Kommunitas: A Decentralized Launchpad Championing Inclusivity, Transparency, and Equal Opportunities

This year alone, Kommunitas emerged as a leading force in the blockchain space, making remarkable progress with its decentralized launchpad that champions inclusivity, transparency, and equal opportunities for investors of all sizes.

Kommunitas, a decentralized blockchain launchpad, has achieved remarkable success in 2024, emerging as a leading force in the crypto space. The platform's inclusivity, transparency, and equal opportunities for investors of all sizes have been recognized with the “Emerging Launchpad of the Year” award at the India Blockchain Summit 2024 in October.

Moreover, Kommunitas' CEO, Robby Jeo, shared valuable insights into the platform's operational framework and strategic direction in an interview with UseTheBitcoin during the Coinfest Asia 2024 conference in August.

Here's a closer look at Kommunitas and its unique offerings.

What Is Kommunitas?

Kommunitas is a decentralized blockchain launchpad that connects blockchain projects with global investors through a fair, transparent, and inclusive platform. As a leader in decentralized finance (DeFi), the decentralized launchpad provides accessible solutions that empower startups and investors in the growing blockchain ecosystem.

“Kommunitas is a decentralized crowdfunding ecosystem, or many people know it as a launchpad,” Robby Jeo told UseTheBitcoin during the recent Coinfest Asia 2024 conference.

Notably, Kommunitas has been around since 2021 and has helped approximately 187 projects (and counting), raising $23 million from almost 10,000 unique participants.

How Does Kommunitas Differentiate From Other Launchpads?

Kommunitas primarily differentiates itself from other launchpads through its unique Initial KOMmunity Offer (IKO) mechanism. Unlike traditional tiered systems, IKO offers equal opportunities to all Kommunitas users, regardless of their token holdings.

The platform also prioritizes transparency, providing clear information about project allocations and distribution processes. Therefore, Kommunitas’ IKO model empowers the community by allowing users to participate directly in project launches and decision-making.

Tier-Less System

One thing to note about Kommunitas is their tier-less system. This means that all participants who hold the $KOM token get a fair chance to participate in their launchpad projects.

Notably, the allocation a user receives is proportional to the amount of $KOM tokens they stake, with no tiers and barriers to entry. Therefore, all $KOM holders will have a chance to participate regardless of their comfortable investment limit.

“In other launchpads, let’s say their lowest tier is you need to hold $2,000 worth of the token. Some people don’t have the $2,000 to participate in that particular launchpad. Here, any amount of $KOM you hold and stake will grant you an allocation. Of course, the more $KOM you hold and stake, the more allocation you will get,” Jeo explained.

Kommunitas Revenue Sharing Model

The decentralized launchpad's revenue-sharing model rewards community members by sharing a portion of the platform’s revenue.

Private Partners, staking at least 500,000 $KOM tokens, receive 30% of non-refundable fees from FCFS (First Come, First Served) and Community round ICOs quarterly. Millionaire Partners, staking even more, receive a larger platform revenue share.

This model aligns the community’s interests with the platform's success, incentivizing users to hold and stake KOM tokens and fostering a sense of ownership and participation among the community members.

“If you stake the minimum amount of our $KOM token in our staking platform, then you will be able to get revenue-sharing in $USDT because we are a positive cashflow business/project,” Jeo highlighted.

Kommunitas Telegram Bot

As Telegram bots become more common in the crypto space, with over 700 million active monthly users, Telegram has become a favored application within the community!

It is worth noting that Kommunitas has its own bot that allows users to engage with the platform directly through Telegram. This aims to simplify participation in the ecosystem, allowing users to stake $KOM, vote on upcoming projects, and participate in Initial Kommunity Offerings (IKOs) from a Telegram chat.

“Before this, people need to visit our website and connect their wallet to our dApps to do staking and participating in launchpads. Now, with the Telegram bot, they can easily vote, stake, and join in launchpads by just chatting with our Telegram bot,” Jeo added.