- INTRODUCTION
- MISSION
- TEAM
- COMMUNITY
- TOKEN UTILITY
- TOKENOMICS
- SECURITY
- CONCLUSION
INTRODUCTION
This document contains all informations and necessary details about the project. Including the purpose, mission, accountability and roadmap of KING TOKEN. KING TOKEN was created on 16th June, 2023. It is an ERC-20 standard token built on Core Chain. It was created by a group of community members in the Core ecosystem who have dedicated their time and made much contributions in CoreDao. Because of the love we have for Core ecosystem we decided to come together and build our own project to revolutionize and enhance decentralisation. KING TOKEN is being based on the concept of transparency, participation, accountability, restrictions-removal and local power.
Our aim is to build a revolutionized and enhanced decentralised community in the Core ecosystem. We also aim to give investors the chance to invest with the little they can afford and get satisfactory returns. The ecological token of this project, KING, was created for the community to be used as means of payment, and make users feel confident when holding or trading it, as it is our own platform token.
KING TOKEN is for the people and by the people. Meaning the community owns it and not an individual. It was designed to be community engaged. We are making users kings on their own without any external control. To make investors and users stay with us, we are building a good utility for the token, with a a limited supply of 20,000 to maintain and increase demand. We are also giving users the chance to earn passive income just by holding minimum of 20KING and earning dividends in Usdt. KING TOKEN is here to contribute to the meme coin ecosystem on Core in a long term.
MISSION
Our main aim is to build a more enhanced Decentralized Autonomous Organisation (DAO) in the Core Ecosystem and crypto community as a whole. We aim to make users independent and enjoy the full rights and freedom without restrictions in the crypto space. With this purpose of creation, we make users feel safe and see themselves and others as equal. We are also preventing users from illegitimate scam incidents. Although we can’t guarantee that, but at least we are building something to secure the investments of users.
TEAM
The community members behind KING TOKEN are recognised as the team. But some individuals has been chosen as devs to help lead and manage the project. Infact, the whole community is part of the team. Because everyone contributes to the success of this project.
COMMUNITY
KING TOKEN recognise the engagement of the community as a key factor to progress and long-term growth of the project. We are one as a family. We engage with each other in many ways like frequently posting of updates, taking feedbacks, creating voting polls etc to get the ideas and suggestions of the community. Everyone is a king, no one creates rules for another. A king has all rights and privileges. Anything we do, it is being done equally and according to the suggestions of the community members.
We’ve also created social media channels and groups like telegram group, twitter etc to always have connection with the community through communication.
These social media groups are opened 24/7 for everyone to bring up his ideas and views. We believe without the community, there is no success. So our community is first priority when it comes to building. We believe through that, the project can achieve its goals and objectives.
TOKEN UTILITY
- A staking pool will be created for holders to get the advantage to stake and earn rewards.
- Nfts will also be created to be used as an identity for the community project. And also nft holders will have the rights to certain community activities.
- KING will be used as the platforms currency for peer-peer payments.
TOKENOMICS
● Presale: 30%
● Liquidity: 49.91%
● Staking rewards: 20.09%
Contract Address: 0x5a927d958CD6f20aA3E92eD6551c21CC0380dc7C
- Token Standard: ERC-20
- Chain: Core Chain
- Token Name: KING
- Symbol: KING
- Decimal: 18
Max Supply: 20,000
Total Supply: 20,000
TAX: Buy 4%. 1% for Marketing, 2% for Liquidity, 1% for Dividend.
Sell 8%. 3% for Marketing, 3% for Liquidity, 2% for Dividend.
SECURITY
● Liquidity is locked for 2years. May be extended later.
● Wallet limit is set to prevent whales from influencing the price of KING.
● Kyc and contract renounce will be done after all preparations are made.
ROADMAP
Phase One
■ Token Deployment
■ Presale (Fair Launch)
■ Dex Listing
■ Staking Pool Created
■ Kyc And Contract Audit
Phase Two
■ Nft Launch
■ Marketing
■ Partnerships
■ More Liquidity Added
■ Cex Listing
WHAT MAKES KING TOKEN UNIQUE
Crypto is decentralized. But even with this decentralized nature, there are individuals or group of devs that set rules for their respective communities. KING TOKEN rather is more enhanced in decentralisation. All members are independent, and events are carried out based on the suggestions of the community. Everything about KING TOKEN is transparent. Nothing is being hidden from the community members. And also KING, the ecological token will not only be used in the community, but will also be used as payment across other platforms.
COMMON QUESTIONS AND THEIR ANSWERS
- Why buy and sell tax?
KING TOKEN is a community project. So every funds comes from the community. We didn’t raise any funds for the project. The only funds raised was from presale which was used to provide liquidity for the token. Community members are not people who are financially stable. We are just trying our best to contribute to the development of the project. So marketing tax taken to be used to market and promote the project to attract more investors. And also is used to fix other important things about the project.
Liquidity is more essential in crypto. To make sure trading goes on smoothly, there needs to be enough liquidity. So liquidity tax is taken to secure the liquidity pool and make it thicker everytime. The liquidity tax taken is automatically deposited into the liquidity pool.
KING is dividend token. And we don’t want you to just hold, but hold and earn reflections. So dividends tax is taken to reward holders for their trust and also holding the token to contribute to the development of the project. Dividend tax is taken and automatically converted to usdt to reward holders with minimum 20 KING.
- When marketing?
Marketing starts after we’ve raised a minimum of $500. Because most of the community members are not financially stable to contribute so much, it will take some time to raise funds for marketing using the marketing tax generated from the token.
- When CEX listing
King will be listed on Cex after it has gained a minimum of $5million Market Cap.
CONCLUSION
Thank you for trusting and believing in this project. And be rest assured that, we will try as much as we can to provide the best for community. Everything we do in the KING TOKEN community is transparent. Not even a pin is hidden from the community. All we need is for the community to be happy and feel safe. Join the KING TOKEN community and be king of your life without any external control. Be in charge, cause a king makes rules by himself. Regards from the community. Thanks.
👑 KING TOKEN 👑 