Quote from: polycryptoblog on January 07, 2017, 06:12:16 AM

Quote from: Kevinde on January 07, 2017, 05:58:49 AM

What about KMD? I can not see it anywhere on the exchange? How can I buy it?
Is this coin used for POS or POW? I'm waiting for this answer. Thank you so much.

KMD has not been distributed yet, so it is not on exchange. Currently final tests are being done on the ICO site for the BTCD swap.

Komodo is a proof-of-work coin using Equihash algorithm. However built into Komodo is a 5% APR mechanism based on unspent tx outputs. What this means is that from the time the coins enter your wallet they will be accruing interest up to 5% a year. To claim this interest payment, you have to send a transaction out. This transaction can be to YOUR OWN ADDRESS.
You can claim this interest multiple times throughout the year and obtain a compounding effect.

To get into KMD now since the ICO is over you can buy BTCD to swap for KMD at a rate of approximately 1BTCD ~ 50.44 KMD. This is an amazing bargain considering the price of BTCD, however order books are thin, so large purchases of BTCD may drive the price up significantly.

BTCD swap is estimated to happen in a week or so

Thank you for your comment. it's very easy to understand this coin. I will join this project .
May I buy some BTCD coins on the exchange and send them to my private wallet for swap?

Kevinde

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