Quote from: Titomanereal on November 26, 2016, 12:07:17 PM

Quote from: KomodoPlatform on November 26, 2016, 09:47:06 AM

Quote from: Wapinter on November 25, 2016, 09:25:12 PM

Quote from: KomodoPlatform on November 25, 2016, 08:47:49 PM

Quote from: Titomanereal on November 25, 2016, 07:51:03 PM

Before we start we value KMD at 0 $.
Good image for investors before the delivery of KMD valued at 0 $.
At a minimum, these KMDs should be valued at the price of ICO. 100% subsidy does not mean $ 500 spending.

1btc = 10000 KMD ICO price use this for elections too

Thanks

We simply guarantee a subsidy for the notary node, so that they stay in operation. Without a guaranteed income we could lose notary nodes if the KMD block reward would not be enough to cover their expenses. $500 is enough to cover all the expenses.

We discussed this in Slack, see: http://sprnt.slackarchive.io/elections/

What role will our tokens play in this node?I mean what is the gain for a small token holder like me?

I'm a bit unsure what you are asking, but

You can vote with your coins and get the good/stable notary node operators elected. You won't directly gain anything from the voting process itself.

In the example that you put:
https://bitcointalk.org/index.php?topic=1605144.msg16985638#msg16985638

Mike has more votes but the elected is Tom.
How does that explain?

Because with that same format
for example: Only 10% of subsidy remains after 8 nodes.
9th 100 votes 60% subsidy
10th 90 votes 78% subsidy
11th 81 votes 90% subsidy
12th 70 votes 15% subsidy
13th 1 votes 0-10% subsidy

13th node is elected. I think votes are not worth anything.

Votes do matter. In some cases a notary node might cost $300 - 500 / month, and those could not be set up without winning a spot with 80-100 % subsidy.

Also some nodes won't get elected even if they need only 0 % subsidy, because we have a maximum number of 16 notary nodes per region. Right now there are 20 notary node participants in EU region and 21 notary node participants in NA region. If you don't get enough votes, you won't get elected.

In these first elections when Komodo is quite unknown and there is a lot of uncertainty the elections are not that big of a thing. Majority of the participants will get elected. However, if the KMD price rises above $0.25 the situation will be very different. Thus there might be a lot of competition in the future elections, and a lot more campaigning done by the notary node candidates.