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Komodo (KMD)

Market Cap

$115,203,169 USD

Volume (24h)

$705,261 USD

4.3
SAFETY

ranking factors

  • Markets

    How many exchanges are there to trade this coin?

    Komodo Markets Rank: 5/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Komodo Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Komodo Market Cap Rank: 97/100

  • 24h Change

    Is the price moving up or down?

    Komodo 24h Change Rank: 49/100

  • Social Following

    How many users are following this coin?

    Komodo Social Following Rank: 95/100

  • Google Trends

    How many users are searching for the coin?

    Komodo Google Trends Rank: 24/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Komodo Twitter Citation Rank: 48/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Komodo User Voting Rank: 95/100

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.

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current price
$1.06
Potential Profit

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.

+429.2%
Potential Price

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.

$5.59
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

70/877
by Safety
378/877
by Profit
historical data

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.

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Is it safe to invest in KMD now?

This is another rare coin that actually has a working product already. While many ICOs seem to be pipe dreams, Komodo is hard at work and people are already starting to use it to launch their own tokens. If you choose to invest in KMD this gives your own tokens value, because people will need to purchase them to participate in the platform. Utrum and Blocnation are looking to be the first decentralized ICOs on the platform, and others won't be long behind them.

The ability to easily crowdfund a token will be very valuable for many in the future who have a vision but are lacking in technical skills. It also makes sense to have your assets secured by a larger network to protect yourself while still allowing you the freedom to develop your own chain as you see fit. Having your token instantly listed on a popular DEX is the icing on the cake.

Did you know it can cost thousands of dollars for a small coin to get listed on an exchange? This fee often comes out of pocket from the developers or taken from their marketing funds. It's also very difficult to convince an exchange to list you. This often leaves new tokens and coins banished to less than desirable exchanges with low volume and questionable management.

The barter DEX seeks to be the equalizer that will give a more level launchpad to ICOs. These coins will also be free to atomic swap with each other so the platform's value becomes greater the more assets that are launched there. It's also permissionless, and government entities will find it hard to regulate ICOs launched through this decentralized platform.

KMD is not a new crypto either. It's been a long time coming, and they've slowly grown a loyal fanbase on various social media platforms that are constantly helping push them into the spotlight. Their team takes the time to keep their fans updates on important platforms like Bitcointalk as well which is good for investor relations, and their reputation.

While many coins are dependent on outside factors like centralized exchanges bogged down by regulation, KMD is building their own little world. A totally free world where anyone can launch, fund and trade their assets.

This provides a lot of freedom to space where people are desperately afraid of the clenching fists of world governments, and I'm excited to see what they have to offer. Once their DEX is complete, I can see Komodo becoming a real player in the crypto space, and this is looking to be an excellent time to buy in to reap those gains before they really move.

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Richie 5/1/2018

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.