Difference between revisions of "Decentralized Initial Coin Offerings (dICOs)"

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Latest revision as of 08:50, 23 January 2022

"As part of its BarterDEX feature, Komodo also supports decentralized initial coin offerings (dICOs) that should leverage Komodo's privacy, security, and exchange features to remove some of the intrinsic and extrinsic complications of centralized initial coin offerings. When launching a dICO, the creator(s) build a new asset chain to support their coin, which is still compatible with the Komodo main chain."

  • From this other post by Komodo (8-3-2018):

"A decentralized initial coin offering (dICO) is a method of crowdfunding a blockchain project via atomic swap technology, which eliminates the need for escrow services, proxy tokens, and any other third-parties like centralized exchanges. This method of raising funds is faster, less costly, and much more secure than traditional ICO crowdfunds."

"dICO, аѕ іt lооkѕ frоm іtѕ nаmе itself, іѕ а decentralized version оf ICOs оr token sale powered bу Komodo platform.  The idea іѕ tо mаkе the ICO process safer, mоrе secure, and free оf vulnerabilities. Thе dICO model іѕ рrоvіdеd through the BarterDex and atomic swap technologies which achieve complete anonymity and decentralized distribution оf coins. Komodo аlѕо саn bе considered аѕ mоrе user-friendly оr somewhat developer friendly due tо the fact that іt іѕ language agnostic."