The Kings Card and the Roundtable
We solve two major problems for project tokens which have communities and need revival:
PROBLEM: Crypto project founders disappear, holders are left powerless—unable to change tokenomics, incentivize communities, or manage the fate of their investment in other ways. There's currently no way to rescue and revive a project because you don't own the contract.
SOLUTION: The Roundtable Smart Contract brings a solution that empowers communities to revive or energize projects without touching the original code. This smart contract issues "Roundtable NFTs" — "cards" you acquire based on financial contribution to the Project Roundtable Treasury. The treasury is for token buys and other costs such as marketing. With these tokens in escrow, as controlled by the Roundtable Smart Contract, The different and separate Kings Card Smart Contract is activated to gamify and revive the project.
All member investors together are called, "The [project] Roundtable". The Roundtable decides how to use the pooled funds for rewards, buybacks, DAO voting, and promotion. Everything is governed by transparent, on-chain rules. There is one Roundtable per project.
PROBLEM: After a crypto project loses momentum and the price action drops 97%, it's nearly impossible to reestablish momentum. Even momentary price increases don't attract new buyers and existing buyers just dump whatever tokens they have. The project enters a coma.
SOLUTION: The Kings Card smart contract was created to increase liquidity, offer rewards and incentivize holding. The rewards system is designed to be easy to promote for influencers and designed to generate excitement and hope. In this way the smart contract attracts interest and new buyers and supporters.
The Kings Card smart contract watches the project's token purchases on chain. Rewards are issued in the form of redeemable NFTs or cards to random buyers. The awards are paid in the project tokens and redeeming the cards sells the tokens automatically for SOL or USDT. These token rewards come from the Roundtable Escrow account and are locked up to the redeemable cards.
Project token rewards are handled through three card types:
- Auto-Redeem Cards: Tokens sold after a fixed period, then profits sent to the holder.
- Flexible Cards: Redeem anytime (pro-rated rewards), or get full value by holding through the minimum time window.
- Legendary Cards: Hold and redeem within the indicated window for full value, after which rewards decrease.
On every win, a tax recycles back to the treasury for price support with more token buybacks. The number of cards are limited, but constantly recycled to keep the game alive as long as possible. This process brings life to forgotten memes, transparently and fairly—rewarding buyers and holders while the project reestablishing itself stronger.
At some point the token escrow account will zero out. By the time the token escrow is fully spent, Roundtable members will have exited with their returns (based on the Roundtable NFT Smart Contract), and the revived project continues on its own - under normal market forces.