So we need to buy BTCD to join this ICO?
You can invest with both BTC and BTCD.
Right now you are better off investing with BTCD as the price is below 0.00425 (the first day BTC price with bonus applied).
Likewise BTCD also comes with other benefits like an average bonus boost and more.
The OP says the BTCD swap will be dealt with after the ICO, but gives no details. How will the process work?
Will the BTCD swappers get their new coins at exactly the same time the bitcoin investors get theirs?
From what I gather If I invest with BTCD, I have to do so after the ICO date correct? You will miss out on the 25% bonus.
So I've been planning on just investing BTC on the first day to get a better exchange for my money.
Am I wrong/mislead?
Thanks!
This steemist post has a lot of answers regarding BTCD & the Komodo ICO. After that post we also came up with the BTCD bonus to counter the dilution against the BTC bonus system. That is explained in the second comment of this thread.
You can buy BTCD at any time from the open markets, but the actual BTCD <-> KMD swap will happen after ICO. After we go live everyone will have an equal chance to get their KMD coins, whatever they invested with BTCD or BTC.
What people aren't realising that by buying BTCD you will also be able to trade straight away after the ICO in what is effectively a token linked to the value of KMD. That being on Poloniex as-well.
I've made a more in-depth traders post about this but I'm not posting it here.