Komodo Platform (KMD) Cryptocurrency Economic Model and General Information

What does it do?

Komodo is building an ecosystem that empowers developers and businesses with end-to-end blockchain solutions with no limits.

Key Features

Bitcoin-level security through dynamic checkpoint notarizations.

Komodo’s multichain architecture allows scalability for every project.

All blockchians in the Komodo ecosystem support atomic swaps and cross-chain smart contracts.

Continuous updates to the ecosystem.

General information

Company Name Komodo Platform Incorporation date 2014 Incorporation Address n/a Website https://komodoplatform.com/ Blog https://blog.komodoplatform.com/ Phone n/a

Economic details

Initial Funding & Distribution Ticker KMD Token Type Cryptocurrency Total Supply Sold 90 000 000 KMD Total Amount Raised 1 929 188 USD Price During the Crowdsale 0.3760 USD Hard Cap n/a Whitepaper https://komodoplatform.com/wp-content/uploads/2018/06/Komodo-Whitepaper-June-3.pdf Initial Token Distribution 90% Crowdsale

10% Komodo's development and Marketing Distribution of Funds raised n/a Crowdsale Date November 20, 2016 Sources: https://icobench.com/ico/komodo

https://bitcointalk.org/index.php?topic=1605144.0

Top 100 Holders Collectively Own 62.07% (69,247,237.69 Tokens) of KMD.

Source: https://dexstats.info/richlist.php?asset=KMD

This chart represents the supply if the maximum staking reward will be received each year.

Source: https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/71729215/What+is+the+5+Komodo+Stake+Reward

Social Media

Team

Title Name Linkedin CTO Kadan Stadelmann General Manager Ben Fairbank QA & Support Manager Saddam Hossain CMO Steve Lee n/a Founder & Core Developer James Lee n/a

Development

Total number of Commits 88060 Commits (39 Repositories)

Partners

ValueNet Capital – a venture capital fund that invests in cryptocurrency and blockchain projects.

Netcoins – a platform to buy/sell cryptocurrency.

Acre – a micro-investing platform for cryptocurrency.

Pungo (former Peer2.group) – a platform connecting blockchain to people and businesses.

Monaize – an e-banking platform.

Competitors

ZCash – a privacy-protecting, digital currency built on strong science.

Monero – a private cryptocurrency.

Ethereum – a decentralized platform that runs smart contracts and it allows developers to create their own decentralize application.

Stellar – an open source network used to facilitate cross-asset transfers of value.

Kyber Network – instant token to token swaps.

IDEX – a decentralized cryptocurrency exchange.

Potential market and clients

The growth in the adoption of KMD depends on the increase in interest of users and the growth of competitors which feature ICO platforms, private transactions or DEX.

Utility and economic dynamics