Kommunitas

The month of August has passed, hence it’s yet again time 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 11th token burn this month, we’ve burned a grand total of 1,003,488,264 KOM, or Approximately $1,605,581 at the time of writing! This includes both our Social Engagement Burning and DxLock Burning. Featured below is a breakdown of our August 2022 Social Engagement Burn as well as DxLock Burn.11th Social Engagement Burning!During our 11th Social Engagement Burn this month, we burned a total of 4,226,830 tokens. That’s equivalent to $6,763 worth of KOM tokens burnt. You may find the burn transaction <a href="https://polygonscan.com/tx/0xeac265da08efd3a09a3fc16e0480c46684e9bfc09b62bdc79e0dd18c66646855" rel="noopener noreferrer nofollow">here</a>.<img src="https://miro.medium.com/max/700/0*wffS_OpFUnSfubnu" />Now, let’s dive into the specifics of our August Social Engagement Burn.1. TwitterLike always, we’ll first take a look at our Twitter. Throughout the month of August, we’ve attained 644k visits to our Kommunitas Twitter profile. With 1 KOM burnt for every profile visit, that’s a total of 644,000 KOM burnt!We’ve also received 643k tweet impressions in August, with a multiplier of 1 KOM for every impression, leading to another 643,000 KOM burnt!<img src="https://miro.medium.com/max/700/0*vLi_kJyKgXEqNcTt" />As depicted above, we received 24.6K mentions on our Twitter account (<a href="https://twitter.com/Kommunitas1" rel="noopener noreferrer nofollow">&#64;Kommunitas1</a>), leading to a burn of 492,000 KOM!Our Top Follower of The Month goes to <a href="https://twitter.com/JoshRoomsburg" rel="noopener noreferrer nofollow">Joshuwa Roomsburg</a>! With a total of 301K Followers, we can burn another 301,000 KOM!<img src="https://miro.medium.com/max/700/0*KMnJBJBbmPZMIqQI" />2. Medium<img src="https://miro.medium.com/max/700/0*CeNEDt4kerCVqsmm" />With an increase of 59 followers on our <a href="https://medium.com/&#64;kommunitas" rel="noopener noreferrer nofollow">medium page</a> and 200 KOM burnt for every new follower, that leads to 11,800 KOM burnt.<img src="https://miro.medium.com/max/700/0*GdXRIxLOTDS6qibd" />Following up, our Views, Reads, and Fans on Medium totaled up to 11,698. With our promised burn of 50 KOM per count, that easily adds another 584,900 KOM to our total burn count!3. Telegram<img src="https://miro.medium.com/max/700/0*fHYmOJVkGJADYPxl" />Next up, will be our telegram. We’ve welcomed an additional 11,572 members to our KOMmunity in the past month and amassed a total of 13,067 messages sent during the month of August. After multiplying that by a burn of 50 KOM for every new member and 10 KOM per message sent, that works out to 709,270 KOM burnt!A total of 3 AMAs were also held over on our <a href="https://t.me/kommunitas" rel="noopener noreferrer nofollow">main telegram</a>! With 20,000 KOM being burnt for each AMA we hold, that’s another 60,000 KOM sent out of circulation! You can tune in and participate in our AMAs by joining our <a href="https://t.me/kommunitas" rel="noopener noreferrer nofollow">main telegram group</a>. There are usually some prizes to be won for selected individuals!A total of 986 KOM was sent to our <a href="https://polygonscan.com/address/0xD528938cBCcd32a27b79F757Be14EDa747d06390" rel="noopener noreferrer nofollow">address</a> 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 9,860 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 <a href="https://t.me/komelitebot" rel="noopener noreferrer nofollow">KOM elite bot</a> over on telegram.4. Private/Public sales on our launchpadLast month, we held a total of 2 Public sales on our launchpad. This leads to an additional 200,000 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 launchpadFollowing 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 411 new unique participants in our Launchpad, hence we are able to burn 411,000 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: <a href="https://docs.google.com/spreadsheets/d/15U4xeZRdH2d4gyKmyAP0NjiETteJncrOoHjZYouRJ78/edit#gid&#61;1874240816" rel="noopener noreferrer nofollow">https://docs.google.com/spreadsheets/d/15U4xeZRdH2d4gyKmyAP0NjiETteJncrOoHjZYouRJ78/edit#gid&#61;1874240816</a>DxLock Token BurnComing 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 999,261,434 KOM tokens this month! That’s Approximately $1,598,818 worth of tokens, at the current price of KOM! You can find the burn transaction <a href="https://polygonscan.com/tx/0xaa663f13df64ad8a89bf78d8b604b420ddf2c8c220d8453154e41eb1c8d58153" rel="noopener noreferrer nofollow">here</a>.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 <a href="https://medium.com/&#64;kommunitas/reduction-of-total-supply-from-40b-to-2b-kom-ffab81522493" rel="noopener noreferrer nofollow">here</a>.KOM Liquidity PoolNext up will the section that covers $KOM’s liquidity pool across all decentralized exchanges.<img src="https://miro.medium.com/max/700/0*KDW_yK7lyWEyjYlp" />KOM’s Liquidity across all DEXsAs shown above, the total value of KOM liquidity across all DEXs amounts to $217,736. That’s a slight decrease from last month, probably caused by the price correction across the crypto market.About KommunitasKommunitas 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 Tokens by holding and staking KOM tokens.<a href="https://www.kommunitas.net/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://docs.kommunitas.net/" rel="noopener noreferrer nofollow">Docs</a> | <a href="https://linktr.ee/kommunitas" rel="noopener noreferrer nofollow">All Official Links</a>

Kommunitas August 2022 Monthly Report

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