Kommunitas

Kommunitas

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Created using Figma
IS THE FIRST LAUNCHPAD ON . WE ARE BRIDGING THE WORLD TO THE BIGGEST PROJECT IN THE MOST ECONOMICAL CHAIN ON CRYPTOCURRENCY SPACE.
IEO
Jun 17, 2021
Jul 15, 2021
100% completed
Raised funds - no Data
past
Token Details
Ticker
KOM
Additional Details
Categories
Platform

About Kommunitas

The last few years have seen a plethora of blockchain projects emerge with varied visions and ambitions. Blockchain projects are based on three core facets: decentralization, security, and scalability. o Decentralization: The redundancy in the network that ensures a few entities do not centralize their powers to control the network. o Security: The ability to protect the data held on the blockchain from different attacks. It can also mean blockchain’s defense against doublespending. o Scalability: the ability of the blockchain to accommodate a higher volume of transactions without faltering by increasing fees and transaction times. However, most blockchain projects are facing what Ethereum co-founder Vitalik Buterin described as “Blockchain trilemma”- the inability of blockchain to fulfill all the three most important concepts of decentralization, security, and scalability at ago. It addresses the challenges developers face in creating a blockchain that is fully decentralized, secure, and scalable at the same time, without compromising on any facet. As such, developers are forced to make trade-offs by letting go of one aspect of the three core concepts, hence the inability to achieve the three concurrently. For example, a blockchain that is highly decentralized and secure will have to compromise on its scalability ambitions.
For many industry players, overcoming the blockchain trilemma is an impossibility, at least in the near future. This has led to many issues related to data privacy, network congestion, transaction cost, ease of use, and ease of integration into traditional services. The net impact is the constrained community of builders in the blockchain ecosystem.
We can highlight a few major blockchains experiencing blockchain trilemma. Ethereum: The leading blockchain in terms of decentralization and security is one of the projects that continue to struggle with scalability issues. The inability to scale has made Ethereum not only slow but also expensive for users. For example, Ethereum has faced multiple problems in the wake of the rise of Decentralized Finance (DeFi) applications on its ecosystem, significantly pushing the transaction fees to a point where it became prohibitive for many people to interact with the platform.
Bitcoin: A blockchain that emphasizes decentralization and security over scalability.
Ripple: A payment solution provider blockchain prefers security and scalability
over decentralization. Binance Smart Chain (BSC): An emerging blockchain that is solving the scalability issues at the expense of decentralization. BSC is obviously a ‘corporate chain’ whose validation process has been termed as shady with suspiciously low fees. Others such as Houbi Eco Chain and Matic Network, are born and constantly growing to bring solutions to the problems with the two largest smart-contractbased chains. As you can see, there is not a winner as each of them is valid for some reason or the other, and investors move their capital by choosing the one that fits better with their ideologies and needs. But blockchain trilemma is often just stated as a rule, which is not the case, as has been shown by many emerging projects that manage to achieve the three facets of decentralization, security, and scalability. When it comes to a new project and its sale phase, the similarity of the blockchains and the single-chain limit make it limited to having to choose which chain to base its work on, giving up the benefits of a Multi Chain based sale, as well as limiting investment opportunities for people on other blockchains.Enter Kommunitas, the world’s revolutionary protocol focused on changing the game, completely!

Kommunitas Roadmap

  • Q1 2021

  • Build Team. Feasibility Study. First Line of Coding. Design Tokenomic and Whitepaper.
  • Q2 2021

  • Smart Contract Security Audit. Token Private and Public Sale. Launch Kommunitas Platform.
  • Q3 2021

  • Listing on CoinMarketCap.com and CoinGecko.com. Listing on Centralized and Decentralized Exchange. IDO Platform. Launch Staking Program and First Launchpad Project.
  • Q4 2021

  • Launch KOM Wallet. Finalizing UI/UX for Kommunitas Platform. Activate Governance Protocol.
  • Read More
  • Q1 2022

  • Organizing Hackathon on Smart Contract and Platform. Research on multi-chain cross-protocol.

Activity

Followers:
65 227
VERY HIGH
Tweets:
436
HIGH
Fake Users Detected:
4.70%
30 Days Growth:
684

Kommunitas Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Andrew C
CTO
unverified
Vernan M
CEO
unverified
Josephine L
CMO
unverified
Robbie J
Business Development Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Abhimanyu S
Technology Advisor
unverified
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