The Decentralized Meme Token Ecosystem - Litepaper - Kawakami
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Table of Contents 1. Abstract 3 2. Kawakami 3 3. Values 3 4. Longevity 4 5. Governance: The KawaDAO 4 6. Security 5 7. Liquidity 5 8. Ecosystem 5 6 10. $xKAWA Token 6 11. Products 8 12. Roadmap 10 2 KAWAKAMI Litepaper
1. Abstract 2021 has brought the largest bull run in cryptocurrency history, launching countless cryptocurrencies sky-high. The noise made by the price rallies attracted new investors, new developers, and more capital to crypto than ever before, taking the total cryptocurrency market cap into the trillions. With the increased attention being paid to the cryptocurrency sector, the development of new projects exploded. Among the new trends that emerged, one area of development made the biggest splash - meme tokens. While the number of new dog-based meme tokens skyrocketed, it became clear there was very little difference between them. None displayed a true use case, and the extent of token differentiation seemed to begin and end at the percentage of distribution. Until now, no dog meme coin has offered a true utility or value proposition that puts it head and shoulders above the rest. Enter Kawakami — the one-of-a-kind community-driven project aiming to be far more than just a meme token. Instead, Kawakami aspires to become the first ever decentralized meme token ecosystem with a native, decentralized community token - KAWA. 2. Kawakami Kawakami, born on May 13, 2021, is a new Inu project that has set its sights on becoming more than just another beta in the pack. Rather, KAWA token holders and developers are convinced Kawakami will become the mighty alpha — the pack leader, as is destined for one derived from Japanese wolves descent. Kawakami will bring order and leadership to the plethora of wandering Inus and give them a cryptocurrency ecosystem to call home. Not only will Inu tokens be welcomed, but the unique and passionate community members of Kawakami will be ready to welcome them in with open arms. 3. Values Kawakami is a natural-born leader. As such, it has three main values in mind — integrity, vision, and humility. These are the values that will guide the ecosystem and allow Kawakami to create the most inclusive, serving, loyal, and powerful community in the sector. Kawakami also aims at being fully transparent, fully community-driven, and completely trustworthy. We believe that this approach is the key for longevity - not only for Kawakami and KAWA - but the entire Inu family. 3 KAWAKAMI Litepaper
4. Longevity Kawakami has a noble ambition - to be more than just a passing cryptocurrency project that will disappear in a few months, never to be heard from again. Our goal is to be here for the long run - to watch the cryptosphere grow, mature, become adopted, and eventually take over the world of finance. We hope to be more than casual observers, however. Kawakami has the potential to be nothing short of the powerhouse for all meme tokens in crypto. As such, our team of highly experienced developers are constantly establishing new use cases, reformulating existing ones, and establishing key partnerships with token and their communities throughout the meme coin space. All the while, the community will continue to flourish, earn, and reap the full extent of what the crypto, and DeFi industry in particular, have to offer. 5. Governance: The KawaDAO Kawakami is fully decentralized, meaning as a community member, you call the shots as to what the future of the project will look like. We value “idea meritocracy”, listening and acting upon all the best ideas, no matter where they come from. Best of all, Kawakami is completely inclusive and willing to accept anyone who wants to join its ever-growing family. It is with these values in mind that we will create KawaDAO, the core governance structure for Kawakami. Although the team are dedicated to establishing a solid foundation for the project, they also recognize the importance of upholding the standard of decentralization and will hand over control of the project’s future to the community in due course. To do this a third party end- to-end Decentralized Autonomous Organization (DAO) platform will be utilized to enable our community of investors to create and vote on proposals regarding the governance of Kawakami. Eligibility to participate in voting procedures will be granted by holding xKAWA, the project’s governance token. 6. Security Trust is mission critical to the long term success of Kawakami. As such, we acknowledge that security will play an integral role in our success. This is why Kawakami Inu began the project by conducting a comprehensive security audit by an industry leading third-party blockchain solution and tech company, TechRate. The audit was completed in May 2021, and we are pleased to say that Kawakami passed all critical and non-critical checkpoints with flying colors. The company searched for low severity, medium severity, and high severity issues, finding none. Token contract All the contracts have passed externally conducted audits by InterFi Network with no issues in the code identified. The contract audit reports can be found at the end of this whitepaper. 4 KAWAKAMI Litepaper
7. Liquidity As mentioned, Kawakami is fully dedicated to its community, and our goal is to always ensure the community members feel as safe and secure as possible. To best facilitate this, we locked the initial liquidity on Uniswap for 6 months on the Unicrypt platform. That means that you will always have the ability to trade, with a 0% chance of being the victim of an exit scam. The liquidity lock will be extended as we get closer to the unlock date. We also strive to add more liquidity to our pool in order to increase price stability, and have added more funds to our liquidity pool several time since the launch in September. 8. Ecosystem The goal of the Kawakami ecosystem is to create a new, modern, and state-of-the-art platform dedicated solely to the growth of meme tokens. With the critical role that meme tokens have played thus far in the bull run (and likely ones to follow),the community has decided to pursue multiple product offerings, including: KawaFarm KawaFarm A novel meme token farming product, allowing you to earn residual income. A novel meme token farming product, allowing you to earn residual income. KawaSwap KawaSwap A decentralized exchange, functioning as a tool to swap meme coins for other tokens. A decentralized exchange, functioning as a tool to swap meme coins for other tokens. KawaSeed KawaSeed A venture capital fund enabling the Kawakami community to vote on and invest in early A venture capital fund enabling the Kawakami community to vote on and invest in early stage cryptocurrency project start ups, with returns being distributed back to the stage cryptocurrency project start ups, with returns being distributed back to the community. community. These products will allow the community to use KAWA, as well as many other memetoken family members for farming, redistribution, and much more. There is no better way to bring utility to the meme coin space and allow you to reap the rewards of holding your favorite meme coin. 5 KAWAKAMI Litepaper
9. $KAWA Token - The native token From its genesis, Kawakami has been a decentralized project led by the community. Even though the developer team has set the initial course for the project, Kawakami community members will play an integral role in shaping the token’s future journey. KAWA is the native and flagship token of the Kawakami project and products. KAWA is an ERC20 (Ethereum) token which was created via a fair launch with no presale, and no team (deployer) allocation. With regards to the utility of the KAWA token, it is intended that every Kawakami ecosystem component will be designed to involve KAWA in some way, either directly (e.g. within the product) or indirectly (e.g. via a buy back and burn mechanism). Tokenomics Total supply: 999,999,999,999 KAWA Total supply: 999,999,999,999 KAWA Liquidity: 10 ETH initial liquidity, locked on Unicrypt for 6 months Liquidity: 10 ETH initial liquidity, locked on Unicrypt for 6 months Team holdings: No (preloaded) original team (deployer) tokens Team holdings: No (preloaded) original team (deployer) tokens Launch: Fair launch on Uniswap, no presale Launch: Fair launch on Uniswap, no presale unctions: 3% total tax on buy/sell transactions, where 2% goes to development fund Functions: 3% total tax on buy/sell transactions, where 2% goes to development fund F and 1% is reflected directly to holders. No tax on wallet to wallet transfers. and 1% is reflected directly to holders. No tax on wallet to wallet transfers. 10. $xKAWA Token - The governance token While KAWA token is the native token of the Kawakami project and products, we envision one of the token’s main uses as a farming mechanism. More precisely, farming KAWA will reward users with a new reward token, xKAWA. The way this was imagined is for KawaDAO to see the issuance of xKAWA governance tokens, which will be earned by staking KAWA, as well as other popular meme tokens on the KawaFarm. A small amount will be reserved for future developments of the ecosystem, which will bring further value to both KAWA and xKAWA holders. As mentioned, the tokens will also be used for governance, giving token holders the ability to make novel proposals or vote on the proposals of others to benefit the KAWA community. Governance token holders will not only reap financial benefits, but will help drive the future course of $KAWA and its products. 6 KAWAKAMI Litepaper
As KAWA matures to a point where it becomes possible and appropriate, a share of revenue will be disseminated among governance token holders as well. This includes the following: 1. For every swap successfully conducted on KawaSwap and every staking or unstaking action performed on KawaFarm, a percentage of swap and staking fees will be allocated and distributed as KAWA, proportional to the holders’ xKAWA share. 2. As future products launch, additional revenue will come into play, making it increasingly profitable to be a governance token holder. 3. Token holders who engage in yield farming will also be able to stake any dog memecoin and subsequently farm xKAWA. Tokenomics Total supply: 500,000,000 xKAWA Total supply: 500,000,000 xKAWA Reward distribution for pools: 70% | 350,000,000 xKAWA Reward distribution for pools: 70% | 350,000,000 xKAWA Uniswap pool: 20% | 100,000,000 xKAWA Uniswap pool: 20% | 100,000,000 xKAWA Product development fund: 10% | 50,000,000 xKAWA Product development fund: 10% | 50,000,000 xKAWA Functions: 8% total tax on buy/sell transactions, where 4% goes to development fund Functions: 8% total tax on buy/sell transactions, where 4% goes to development fund and 4% is reflected directly to holders. No tax on wallet to wallet transfers. and 4% is reflected directly to holders. No tax on wallet to wallet transfers. This is just the beginning, and Kawakami is pleased to already report listings on some of the most well-known names in the industry, with our efforts already being dedicated to reaching additional platforms. 7 KAWAKAMI Litepaper
11. Products Kawakami is here to become an ecosystem for the entire dog/memetoken family and all tokens that it contains. To that extent, we are building a number of products that will give memecoins a purpose. Their communities will have a reason to come to us and be rewarded in a number of different ways for simply owning their tokens. While there is likely to be a number of smaller products in years to come, for the time being, we are mostly focusing on three major projects — KawaFarm, KawaSeed, and KawaSwap. KawaFarm As mentioned, KawaFarm will be our farming product, and also the one that we and our community are the most excited about. It will be a product that will allow your money to generate passive income, without you having to do anything but lock your tokens. The farm will operate in a very simple way. You get to bring your KAWA and favorite Inu memecoins ock them up, and start getting rewards. As well as KAWA, Version 1 of the KawaFarm will go live with dog-based memecoin tokens able to be locked to earn rewards including names like SHIB and KISHU. Version 2 will expand upon these offerings, enabling liquidity provider tokens to be locked and allowing smaller memecoin projects to join the KawaFarm. This may also include the ability for users from other projects to earn more of their own memecoin as well as xKAWA. We plan to harness this opportunity to build strong partnerships with other projects, thus gaining additional investor exposure for Kawakami Inu. Any listing fees will be used to fund further growth of the project. As explained earlier, participants in the KawaFarm will be rewarded with xKAWA, the Kawakami governance token. However, you will also be able to exchange them for many other cryptocurrencies, as soon as xKAWA gets listed on Uniswap, which should come around the launch of V2 of KawaFarm. The KawaFarm will usher in a new wave of cross-memecoin collaboration and allow investors from multiple projects to earn passive income in a single platform. The official KawaFarm V2 launch date is October 15, 2021. 8 KAWAKAMI Litepaper
KawaSeed We plan to launch a venture capital investment fund named KawaSeed. This will be governed by holders of xKAWA, who will propose projects for the fund to invest in and place votes to determine and direct KawaSeed investments. We will endeavour to obtain investment opportunities in the earliest stages of a project’s growth. Although there is no reason why KawaSeed could not invest in any early-stage project, regardless of their genre or use-case, we envision that KawaSeed funds will be deployed to back new memecoin projects. The ultimate goal is that we can grow our capital and reputation to the point that KawaSeed is recognized as one of the go-to venture capital funds for memecoins. As xKAWA holders will play a key role in the running of KawaSeed, it is intended that a share of revenue will be directed to them once the fund grows to point where this is appropriate. This point will be voted and decided on by the KawaDAO. KawaSwap The last of our great three products, but certainly not the least, is KawaSwap. As the name suggests, KawaSwap is going to be an exchange — a decentralized exchange, (DEX) . It will, of course, offer the ability to exchange any memecoin, and it will also create an opportunity for KAWA token holders by granting them a percentage of transaction fees, depending on how much KAWA they hold. So, as you can see, our entire ecosystem is oriented towards supporting memecoins and their communities, which we hope to unite into one massive memecoin community and grant everyone benefits, regardless of which Inu family member they have in their wallets. KAWA holders will, of course, be able to benefit the most in their native ecosystem. KawaSwap should also be expected in Q4, as 2021 starts approaching its end, but more information about the exact date and time of its release will be published in months to come. 9 KAWAKAMI Litepaper
12. Roadmap 2021 is the year of Kawakami’s birth, and also the year when we will do as much as possible to get everything up and running for the benefit of our community, as well as those of other memecoins. Our plan for the year is divided into four phases, which are as follows: Phase One PROJECT RELAUNCH Launch $KAWA Rebranding to Kawakami Relaunch the farm Relaunch $xKAWA Commence KawaDAO development & testing Contract audits Phase Two Product DEVELOPMENT KawaDAO launch Commence NFT development Commence KawaSeed development Team expansion Major marketing campaign Commence BSC Bridge development Phase Three PROJECT MATURITY Commence KawaVerse development KawaSeed launch Layer 2 deployment First CEX launch First NFTs launch Full whitepaper release We are very proud of these achievements and excited about all the new ones coming our way. 10 KAWAKAMI Litepaper
Useful links Official website Etherscan contract DEXTools Token contract audit GitHub Twitter Telegram Discord Instagram Medium Uniswap CoinMarketCap CoinGecko Liquidity tokens lock transaction KAWA moonsheet KAWA buy guide 11 KAWAKAMI Litepaper
Disclaimer Kawakami including but not limited to the overall project, the token, website, smart contracts and any apps (“KAWAKAMI”) as presented in this conceptual paper is not an licensed, unlicensed or exempted financial or payment service of any kind and in any jurisdiction. Any terminology used in this document, on the Website or within the app is intended only as a basic reference, without any effective or legal meaning of the same terms in a regulated and/or financial environment. KAWAKAMI is a fully and completely decentralized and community driven project and does not have owners, shareholders, promoters, marketers, managers, directors or other figures or entities exerting any form of overriding governance; the KAWAKAMI smart contracts are open- source, security audited, permanent and non-modifiable in any way. The KAWAKAMI token is a strictly utility token in any jurisdiction and is not and can not be considered as a security or otherwise a regulated token of any kind, is not in any way e-money and/or a fiat or asset backed stablecoin, whether global or limited in scope. This document taken by itself is not a contract or a contractual agreement of any kind, is not an invitation, solicitation or offer to invest in KAWAKAMI or acquire or use its KAWA or xKAWA tokens in any way and with any expectation of profit in any form. Any user of KAWAKAMI declares to have received appropriate technical, administrative, regulatory and legal advice before and after accessing and/or reading this document, the website and using any portion or element of KAWAKAMI (including any KAWA or xKAWA token therein) and accepts that there is an inherent high risk in accessing, acquiring or using any kind of blockchain and/or crypto system, token, platform, software, interface including KAWAKAMI and further acknowledges with full disclaimer for any community member directly or indirectly involved with KAWAKAMI, that there can be any kind of damage suffered, including total loss. 12 KAWAKAMI Litepaper
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