Kommunitas’ July 2022 Monthly Report
The month of July has gone by in a flash, hence it’s that time of the month for our monthly report! This month, we’ll be taking a look at the outcome of our Social Engagement Burning, DxLock burning, KOM liquidity across all DEXs, as well as look back at some of our achievements in the past month.
For our 10th token burn this month, we’ve burned a grand total of 5,007,380,633 KOM, or Approximately $9,514,023 at the time of writing! This includes both our Social Engagement Burning and DxLock Burning. Featured below is a breakdown of our July 2022 Social Engagement Burn as well as DxLock Burn.
We’re pleased to announce that this month, we’ve been featured on GenX Analytics’ list of Coins the Top 100 Polygon Whales are Secretly Accumulating, as well as Cryptolaxy’s list of Top Polygon Projects by Relative Liquidity Ratio! We’re proud to have such an active and engaged community behind our backs, making it possible for us to accomplish those achievements.
10th Social Engagement Burning!
During our 10th Social Engagement Burn this month, we burned a total of 8,119,200 tokens. That’s equivalent to $15,426 worth of KOM tokens burnt. You may find the burn transaction here.
Now, let’s dive into the specifics of our July Social Engagement Burn.
1. Twitter
Like always, we’ll first take a look at our Twitter. Throughout the month of July, we’ve attained 588k visits to our Kommunitas Twitter profile. With 1 KOM burnt for every profile visit, that’s a total of 588,000 KOM burnt!
We’ve also received 603k tweet impressions in July, with a multiplier of 1 KOM for every impression, leading to another 603,000 KOM burnt!
As depicted above, we received 25.7K mentions on our Twitter account (@Kommunitas1), leading to a burn of 514,000 KOM!
Our Top Follower of The Month goes to Sofia Zamolo! With a total of 1.1M Followers, we can burn another 1,110,000 KOM!
2. Medium
With an increase of 93 followers on our medium page and 200 KOM burnt for every new follower, that leads to 18,600 KOM burnt.
Following up, our Views, Reads, and Fans on Medium totaled up to 12,811. With our promised burn of 50 KOM per count, that easily adds another 640,550 KOM to our total burn count!
3. Telegram
Next up, will be our telegram. We’ve welcomed an additional 13,279 members to our KOMmunity in the past month and amassed a total of 36,580 messages sent during the month of July. After multiplying that by a burn of 50 KOM for every new member and 10 KOM per message sent, that works out to 1,029,750 KOM burnt!
A total of 9 AMAs were also held over on our main telegram! With 100,000 KOM being burnt for each AMA we hold, that’s another 900,000 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! Starting next month, we’ll be decreasing the multiplier for AMAs to 20,000 KOM per AMA.
A total of 30 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 300 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 4 Public sales on our launchpad. This leads to an additional 2,000,000 KOM burnt. We will continue to try our best in providing our KOMmunity with high-quality, innovative projects that have passed our due diligence and criteria. Moving forward, we’ll be decreasing the multiplier for Public Sales to 100,000 KOM and 50,000 KOM for Private/Seed rounds.
5. New Unique participants in our launchpad
Following the addition of our new unique participants section, we have committed to burning 1000 KOM for every new and unique participant in our launchpad for each month. This month, there were a total of 115 new unique participants in our Launchpad, hence we are able to burn 115,000 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=1874240816
DxLock Token Burn
Coming up 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 4,999,261,433 KOM tokens this month! That’s Approximately $9,498,597 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 $262,739. We’re proud to announce that that’s a 49% increase in liquidity compared to $176,290 last month! We were also featured on Cryptolaxy’s list of Top Polygon Projects by Relative Liquidity Ratio this month!
About Kommunitas
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.
After starting the first Initial KOMmunity Offering (tier-less, decentralized IDO) and Social Engagement Burning, Kommunitas has introduced something new that could be the first of its kind in the Cryptosphere.
Not only investors will get capital gain from the investment, but they are also presented with the opportunity to earn passive Revenue Sharing in Stable Coins as well as in KOM Token by holding and staking KOM tokens.
