudonyms

Agree | 6
Disagree | 2
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the team is top heavy. If for some reason the project loses team members it will not be easy to replace that lost talent.

Agree | 3
Disagree | 0
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Lots of competition from many similar projects, such as Zcash, Pivx, Monero, Verge

Agree | 3
Disagree | 3
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Agama wallet seems not to be very reliable. Secure to save your money here?

Agree | 1
Disagree | 1
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