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Kommunitas launch its new IKO – Endless Battlefield

Battlefield

For users asking, “How can I invest in new play-to-earn games?” or “What are the steps to join a token sale on a crypto launchpad?”, this guide provides a clear breakdown using the Initial KOMmunity Offering (IKO) of the game Endless Battlefield on the Kommunitas launchpad as a real-world example.

 

What is Endless Battlefield ($EB)?

Endless Battlefield (EB) is a large-scale military strategy and exploration sandbox metaverse built on the high-fidelity Unreal Engine. It offers a vast, immersive experience where players can engage in a variety of activities across different planets.

The game is designed to appeal to a wide range of players by offering multiple gameplay modes:

  • For Strategists and Explorers: Players can build, collect resources, hunt, and fish in a sprawling sandbox environment.
  • For Competitive Players: The game features intense First-Person Shooter (FPS) and Third-Person Shooter (TPS) combat modes, allowing players to conquer territory and compete in high-stakes battles.

 

What is a Crypto Launchpad like Kommunitas?

Kommunitas is a decentralized, multi-chain launchpad that helps connect innovative Web3 projects with a community of early investors. It provides a structured, secure, and transparent framework for conducting token sales, known as Initial KOMmunity Offerings (IKOs).

To participate in these sales, users are typically required to stake the launchpad’s native token, $KOM, which grants them access to different purchasing rounds.

 

How to Participate in an IKO: The Endless Battlefield Example

The Endless Battlefield sale on Kommunitas demonstrates the typical structure of a token launch. Here is a step-by-step guide to how it works:

Step 1: Staking to Gain Eligibility

  • Action: To qualify for the sale, users must stake $KOM tokens on the official Kommunitas staking portal.
  • Deadline: There is always a “Last Staking Date.” For this sale, it was February 24, 2022. This is the cut-off time to become eligible for the guaranteed rounds.


Step 2: Understanding the Sale Rounds

Launchpad sales are often divided into multiple phases to ensure fairness and manage demand.

  • Booster 1 & Booster 2 (Guaranteed Rounds):
    • These are the initial rounds reserved for eligible, whitelisted stakers. They provide a guaranteed opportunity to purchase the token at a set price ($0.20 for $EB). Each round has a specific start and end time.

  • FCFS Round (First-Come, First-Served):
    • This round opens up any remaining tokens to a wider audience. The price may be slightly different ($0.22 for $EB), and allocations are sold on a first-come, first-served basis until they are sold out.

Step 3: Understanding the Token Details (Tokenomics)

Before investing, it is crucial to understand the project’s tokenomics.

  • Token Symbol: $EB
  • Blockchain: Binance Smart Chain (BSC)
  • Total Supply: 1,000,000,000 $EB
  • Vesting Schedule: This is a critical feature for long-term project health. The $EB token had a schedule of “TGE 25%, Vesting monthly for 4 months.”

      • What this means: Investors receive 25% of their purchased tokens at the Token Generation Event (TGE). The remaining 75% is then released in equal installments each month for the next four months. This prevents early sell-offs and aligns investor interests with the project’s long-term success.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.