Kommunitas to Partner with Floki to offer FlokiFi Locker Protocol to its clients
Kommunitas will integrate Floki’s new and innovative crypto locker solution, FlokiFi Locker, into their Kommunitas Priority Projects criteria.
As an incubator, decentralized VC, and tier-less Launchpad, Kommunitas is the perfect solution for multi-chain oriented projects. Since November 2021, Kommunitas has helped over 70 projects in fundraising with $6.5M raised in total. On average their Initial KOMmunity Offering (IKO) projects launch with around $200K in liquidity.
Kommunitas x FlokiFi Locker
With this partnership, FlokiFi Locker will become the preferred crypto locker for projects using the Kommunitas premium launchpad. Locking liquidity with the FlokiFi Locker aligns perfectly with the Kommunitas Priority Project criteria. These criteria include but are not limited to:
Projects will have to provide liquidity in a 1:1 ratio in relation to Initial Market Cap (IMC). For example, if a project has an IMC of $500k, it will need to have $250k of liquidity in USDT + $250k of liquidity in the token.
- The liquidity of the token will have to be locked with FlokiFi Locker.
- The Team’s tokens will have to be locked up according to the vesting schedule. This includes any and all tokens for marketing, advisory, etc
This partnership will help investors identify Kommunitas projects that have passed their due diligence, and further establish FlokiFi Locker as the premier digital asset locker on the market.
Kommunitas is one of the fastest-growing launchpads in the crypto industry and has been featured several times in the media. This includes the “”Best Crypto Launchpad” Award at Crypto Expo Asia, 2022 in Singapore. Not only a Launchpad, Kommunitas also offers projects a wide range of funding from private to strategic rounds as well as a list of marketing services to boost the projects’ popularity. They will also be building a DEX in Q4 of 2022.
About Floki & FlokiFi Locker
FlokiFi Locker is a secure and innovative crypto locker solution that allows crypto project developers and individuals to quickly and securely lock Liquidity Pool (LP) tokens, NFTs, and fungible tokens. It is the only locker protocol to integrate the ERC-1155 standard.
FlokiFi Locker is one of Floki’s key utility products that is powered by the FLOKI token and backed by the strong Floki brand as well as several leading industry brands.
Floki is the people’s cryptocurrency and one of the most recognizable crypto brands, with an active partnership with a leading Formula 1 team and partnerships with 8 international football brands. These partnerships have exposed the Floki brand to a mainstream audience of billions of people.