FAQs
If you have any suggestion for FAQs. Please email : [email protected]

1. What is Kommunitas?

Kommunitas is a decentralized and tier-less Launchpad. Kommunitas is the solution for Multi Chain oriented projects. Kommunitas welcomes project from various blockchain like Polygon, BSC, Ethereum, Avalance, Solana, etc.
Kommunitas deployed its first KOM token smart contract on Polygon Chain, and as of this writing, Kommunitas has also bridged its KOM token to Binance Smart Chain. Not only BSC, but Kommunitas will also bridge its native KOM token to another popular chain as parts of its growth strategy.

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. Why build Kommunitas?

There are several problems with the current Launchpads in the crypto space, these are but not limited to:
  • Launchpad with Tier System, where people must hold a minimum number of tokens to get allocation for newly launched projects.
  • Launchpad with Queueing System, where normally only 10% can get allocation for newly launched projects.
  • Launchpad with Whitelist System, where the transparency of selecting the whitelist is often questioned and the Launchpad tends to whitelist the big supporters of a project.
  • One currency acceptance for a Launchpad.
  • Launch a project without Audits and insufficient help to the project’s marketing and listing on Centralized Exchanges.

4. What are the benefits or advantages for projects that will launch on the Kommunitas platform?

Kommunitas will play as a one-stop solution for a project that want to launch on its platform.
  • Kommunitas will help the project in terms of Marketing campaign, from social media influencers, to news and media coverage.
  • Kommunitas will also help the project to get audited for its smart contract.
  • Kommunitas will also provide grant for the project if it’s deemed possible. Read more about Kommunitas Incubator Fund at
  • And after raising some funds, Kommunitas will help the project in terms of listing on several Centralized Exchanges and Decentralized Exchanges.

5. Can you share the revenue model for Kommunitas?

Kommunitas has 4 revenue models at the moment, namely:
  • Tier-Less Launchpad
  • Audit Firm Partnership
  • Exchange Partnership, and
  • Marketing and public relations

6. What are the future plans of Kommunitas?

After we have enabled the Staking Function on our platform, and bridge our KOM token to BSC, We are currently planning to focus on the development of Kommunitas Tier-Less Launchpad. And to make the holder of KOM token gets more benefit, Kommunitas is actively engaging with other blockchain projects. Besides other blockchain projects, Kommunitas is actively engaging and contacting other regional community to collaborate and do co-marketing. To get an updated roadmap of Kommunitas, please visit : https://docs.kommunitas.net/roadmap

7. How can users get updates about Kommunitas?

Users can get up to date information about Kommunitas and $KOM token at our website: htps://www.kommunitas.net . For all social media links and other references, users can also visit https://linktr.ee/kommunitas

8. What is $KOM token and what is the total supply for $KOM token?

$KOM is the native currency for Kommunitas Platform. The total supply of $KOM is 40 billion. Almost 95% of $KOM tokens are locked with a 3rd party locker which is DxLock and will gradually be vested until 1st of September 2025. For the proof of Lock and details of the lock, please visit https://docs.kommunitas.net/tokenomics/token-distribution .
Kommunitas team is constantly finding a better way to reduce its Total Supply. Read more about Burning at : https://docs.kommunitas.net/burning/

9. 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.
  • $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 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.

10. What is the $KOM token contract?

Polygon Chain KOM (Matic) Token Address : 0xC004e2318722EA2b15499D6375905d75Ee5390B8 and can be verified on Polygonscan.com by clicking on this url : https://polygonscan.com/token/0xc004e2318722ea2b15499d6375905d75ee5390b8
Binance Smart Chain KOM (BSC) Token Address : 0x471Ea49dd8E60E697f4cac262b5fafCc307506e4 and can be verified on BSCscan.com by clicling on this url : https://bscscan.com/token/0x471ea49dd8e60e697f4cac262b5fafcc307506e4
There are several fake $KOM tokens, either in Polygonscan.com or bscscan.com. Please make sure you are interacting with the legit $KOM token contract.
You can also visit https://www.kommunitas.net and click on the "Add KOM token" Button.

11. 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.

12. Where can we buy $KOM token?

You can buy $KOM token at:

13. When was the Private Sale and Public Sale?

$KOM Private sale started from 1st - 15th June. 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. 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. 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. 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. And there were 5,000,000 KOM sold in this extra round.

14. How can we Bridge our $KOM from Polygon <> BSC?

We have enabled the Polygon <> BSC bridge with the help of AnySwap Exchange. To know more about how to do the bridge, please visit:
AnySwap
Kommunitas

15. 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. We are not against Burn mechanism, but we think that it is inappropriate to implement the burn mechanism just several days after the Genesis / token minting like several token projects out there.
3 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 5% penalty fee, and this 5% will be burnt forever. 2. When user join our Elite 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

16. Why should people hold $KOM token?

User should hold $KOM token because of 3 advantages, which are: staking rewards on Kommunitas platform and other partner platforms that will provide attractive yields, the ability to vote on development for Kommunitas platform and a guaranteed allocation for newly launched projects. And to give more reasons for user to hold $KOM token, Kommunitas is proactively approaching and engaging with other crypto project in terms of collaboration and partnership.

17. Which wallet can we use for holding $KOM token?

$KOM token can be stored in any Polygon / BSC supported wallet, such as Trust Wallet, Metamask, SafePal.
For KOM (Matic) you can use Orange Wallet. Orange Wallet is a Matic Mainnet wallet, which was developed by our Technology Advisor Mr. Abhimanyu Shekhawat, and it has a feature of Token Scanning, which will scan the token with balance and show them in the balance, so a user does not need to add the token address of a particular token. However, Orange Wallet is currently available only for Android Users and can be downloaded here https://play.google.com/store/apps/details?id=org.orange.wallet

18. How to add Matic Mainnet on Metamask?

To add Matic’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 Matic Mainnet in the Network Name field, URL https://rpc-mainnet.maticvigil.com/ in the New RPC URL field, 137 in Chain ID field, MATIC in Currency Symbol field and https://polygonscan.com/ in Block Explorer URL field. You can read full details here or you can also watch it here To make our user easier, you can now go to our website and click on the "Add Matic Mainnet" and "Add KOM token" Button.

19. Can you please explain the Tier-Less System of the Kommunitas Launchpad?

Tier-Less means that user does not need to hold specific number of $KOM tokens for an allocation of a newly launched project. We will be using this formula to calculate each address’ allocation:
A = amount of newly launch token (let’s say $NEW) B = total $KOM staked. C = $KOM amount that you stake. X = amount of NEW token that user can buy So, X = C / B A Let us say A = 1.000.000 B = 400.000.000 C = 400.000 X = 400.000 / 400.000.000 X1.000.000 X = 1.000 $NEW So, you are entitled to purchase 1000 $NEW.

20. As a launchpad platform, how do you determine a worthy project to be launched on your platform?

What determines whether the project is appropriate or not to be launched on our platform is not us as the developers team, but the $KOM token holders as a community. They will determine and vote on whether the project is feasible or not.

21. Do you have any other region / language speaking telegram groups?

Yes, we do have several speaking telegram group. Official Telegram Groups of Kommunitas are:
The list is growing, for the most updated one, you can always check on: https://linktr.ee/kommunitas

22. What is Private Partners Group at Telegram?

Private Partners Group is a special group for KOM Token holder only.
Requirements: 1. Hold a min amount of 250,000 $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.
And Kommunitas will also share the Seed / Private Round allocation for our Private Partners.

23. How to join Private Partners Group?

Go to telegram, and start the conversation with our elite bot.
Stake at least 250,000 KOM (500,000 KOM for December onwards) at staking.kommunitas.net and start the conversation with our Elite Bot.
He will guide you along the way, Human!

24. How can I participate in IKO?

To know more about how you can participate in IKO, please refer to : https://docs.kommunitas.net/launchpad/launchpad-faq
Last modified 7d ago