Kommunitas launchpad is a DeFi crowdfunding ecosystem that supports and facilitates emerging Web 3.0 projects. Kommunitas is really community-oriented IDO launchpad. Kommunitas coin (KOM) is running on Polygon. Token holders can use it for staking, voting, and revenue sharing. The interesting detail is that the company refers to its users as “KOMmunity.”
As stated on the project’s website, Kommunitas has launched 109 projects having raised $11,19M, with the participation of 7,889 unique contributors.
To distinguish themselves from IDO launchpads with their drawbacks, Kommunitas introduced the term IKO - Initial Kommunitas Offering, emphasizing the difference of the launchpad. The main feature of the launchpad is the absence of tiers. This way, every KOM holder can participate in token sales without worrying about the significant number of required staked tokens.
Kommunitas' IKO process involves two initial periods: registration and preparation. These are followed by three rounds (boosters): Booster 1, Booster 2, and a First-Come, First-Served round. Each round lasts 4 hours, with token prices increasing between boosters.
The platform introduces "Kommunitas Priority Projects," which undergo a rigorous due diligence process and must fulfill severe standards, like KYC verification and a delay in fund release after token listing.
Kommunitas provides an opportunity for KOM token holders who have more than 500K KOM tokens to engage in a revenue-sharing program. The platform sets aside 30% of the fees generated from the FCFS and Community Rounds, channeling them into the Private Partners Treasury Wallet on a quarterly basis. Additionally, the KOM Millionaire Partners Program offers special perks like a portion of the launchpad's earnings, exclusive private opportunities, and extra token rewards. Partners must stake over 10 million KOM tokens to qualify for this program.
Also, the platform introduced KomNPlay — an online gaming platform that provides a wide range of mini-games for players to enjoy and earn KOM tokens.