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The Komodo blockchain platform uses Komodo’s open-source cryptocurrency for doing transparent, anonymous, private, and fungible transactions. They are then made ultra-secure using Bitcoin’s blockchain via a Delayed Proof of Work (dPoW) protocol.
Komodo presents its decentralized ICO platform (dICO). This technology guarantees coin developers to launch a transparent coin offering while maintaining investors’ privacy through Komodo’s built-in privacy features. For the first time in crypto history, it’s possible to issue and distribute native cryptocurrencies without a trusted third party.
A dICO doesn’t differentiate itself from other ICOs by decentralization only, it also needs Komodo Platform’s Jumblr technology to guarantee complete privacy for all ICO parties. Furthermore, dICOs on Komodo Platform don’t require high fees as each asset chain is an independent blockchain secured by dPoW, enabling all dICO transaction fees to be paid with the dICO coin.