Kommunitas June 2022 Monthly Report

The month of June has gone by, hence it’s time for our monthly report! We’ll be taking a look at the outcome of our Social Engagement Burning, DxLock burning, KOM liquidity across all DEXs, as well as some of the things we achieved in the past month.

For our 9th token burn this month, we burned a grand total of 1,110,068,433 KOM, or Approximately $2,109,130 at the time of writing! This includes both our Social Engagement Burning and DxLock Burning. Featured below is a breakdown of our June 2022 Social Engagement Burn as well as DxLock Burn.

Back in April, Kommunitas 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.

This month, we launched “KomNPlay”, an online gaming platform that allows you to play your favorite games (major and indie titles) and make money by challenging yourself or dueling others. The more skilled you get, the more money you can make! You can also try playing it for free, to climb the leaderboards for ultimate bragging rights.

9th Social Engagement Burning!

During our 8th Social Engagement Burn this month, we burned a total of 32,407,000 tokens. That’s equivalent to $61,573 worth of KOM tokens burnt. You may check out the transaction here.

Now, let’s get into the specifics of our June Social Engagement Burn.

1. Twitter

Like always, we’ll first take a look at our Twitter. Throughout the month of June, we’ve attained 800k visits to our Kommunitas Twitter profile. With 5 KOM burnt for every profile visit, that’s a total of 4,000,000 KOM burnt!

We’ve also received 907k tweet impressions in June, with a multiplier of 5 KOM for every impression, leading to another 4,535,000 KOM burnt!

As depicted above, we received 39.3K mentions on our Twitter account (@Kommunitas1), leading to a burn of 3,930,000 KOM!

Our Top Follower of The Month goes to TaylorMuskk! With a total of 1.36M Followers, we can burn another 6,800,000 KOM!

2. Medium

With an increase of 88 followers on our medium page and 1,000 KOM burnt for every new follower, that leads to 88,000 KOM burnt.

Following up, our Views, Reads, and Fans on Medium totaled up to 15,954. With our promised burn of 200 KOM per count, that easily adds another 3,190,600 KOM to our total burn count!

3. Telegram

Next up, will be our telegram. We’ve welcomed an additional 18,346 members to our KOMmunity in the past month and amassed a total of 35,830 messages sent during the month of June. After multiplying that by a burn of 200 KOM for every new member and 50 KOM per message sent, that works out to 5,460,700 KOM burnt!

A total of 10 AMAs were also held over on our main telegram! With 100,000 KOM being burnt for each AMA we hold, that’s another 1,000,000 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 650 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 6,500 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.

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 896 new unique participants in our Launchpad, hence we are able to burn 896,000 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 1,077,661,433 KOM tokens this month! That’s Approximately $2,047,557 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 $176,290. That’s a decrease from the previous month of May, caused by the current unfavorable market conditions and the corresponding decrease in the value of QUICK, MATIC, and KOM pooled. We’ll continue to add more functionality to our token, such as KomNPlay which we announced this month, and we’re open to all form of opinions from you.

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 Crypto Sphere.

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.

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Kommunitas

Kommunitas is a decentralized crowdfunding ecosystem for web3.0 projects. We incubate and help web3.0 projects to grow and expand. https://kommunitas.net