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Its site highlights a decentralized platform for ICO (Initial Coin Offering, fundraising during which the projects of new cryptos are financed). This platform would allow for transparent and guaranteed ICOs for investors. The ICOs were the crypto buzz of the 2017 spring, following record wealth realized by some investors.
This trend has of course generated a lot of disappointing ICOs because based on immature, empty projects, when it was not just scams. The United States has also warned their citizens and are trying to regulate the ICO. China has even banned them for its population.
Such a platform would be welcome but the Komodo project seems to be only in its beginnings with only one planned ICO and no announced date ...
Another weak point of Komodo is perceptible in his presentation on the reference forum Bitcointalk : full of cliches, promises and finally very empty. Here is an excerpt from the project's roadmap: "Step 1 we solve all the major problems encountered by cryptos today and creates a money ready for mainstream adoption. Our goal : being recognized as industry leaders and our technology forms the base for the overall blockchain infrastructure "... Wouldn't it look like it was written by a ten-year-old child?
It is the team behind the BitcoinDark (BTCD) that develops Komodo. The BTCD tokens disappear to be changed to KMD.