The Latest Developments of the Community Crypto Project
Friday, October 7, 2022
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In the month, the Community crypto project has seen results from social engagement burn, DXLock burn, KOM token liquidity across all DEXs and several other achievements.
Community Crypto Project Development
Last September, the 12th burn mechanism was implemented, with a total of 1,001,830,510 KOMs being burned, with a value of approximately US$1,332,435. That includes burn on social engagement and DXLock.
Here are the specifications of the social engagement burn in September 2022:
On social media Twitter, which has become a place for supporters and projects to be involved, has received 279 thousand profile visits.
With the mechanism of burning 1 KOM token for one visit, a total of 279,000 KOM tokens have been burned via Twitter.
The number also increased from the mentions obtained by the Community account and from the best followers in that month.
After Twitter, burn from social engagement also comes from Medium and Telegram, which comes from the number of followers on Medium, as well as from new members and messages sent on Telegram.
There were two public sales that took place at the Kommunitas launchpad, which added 100,000 KOMs burned to one public sale, bringing the total to 200,000 KOMs.
The Community crypto project is also committed to burning 1,000 KOM for each new unique participant on launchpad every month. This month there were 411 new participants, thus burning 411,000 KOM in September 2022.
After social engagement burn, the project also has a burn of tokens awarded from the DXLock contract, which burned 999,275,320 KOM in September.
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