FUD me away from KMD, in my opinion it's going to be the next big project entering the top 20 soon. Right now a perfect storm is brewing, there is no competitor that's close to doing what KMD does RIGHT NOW. With the SEC coming down on both ICO's and regulation for exchanges; this is the perfect environment for a project like Komodo to prosper. 2018 is going to be the year of DEX's, and Komodo Project is winning....point me to any competitor that is close to achieving what Komodo does (You can't).
BarterDex (Rebrand to AtomicDEX in a few months)
> First Decentralized atomic swap exchange > First Decentralized etomic swap exchange (ETH + ERC-20 tokens w/ BTC...etc) > First Decentralized ICO platform (dICO's) > Lightweight SVP atomic swaps
> Just partnered with Bitpanda R&D project (twitter.com/PantosIO) > Currently electing Notary nodes (expect a significant pump in price because of it). > 100+ Currencies and counting, 450+ daily atomic swaps > Constantly delivering on their roadmap. > Website being relaunched today. > Marketing kicking into fifth gear.
Komodo:
> Wider decentralization through dPoW than BTC > 5% APR interest on wallet holdings. > Acts as a Asset / Notarization chain > ZCash code fork with ZK-snarks
> Pegged fiat pairs > Busiest Crypto project on Github
Anyways, don't say I didn't warn you guys. 15$-20$ by June, just screenshot this, i'll be around.
>> 8198350 >> 8201123
Sebastian Kelly
KMD is ahead but REN has more room to grow
Adrian Scott
In my opinion all DEX's will be performing well this year. Seeing REN as a new project that was not on my radar before I have no doubts that in short term it may exceed KMD's growth. But the largest market share in the end will belong to the first mover and the DEX spearheading all the innovation (Komodo's DEX).
Joshua Rodriguez
Sage and I am out. Gotta catch the bus to wage-cuckistan.
Check out their R&D partner project if you are not yet convinced of this diamond in the rough
The problem with all these DEXes (BarterDex, WAVES etc) is that they have a VERY low volume, and that, in turn, happens because they don't add the latest most hyped coins. Whenever some new facny token comes out, or shit like Raiblocks or Turtlecoin that people instantly jump on, you want to add it to your platform so that all the traders flock to you to FOMO in.
But they never do.
Chase Moore
>Not going to make it
Landon Russell
thx user but it spretty much worthless anyway right now
Samuel Ward
Only a matter of time, OasisDEX offers some market making and arbitrage scripts which provide decent liquidity on ETH & DAI pairs for MakerDAO. BarterDEX offers liquidity provider implementation, which is buggy at best but gets the point. Either way, DEX devs probably understand this bottleneck and somehow will find a way to solve this problem.
Jonathan Cruz
Congrats on using Veeky Forums the right way. I'm a memeliner and I really don't care that much about what this does, but top 50 is already pretty high, a 3x from this point needs to beat the ATH. If it goes back to 20-25k I'll look into it again, but at this price I have to pass. What I mean is that it has already mooned and for the most part everything seems already priced in.
Thomas Rodriguez
It's a dex that does nothing for the price of komodo. Whats going to drive the price up? Around 4 months ago, they were supposed to have their first decentralized ico, monaize.. Still waiting on that one. Anonymous devs, with jl777 known for quitting projects once he gets bored. The other icos for komodo are a joke. Their brand marketing strategy is to make a subreddit called komodotrader where they make memes. It's cringy. They did a swap with bitcoin dark so expect more bags to be dropped. Their 5 point Friday bulletins are random you tubers who shouted them out some time in January.... I bought in at 2.50, believed still when it became 10, and now I'm still holding.
Angel Hernandez
What is the point of these decentralised exchanges when you got Binance which seems to get stronger and stronger with every bad press it get.
Brayden Hernandez
Look at the fractals, this thing spearheads to ath's when it pumps. It's been forming s massive bull flag on the daily.
Well Monaize still seems to be a work in progress, Utrum recently launched and Blocnet just announced a dICO. So people are building with and on Komodo. It is not much different than the rest of the ICO landscape. As for KMD, since Komodo attempts to be a platform with smart contracts; it is nothing more than a utility token, just as what ETH is for Ethereum. Providing utility for a Decentralized Exchange & ICO's, atomic swaps, APR interest (Staking), ZK-Snarks, Notarization and Asset chain as the defining features. If you ask me it is a very interesting take on running a platform.And If the dICO's keep coming, the exchange maintains a steady increase in volume; then growth is inevitable.
Regulation, hacks and being in charge of your own money. Not everyone is allowed on every exchange. Some regions are restricted. Some coins maybe be delisted or some ICO's not accepted due to regulatory issues on centralized exchanges. So far every year there have been exchange hacks, bugs, downtime and whatnot By trading through a DEX you make sure that your funds will always remain yours, even if they are being traded. Considering it is a DEX, you will also not see any downtime.
> Their brand marketing strategy is to make a subreddit called komodotrader
Got to agree that komodotrader is the worst coin themed trading subreddit out there. But it has nothing to do with their brand strategy if you ask me. From the shitty webcast in their band tshirts they have come a long way with marketing. It is not perfect, but a whole lot better than other platforms floating arround. I guess we'll see, I think Komodo has a great chance.
