Kommunitas x Dark Verse Priority IKO Details

Kommunitas Priority Project Upcoming IKO Sales – Darkweb Metaverse

Greetings KOMmunity! Brace yourselves for some exciting news! We’re elated to unveil our next Kommunitas Priority Project. For our newcomers, you’re not left out—simply click on this link to get acquainted with our Priority Projects’ specifics. Coming up next is our remarkable endeavor, -Darkweb Metaverse! Keep an eye out for what promises to be an enthralling adventure!

What is Darkweb Metaverse?

The Darkweb Metaverse, crafted on a unique platform, empowers users to design avatars and explore a vibrant virtual realm. Within this domain, one can share a diverse array of content, from videos to text, promoting genuine interactions. Integrated features like chat, voice, and video conferencing streamline communication. Especially noteworthy is the metaverse’s advanced video playback, which mirrors the user-friendliness of platforms like YouTube and Twitter, and amplifies immersion and facilitates lively content discussions among users.

Some of the $DARK token utilities include:

1. Token for payments on websites and DarkVerse.

•  Purchase NFTs that are not listed on other marketplaces
•  Used for payments in the Metaverse.

2. Functionality:

• <5% swap tax.
• No post-launch minting or recovery.

3. Transparency for holders.

• Gas for transactions on our DEX.

You can learn more about Darkweb Metaverse by checking out their whitepaper. More details, insights, and activities will be shared across both Kommunitas and Darkweb Metaverse channels or discord.

IKO SUBSCRIPTION TIMELINE

Darkweb Metaverse TOKEN SALE DETAILS

Let’s dive into the specifics of the Darkweb Metaverse IKO schedule on Kommunitas:

Booster 1 Round – August 29th, 2023 at 9 AM UTC – 5 PM UTC

• Participation is exclusive to voters and whitelisted addresses only.
• Ensure you have KOMV tokens to cast your vote. A guide here is available here to assist you in acquiring $KOMV tokens.
• Your allocation in Booster 1 is directly proportional to the amount of KOM tokens you staked – the more you stake, the higher the allocation.
• This is guaranteed allocation rounds, you don’t have to rush. You’ll have ample time to purchase your allocation.

Booster 2 Round – August 29th, 5 PM UTC – August 30th, 1 AM UTC

• Only voters (excluding those on the white list) are eligible for this phase.
• The allocation for Booster 2 is determined by the leftover tokens from Booster 1 that were not sold.
• This is guaranteed allocation rounds, you don’t have to rush. You’ll have ample time to purchase your allocation.

Booster 3 Round (FCFS Round) – August 30th, 1AM UTC – 9 AM UTC:

• The round is accessible to all participants who’ve staked a minimum of 100 $KOM.
• The process operates on a ‘First-Come, First-Served’ basis.
• The minimum and maximum ticket size will be calculated once the Booster 2 rounds have concluded.
• Please note that a 3% non-refundable fee will be applied to your purchase amount in this round.

Booster 4 Round (Community Round) – August 30th, 10AM UTC – sold out

• Everyone is welcome to participate (both stakers and non-stakers).
• This round only takes place if there are remaining tokens from the Booster 3 round.
• The allocation is based on the ‘First-Come, First-Served’ principle.
• Booster 4 rounds remain open until all tokens are sold out or until the day prior to the token listing.
• Please note that a 5% non-refundable fee will be applied to your purchase amount in this round.

KOMMUNITAS REFUND POLICY

In order to enhance investor protection, we’re introducing a refund policy at Kommunitas. If, post-listing, the token price falls below the Initial KOMmunity Offering (IKO) price for over 24 hours within a 48-hour timeframe, we will offer a full refund option to the IKO participants. We’ll verify this by referencing the Dextools H1 chart for tokens listed on both DEX and CEX, or the larger CEX’s H1 chart for tokens listed across multiple CEXes.

In simple terms, we’ll check the token’s hourly chart and draw a line at the IKO price. If more than 24 out of 48 bars show the opening and closing price below the IKO price, we consider the project has failed to maintain its price, triggering a full refund option. If fewer than 24 bars are below the IKO price, the project has had a successful listing, and we’ll release funds based on the initial vesting percentage. However, the project still needs to ensure the price doesn’t fall below the IKO price for 3 consecutive days until 50% of their tokens are unlocked. This rule doesn’t apply to non-Priority Projects or projects with an initial vesting schedule of 50% or more.

Here’s your guide to participating in the Darkweb Metaverse Initial KOMmunity Offering (IKO) on Kommunitas!

1. Acquire KOM Tokens:
   Your first step is to purchase KOM tokens, which are integral to participating in the IKO. If you’re unsure about where and how to purchase $KOM tokens, don’t worry! Check out the following link for a comprehensive guide:

Link: https://docs.kommunitas.net/exchanges-1

2. Stake Your KOM:
   Stake your KOM tokens in any of our staking pools. Keep in mind that this is a locked staking scenario, but it comes with rewarding returns. You can check out our staking FAQs for more information: https://docs.kommunitas.net/faqs/staking-faq

3. Once you stake more than 3,000 KOM tokens, you’ll be awarded 1 KOMV (KOM Voting) Token. This will allow you to vote in Booster 1 of each Public Sale. For those interested in Private Sales, a minimum stake of 500,000 KOM is required.

4. Don’t forget, you need to stake and cast your vote before the end of the ‘Last Staking and Voting Period’, which is detailed in each upcoming project’s information.

5. Cast Your Vote
   Now that you’ve staked your KOM tokens, it’s time to vote for the project.

6. Grab Your Allocation:
   When the subscription window opens, you can purchase your allocation. Remember, the more KOM tokens you’ve staked, the larger the allocation you’re eligible for.