Kommunitas: The Platform Break Through Identification Limitations

May 23, 2023 - Around 6 mins mins to read

Several contemporary IDOs have rating and identification limitations, limiting users’ investing options. Kommunitas plans to break through this barrier. Without regard for rank or access hurdles, users may earn investment quotas proportionate to the amount of KOM staked. This implies that all KOM holders may participate in our Launchpad regardless of their investment limit.

Kommunitas: The Platform Break Through Identification Limitations

Let’s dive into the details of the project’s product design and economic model with Coincu and give another new choice for consumers who wish to play the game.

What is Kommunitas?

Kommunitas is a web3 crowdfunding environment that is decentralized. It may be labeled a “launcher” or an “IDO Platform,” but Kommunitas’ goal is to create an ecosystem rather than just a platform.

Kommunitas not only provides fundraising for any type of web3 project from various blockchains (Ethereum, BSC, Polygon, Solana, Avax, Fantom, and so on) but also other forms of support such as Marketing, Community Management, KOL and VC Connection, SEO, and even project development needs such as empowerment portal and staking platform.

Kommunitas has created and pioneered numerous fascinating innovations in the web3 sector since its start. Among these include Initial KOMmunity Offering/IKO (hierarchical, barrier-free, and decentralized IDO) and Social Interaction Burning (a method of rewarding the community by lowering the circulating quantity of tokens). Not only will investors get a return on investment in the Public Sale Token, but they will also have the opportunity to earn a Passive Revenue Share in the Stable Coin as well as the KOM Token by holding and staking KOM tokens.

Kommunitas, unlike other Launchpads, has no hierarchy, and each staked KOM counts toward a user’s allotment. This action furthers the concept of a community-driven environment in which sales allocations are open to everybody, regardless of how many KOMs they possess.

Kommunitas aspires to build and enhance products with the assistance of its project teams, while allowing the community to oversee publicity, marketing, and the first user base. The launchpad intends to increase fundraising and lower the single-chain restriction. As a result, its multichain architecture allows users to identify project financiers in the cryptocurrency community. With a single click, users may link several wallets from different blockchains. Users may also stake tokens straight from their Kommunitas wallet and earn prizes via its multichain pools.

Highlights

The Kommunitas platform’s purpose is to enable project teams to concentrate on project development and product development while the community handles marketing, publicity, and the first user base. In the cryptocurrency market, we are seeking a strong team with a distinctive and original vision.

Features

Launchpad

Investors in the Kommunitas Launchpad get paid out according to the number of KOM tokens they have invested. As a result, there is no entrance barrier, and everyone receives a payout depending on their investments and crowdfunding contributions.

This also implies that there is no necessity for users to retain a certain number of tokens in order to participate in the public auction. This makes Launchpad more inclusive and accessible to a broader investor base, resulting in a more equitable and democratic process for everybody.

Even if users do not own any KOM tokens, they will be allowed to participate in the community round (fourth round) of each IKO (Initial KOMmunity Offering) – this is how Kommunitas builds a one-of-a-kind IDO system.

Of course, the larger the quota, the more Money staked.

Tier-Less system

Users’ allotment is proportionate to the amount of KOM they stake, with no rankings or restrictions to access. This implies that regardless of their comfortable investment level, all KOM holders will be able to participate in the platform’s Launchpad, sparing them the worry of not having enough tokens to participate in the Public Sale. As a result, the more KOM tokens they bet, the more allocations they get.

Revenue sharing

This functionality is only available to Private Partners. The Private Partner Treasury Wallet will receive 30% of the fees received from FCFS and the Kommunitas Community Round. At the conclusion of each quarter, the profits (in USDC) will be divided among the project’s Private Partners (Wallets having more than 500k KOM invested).

Priority project criteria

Kommunitas strives to provide high-quality projects that fulfill a variety of standards. They include but are not limited to, a 1:1 liquidity lockout based on their IMC and the token’s price not going below the IKO price during the lockout period.

KOM token

Key Metrics

Token name: Kommunitas
Ticker: KOM
Type: Utility Token
Platform: Polygon
Contract: 0xC004e2318722EA2b15499D6375905d75Ee5390B8
Maximum total supply: 2,000,000,000 KOM
Total supply: 2,000,000,000 KOM
Deflation: 95%
Currently issued: 1,298,529,523 KOM
Listing: August 2021

Allocation

Team: 5%
Advisory: 5%
Incubator Grand: 8%
Private sale round: 1%
Public sale round: 15%
Liquidity: 15%
Airdrop & Bounty: 1%
R&D: 10%
Foundation: 10%
Staking reward: 15%
Marketing: 5%
Charity: 5%
Partnership: 5%

Release schedule

KOM token will be allocated 100% within 62 months, allocation details as shown below:

Use cases

According to the whitepaper, the KOM token, the native token, functions as equity for the organization by providing value to consumers. The token offers users various benefits, including:

Community-driven governance: KOM allows its users to participate in the governance system. Holders of 3,000 or more KOM tokens may vote on several choices.
Staking and holding incentives: By storing the token in wallets and staking it on the network, KOM holders may receive rewards.
Allocation of new projects: By owning KOM, holders may become a part of the company’s launchpad. Kommunitas introduces a dynamic method that adapts to market conditions while still providing a fair pool allocation for KOM token holders.
Improved safety and sophisticated security verifications and audits: To assist in safeguarding and preserve user finances and experiences, the firm has developed an upgraded security check.
Early adopters: Buying the tokens at an early stage might increase the advantages available to holders. Apart from these benefits, Kommunitas is pioneering a novel method by using a tier-less system that assigns value to each token owned by holders. As a result, the network intends to make everyone eligible for guaranteed token allocation, which helps to incentivize KOM tokens.

Roadmap

The roadmap in 2023 is updated as follows:

Develop Earn Page
Develop Staking as a Service
Develop LP Farming
Support Arbitrum Ecosystem
Develop KOM Web-Apps
Build KOM KOM

Team

The Kommunitas development team has published on the platform’s site:

Investors & Partners

Conclusion

Kommunitas has a tierless approach that allows anybody to participate in the funding of a new project, while many launchpad projects use a tier system on their platform.

It is a decentralized, tier-free Launchpad that is ideal for multi-chain applications. Kommunitas welcomes projects from several blockchains, including Polygon, BSC, and Ethereum.

Kommunitas has upended the concept of tiers by enabling anybody, regardless of token quantity, to be eligible for a guaranteed allotment. This is a project that deserves to be followed in the future.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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