Komodo platform will launch ICO

Latest Komodo news said, the Komodo platform is a cryptocurrency project that focuses on providing anonymity through zero-knowledge proof and security through the new delayed work proof (dPoW) protocol, and has entered into a strategic partnership agreement with ValueNet Capital, a Beijing-based venture capital fund.

Komodo platform will launch the world's first decentralized ICO with the help of ValueNet Capital.

The Komodo platform is branched from Zcash by the SuperNET team, providing complete independence of the blockchain, including decentralized switching, decentralized ICO, and atomic switching. However, the agreement with ValueNet Capital is focused on the decentralized initial coin product (dICO).

The increase in global regulatory pressure is creating demand for fully decentralized solutions. Komodo platform hopes to provide. Its technology allows entrepreneurs and business owners to launch completely independent blockchains on the Komodo platform. They can then sell the blockchain KMD coins to the public through dICO.

ValueNet will provide risk assessment and strategic consulting, while the Komodo platform ensures that all decentralized ICOs are safely and successfully launched.

Ben Fairbank, General Manager of Komodo Platform, commented: ValueNet Capital is a partner of Komodo. It has invested heavily in some of the top blockchain projects and has one of the most enthusiastic teams, not only in Asia but also in the entire blockchain industry.

‘It’s an impeccable record in identifying top-level projects that make them stand out. We believe this partnership is good for both projects. We look forward to the opportunity to work with ValueNet Capital to expand our presence in Asia.’

With the Komodo platform ready to launch‘the world's first decentralized ICO’, BlocNATION - a provider of cashless payment systems for festivals, entertainment venues and other major events in Southeast Asia, will prove useful in the short term.

The current Komodo price is at $1.36, rose 6.07%. The 24h volume of Komodo exchange with BTC is still at the top.

 

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