Komodo (KMD) Analysis
Market Cap
$135,960,353 USD
Volume (24h)
$6,324,957 USD
Top cryptocurrency services
Komodo investment analysis
KMD is yet another solution to build platforms, which you might be tired of hearing about in the crypto space, but they do have a few cool tricks up their sleeve if you're interested in acquiring a Komodo investment position.
While there are lots of players looking to give people the power to build their own blockchains this token also has two other pretty cool features. In addition to allowing anyone to build their own chain this offering doubles as a crowdfunding and launch platform so you can easily crowdfund your ICO with it, and in addition they are also launching the first decentralized exchange with integrated atomic swaps.
This gives you the ability to have your new ICO token be instantly traded in their DEX. This is a valuable resource for new startups as it's often very costly and time-consuming to be added to an exchange.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
How to buy Komodo?
You can buy Komodo on most large-scale exchanges, and they also seem to be trading against several pairs if you prefer to not purchase Bitcoin for your swaps.
When storing your KMD coins you have the option of using their desktop wallet offerings or a paper wallet if you're worried about the security of your assets. Keep in mind though that Komodo pays out 5% interest, which is much harder to collect in a paper wallet. If you're interested in collecting your "dividend" download a compatible desktop wallet for Windows, Linux or Mac.
With new coins being brought into the market, it makes it hard for one to really know which coin is worth even a nickel. Some of these currencies are copy cats of more successful ones. while some have identified certain niches and use cases to build on. However, before understanding komodo you need know about z cash and it's protocol system, and delay proof of work. These delay proof increases the security of the coin which makes it one of its kind. This is actually a good spin in rolling the carpet out for mainstream usage of the blockchain.