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Whitepaper Outline: The Kings Card Revival System

1. Executive Summary

  • Purpose and goals of The Kings Card project
  • Solving problems of contract control and community incentives for meme token revivals

2. Problem Statement

  • Why existing meme tokens often fail: lost founder control, broken tokenomics, no community direction
  • Need for transparent, gamified solutions to revive and sustain growth

3. Solution Overview

  • Introducing a two-contract system: Roundtable NFT governance and NFT-based rewards

4. Smart Contract 1: Roundtable DAO & Escrow

4.1. Functions

  • Collect investment in escrow via NFT purchases
  • Issue tiered Roundtable NFTs and assign voting rights
  • Allocate funds for rewards, buybacks, operations, and marketing
  • Manage DAO voting and multi-sig governance
  • Kill switch and refund logic if minimum conditions are unmet

4.2. Mechanics

  • Multi-sig wallet controls for security
  • Transparent dashboard for escrow and treasury accounting
  • Rules for joining and exiting the Roundtable

5. Smart Contract 2: Rewards, Lottery & Buybacks

The Kings Card: Smart Contract Specification Requirements

Comprehensive Technical Specification Document

Executive Summary

The Kings Card project implements a revolutionary dual-contract system designed to revive abandoned meme tokens through community governance and gamified rewards. This document outlines the comprehensive specification requirements for the Kings Card NFT Rewards Smart Contract system, which monitors token purchases and distributes transparent, verifiable rewards to incentivize community participation and sustainable token growth.

The system addresses two critical problems in the cryptocurrency ecosystem: the inability to control abandoned token contracts and the lack of engaging mechanisms to drive community participation. Through innovative smart contract architecture, randomized reward distribution, and strict anti-gaming measures, The Kings Card creates a fair, transparent, and sustainable framework for meme token revival.

1. System Architecture Overview

1.1 Dual-Contract Design

The Kings Card system operates through two interconnected smart contracts deployed on the Solana blockchain:

Primary Contract: Roundtable DAO & Escrow Management

  • Handles community governance and voting mechanisms
  • Manages multi-signature treasury operations
  • Allocates funds across reward pools, progressive unlocks, and operational expenses
  • Implements kill-switch functionality for failed launches
  • Provides transparent accounting and audit trails

Secondary Contract: Kings Card NFT Rewards System

  • Monitors $PEASANT token purchase transactions in real-time
  • Implements sophisticated lottery algorithms with verifiable randomness
  • Distributes three distinct types of NFT reward cards
  • Manages card circulation limits and recycling mechanisms
  • Handles reward redemption and tax collection for treasury sustainability
1.2 Integration Architecture

The system requires seamless integration with multiple external components:

  • Oracle Services: Real-time price feeds and verifiable randomness generation
  • SPL Token Program: Native Solana token transfer and account management
  • Metaplex Framework: NFT creation, metadata management, and ownership tracking
  • Associated Token Accounts: Automated token account creation and management

2. Purchase Monitoring and Processing Requirements

2.1 Transaction Monitoring System

The smart contract must implement a robust transaction monitoring system capable of:

Real-Time Purchase Detection

  • Monitor all $PEASANT token transfers across the Solana network
  • Filter transactions by minimum purchase thresholds ($10 USD equivalent)
  • Validate purchase authenticity through price feed verification
  • Process multiple concurrent transactions without performance degradation

Purchase Validation Framework

  • Verify purchase amounts against current market pricing through oracle integration
  • Implement tolerance ranges to account for price volatility during transaction processing
  • Validate wallet signatures and transaction authenticity
  • Prevent duplicate processing of identical transactions
2.2 Anti-Gaming Protection Mechanisms

Hourly Purchase Limitations

  • Restrict each wallet to maximum 2 counted purchases per hour
  • When multiple purchases occur within one hour, select only the 2 smallest amounts for reward calculation
  • Implement sliding window mechanism to track hourly activity
  • Provide clear feedback to users about purchase counting status

Daily Entry Limitations

  • Cap each wallet at maximum 12 lottery entries per 24-hour period
  • Reset daily counters at consistent intervals based on UTC time
  • Maintain persistent storage of daily activity across contract interactions
  • Implement overflow protection to prevent exploitation of reset timing

Purchase Amount Scaling

  • Award 1 lottery entry per $1,000 USD of purchase value
  • Cap individual card rewards at $1,000 USD equivalent regardless of purchase size
  • Allow multiple entries for large purchases while maintaining reward caps
  • Calculate entries based on eligible amounts after applying hourly limits

3. Lottery System Requirements

3.1 Fixed Block Processing

Block Structure and Timing

  • Group purchases into fixed sequential blocks of exactly 100 transactions each
  • Process blocks #1-100, #101-200, #201-300 with no overlap or gaps
  • Award rewards only when complete blocks are formed
  • Maintain persistent block state across contract restarts and network interruptions

Entry Pool Management

  • Create weighted entry pools where each $1,000 purchase equals one entry
  • Support wallets having multiple entries within single blocks
  • Allow same wallet to win multiple cards within one block
  • Implement fair random selection across all entries regardless of wallet distribution
3.2 Randomness and Fair Distribution

Verifiable Random Generation

  • Integrate with Switchboard VRF, Chainlink VRF, or equivalent oracle services
  • Generate cryptographically secure random numbers for all lottery selections
  • Implement seed diversification to prevent predictability across multiple draws
  • Provide public verification of random number generation for transparency

Selection Algorithm Requirements

  • Implement Fisher-Yates shuffle algorithm for unbiased selection
  • Use seeded random number generators with publicly verifiable seeds
  • Prevent front-running attacks through commit-reveal schemes or equivalent
  • Support deterministic replay of lottery selections for audit purposes

4. NFT Card System Specifications

4.1 Card Types and Circulation Management

Auto-Redeem Cards (Most Common)

  • Maximum circulation: 400 cards active simultaneously
  • Distribution rate: 4 cards per completed 100-purchase block
  • Automatic redemption timeframe: Randomly selected between 4-10 days from minting
  • Reward calculation: 1-5% of purchased token amount, randomly determined per card
  • No user intervention required for redemption process

Flexible Cards (Medium Rarity)

  • Maximum circulation: 200 cards active simultaneously
  • Distribution rate: 2 cards per completed 100-purchase block
  • Hold period requirements: Randomly set between 4 days and 3 weeks for full value
  • Pro-rating mechanism: Proportional rewards based on actual vs. required hold time
  • Forced redemption: Automatic sale 1 week after full-value deadline expires

Legendary Cards (Rarest)

  • Maximum circulation: 5 cards active simultaneously
  • Distribution rate: 1 card per 1,000 purchase milestone when slots available
  • Redemption flexibility: Full value available anytime after 24-hour minimum hold
  • Expiration system: Random expiration between 4 weeks and 6 months
  • Decay mechanism: 5% daily value reduction after expiration until worthless
4.2 Card Lifecycle Management

Minting Requirements

  • Generate unique card identifiers for tracking and verification
  • Create Metaplex-compatible NFT metadata with card type and reward information
  • Link cards to specific purchase transactions for audit trail maintenance
  • Implement card parameter randomization at minting time

Redemption Processing

  • Validate card ownership and redemption eligibility
  • Calculate current reward values based on real-time token pricing
  • Apply 5% tax on all redemptions for treasury sustainability
  • Execute atomic token transfers to prevent partial redemption failures

Card Recycling System

  • Implement 24-hour delay before redeemed cards become available for re-issuance
  • Maintain recycling queues for each card type separately
  • Process recycled cards on first-in-first-out basis
  • Update circulation counters atomically with card status changes

5. Reward Calculation and Distribution

5.1 Reward Amount Determination

Base Reward Calculation

  • Calculate rewards as percentage of actual token amount purchased, not USD value
  • Apply random percentage between 1-5% for each individual card
  • Implement $1,000 USD value cap per card regardless of purchase amount
  • Favor early purchasers through token-amount-based calculations

Dynamic Pricing Integration

  • Use real-time oracle price feeds for USD value calculations
  • Implement price staleness checks to prevent manipulation
  • Apply reasonable tolerance ranges for price volatility
  • Cache price data efficiently to minimize oracle costs

Tax Collection System

  • Apply 5% tax rate on all card redemptions uniformly
  • Direct tax proceeds to treasury account for project sustainability
  • Use tax funds for token buybacks during market dips
  • Implement transparent tracking of tax collection and usage

Escrow Fund Management

  • Maintain sufficient token reserves for all outstanding card obligations
  • Implement reserve calculation algorithms to prevent insolvency
  • Provide real-time visibility into escrow fund status
  • Support emergency fund injection capabilities for treasury management
5.2 Tax and Treasury Management
  • Apply 5% tax rate on all card redemptions uniformly
  • Direct tax proceeds to treasury account for project sustainability
  • Use tax funds for token buybacks during market dips
  • Implement transparent tracking of tax collection and usage
  • Maintain sufficient token reserves for all outstanding card obligations
  • Implement reserve calculation algorithms to prevent insolvency
  • Provide real-time visibility into escrow fund status
  • Support emergency fund injection capabilities for treasury management

6. Legendary Card Special Requirements

6.1 Milestone Processing System

Trigger Conditions

  • Activate legendary card eligibility every 1,000 purchases
  • Check circulation availability before processing milestone
  • Skip milestones when maximum circulation reached (5 cards)
  • Implement retrospective processing when slots become available

Candidate Selection Pool

  • Select winners from most recent 1,000 purchases when slot opens
  • Exclude purchases already processed for previous legendary cards
  • Weight selection by entry count from original purchase amounts
  • Support complex selection scenarios with overlapping purchase ranges
6.2 Expiration and Decay Mechanics

Expiration Timeline Management

  • Set random expiration dates between 4 weeks and 6 months from minting
  • Implement precise timestamp tracking for expiration calculations
  • Provide early warning systems for approaching expiration dates
  • Support emergency extensions only through DAO governance

Value Decay Implementation

  • Begin 5% daily value reduction immediately after expiration
  • Calculate decay on remaining token amount, not original amount
  • Continue decay until card value reaches zero
  • Implement minimum value thresholds to prevent dust transactions

7. Security and Anti-Fraud Requirements

7.1 Input Validation and Sanitization

Transaction Validation

  • Verify all incoming transaction signatures and authorities
  • Validate purchase amounts against reasonable ranges and limits
  • Check token account ownership and balance sufficiency
  • Implement comprehensive bounds checking on all numeric inputs

Price Feed Security

  • Validate oracle price feed signatures and timestamps
  • Implement circuit breakers for extreme price movements
  • Use multiple price sources where available for validation
  • Detect and prevent price manipulation attempts
7.2 Access Control and Authorization

Administrative Functions

  • Restrict privileged operations to authorized multisig accounts
  • Implement role-based access control for different administrative levels
  • Require multiple signatures for critical system parameter changes
  • Maintain audit logs of all administrative actions

User Authorization

  • Verify card ownership before allowing redemption operations
  • Prevent unauthorized card transfers or modifications
  • Implement replay attack protection through nonce mechanisms
  • Validate user signatures for all state-changing operations
7.3 Economic Security Measures

Sybil Attack Prevention

  • Implement wallet-based limits rather than transaction-based limits
  • Track cross-wallet patterns to detect coordinated attacks
  • Apply minimum purchase thresholds to increase attack costs
  • Monitor for unusual activity patterns and implement circuit breakers

Front-Running Protection

  • Use commit-reveal schemes for sensitive operations where applicable
  • Implement transaction ordering independence for lottery selections
  • Randomize processing delays to prevent timing-based manipulation
  • Provide equal opportunity regardless of transaction fee levels

8. Performance and Scalability Requirements

8.1 Transaction Processing Performance

Throughput Requirements

  • Support processing of up to 1,000 purchases per block efficiently
  • Maintain sub-second response times for individual transactions
  • Handle concurrent transactions without race conditions or data corruption
  • Scale processing capacity with network demand growth

State Management Efficiency

  • Optimize storage costs through efficient data structure design
  • Implement data archiving for historical records beyond active requirements
  • Use minimal storage for frequently accessed data structures
  • Support efficient queries for user interfaces and reporting systems
8.2 Network Integration Requirements

Solana Network Optimization

  • Optimize instruction size and complexity for reasonable transaction fees
  • Implement efficient account structure to minimize rent costs
  • Use appropriate data serialization for optimal network transmission
  • Support transaction retry mechanisms for network congestion handling

Oracle Integration Performance

  • Minimize oracle calls through efficient caching strategies
  • Implement failover mechanisms for oracle service disruptions
  • Balance price freshness requirements with cost considerations
  • Support multiple oracle providers for redundancy and reliability

9. User Experience and Interface Requirements

9.1 Transparency and Auditability

Public Information Access

  • Provide real-time visibility into all lottery drawings and results
  • Maintain public ledger of all card minting and redemption activities
  • Display current circulation numbers and available slots for each card type
  • Offer comprehensive transaction history and audit trails

Real-Time Status Updates

  • Broadcast events for all significant contract state changes
  • Provide webhook-compatible event formats for external integrations
  • Support real-time notifications for card winners and redemption eligibility
  • Maintain consistent event formatting across all contract operations
9.2 Error Handling and Recovery

Graceful Failure Management

  • Provide clear, actionable error messages for all failure conditions
  • Implement automatic retry mechanisms for recoverable failures
  • Support manual recovery procedures for complex error states
  • Maintain system integrity even during partial failure scenarios

User Communication

  • Return standardized error codes for programmatic error handling
  • Provide human-readable error descriptions for user interfaces
  • Include suggested remediation steps in error responses
  • Support multiple languages for international user base

10. Testing and Quality Assurance Requirements

10.1 Functional Testing Specifications

Core Functionality Testing

  • Verify correct purchase processing under all supported scenarios
  • Test lottery selection algorithms for fairness and randomness
  • Validate card minting and redemption processes across all card types
  • Confirm anti-gaming measures function correctly under attack scenarios

Edge Case Testing

  • Test system behavior at circulation limits for each card type
  • Verify handling of simultaneous milestone triggers and slot availability
  • Test price feed failure scenarios and fallback mechanisms
  • Validate system recovery after network interruptions or restarts
10.2 Security Testing Requirements

Penetration Testing

  • Conduct comprehensive security audits by qualified third-party firms
  • Test for common smart contract vulnerabilities including reentrancy attacks
  • Verify resistance to economic attacks and game theory exploits
  • Validate access control mechanisms under various attack scenarios

Formal Verification

  • Implement mathematical proofs for critical algorithm correctness
  • Verify state transition integrity across all contract operations
  • Prove absence of integer overflow and underflow conditions
  • Validate economic invariants maintain system sustainability

11. Deployment and Maintenance Requirements

11.1 Network Deployment Strategy

Staged Deployment Process

  • Begin with comprehensive testnet deployment and validation
  • Conduct limited mainnet deployment with restricted functionality
  • Gradually increase system capacity based on performance monitoring
  • Implement kill switches and emergency procedures for critical issues

Configuration Management

  • Support environment-specific configuration parameters
  • Implement secure parameter update mechanisms through governance
  • Maintain configuration version control and rollback capabilities
  • Document all configuration changes and their business impact
11.2 Monitoring and Maintenance

System Health Monitoring

  • Implement comprehensive logging for all contract operations
  • Monitor key performance indicators including transaction success rates
  • Track economic metrics including escrow fund levels and tax collection
  • Provide alerting for anomalous conditions or potential security issues

Upgrade and Maintenance Procedures

  • Design contracts to support authorized upgrades through governance
  • Implement data migration procedures for contract updates
  • Maintain backward compatibility for existing card holders
  • Support emergency maintenance procedures with minimal user impact

12. Regulatory and Compliance Considerations

12.1 Legal Framework Compliance

Securities Law Considerations

  • Ensure NFT cards do not constitute securities under applicable regulations
  • Implement proper disclaimers regarding investment risks and volatility
  • Maintain clear documentation of system mechanics for regulatory review
  • Support compliance reporting requirements as regulations evolve

Tax Reporting Support

  • Provide necessary transaction data for user tax reporting obligations
  • Support export of transaction histories in standard formats
  • Maintain records required for regulatory audit and compliance
  • Implement privacy protections while meeting transparency requirements
12.2 Jurisdictional Requirements

Geographic Restrictions

  • Support implementation of geographic access controls if required
  • Provide mechanisms to comply with local gaming and lottery regulations
  • Implement user verification procedures as needed for compliance
  • Support regulatory reporting requirements in operating jurisdictions

13. Integration and Ecosystem Requirements

13.1 External Service Dependencies

Oracle Service Integration

  • Maintain compatibility with multiple oracle providers for redundancy
  • Implement standard interfaces for easy oracle provider switching
  • Support both push and pull-based oracle update mechanisms
  • Provide fallback mechanisms for oracle service interruptions

Wallet and Interface Integration

  • Support all major Solana wallet providers and connection standards
  • Provide standard APIs for third-party interface development
  • Implement compatibility with popular DeFi interface libraries
  • Support mobile wallet integration for accessibility
13.2 Ecosystem Interoperability

Cross-Protocol Compatibility

  • Design NFT cards to be compatible with standard Solana NFT marketplaces
  • Support integration with popular DeFi protocols for card utility expansion
  • Implement standard metadata formats for maximum ecosystem compatibility
  • Provide APIs for integration with portfolio tracking and analytics services

Conclusion

The Kings Card NFT Rewards Smart Contract system represents a comprehensive solution for community-driven meme token revival through innovative gamification and transparent reward distribution. The specifications outlined in this document provide the foundation for building a secure, fair, and sustainable system that addresses the core challenges facing abandoned cryptocurrency projects.

Success depends on meticulous implementation of these requirements, with particular attention to security, fairness, and transparency. The system's dual-contract architecture, sophisticated anti-gaming measures, and comprehensive audit capabilities create a robust framework for community-led project revival that can serve as a model for the broader cryptocurrency ecosystem.

Through careful adherence to these specifications, developers can create a system that not only revives individual meme tokens but also demonstrates the power of community governance and innovative tokenomics in creating lasting value for all participants.

This specification document provides comprehensive requirements for implementing The Kings Card system. All requirements should be validated through thorough testing and security audits before mainnet deployment.

6. Game Theory & Tokenomics

  • How gamification encourages holding, price action, and community engagement
  • Model for sustainable escrow and progressive rewards release
  • How recycling, rendering, and kill switches work for fairness

7. Security & Audit

  • Open source code base
  • Audit requirements and partner firms (CertiK, Halborn, OtterSec)
  • Risks and mitigation strategies

8. Roadmap & Governance

  • Phased launch schedule: stealth mode, accumulation, marketing prep, launch
  • Ongoing DAO voting and future meme project rescues

9. Conclusion

  • Vision for meme token revival and community-led growth
  • Invitation for participation, transparency, and long-term sustainability