Dapp Play Store Joining Hands with Kommunitas
Dapp Play Store is joining hands with Kommunitas, helping projects to become successful in the crypto space.
Joining a later successful web3 project from its early stage always brings the most benefit to users. Being the ones who started, bred and stuck with the project from the start isn’t just an easy task. It requires consistency and extensive monitoring. This is the main purpose of Launchpad platforms. A launchpad platform is the best place to get proper monitoring for your project. They help most cryptocurrency projects from their early stages to become successful projects in the crypto space. With over 17,000 crypto projects out there, identifying scams and fake projects might be quite difficult. Launchpad platform also helps in identifying the genuine ones among them.
Crypto Launchpad is one kind of innovation that facilitates, accelerates and brings benefits to startup entrepreneurs in launching successful crypto and web3 project. And that’s what Kommunitas stands to offer.
What is Kommunitas?
Kommunitas is a decentralized and tier-less Launchpad platform. They are the perfect solution for Multi-Chain oriented projects. Since its launch, Kommunitas has been welcoming projects from many blockchains such as Ethereum, Avalanche, Polygon, BSC, Solana and others.
After they started the first Initial KOMmunity Offering (tierless, decentralized IDO) and Social Engagement Burning, Kommunitas has introduced something new that could be the first of its kind in the CryptoSphere.
“A tier-less system only means that holders of KOM or investors who want to purchase newly launched projects need not hold a specific amount of KOM token to be eligible for that specific token,” Robbie, the company Chief Executive Officer said.
Not only will investors get capital gain from the investment, but they are also presented with the opportunity to earn passive Revenue Sharing in Stable Coin as well as in KOM Token by holding and staking KOM tokens.
They introduce a revolutionary strategy through its platform to ensure the crypto community is subjected to a tierless system. The tier-less system is giving value to every single token held by our investors, an approach that makes the concept of static tiers obsolete.
Kommunitas has three main features that make it stand out from its competitors:
Tier-Less System:
The amount of allocation a user earns is proportional to the amount of KOM they stake, without tiers and barriers to entry. This means all KOM holders will have an opportunity to partake in KOM Launchpad, regardless of their comfortable investment limit. This will rid them of any stress-induced when they’re required to hold a minimum number of tokens to partake in a Public Sale. So, the more KOM token they staked, the more they get rewarded.
Revenue Sharing:
This feature is only for Private Partners. 30% of the fees collected from KOM FCFS and Community Rounds will be pooled into the Private Partners Treasury Wallet. The funds ( USDC) will be shared amongst the Private Partners ( Wallets over 500K KOM staked) at the end of each quarter. Priority
Projects Criteria:
Kommunitas plans to bring high-quality projects that will meet up several criteria. They comprise but are not limited to, possessing locked liquidity in a 1:1 ratio according to their Initial Market Cap, and the price of the token not falling below IKO price for 3 consecutive days before 50% of the tokens are vested.
Kommunitas Additional details
In addition, Its goal is to enable project teams to concentrate on building and developing their idea and product. While its community oversees the marketing, exposure and acquisition of the initial user base. Kommunitas also plans to address all inefficiencies related to the tiered system of conventional IDO launchpads. To improve transparency and reward the entire KOMmunity, it has introduced the Initial KOMmunity Offering (IKO). The first of its kind in the world.
Robbie Jeo, the company Chief Executive Officer, disclosed that Kommunitas supports project teams by enabling them to focus on their core strengths — developing and building their products. On the other hand, the Kommunity handles other vital aspects such as marketing, exposure, listing, and creation/expansion of the initial user base through the platform’s well-established network and partnerships.
In fact, Kommunitas’ Incubator Fund has raised over $2 Million dollars from its Private Partners. It is also looking to invest in great teams with a distinct and innovative vision in the crypto space. Especially those in the field of Gaming, NFT, Metaverse, and DeFi with Unique Selling Points. Lastly, Kommunitas welcomes any project of any fund-raising phase, from seed round to public round.
About Dapp Play Store (DPS)
Dapp Play Store is the next generational Web3 application store & content management system. The first platform to house all dApps built on a variety of blockchain networks, a digital distribution platform utilizing the decentralized infrastructure for software storage and scalability.
