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Upbit KMD/KRW $743,645 27%
Bittrex KMD/BTC $585,862 21%
Platform: Ethereum(ETH), NEO(NEO), Ardor(ARDR)
Platform: There are already existing platforms that Komodo will be competing with. The two most notable would be Ethereum and NEO. Ardor is also a platform with a similar structure to Komodo that is currently more comparable with Komodo based on their market capitalisation.
To carve out its niche within this technological space, it is going to have to stand out from the rest. Its dICO, privacy features, and asset chain structure gives it an edge over Ethereum in its current state, theoretically fixing the current scaling issue and offering businesses a way to keep sensitive information secure. If Komodo is able to establish themselves as an alternative, then it is likely to grow alongside Ethereum in the future. However, Komodo will be competing more closely with NEO, which does not currently suffer the scaling issues of Ethereum. NEO is also currently positioning itself as a solid and serious platform for business, compared with Ethereum’s more open ecosystem.
Komodo is trying to create a better, faster and cheaper alternative.
INITIAL COIN OFFERING (ICO)
The remaining 100 million coins are still being mined via the proof-of-work algorithm.
The 200 million hard cap is expected to be reached in approximately 14 years. Out of this, Komodo holders who have addresses starting with ‘R’ will receive a 5% annual percentage rate (APR) bonus on their Komodo holdings until the 200 million supply limit is reached.
Creators / Founders
Lead Developer (Founder)
JL777 is an anonymous developer and founder of Komodo. Prior to working on Komodo, James worked on a variety of projects, including JL777Hodl, MGW, NXTventure, Iguana, crypto77, and InstantDEX. James has been fairly active online, and much of his coding and projects are available for public viewing on his github.
Core Development Team
General Manager (CTO)
CA333 is in charge of security on the Komodo team. His work is mostly working with security tests, network tests, and troubleshooting with the team’s developers. He also does marketing work, such as by visiting expos and conferences. Prior to working with Komodo, CA333 was the IT Project Leader and a Software Developer for the Austrian Government.
Fadedreamz (Mohammed Nazmul Alam)
Fadedreamz has more than five years of experience working with a Fortune 500 company (Samsung), where his task was to write Linux device drivers, Windows device drivers, portable frameworks (Android, Linux, Windows, Raspberry Pi, iOS), and to facilitate end-to-end solutions involving customized hardware. He has a BSc in computer science (Khulna University), and is currently working on finishing an MSc in computer science (Concordia University).
Mihail “Kolo” Fedorov
Sysadmin / IT Expert
Mihail is a security specialist, systems administrator, developer operations engineer, and PHP developer. Prior to working on the Komodo project, Mihail was the Lead Developer and Security Engineer for Dengi Online, and is currently the Chief Technology Officer for Creative Telematics & Trade.
Project Manager / Front-end Developer
Satinder works fulltime on the SuperNET/Komodo project, and is in charge of developing the GUI implication of EasyDEX (now unused as it is the predecessor of the BarterDEX). EasyDEX is the Komodo decentralized exchange platform. Additionally, Satinder has been active with Komodo at conferences, and runs a YouTube channel in support of the project.
Additional members on the Komodo Developer team include Rick, Decker, Pbca26, and Srg. The Komodo team is also supported by a number of administrative and support team members, in addition to ambassadors, advisors, and the marketing team.
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Reference & Links