Komodo Twitter Banner (Q&A)

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The answer you are looking for might be on our SuperNET Support page. If it isn’t, you can submit it there. Alternatively you can join our Slack and ask away, there’s always someone with answers.

 

What is the exchange rate and market cap for Komodo based on the ICO?

Without any bonuses: 0.00012909 BTC/KMD or 7746.521995 KMD/BTC

 

What is the exchange rate for BTCD?

It is 50,42041779 KMD/BTCD

 

When did the swap begin? When will it end?

The swap began January 15th, 2017. It will last one full year, and thus end on January 15th, 2018

 

What is the ‘revenue asset’?

For BitcoinDark a certain revenue share was promised from the various projects that compose the overall SuperNET ecosystem. Those revenue shares won’t migrate to Komodo. Instead, the BTCD holders got an extra asset that will inherit those revenue streams.

The asset is entitled to these revenue streams:

  • 5% of InstantDEX profits
  • 5% of SuperNET profits
  • 5% of crypto777 profits

REVS has been distributed and it has its own blockchain and block explorer. You can check how many REVS you got by searching your KMD or BTCD address, depending on whatever you swapped before the snapshot or just held the BTCD coins in our local wallet.

 

What’s the future of BTCD?

Because jl777 is now focusing on Komodo development, the BTCD will have no developers left.

So we could say BTCD becomes Komodo, but technically the BTCD chain will remain intact.

Everyone is encouraged to swap to Komodo. Komodo is the BTCD 2.0!

 

Who are the developers for Komodo?

The technology behind Komodo was designed by the lead developer jl777. The development started few years ago, and now with the new funding the team has hired a bigger development team. You can see a full list of our team from SuperNET website or the Komodo homepage.

 

Who is the lead developer jl777?

Jl777 is the anonymous mind behind the SuperNET project, an extremely gifted C developer with financial experience and a clear vision for the future of crypto. His advises are often sought after from other crypto projects and he also follows closely the developments of the whole crypto space. He helps the promising projects by providing feedback and looks for ways to use the technology in his own projects.

 

What are the previous and current projects jl777 is involved in?

The first big project and ICO before Komodo was the SuperNET itself. That ICO began on Saturday 6th of September 2014 and all the other projects are related to it.

The first completed project for SuperNET was a multiwallet build on top of Nxt platform. This enabled anyone to deposit any supported coin through a service called ‘MultiGateway’, and then the coins will appear in the wallet as a Nxt token. Those tokens are backed by the real coin which are secured by a distributed solution.

A number of other projects are being developed on top of the SuperNET technology. Those projects are often started by a third parties, but jl777 is himself involved in two of those: InstantDEX and Pangea. Their development will speed up once the low level technology of SuperNET is ready.

In 2015 SuperNET roadmap had some changes and a major component was announced: Iguana. It can be thought as SuperNET’s low level technology which many other projects (including Komodo) will use.

During the ICO James gave detailed information about the status of his projects, see this, this, and this.

 

Why there is no real photos of the dev team on your website? The use of real pictures would boost your project’s credibility further.

We are aware of that. However because part of our team is anonymous – including our lead developer – we all decided to not use full names & photos.

Knowing the identity of the developers doesn’t guarantee success. What we believe to be important is the track record behind a name (real or pseudonym). In our case jl777 has over the years demonstrated his capability and determination to carry on with his projects and plans. The roadmap might have changed, but the overall long term goal has been the same. He has not abandoned his projects and has stayed responsible to his past investors.

Like previously explained, SuperNET has successfully developed a multiwallet and MultiGateway on top of the NXT platform. The NXT and SuperNET communities have used those service for 1-2 year and trust in its authenticity. Projects and cases like this should convince people about jl777’s credibility more than an official passport picture ever could.

On top of these the SuperNET has a lot of open source code behind it, that anyone can inspect. jl777 has already began the Komodo development process, and we encourage everyone to follow it and ask any questions that comes to mind!

 

Is this project open source? From where can I find the code?

Iguana Core – github.com/jl777/SuperNET

Komodo – github.com/jl777/komodo

EasyDEX GUI – github.com/SuperNETorg/EasyDEX-GUI

Iguana GUI – github.com/SuperNETorg/iguana