Kung-Fu K9 (KFK9) White Paper
Kung-Fu K9 White Paper
We have included the White Paper for the Kung-Fu K9 coin in PDF format below. Press the button below to download and read your copy now.
PROJECT ABSTRACT
In envisioning a decentralized electronic cash system, direct peer-to-peer online payments would bypass the need for intermediaries like financial institutions. Although digital signatures play a role, their true value diminishes if we still rely on a central authority to prevent double spending. Our proposed solution tackles this issue through a peer-to-peer network. Transactions receive timestamps by being hashed into an ongoing chain of proof-of-work, creating an immutable record.
Inspired by the success of Bitcoin, Ethereum, Dogecoin, Shiba-Inu, and Pepe, Kung-Fu K9 token would focus on building a strong community that has a say in the direction the project is heading to. $KFK9 is a decentralized community-driven cryptocurrency project that is aimed at bridging the best of several other crypto projects into one single project. Being built on the Ethereum ERC-20 blockchain, it is aiming at becoming one of the leading peer-to-peer digital currency, as well as aiming at providing strong returns on long term investment for investors and early adopters through a unique value proposition and community enrichment.
Centralization has been and still is a prerequisite for all official entities. Whether political, educational, or financial systems are, and have always been, crafted in a way that does not equally and ethically distribute power to those functioning within them.
Since the launch of the Bitcoin in January 2009, followed by the launch of Ethereum in July 2015, cryptocurrencies have come and gone, with one constant remaining, which is an ever-growing asset class with the potential to provide significant opportunities for investment returns. Little did the creators of the first MEME coin know at that time that the Crypto market would be divided into several classes, and that the MEME market would exponentially grow. By providing a unique value proposition, cryptocurrencies can be used in various industries and significantly and positively impact the market moving forward.
Centralization has and still plays a major role in our society and creates and maintains major inequality in this world. It strives to empower the already rich and powerful to all-time highs. This is something that bureaucracy, centralization and the uber-reach strive to do every day, to remain in power and control the mases and society. Every region and country have Anti-Trust laws to prevent monopolization and price gauging, however, these are apparently not functioning as they should, proving yet again that it is another broken system in society.
“Supreme excellence consists of breaking the enemy's resistance without fighting.” - Sun Tsu.
To tip the balance of today's centralization, monopoly, and the grip of the ultra-rich and powerful, more people must believe, support, and embark on the decentralization alternative...
INTRODUCTION
We have based our token around the dog-themed meme ecosystem, to be easily recognized, as a serious contender to stay. For a mascot, we chose the Husky which is a medium-sized working sled dog breed. The breed belongs to the Spitz genetic family. It is recognizable by its thickly furred double coat, erect triangular ears, and distinctive markings. It is an active, energetic, resilient breed, whose ancestors lived in the extremely cold and harsh environment of the Arctic. Initially used as sled dogs to work in the mining fields and for expeditions through otherwise impassable terrain.
We have chosen the Husky because we see a strong resemblance with our project. Having a double furry coat to protect against the elements, i.e. centralization and bureaucracy, big triangular ears to listen what the community is needing and wanting, and its energy which represents our drive to “break the wheel” And therefore, we have transformed our Husky into a Kung-Fu Wushu. The term Kung-Fu refers to any skill that is acquired through learning or practice. It is a compound word composed of the words: "work", "achievement", or "merit". We too want to achieve success and empower the community, through Kung-Fu, i.e. achievements and merits.
Inheriting the spirit of DOGE and SHIB lineage, Kung-Fu K9 is committed to making a positive impact, and take its place along the most prominent coins and tokens. Aligned with the principle of "Do Only Good Every Day," the token transcends the digital realm, channeling its influence to support charitable initiatives, community projects, and noble causes. By infusing purpose into the very fabric of its existence, Kung-Fu K9 takes its place as a symbol of benevolence and knowledge in a space often characterized by speculation.
The project’s initial goal is to create a strong supportive community. Afterall, the larger the community adoption, the better the token, and thus the community will be. The token will be initially available for presale, with bonus airdrops for early adopters who also stake their investment at the time of launch. It is expected to be launched through an Initial Coin Offering (ICO), followed by DEX platforms, and later CEX platforms.
Kung-Fu K9 encapsulates the vibrant essence of meme coins that have captured the imagination of the crypto community. With its roots intertwined with the iconic godfather Dogecoin, and later Shiba-Inu, which transcended internet culture, Kung-Fu K9 pays homage to this legacy while venturing into uncharted territory. By combining the allure of memes with the power of on-chain staking, Kung-Fu K9 carves a unique path which appeals to both enthusiasts and investors seeking novel avenues for growth.
TOKENOMICS
$KFK9 was be born in June of 2024, Website and socials went up before the end of May 2024, and the first stage of the private pre-sale started in June of 2024. We will be capping the total supply at: Three Hundred Fourteen Billion, One Hundred Fifty-Nine Million, Two Hundred Sixty-Five Thousand, Three Hundred Fifty- Eight, tokens. We specifically chose this number for several reasons. This number represents Pi at 12 digits.
This number not only represents irrational mathematical constant (meaning that it cannot be expressed exactly as a ratio of two integers) defined as the ratio of the circumference of a circle to its diameter. The constant, though irrational, is used throughout mathematics, especially in geometry and trigonometry. We too are trying to use irrational constants and logic to break the wheel of centralization and bureaucracy. Below you will see the projects tokenomics, as well as how we have envisioned the token distribution during the early stages of the project.
- ✅ Contract Address: 0x7b72e027950b5526c18aC4C51FDc4B7FCD7d2C7a
- ✅ Token Name: Kung-Fu K9
- ✅ Token Symbol: $KFK9
- ✅ Total Supply: 314,159,265,358
- ✅ Decimal: 18
- ✅ Block Chain: ETH20
- ✅ Purchase Tax: 1% (Not active during the Pre-Sale phase) *
- ✅ Sale Tax: 1% (Not active during the Pre-Sale phase) *
- ✅ Verification: Verified on Etherscan
- ✅ Mint Authority: Revoked
- ✅ Ownership: Renounced, immediately after launch
- ✅ Metadata: Update Authority-Revoked
- ✅ Audit: Verified and declared a Safe contract by CypherTech-Labs
- ✅ Staking: API +150% (not selling for at least 12 months)
- ✅ Buying: Buy $KFK9 with ETH during the Pre-Sale
* Both (sell and buy) tax charges are automatically added to the burn wallet and will periodically be burned. We have intentionally decided to do so, to reduce the supply and increase the token value.As a reminder, as soon as the token will complete the Pre-Sale, the Contract Ownership WILL BE RENOUNCED. This will effectively lock-in the taxation at 1%, as the contract has been written to only accept tax modifications by the owner, thus without an owner no more tax changes will be possible.
TOKEN DISTRIBUTION
Below we will describe the distribution and allocation of the token. We have decided to divide the total amount of tokens into several different categories and amounts based on percentages, as follows:
Presale: 55% (172,787,595,946 tokens)
The presale stage encompasses a substantial segment of the initial token allocation, cultivating a fair entry opportunity for early backers and investors. This distribution will enable individuals who resonate with Kung- Fu K9's vision and seek to actively engage in its trajectory right from the start. The presale will be done in 2 stages, a private sale for very early adopters, and a public, fair launch pre-sale through PinkSale platform.
The Pre-Sale distribution will be as follows:
- DEX Liquidity: 35% (60,475,658,581 tokens)
Acknowledging the significance of liquidity for a flourishing ecosystem, Kung-Fu K9 dedicates 35% of the total Pre-Sale tokens to furnish liquidity on decentralized exchanges. This endeavor enriches the trading encounter, reinforces price steadiness, and guarantees more seamless market operations.
- Marketing & Partnerships: 20% (34,557,519,189 tokens)
The remaining 20% of the Pre-Sale tokens are planned for marketing purposes, which are crucial to the future prosperity of Kung-Fu K9 will be an extensive expansion marketing initiative crafted to appeal to engaged meme coin traders and draw in enduring advocates, supporters and partners. Kung-Fu K9 will be prominently featured across all significant crypto traffic platforms of significance.
Treasury: 20% (62,831,853,072 tokens)
This reserve is designed to bolster the project's enduring viability and progress, furnishing financial backing for forthcoming initiatives and operational requirements. It is also used as a liquidity to give back to the long-term project supporters and token holders.
Burning: 25% (78,539,816,340 tokens)
A significant 25 percentage of tokens is allocated, and locked for burning, motivating holders to bolster the network's stability and expansion while receiving rewards. This allotment promotes active involvement and strengthens the community-centric essence of Kung-Fu K9.
TOKEN KEY FEATURES
- Peer-to-Peer Payment Currency.
- Transparent Governance, Community Driven Platform.
- Low Tax, and Transaction Fees and Fast Transaction Processing Times.
- Reward users for holding tokens and participating in the ecosystem, such as staking rewards or liquidity pool incentives.
- NFT Marketplace and Auctions.
- Token Upgradability to further diversify and reduce transaction costs.
- Decentralized Finance (DeFi) Integration.
- Burnability to increase value and scarcity.
- Portion of transaction taxes will be burned, and some donated to help rescue dogs.
EMPOWERING THE COMMUNITY
Kung-Fu K9's tokenomics structure is meticulously crafted to empower its community members, investors, and enthusiasts. Through a sensible distribution of tokens and a sustainable staking mechanism, the project aims to foster an ecosystem where active participation is rewarded, and long-term sustainability is ensured.
At the heart of Kung-Fu K9 lies an ingenious staking mechanism that empowers its holders to actively participate in the network while earning rewards. Through on-chain staking, holders contribute to the token's ecosystem stability, security, and growth, all while passively accruing additional tokens. This approach not only fosters a sense of ownership but also amplifies the token's utility, underscoring its potential as a dynamic and self-sustaining entity.
TOPICS TO VOTE ON BY TOKEN HOLDERS
Early adopters and buyers, will have the opportunity to vote on the following topics:
- What is to be done with the tax fee. Currently the strategy is to send all tokens charged (2% buy and 2% sell), to the Burning wallet, to be burned periodically. The alternative is to re-inject these tokes as additional airdrops, or higher APY % for the long-term investors and holders.
- When how often and how much tokens will be burned.
- NFT ideas and desires.
- Project and contract upgrades. holders, will be able to weigh in on what they would like to see next form the token.
- DeFi and Game-Fi integration. Holders, will be able to vote on what DeFi, and Game-Fi project $KFK9 token will participate in.
- Should not all tokens currently set aside for Marketing or any other pre-designated uses, be exhausted, token holders will have the opportunity to vote what will be done with these tokens.
These are some of the initial voting topics, and more will be presented online and on our social media, as the need arises. Voting will be setup on our website on an ERC-20 contract basis, where a user can only cast one vote, one time per topic. This is to make sure that there are no double votes irregularities, and no violations.
STAKING: UNLOCKING PASSIVE REWARDS WITH KUNG-FU K9
At the heart of Kung-Fu K9 lies an innovative staking mechanism that empowers the community to not only actively engage but also to generate passive rewards. By harnessing the power of your Kung-Fu K9 tokens, you can seamlessly participate in this rewarding staking ecosystem, where your tokens work diligently to bring you consistent returns.
Utilizing cutting-edge smart contracts powered by Ethereum, Kung-Fu K9 transcends its meme coin origins and evolves into a dynamic asset with the potential for substantial passive rewards. Staking your Kung-Fu K9 tokens will allow you to tap into a realm where your ownership goes beyond mere possession and transforms into a source of ongoing rewards.
STAKING TOKENOMICS: A LOOK AHEAD
Year 1: 2.5% based on the number of tokens a user/supporter owns, and stakes for a full year.In its inaugural year, Kung-Fu K9 rewards its early adopters who also stake with a significant allocation. By committing your tokens to the staking mechanism, you become an integral part of the network's security and growth, all while earning substantial rewards. This incentivizes early participation and fosters a robust staking community.
Year 2: 5% based on the number of tokens a user/supporter owns, and stakes for a second year.As the voyage advances, Kung-Fu K9's dedication to compensating its early adopters who also stake remains steadfast. The subsequent year maintains a commitment to providing rewards for staking, albeit at a marginally decreased pace. This sustainable strategy guarantees the prosperity of the staking ecosystem while adjusting to the changing dynamics of the cryptocurrency landscape.
Rewards and benefits, for holders, committed to the long run for 3+ years, will be put to a vote, after the first- year post launch. Putting this to a vote, will further empower the user and community to decide on desired rewards and benefits. Airdrops from the Treasury wallet could be used as reward, based on tokens held.
SEAMLESS STAKING EXPERIENCE
Interacting with Kung-Fu K9's staking system is simple and user-friendly. Utilizing intuitive interfaces and intelligent contracts, you can stake your tokens effortlessly, immediately becoming involved in the network's progression. By staking, your Kung-Fu K9 tokens holders will play an active role in safeguarding the network and validating transactions, receiving rewards in exchange.
EMPOWERING THE COMMUNITY
Kung-Fu K9's staking system exemplifies the project's dedication to its community. By engaging in staking, you not only bolster the network's resilience but also gain access to a dependable stream of passive rewards. As time progresses, this staking ecosystem will thrive, connecting active involvement with financial advancement.
SEIZE THE OPPORTUNITY: STAKE AND PROSPER
Through Kung-Fu K9's staking system, your tokens transform from static assets into dynamic instruments that serve your interests. By staking and earning rewards, holders adhere to the project's principles of innovation, community involvement, and the pursuit of worth. Join the Kung-Fu K9 community in unlocking the genuine potential of your tokens through the influence of staking.
$KFK9 PRE-LAUNCH
- - Available on a 2-stage each 30-day, low-cost Pre-Sale Initial Coin Offering (ICO).
- - Available to buy with ETH, USDT, or FIAT (USD).
- - Early adopters will benefit from bonus airdrops post launch, based on initial investment.
- - Following the end of the private Pre-Sale, we will be holding a public fair-launch Pre-Sale on PinkSale.
DEX and CEX LISTINGS
Kung-Fu K9, will initially be available on Uniswap and or Pancakeswap. Shortly after, it will be available on other DEX, platforms. CEX platforms will want to list the token after seeing its success and popularity. This will be made possible in part with the marketing revenue generated form the Pre-Sale.
UTILITY, USE CASES AND FUNCTION
As additional use cases and functions will be added along the way, as the initial, launch use utility, the token will have, is to function as an investment and payment for goods and services, online and in person. Envisioned future uses are (but not limited to) partaking in the lucrative DeFi and Game-Fi opportunities and engaging with the growing blockchain gaming community; accessing advanced financial instruments such as staking, lending, borrowing, and liquidity mining; taking part in the upcoming metaverse revolution through NFTs.
UTILITY, USE CASES AND FUNCTION
As additional use cases and functions will be added along the way, as the initial, launch use utility, the token will have, is to function as an investment and payment for goods and services, online and in person. Envisioned future uses are (but not limited to) partaking in the lucrative DeFi and Game-Fi opportunities and engaging with the growing blockchain gaming community; accessing advanced financial instruments such as staking, lending, borrowing, and liquidity mining; taking part in the upcoming metaverse revolution through NFTs.
In sum, $KFK9 promises to transform into a DeFi powerhouse. With any luck, and support from the community we'll be able to readily compete with many of the top smart contract coins and tokens in the current blockchain environment.
In the near future, $KFK9, will also be looking to partner with business, entities, and or other cryptocurrencies which would produce a bilateral benefit.
NFT MARKETPALCE AND AUCTIONS
$KFK9 will offer unique NFT's which are specifically designed either by or for the community, based on community various interests. These NFT's will be available for sale in the cons NFT marketplace and will conform to the ERC721 protocols, as this protocol is widely accepted by marketplaces and metaverses.
Roadmap to Kung-Fu K9 ($KFK9) Success
$KFK9’s road map is divided into several phases. It is done so to increase the launch efficacy and be able to adjust based on community support and interaction. An exact plan will not be made public, to maintain our advantage over other projects in this highly competitive environment. Continuous updates and new features will be made available as soon as they become available.
PHASE 1 - PRE-PROJECT LAUNCH
- Initial Coin Offering and Airdrop Research
- Token Code Development
- Whitepaper Development
- Website Development
- Creation of Social Media Accounts and Campaigns
PHASE-2 - PRESALE AND MARKETING
- Kung-Fu K9 begins its journey by ensuring a level playing field for all investors through a fair and transparent two-stage presale. A portion of the funds raised during the presale will be dedicated to a continued professional and comprehensive marketing strategy. This strategy will lay the groundwork for broader awareness and adoption, setting the stage for the token's future growth, while the significant portion of the presale, will be dedicated to the liquidity pool.
PHASE-3 - EARLY STAKING INITIATIVES UNLOCKED
In this phase, the early supporters, buyers and investors of Kung-Fu K9 from the presale will be offered a unique opportunity. They will have the chance to stake their tokens directly into the smart contract even before the official DEX listing day. This strategic move is designed to provide them with a high, early Annual Percentage Yield (APY) advantage, setting the tone for the token's staking ecosystem. Tokens removed prematurely from staking will forfeit the staking rewards and APY.
PHASE-4 - PRESALE TOKEN CLAIMING
During the presale, early adopters will automatically receive their $KFK9 tokes, (unless they are being staked). To ensure an equitable launch, presale buyers and investors who stake their Kung-Fu K9 will be granted the ability to claim their tokens simultaneously with the Uniswap listing. This simultaneous release will foster trust and maintain the integrity of the project, ensuring that all participants have an equal footing in the token's distribution.
PHASE-5 - DEX LAUNCHES
The eagerly awaited moment arrives as Kung-Fu K9 unveils its presence on Uniswap, the largest decentralized exchange globally. This deliberate selection of platform ensures a smooth trading experience for users, providing them with the optimal environment to purchase, sell, and engage with Kung-Fu K9. The initial liquidity furnished by the Uniswap listing will establish a robust basis for the token's market visibility.
PHASE-6 - ALLOCATED LIQUIDITY PROVISIONS
Continuing the commitment to establishing a robust ecosystem, Kung-Fu K9 team will dedicate a significant portion of its resources to adding liquidity to the Uniswap pool. This liquidity provision is made possible by allocating 25% of the total token supply. This move ensures that the token maintains healthy trading volumes and minimizes potential volatility, safeguarding the interests of both early and future investors.
PHASE-7 - LONG-TERM STAKING FOR PASSIVE REWARDS
As Kung-Fu K9 establishes its presence in the crypto space, the focus shifts to ensuring sustained value and rewards for its holders. The Kung-Fu K9 staking contract, inspired by the original DOGE and SHIB emission schedule, is activated. This feature enables token holders to engage in long-term staking, generating passive rewards based on a proven and trusted model.
LOOKING AHEAD - A FUTURE OF INNOVATION AND IMPACT
As Kung-Fu K9 advances along its roadmap, it steadfastly adheres to the ideals of equity, creativity, and community involvement. The path ahead assures advancements in the token's functionality, broadening its influence, and fostering constructive impacts on the cryptocurrency domain. Together, we pave the way towards a more encompassing and thriving blockchain future.
Kung-Fu K9 envisions a future where innovation meets compassion, where meme-inspired tokens evolve beyond internet trends, and where passive rewards generation intertwines with meaningful contributions. As the crypto landscape continues to evolve, Kung-Fu K9 stands ready to redefine norms, challenge conventions, and lead the way towards a more inclusive and impactful blockchain ecosystem.
PROJECT SOURCES OF INFORMATION
Website URL: https://kfk9-coin.io
GitHub Project URL: https://github.com/KFK9-Labs
Twitter Profile: https://twitter.com/KFK9_Coin
Discord: https://discord.gg/7384aCSz
Telegram: https://t.me/+jJ08BbgxDMk3YzMx
Instagram: https://instagram.com/kfk9coin
Facebook: https://www.facebook.com/kfk9coin
DISCLAIMER
The content presented in this whitepaper is specific to Kung-Fu K9 ($KFK9), a distinct cryptocurrency token inspired by the meme coin universe featuring the DOGE and SHIB motif and integrating on-chain staking functionalities. Kung-Fu K9 is devised with the aim of adhering and improving upon the ethos of Doing Only Good Every Day.
It is essential to acknowledge that Kung-Fu K9 ($KFK9) is an unique venture and is not affiliated with, supported by, or connected to the original Dogecoin and or Shiba-Inu cryptocurrency token.
We, the creators, have decided to remain anonymous. We will remain actively involved with the project, to further enhance, and improve the token as it matures. The author of this white paper and token shall be known as Satoshi Wushu. The team behind this token shall be known as KFK9-Labs.
This whitepaper does not serve as financial counsel or endorsement, but rather serves as an informative script into the background, function, and future of this cryptocurrency token.
Like any investment, there are inherent risks, and individuals should conduct thorough research independently before engaging in any investment.
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