Kommunitas April 2022 Monthly Report
Since April has come to an end, it is time for our monthly report! This month, we’ll be covering the outcome of our Social Engagement Burning, DxLock burning, KOM liquidity across all DEXs, as well as look back at some of the things we achieved in the past month.
This month we burned a total of 509,110,807 KOM or around $1,578,244 at the time of writing! This includes both our Social Engagement Burning and DxLock Burning. Featured below is a breakdown of our April Social Engagement Burn as well as DxLock Burn.
This month, we have also established “Kommunitas Priority Projects” where projects will have to pass a stringent set of Criteria to become a Kommunitas Priority Project. You may read more about it here.
7th Social Engagement Burning!
During our 7th Social Engagement Burn this month, we burned a grand total of 45,617,590 tokens. That’s equivalent to $141,415 worth of KOM tokens burnt! You may check out the transaction here.
Now, let’s get into the specifics of our April Social Engagement Burn.
As always, the first statistic that we’ll check out is our Twitter. In the Month of April, we’ve managed to attain 617k visits to our Kommunitas twitter profile. With 5 KOM burnt for every profile visit, that’s a total of 3,085,000 KOM burnt!
We’ve also received 625k tweet impressions in April, with a multiplier of 5 KOM for every impression, that’s another 3,125,000 KOM burnt!
As depicted above, we received 46.2K mentions on our twitter account (@Kommunitas1), leading to a burn of 4,620,000 KOM!
Our Top Follower of The Month goes to Rodrigo Heralzate! You can head on to his Twitter and show him some support as his 2.42M follower count allows us to burn another 12,100,000 KOM!
With an increase of 173 followers on our medium page and 1,000 KOM burnt for every new follower, that leads to 173,000 KOM burnt.
Following up, our View, Reads and Fans on Medium totalled up to 23,366. With our promised burn of 200 KOM per count, that easily adds another 4,673,200 KOM to our total burn count!
Next up, is our telegram section. We’ve welcomed an additional 18,470 members to our KOMmunity in the past month and we amassed a total of 66,280 messages sent during the month of April. After multiplying that by a burn of 200 KOM for every new member and 50 KOM per message sent, that works out to 7,008,000 KOM burnt!
A total of 13 AMAs were also held over on our main telegram. With 100,000 KOM being burnt for each AMA we hold, that’s another 1,300,000 KOM sent out of circulation! You can tune in and participate in our AMAs by joining our main telegram group. There are usually some prizes to be won for selected individuals!
A total of 2339 KOM was sent to our address used to verify the wallets of KOM holders who wish to join our Private Partners group. To honor the contributions of these individuals, we’ve decided to burn 10x the amount of KOM they send, equating to 23,339 KOM burnt. You may also join our Private Partners group to get guaranteed allocation for Seed / Private sales by staking a minimum of 500,000 KOM and starting a conversation with our KOM elite bot over on telegram.
4. Private/Public sales on our launchpad
Last month, we held a total of 5 Public sales and 3 Private/Seed rounds on our launchpad. This leads to an additional 3,400,000 KOM burnt. We will continue to try our best to provide our KOMmunity with high-quality projects.
5. New Unique participants in our launchpad
Following the removal of our burning based on the number of new token holders, we have decided to replace it with a section where we burn 1000 KOM for every new and unique participant in our launchpad that month. This month, there were a total of 5,310 new unique participants in our Launchpad, hence we are able to burn 5,310,000 KOM!
That’s the end of our social engagement burn section, you may find the specifics and criteria of our KOM Social Engagement Burn here: https://docs.google.com/spreadsheets/d/15U4xeZRdH2d4gyKmyAP0NjiETteJncrOoHjZYouRJ78/edit#gid=1175474542
DxLock Token Burn
Coming next, is the exciting part of our monthly report! Following Kommunitas’ decision to reduce our max token supply of the KOM token from 40B tokens to 2B tokens, we have started burning the tokens that are vested from our DxLock contract, in order to reduce our max supply. We’re proud to announce that we’ve burned 463,493,217 KOM tokens this month! That’s approximately $1,438,869 worth of tokens, at the current price of KOM! You can find the burn transaction here.
We’ll be reporting our DxLock Token Burn at the end of every month, so stay tuned! You can also read more about our max supply reduction here.
KOM Liquidity Pool
Next up will the section that covers $KOM’s liquidity pool across all decentralized exchanges.
KOM’s Liquidity across all DEXs
As shown above, the total value of KOM liquidity across all DEXs amounts to $358,365. That’s a decrease from the month of March, which could be due to the unfavorable market conditions and drop in the price of KOM.
Kommunitas is a decentralized and tier-less Launchpad. Kommunitas is the solution for Multi-Chain oriented projects. Kommunitas welcomes projects from various blockchains such as Polygon, BSC, Ethereum, Avalanche, Solana, etc.
Not limited to only Public Sales, Kommunitas also offers projects a wide array of other funding methods, ranging from Seed rounds to Private rounds and Strategic Rounds. We also offer a list of marketing services that can boost a project’s popularity. Kommunitas is ready to serve a project from community management to graphic design and content creation.
Kommunitas firmly believes that with its connection to dozens of regional crypto communities and influencers, as well as several blockchain companies and Capital Funds / VCs, Kommunitas can help to boost a project exposure within a short period of time.