EXIP x Kommunitas

Exip
3 min readDec 18, 2021

EXIP IDO on Kommunitas

EXIP x KOMMUNITAS

We are joining hands with Kommunitas network and happy to announce our IDO (Initial Decentralized-Exchange Offering) on the Kommunitas launchpad, taking place from 20th of December, 0900 hrs (UTC). The platform serves as a decentralized and tierless launchpad on the Polygon chain. A true solution for Multi-chain oriented projects, aiming to expand the fundraising horizon and defeat single-chain limit. The community uses a native token $KOM, which enables voting privileges of members. The platform helps the projects in marketing, auditing, and listing functions.

IDO on December 20th, 0900 hrs (UTC)

EXIP IDO on Kommunitas is planned at 2–3 stages, releasing a total of 5,555.5 EXIP Tokens which are worth of $100,000.

WHITELIST

The whitelist registration process is open now. The whitelisting process selects 5 users to take part in the Booster-1 round of the IDO. There are 10 ways to enter the whitelist as instructed in the link below:

https://givelab.com/wlexip/kom-x-exip

The Whitelist Giveaway registration ends on the 19th of December at 1400 hrs (UTC). The winners of the whitelist will have a promised slot to participate in the IDO from 0900–1300 hrs (UTC) on the day of IDO.

First Round: Booster 1

This round opens at 0900 Hrs (UTC) on the 20th of December and ends at 1300 hrs (UTC) on the same day. The users to participate in this round needs to stake $KOM tokens in the platform via the link below:

http://staking.kommunitas.net/

This round allows the community members of Kommunitas to stake and secure a slot in the IDO, hence this is also known as IKO (Initial Kommunity Offering). EXIP Tokens could be bought for 18 USDC in Booster1.

Second Round: Booster 2

The Booster-2 round will normally start 1–2 minutes after Booster-1. This time it is estimated to start at 1300 Hrs (UTC) on the 20th of December and ends at 1700 hrs (UTC) on the same day. A user can have the same percentage of allocation on the unsold tokens remaining after Booster-1. The price of the EXIP Token is estimated at 18 USDC.

Third Round: FCFS/Booster 3

The Booster-3 is estimated to start at 1700 Hrs (UTC) on the 20th of December. Any unsold token from the Booster-2 round will be allocated to be purchased on ‘First Come — First Served’ basis. The price of the EXIP Token in this round is marked at 19 USDC. The rounds end at 2100 Hrs (UTC) on the same day. The decision on minimum/maximum buying allocation will be taken one hour before the FCFS round.

Kommunitas x EXIP IDO Summary:

Booster 1

· Start: 20th December, 9 AM UTC

· End: 20th December, 1 PM UTC

· Price: $18

Booster 2

· Start: 20th December, 1 PM UTC

· End: 20th December, 5 PM UTC

· Price: $18

FCFS Round

· Start: 20th December, 5 PM UTC

· End: 20th December, 9 PM UTC

· Price: $19

· Min Buy / Max Buy: TBD 1 hour before FCFS starts

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