How does the Roundtable actually work?
A New Meme Rescue Begins
- The community nominates an abandoned or undervalued meme token, such as $Peasant, for revival.
- A new Roundtable is formed for each project—the $Peasant Roundtable, then future Roundtables for other meme tokens. Membership is unique for each token project revival Roundtable.
Kings Cards NFT Sale and Investment Allocation
- Members buy Kings Cards NFTs to join the specific Roundtable (e.g., $Peasant).
- Each NFT purchase is transparently split into three main allocations:
- Reward Escrow: Funding used to acquire $Peasant tokens, which are held in escrow and later distributed as rewards to buyers and contributors.
- Progressive Unlock Vault: Additional $Peasant tokens are purchased and reserved for Roundtable members. These are earmarked for release at community-voted market cap milestones, ensuring that value is unlocked gradually as the token recovers—not all at once, but progressively as goals are met.
- Development & Operations: A portion covers the costs of programming, audits, administration, marketing, and infrastructure needed to establish, secure, and promote The Kings Card project.
All distributions and allocations are conducted transparently and are visible to all participants.
Governance & Missions
- NFT holders for each Roundtable gain voting rights and community privileges tied to their project.
- Members vote transparently on price thresholds and progressive unlock schedules for escrowed tokens.
- The DAO decides every detail: milestone criteria, reward mechanics, fallback procedures, and eligibility rules.
DAO-Governed Escrow & Progressive Unlocks
- The smart contract—using trusted price oracles—keeps escrowed $Peasant tokens secure and manages staged releases for Roundtable members according to pre-set goals (e.g., when market cap passes 100m, 200m, 500m, etc.)
- This ensures patient, milestone-based value realization.
Active Rewards and Drops
- As people buy $Peasant, King Card Roundtable members enjoy increased odds for random drops, airdrops, and bonus token awards—driven by their NFT tier and contribution.
- All odds, mechanics, and leaderboards are open source, fully auditable, and displayed in real-time.
Transparency and Accountability
- Every aspect—investment split, escrow holdings, card ownership, leaderboards, DAO voting, code audits, and unlock schedules—is published for the community.
- Development funding is tracked and reported, so every participant knows how their contribution is put to work.
Unique Memberships for Each Project
- Each Roundtable is specific to a given token rescue (e.g., Peasant, future memes). Membership does not automatically transfer; new missions mean new Kings Card NFTs and a fresh community vote.
- Active, project-specific Roundtables ensure focused investment, governance, and reward opportunities, allowing for ongoing, targeted meme rescues.
Cycle Repeats
- Once a mission completes or conditions change, a new rescue begins with the formation of a new Roundtable and new Kings Card NFT sale—each with its own governance, escrow, and deployment of funds.
- Previous Roundtable members retain on-chain records of their activity and rewards, ensuring full transparency and cross-project reputation.
Investment and Membership Structure
When The Kings Cards Roundtable forms for a new meme rescue (for example, $Peasant), each NFT sold splits the investment transparently into three primary areas:
- 1. Reward Escrow: A significant portion is used to buy $Peasant tokens, which are held in escrow and eventually distributed as rewards to buyers and contributors engaging in the revived community.
- 2. Progressive Unlock Vault: Another part is used to purchase $Peasant tokens reserved for unlocking value for Roundtable members. These tokens are released gradually as the $Peasant market cap hits predetermined and DAO-voted milestones, spreading rewards out and promoting long-term engagement rather than instant liquidation.
- 3. Development, Security, and Operations: The remainder funds programming, smart contract development and audits, marketing outreach, and the ongoing infrastructure behind The Kings Cards system.
Project-Specific Roundtables
Every token revival (e.g., $Peasant) has its own Roundtable of NFT holders. These members lead governance, receive rewards, and make mission-specific decisions.
When a new meme project is selected for rescue, a dedicated Kings Cards NFT sale opens for that mission—forming a separate, project-centered Roundtable. Membership, privileges, and allocations are unique to each project, preserving focus and transparency.
Mechanics Recap
Each Roundtable NFT holder gets governance power, increased odds for token drops, and access to milestone-based reward releases per their investment structure.
The entire allocation split, unlocked milestones, and all claims are displayed openly. Smart contracts, price oracles, audit reports, wallets, and leaderboards keep everything auditable and fair.
The model incentivizes patient holders by tying progressive token unlocks to actual market cap recovery, while development funds fuel ongoing success for the overall system.
With this approach, every step—from initial investment to progressive unlocking of escrowed assets, voting, rewards, and operations—is open, governed by the community, and transparently tracked via smart contracts and dashboards. Each token's revival benefits from fresh leadership, focused funding, and clear incentives, empowering the community to continually reclaim and revitalize the best of crypto's meme culture.
Built on Trust & Transparency
Every action is recorded on-chain. All wallets are public. All code is open source. All decisions are made collectively. The Roundtable operates with complete transparency, ensuring fairness for every participant.