> For the complete documentation index, see [llms.txt](https://docs.kommunitas.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kommunitas.net/faqs.md). # FAQs **1. What is Kommunitas?** [**Kommunitas**](https://www.kommunitas.net/) is a decentralized crowdfunding ecosystem for web3.0 projects. Some might refer to it as a "**launchpad**" or "**IDO Platform**" but Kommunitas is aiming to build not only a platform, but more to an ecosystem. Kommunitas not only provides fundraising for any type web3.0 projects from various blockchain (Ethereum, BSC, Polygon, Solana, Avax, Fantom, etc), but also other forms of support, such as Marketing, Community Management, KOL and VC Connections, SEO and even project development needs such as vesting portal and staking platform. Since its inception, Kommunitas has introduced and been pioneers of many interesting concepts in the web3.0 industry. Some of them are [Initial KOMmunity Offering](https://medium.com/%40kommunitas/introducing-another-worlds-first-iko-d433046a627) / IKO (tierless, no barrier and decentralized IDO) and [Social Engagement Burning](https://medium.com/%40kommunitas/the-1st-social-engagement-burning-in-crypto-7773f26d88e8) (a way of rewarding the community by reducing circulation supply of the token based on engagement metrics across social media) Not only investors will get capital gain from their investment of Public sale tokens, 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 token. (Read more about Revenue Sharing here : ) Or visit to understand all earning opportunities. ## **2.** Why name it Kommunitas? Kommunitas was inspired by the original word of **Community**, which is from the Latin word **Communitas, meaning “the same”**. Therefore, *Kommunitas is a community, which share the same vision and goal to get a capital gain in the cryptocurrency space.* ## **3.** What makes Kommunitas stand out from other Launchpad? **1. Tier-Less System**\ The amount of allocation a user receives is **proportional** to the amount of $KOM they stake, with no tiers and barriers to entry. This means all $KOM holders will have a chance to participate in our Launchpad, regardless of their comfortable investment limit, ridding them of any stress induced when they’re required to hold a minimum number of tokens to participate in a Public Sale. So, the more KOM token they staked, the more allocation they will get. \ **2. Revenue Sharing**\ This feature is **only for Private Partners**. 30% of the fees collected from our FCFS and Community Rounds will be pooled into the Private Partners Treasury Wallet. The funds (in USDT) collected will then be shared amongst our Private Partners (Wallets with more than **500,000 KOM** staked) at the end of each quarter. Read more [here](https://medium.com/@kommunitas/kom-private-partners-program-46c076a20514). \ For those who owns and stakes more than **10,000,000 KOM**, we identify them as **KOM Millionaire Partners** and we take 5% out of our monthly revenue and distribute with them proportionally**.** Read more [here](https://medium.com/@kommunitas/kommunitas-millionaire-partner-program-2bf12754ebdb\\). \ **3. Priority IKO**\ Kommunitas aims to bring high-quality projects that must satisfy several criteria. They include, but are not limited to, having locked liquidity in a 1:1 ratio according to their Initial Market Cap, and the price of the token not dropping below IKO price for 3 consecutive days before 50% of the tokens are vested. Understand more about our Priority IKO Criteria, please visit this [page](https://medium.com/@kommunitas/a5cb1960fd8e) **4. Secure IKO** The importance of trust and security in the volatile world of cryptocurrency cannot be overstated. Kommunitas warmly welcomes users to Kommunitas Secure IKO, users gateway to a safe and promising cryptocurrency offering. To understand more about Secure IKO, please visit this [page](https://medium.com/@kommunitas/introducing-kommunitas-secure-iko-reinventing-trust-security-and-flexibility-in-web3-launchpad-1e5b413ed6b4) **5. Exclusive IKO** The Exclusive IKO is our latest offering, designed to attract high-quality projects with a more flexible approach. It features an exclusive **24 hours to 5 days** optional refund feature post-project listing, providing users with the flexibility to make informed decisions. To understand more about Exclusive IKO, please visit this [page](https://medium.com/@kommunitas/introducing-kommunitas-exclusive-iko-bringing-the-best-projects-to-our-kommunity-d6731e4effeb) ## **4.** What are the benefits or advantages for projects that will launch on the Kommunitas platform? Launching on the Kommunitas platform offers numerous benefits and advantages for projects, including: * Accessible fundraising: Kommunitas Launchpad, is a tierless, barrier-free, and decentralized IDO platform that makes it easy for projects to raise funds. * Wide exposure: With over 250,000 followers on Twitter and 110,000+ members on Telegram, projects can reach a vast and engaged audience. * Strong network: Projects can connect with 150+ Community Partners/ KOLs and 150+ web3.0 VCs, providing ample opportunities for networking and collaboration. * Comprehensive support: Our experienced team offers guidance throughout the entire launch process, ensuring a seamless experience for both the project and its investors. * Reputation: Kommunitas has won the "Best Crypto Launchpad" award at Crypto Expo Asia, Singapore, further solidifying its position as a trusted and reliable platform. * Proven track record: With over 160+ projects launched, over $18,800,000 raised, and 9,600 unique participants, per May 2024 Kommunitas has a proven history of success. * Upcoming ecosystem expansions: Projects can benefit from upcoming catalysts in the Kommunitas Ecosystem, such as KOM Dex, KOM Labs, and KOM DAO. * Security and trust: Audited by 4+ notable audit partners in web3.0, projects can trust that their launch will be secure and reliable. * Additional promotional opportunities: Projects can take advantage of numerous AMA events and live AMAs to further promote their launch and engage with potential investors. ## **5.** What are the future plans of Kommunitas? Kommunitas has a long term vision to become the market leader in Crypto Crowd Funding industry. With the goal to have at least **20,000 participants per sale and ability to raise $1 Million per sale**, we are aiming to be the best crowdfunding ecosystem for all web3.0 projects.\ To get an updated roadmap of Kommunitas, please visit this [link](https://docs.kommunitas.net/roadmap). ## **6.** How can users get updates about Kommunitas? Users can get up to date information about Kommunitas and $KOM token at our [website](https://www.kommunitas.net/). For all social media links and other references, users can also visit this [link](https://linktr.ee/kommunitasnet). We have a google calendar with dates for our Public Sales, Private Sales, Vesting, New Projects, Whitelist Giveaways, Airdrops and AMAs! You can find the calendars and choose which ones to save [here](https://linktr.ee/kommunitas1). How to Subscribe and Activate Notifications for **Kommunitas Calendar**: {% embed url="" %} ## **7.** What is $KOM token and what is the total supply for $KOM token? Many $KOM investors have highlighted the issue of the total maximum supply of 40B $KOM. We have taken your feedback very seriously and have been racking our brains to find the best solution to **address this issue**. For the proof of Lock and details of the lock, please visit this [link](https://medium.com/@kommunitas/reduction-of-total-supply-from-40b-to-2b-kom-ffab81522493). After consultation among our internal team, advisors and of course our KOMmunity, we are delighted to announce that we will **reduce the total maximum supply of $KOM from 40B to 2B tokens — a reduction of 95%**! With approximately 1.72B $KOM currently in circulation (for live update check it [here](https://staking.kommunitas.net/)),
will have a better circulating-to-total-supply ratio than most crypto projects already in the cryptosphere! Kommunitas team is constantly finding a better way to reduce its Total Supply. Read more about Burning [here](https://docs.kommunitas.net/burning/social-engagement-burning). ## **8.** What are the advantages and use cases of $KOM token? * $KOM token holders will have the **rights to vote** for the future development of Kommunitas platform and all the projects that will be launched on its platform. This will be done by **KOMV** (KOM Voting Token). Read more [here](https://docs.kommunitas.net/faqs/staking-faq#6-in-the-website-it-is-written-that-we-can-get-a-komv-token-for-staking-of-more-than-3-000-kom). * $KOM token holders will also be able to **stake** their token and **earn** interesting yield on Kommunitas platform and other partners’ platform. Read more about Staking and Yield Farming in the [Earn Section](https://docs.kommunitas.net/earn) of this docs. * By staking $KOM, user will get **guaranteed allocation** of a newly launched token, and thanks to its tier-less system, users do not need to have a minimum holding of $KOM tokens for a guaranteed allocation. * Private Partners, those who staked more than **500,000 KOM**, will also enjoy a Quarterly Revenue Sharing. Read more about it [here](https://medium.com/@kommunitas/kom-private-partners-program-46c076a20514). * For those who owns and stakes more than **10,000,000 KOM**, we identify them as **KOM Millionaire Partners** and we take 5% out of our monthly revenue and distribute with them proportionally**.** Read more about it [here](https://medium.com/@kommunitas/kommunitas-millionaire-partner-program-2bf12754ebdb). * To participate in the war that we have in our mini games platform, which is [KOMnPlay](https://play.kommunitas.net/) ## **9.** What is the $KOM token contract? **Polygon Chain**\ KOM (Polygon) Token Address : **0xC004e2318722EA2b15499D6375905d75Ee5390B8** and can be verified on Polygonscan.com by clicking on this url : **Arbitrum**\ KOM (Arbitrum) Token Address : \ **0xA58663FAEF461761e44066ea26c1FCddF2927B80** and can be verified on Arbiscan.io by clicking on this url : **Binance Smart Chain**\ KOM (BSC) Token Address : 0x3cD886be588685484528cbF6494729922E4e89c6 and can be verified on Bscscan.com by clicking on this url : There are several fake $KOM tokens, either in Polygonscan.com or arbiscan.io or bscscan.com. Please make sure you are interacting with the legit $KOM token contract. You can also visit [kommunitas.net](https://www.kommunitas.net) and click on the **"Add KOM token"** Button. ## 10. Why did you choose Polygon as your first chain for developing $KOM token and Launchpad platform? We built the project on the polygon network because on the polygon network users are charged almost-zero gas fees and it has an excellent speed compared to other networks. And because the polygon network is an L2 network from Ethereum which helps the Ethereum network overcome scalability problems, it will be very easy for Ethereum network users to move their assets to the polygon network. ## 11. Where can we buy $KOM token? You can buy $KOM token at: * [**PancakeSwap (DEX)**](https://pancakeswap.finance/swap?outputCurrency=0x3cD886be588685484528cbF6494729922E4e89c6) * [**MEXC (CEX)**](https://www.mexc.com/exchange/KOM_USDT) * [**TokoCrypto (CEX)**](https://www.tokocrypto.com/id/trade/KOM_USDT) * [**Bitrue (CEX)**](https://www.bitrue.com/trade/kom_usdt) To get the latest exchange where you can buy KOM, please visit [page](https://coinmarketcap.com/currencies/kommunitas/markets/). ## 12. When was the Private Sale and Public Sale? $KOM Private sale started from 1st - 15th June 2021. Total $KOM token sold was **247,294,230** KOM. $KOM Public sale will be conducted on 3 phases with several exchanges.\ \*The **1st round** of Public sale was with IndoEx Exchange from 17th June and ended on 30th June, 2021. There were **34,704,854** KOM sold in the 1st round.\ \*The **2nd round** of public sale was with IndoEx Exchange and P2PB2B exchange from 1st July until 14th July, 2021. There were **14,776,816** KOM sold in this 2nd round.\ \*The **3rd round** of Public sale held with P2PB2B exchange which started from 15th July until 24th July, 2021. And there were **10,000,000** KOM sold in this 3rd round.\ \*The **Extra round** of Public sale held with Dex-Trade exchange which started from 27th July until 30th July, 2021. And there were **5,000,000** KOM sold in this extra round. ## 13. How can we Bridge our $KOM from Polygon <> Arbitrum and Vice Versa? We have enabled the **Polygon <> Arbitrum** bridge with the help of [MultiChain](https://multichain.xyz). To know more about how to do the bridge, please visit: (Not Available, please wait for the announcement) ## 14. Are you planning to implement the Buy Back or Burning method for $KOM tokens? Yes, we have the plan to implement the **Buy Back or Burning** method for $KOM tokens. 5 **burning mechanism** that we have at the moment:\ \ 1\. When user **unstake** their KOM token **before the maturity date**, their KOM will be deducted a **50% penalty fee**, and this 50% will be burnt forever.\ \ 2\. When user **join our Private Partners Group** and send **any** amount of KOM token, this will also be burnt later on.\ Once we get more **revenue**, we will be using some percentage of the revenue to **buy back** the token and maybe burn them too. 3\. **Social Engagement Burning**, **The First in Crypto Space**, read more [here](https://medium.com/@kommunitas/the-1st-social-engagement-burning-in-crypto-7773f26d88e8). 4\. **Price Level Burning**. Kommunitas is dedicated to burn certain amount of KOM token if KOM price hits certain price level. We will do the burning together with our social engagement burning which will be done the latest by 5th every month. 5\. **$KOM from 40B to 2B tokens  a reduction of 95%.** Many $KOM investors have highlighted the issue of the total maximum supply of 40B $KOM. We have taken your feedback very seriously and have been racking our brains to find the best solution to **address this issue**. Read more [here](https://medium.com/@kommunitas/reduction-of-total-supply-from-40b-to-2b-kom-ffab81522493). ## 15. Which wallet can we use for holding $KOM token? $KOM token can be stored in any non-custodial and decentralized wallet**,** such as **Trust Wallet, Metamask, SafePal**. ## 16. How to add Polygon Mainnet on Metamask? To add Polygon’s Mainnet on Metamask, click on the Network selection dropdown and then click on Custom RPC. It will open up a form with 2 tabs on the top, Settings and Info. In the **Settings** tab you can add "Polygon Mainnet" in the Network Name field, \ URL in the New RPC URL field, \ **137** in Chain ID field, POL in Currency Symbol field and in Block Explorer URL field. \ You can watch the tutorial [here](https://youtu.be/OexfBnvE6hE).\ \ To make our user easier, you can now go to our [website ](https://www.kommunitas.net)and click on the "**Add Polygon Mainnet**" and "**Add KOM token**" Button. ## 17. Can you please explain the Tier-Less System of the Kommunitas Launchpad? Kommunitas is a tier-less launchpad. The more you staking, the more you will get your allocation.\ Please go to our main page, there is calculator in front of our page to calculate your allocation. ⚠️Change the number of KOM you wish to purchase, and how many days you wish to stake the KOM. Go to: [kommunitas.net/](http://www.kommunitas.net/) and head to Calculate your KOMvestment section
## 18. As a launchpad platform, how do you determine a worthy project to be launched on your platform? Before we can help a project in conducting fund raising through our platform, we have several criteria that a project needs to pass. We will take into consideration things like Social Media of the project, Team, Investors, Idea of the projects as well as the tokenomics. We also aim to bring high-quality projects that must satisfy several criteria. They include, but are not limited to, *having locked liquidity in a 1:1 ratio according to their Initial Market Cap, and the price of the token not dropping below IKO price for 3 consecutive days before 50% of the tokens are vested.* We highly encourage you to read more about Kommunitas Priority IKO [here](https://medium.com/@kommunitas/introducing-enhanced-kommunitas-priority-project-f94a29a0ba0c). ## 19. Do you have any other region / language speaking telegram groups? Yes, we do have several speaking telegram group. Official Telegram Groups of Kommunitas are: * Kommunitas English Group : * Kommunitas Turkish : * Kommunitas Indonesia : * Kommunitas Español : * Kommunitas Japan : * Kommunitas Hindi : * Kommunitas Philippine : * Kommunitas Vietnam : * Kommunitas Thailand : * Kommunitas Korea : * Kommunitas Arabic : * Kommunitas China : * Kommunitas Italy : * Kommunitas Russia : * Kommunitas German / DACH : * Kommunitas Pakistan : * Kommunitas Bangladesh : * Kommunitas Portuguese :
The list is growing, for the most updated one, you can always check it [her](https://linktr.ee/kommunitas)[e](https://linktr.ee/kommunitasnet). ## 20. What is Private Partners & Millionaire Partners Group at Telegram? **Private Partners** Group is a special group for **500,000 KOM** Token holder only. Requirements: \ 1\. **Stake** a min amount of **500,000 KOM** \ 2\. **Send** any amount of $KOM (can be 0.0001 KOM to the address specified by the Bot). \ This is to ensure that you are **really the owner** of the address! \ In the future, the amount of KOM collected in the address will be burnt! By joining the Private Partners Group, you will get special privilege to know about Kommunitas development, partnership, and other thing, visit this link for more details about [Private Partners](https://medium.com/@kommunitas/kom-private-partners-program-46c076a20514). And you will be able to participate in Private Sale and Public Sale Allocation in Kommunitas Launchpad and enjoy a [30% Quarter Revenue Sharing.](https://docs.kommunitas.net/staking/quarterly-revenue-sharing) While **Millionaire Partners** is a special group for **10,000,000 KOM** Token holder only. Read more about Millionaire Partners [here](https://medium.com/@kommunitas/kommunitas-millionaire-partner-program-2bf12754ebdb). ## 21. How can I participate in IKO? To know more about how you can participate in IKO, please refer to this [link](https://docs.kommunitas.net/launchpad/launchpad-faq). --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.kommunitas.net/faqs.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.