BTC is currently selling for $40k+. Less than a decade ago, that dude cost less than 1 USD. Imagine if you had bought it then; who knows what your net worth would be right now. Maybe large enough to book a space on Bezos’ New Shepard private rocket ship.
Anyways, we are not here to talk about bitcoin. But rather about something that can give you an opportunity similar to the one you missed when Bitcoin first launched.
I’m talking about a token called Kommunitas ($KOM).
What is Kommunitas?
Kommunitas – The First Tier-Less Launchpad – is a decentralized solution for multi- Chain oriented projects, bridging a new organic way of fundraising across the blockchains.
It is a platform where developers (people who build tokens) come to launch, market, and raise funds for their projects.
Do you know what tokens are? Tokens are cryptocurrencies that do not have their own blockchain but live on another blockchain.
If you’re a cryptocurrency developer, Kommunitas represents a great place to come to actualize your projects. However, if you’re simply a random guy looking to make money off the cryptocurrency space, then you should know that Kommunitas has got something for you, too.
As a launchpad platform, Kommunitas also has its own tokens, which anyone can own and hold like every other cryptocurrency. This token is called the Kommunitas token, and it’s designated as $KOM.
Now, you might be thinking, what makes $KOM different from all those tokens and coins you’ve bought over the last few years? Well, for starters, $KOM is not your average crypto token. And I’m going to show you just how beneficial $KOM can be to your cryptocurrency portfolio.
Benefits of Holding KOM Token
You have a voice on the Kommunitas platform
KOM token holders will have the right to vote for the future development of Kommunitas platform and all the projects that will be launched on its platform.
Not sure how that benefits you? Well, what it means is that you get to have a voice on whether a new project (token) goes live or not.
Someone might say, “But the project is not mine; why should I bother myself interfering with its launch? True. But don’t you think you could end up being a future investor in any of the projects launched?
If you and the Kommunitas community deem a project feasible and decide to vote unanimously to launch it, when the project launches, you guys would have the opportunity to buy it in its early days. And as such, would benefit significantly from any future pump.
Stake $KOM and win some interesting rewards
KOM token holders will also be able to stake their tokens and earn an interesting yield on the Kommunitas platform and other partners’ platform.
In other words, holding $KOM qualifies you to stake and win some interesting rewards on every platform that supports Kommunitas
A chance to buy tokens at the first-hand price
Every now and then, token projects get launched on the Kommunitas platform. By holding $KOM, you give yourself the rare chance of buying new tokens at the first-hand price (i.e., as soon as they launch).
For those who may not understand the implication of this, let’s give a real-life example. 1 ETH cost only 0.3usd on its ICO in the year of 2014? It’s 10.000x if we compare it to the price now. That’s the power of purchasing tokens at a first-hand price.
Guaranteed token allocation
On most launchpads, when a new token project launches, only holders with a minimum number of the platform’s token are allocated the new token. For example, let’s say the platform’s token is called XXX. When a new token project launches, the rule of the launchpad might be that only holders with up to 1 XXX can buy the new token.
On Kommunitas, however, it is not like that. Everybody is entitled to a newly-launched token, regardless of their existing token wallet size.
Summarily, by staking KOM, users 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.
Interesting related article: “What is a Cryptocurrency?“