Decentralized Crypto Crowdsourcing: What You Need to Know About Kommunitas
Tier-less Launchpad Expanding to Arbitrum
GM, this is your Daily Bolt briefing.
In today’s edition, we're providing you with another abridged breakdown report. This latest breakdown briefing includes some of the most important information and considerations you need to know about Kommunitas, a tier-less Web3 launchpad which recently expanded to Arbitrum.
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Over and out.
Overview
Kommunitas is a decentralized crowdfunding platform for Web3 projects built on Polygon (MATIC) , now bridging to arbitrum and supporting all EVM-Compatible chains as well.
Contrary to other launchpads, there is no tier system and every KOM that is staked is counted towards a user’s allocation. This initiative supports the vision of a community-driven ecosystem where everyone gets a sale allocation regardless of how much KOM they hold.
Kommunitas not only offers access to presale and crowdfunding events, but it also supports projects with marketing, advisory, community management, networking with VCs, SEO, and project development.
Tier-less Launchpad
Investors in the Kommunitas launchpad get an allocation proportional to the amount of KOM tokens they stake.
Hence, there are no barriers to entry and everyone is guaranteed to get an allocation relative to their investment and crowdfunding contribution.
This also means that there are no requirements that force users to hold a minimum amount of tokens to participate in a public sale. This makes the launchpad more inclusive and accessible for a larger pool of investors, ultimately resulting in a more fair and democratic process for all.
Even if users do not own any KOM tokens, they will still be able to participate in the Community Round (4th Round) of every IKO (Initial KOMmunity Offering) – that’s how Kommunitas coined their unique IDO system.
The more KOM is staked, the greater the allocation.
Revenue sharing
Revenue sharing is only accessible to private partners.
30% of the fees collected from Kommunitas FCFS Rounds (first-come first-serve) and Community Rounds is pooled into the Private Partners Treasury Wallet in the form of USDC.
These funds are then distributed at the end of each quarter amongst Kommunitas private partners, who are investors with more than 500,000 KOM staked.
Roadmap
Q2 2023:
Develop LP Farming.
Support Arbitrum Ecosystem.
Q3 2023:
Develop a decentralized lending platform.
Develop KOM Web-Apps.
Q4 2023:
Establish KOM Labs.
Build the KOM DAO.
Economics & Fee Breakdown
Fee Breakdown
50% penalty for premature unstaking. This amount of tokens is burnt.
For public sales, there is a 3% Non-Refundable Fee on the FCFS stage.
There is a 5% Non-Refundable Fee for Community Rounds in public sales.
Tokens
KOM is the native token of the protocol, while KOMV (KOM Voting Token) is the token used for governance.
The current total supply is 2 billion. The total supply in the past was set at 40 billion, but it was reduced from 40 to 2 billion by burning tokens in Kommunitas’ DxLock contract when they were vested at the end of each month.
Kommunitas also provides updates on the burning on their monthly report.The team vesting period starts on April 20 2023, where 15% will be claimable from epoch 1 with the rest of the tokens being claimable on a linear vesting schedule for the remaining period. This can be checked at the llamapay’s vesting contract.
The KOM private sale took place between June 1st and June 15th in 2021, where 247,294,230 KOM were sold.
The KOM public sale took place in 3 rounds.
The first round started on June 17th 2021 and finished on June 30th 2021. It took place in the IndoEx exchange. 34,704,854 KOM tokens were sold
The second round started on July 1st 2021 and finished on July 14th 2021. It took place in the IndoEx and P2PB2B exchanges. 14,776,816 KOM tokens were sold.
The third round was held in the P2PB2B exchange and went from July 15th to July 24th 2021. 10,000,000 KOM tokens were sold.
An extra round of the public sale was held with Dex-Trade between July 27th and July 30th 2021, where 5,000,000 KOM were sold.
Vesting and unlocks are detailed as follow:
Public sale: Vested fully
Liquidity Provider: Vested fully
R&D: September 1 2025
Foundation: September 1 2025
Staking Reward: September 1 2025
Charity: September 1 2025
Partnership: September 1 2025
Team: Vested fully
Advisor: Vested fully
Incubator Grant: September 1 2025
KOM is tradeable in the following exchanges:
Business Model & Revenue Streams
All non-refundable fees from each IKO are collected after each sale and split into 3 different wallets:
30% goes to the Marketing Wallet.
40% goes to the Operational Wallet.
30% goes to the Private Partners Treasury Wallet:
Distributed at the end of each quarter
Distributed in USD on Polygon