Nov 6, 2017 - The Monaize dICO will be launched on Friday Nov. 10 at 12 p.m. During the dICO Bitcoin (BTC) or Komodo Coin (KMD) tokens can be swapped for Monaize (MNZ) tokens. A special dICO wallet has been developed by Komodo for the sale. Coin exchanges will happen across blockchains through.

United Nations Expert Mechanism on the Rights of Indigenous Peoples Fifth Session, 9-13 July 2012 Joint submission by Grand Council of the Crees (Eeyou Istchee), Assembly of First Nations, Amnesty International, Canadian Friends Service Committee (Quakers), Union of British Columbia Indian Chiefs, Native Women’s Association of Canada, Treaty Four First Nations, Haudenosaunee of Kanehsatake, Indigenous World Association, First Peoples Human Rights Coalition, KAIROS: Canadian Ecumenical Justice Initiatives.

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Komodo is Money We are developing an open financial infrastructure that will form a base for a digital economy where KOMODO will play a central role as currency. Upcoming DigiByte DGB Ico. Komodo is Fuel KMD coins are the fuel for our platform. The developed decentralized applications and Komodo services may require KOMODO. As such, the coins will enjoy growing demand.

Komodo is Gateway KOMODO is also a gateway into other financial assets, such as national KOMODO currencies. Also, other coins will be trading against KMD or many other coins in a new decentralized exchange. Community Guidelines Keep posts in relation to Komodo Posts should be useful and spark discussion Keep discussions fair and respectful No misleading titles If your post can be categorized, use brackets to indicate it in the beginning of your title.

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Do not broadcast personal information, including your own personal trades. • • • • Wallets ▾ • • • • • • Social Media ▾ • • •. The most important part of a decentralized crypto coin/asset's lifecycle, the ICO, is centralized. Being centralized it is subject to the whims of goverment decrees about what can and cannot be ICO'ed. As long as you pay the required toll fees, you will be granted a license to sell coins/assets, unless it is deemed that it wont be approved for whatever reason. As far as how long this process takes, well, totally in the hands of whatever government agency is dealing with it.

People should have the right to barter what they own for whatever they want (assuming it is not a universally illegal item). People should also have a right to privacy, or at least a right to not self-incriminate. Any government is free to proclaim any specific crypto to be totally illegal for its own citizens. However, it is not right that any single government can dictate to the rest of the world what is and isnt illegal. Assuming we can agree on this, we can create a totally decentralized ICO, that also happens to make it exponentially more difficult for whales to gobble up the entire amount for themselves. A fully decentralized ICO as compared to a centralized ICO would be like torrents versus napster. As much as a government would like to be able to control (dictate) what people can do with their own money, they wont be able to.

There are two sides to an ICO, the offering side and the purchasing side. We will assume that the purchaser is an adult who is capable of thinking for themselves and does not need a nanny state to decide for them what they are able to do with their own assets. Furthermore, invoking the thousands of years old right to barter, it could well be that lawyers can find grounds in common law to supercede the more recent regulations. After all, if you own something shouldnt you be able to barter it for something else?

If you are prevented from doing this, in effect, you have lost ownership and if you didnt consent to this, it seems a lot like a theft has taken place. In case that your rights are being infringed, it should be within your rights to mitigate damages using reasonable means. Like using the Komodo Platform. The first step is to create funds that are private and only you know how to access. Since you are the only one that knows this, only you can incriminate yourself (if it is indeed against your local regulations for obtaining an ICO). We will assume that you prefer not to self-incriminate nor do you feel like giving up your privacy.

What you do with your private funds privately bartering for an ICO, can only hurt yourself in case it is not a good ICO. However, we already covered the part where you are an adult and will do your homework. If the ICO goes bad, you have only yourself to blame.

This is crypto. By using JUMBLR, you can create private KMD to use as you deem. Now, let us envision a barterDEX orderbook full of the ICO's utxos. You can use barterDEX to barter your private KMD utxos for the ICO's. It is a direct swap without anybody in between.

There can be no money transmitter issues if it is your private KMD being swapped directly. Now you converted your private KMD into a private amount of the ICO in a totally private address. Nobody knows this happened except you. This is true financial freedom.

Let us look on the issuer's side. If to use the Komodo Platform's assetchains, it turns out that technically it isnt an ICO at all, as all the coins are issued on the first mined block. This is done privately by the issuer. If running a blockchain and issuing coins to yourself is not legal, well, it seems you are in a totalitarian state and must make plans to relocate. Now you have all the coins for the ICO, you then split it up into a large number of small utxos and distribute it across dozens (or hundreds) of servers around the world. It is hard to fathom any way that this process violates any laws of any country that respects human rights. In this case, the right to use computers and the internet.

Now we have thousands of utxos of a small enough size to be below any reasonable KYC requirement. Of course, the issuer should have legal representation and a friendly jurisdiction (like Singapore or Isle of Mann) to be the domicile for all the legal paperwork. It might be that an IP based geo-filtering for USA and China might need to be added to prevent citizens of those countries from violating their own laws. We might need all participants to self-certify they are not doing anything against their own local laws or at least indemnify the issuer against any damages. Now the issuer runs the barterDEX and sets prices for the utxos and as soon as this is done, the people can ordermatch and obtain part of the ICO. However, it is easy to notice that it is not a matter to make one giant whale sized order to obtain the entire amount offered.

The global distribution and usage of the barterDEX process limits the number of utxos any single person can obtain at a time. Given a large demand, all diligent participants are expected to acquire a proportional amount to their bids. Another advantage to the decentralized ICO is that there is an immediate trading market, in fact, it was via this secondary trading market that the ICO was distributed. So all decentralized ICOs will start trading right away. The Komodo Plaform utilizes is existing technology base of JUMBLR and barterDEX to create a game changing method for conducting a fully decentralized ICO.

Monaize will be the first of many such decentralized ICOs. Hshare HSR Mining Worth It. Is currently ongoing elusively on the NXT platform - fully decentralized, being run by guys with 4 years proven experience in blockchain.

They will be releasing a revolutionary new blockchain -Ardor with a parent/child structure in a couple of months. Everything they mention above, plus loads more like voting, messaging etc is already available in ardor(on test net, release in November) after 2 years of development. The above is almost a copy paste of the ardor whitepaper. If you want to talk about first mover, you're backing the wrong tech • • • • • •. Decentralized as you can get? One of the points that Komodo made was the DICO would mitigate the effect of whales, and if you remember the first week of Ignis ICO, a whale exploited the system through phasing transactions to scoop up 95%+ of available tokens at the best rate. Hardly seems decentralized.

Other ICO's have had similar occurences Additionally, simply having an ICO on blockchain does not make it decentralized, in fact if it is one only one blockchain especially when those chains lack anonymity features then I would argue that its fully centralized The US does not automatically view coins and tokens as securities, it is more about the conditions of the offering and what it entails. • • • • • • •. A whale exploited the system through phasing transactions He didn't exploit anything, he researched how the platform worked and used one of its features - phased transactions. Everyone could have done this, we are all just to stupid to see it. Scoop up 95%+ of available tokens This is incorrect, he got the first two of multiple offers within that first week - and while everyone could do the same, the devs still went and made it easier for everyone by updating the client so anyone could use a scheduled transaction with a single click.

2% of total, hardly a central authority Additionally, simply having an ICO on blockchain does not make it decentralized, in fact if it is one only one blockchain especially when those chains lack anonymity features then I would argue that its fully centralized Yes, I agree here with the first part. I was incorrect to say the IGNIS ICO was 'as decentralized as you can get' But there is anonymity on NXT, via shuffling, so not sure of the point there.

The first step is to create funds that are private and only you know how to access This however is the very definition of centalization, one single authority! The main point I am making about komodo not being first still stands.

What you are proposing above already exists on Ardor, where anyone can create a private funds/currencies. You also 'imagine' a DEX where you can use these coins to buy into another ICO, avoiding having to use fiat etc etc.

Again this is already on Ardor, a platform that is releasing before end of year, and that anyone can download the test version right now and see for themselves. • • • • • • •. Nxt's coin shuffler has never been heavily used. Also shuffling makes it only slightly harder to track the tx's, nowhere near what zkSNARK let alone zkSNARK+Jumblr can afford. MS currencies are tied directly to NXT's chain ( and soon Ignis' chain ). In KMD, these currencies would be their own blockchain.

This is a very important fundamental difference. If you remember some history of NXT and why jl777 and the rest of us, such as Sasha from Waves left. It was because of jeanluc and rikers centralized control. They decided to 10x the fees on NXT. This is the centralized control that is avoided in our system. Relying on one blockchain to do everything is centralized from our point of view.

Because when the devs decide to change the rules of the game, ( like NXT devs did ) people who built on top of the system, just have to bend over and take it. Regarding the whale (s), while one player got the first mover advantage, several others employed that same tactic.

The point being the offer wasnt truly open to everyone. Though if you want to hide behind technicalities.

And saying that the whale didnt exploit the system is like saying weev didnt exploit AT&T and that the off-by-one error is just part of the system. Please, if the process was made to work in a way that it wasnt intended, then it was exploited. Childchain!= Independent blockchain. Controllable Currency on Ignis/NXT!= Independent Blockchain Note: Your comment on create funds that are private and only you know how to access, I believe was taken out of context. Jl777 was referring to controlling your own funds on a chain. I dont think the following comment was relevant. • • • • • • •.

Its entirely relevant, if you control the funds, and you launch an ICO with those funds how is it not? Anyway, this back and forth serves no constructive purpose, I am only going on the OP and in fairness its quite poorly written - it doesn't portray what you are hoping to achieve in any practical terms, and the comparison to Ardor is unmistakable. If you say your platform is not like Ardor that then I will take you on your word. I genuinely hope your platform is a success, the more people like you guys showing a real desire to improve and innovate the better. The best of luck and thanks for taking the time to make some things a bit clearer. • • • • • • •. I believe the comment was from the perspective of the investor and not the ico issuer.

I wish you the best as well, I may be a bit harsh on the NXT team, but I do know they are good guys and that riker and jeanluc are great programmers, just our governance styles are very different. Regarding comparison to Ardor, I do see the similarity, however I will still maintain that splitting different projects that use the same tech base into different blockchains as opposed nesting them on one like childchain/mscurrencies, is fundamentally different. But I guess we will have to agree to disagree there. Best of luck to you.

• • • • • • •. Some of the most innovative companies to have existed started out as illegal businesses.

Regulation, whether it be from governments or from monoplys has a tendency to slow down innovation. Some entrepreneurs with big ideas won't have the possibility of going the traditional fund raising route due to a variety of factors from age to 'criminal history' (which may be do to an oppressive government and not of their actions). With an anonymous ICO they may be able to reach the funding they need. The team may have done a poor job at conveying their ideas today but the potential uses for what they are working on goes way are immense.

Decentralized fundraising has the potential to change global politics and create a society were regulations are based on public support instead of political bureaucracy. This has the potential to allow the global society controlled by the market and the humane collective to innovate very quickly and function more quickly.