Whitepaper

A clear, plain-English overview of KingPL, goals, links, and the path forward.

1) Executive Summary

What is KingPL? A community-driven token launched on Base (L2). We start simple as a meme coin, then evolve into a utility coin, and finally add a separate RWA layer (real-world assets) for those who want regulated exposure via a dedicated instrument.


Royal Vision: Use funds raised to acquire real businesses and assets. Profits are used to grow the ecosystem and may support market health at the team’s discretion. No guarantees. The base token does not grant ownership, dividends, or claims on assets.


Transparency first: Public contract, public treasury address, and locked supply via Bitbond Token Locker.

3) Simple Token Overview

Chain: Base (Ethereum L2)

Standard: ERC-20

Ticker/Symbol: KingPL

Maximum Supply: 1,000,000,000 KingPL (1 billion)

Decimals: Standard ERC-20 (see BaseScan for technical details)

Contract Status: Verified on BaseScan

4) Phased Plan (Simple Roadmap)

Phase I — Meme (now)

Launch, community building, initial liquidity, simple presale via a reputable sale/locking tool (Bitbond).


Phase II — Utility (next)

Introduce practical utilities for holders (access, governance, perks).
Note: The utility token does not carry rights to profits, assets, or dividends.


Phase III — Utility + RWA (separate instrument)

Launch a separate RWA instrument (with proper KYC/whitelisting and legal structure). The RWA instrument is distinct from the base token: different contract, different documentation, and regulated distribution where required.

5) Supply & Distribution (High-Level)

Total Maximum Supply: 1,000,000,000 KingPL.


King’s Domain (100,000,000 KingPL): reserved to jump-start the project, secure early operations, marketing, and preserve long-term decision-making. Details of the internal vesting/locks are managed on-chain and disclosed via locker links and explorer updates. In later stages, the base token evolves from Meme → Utility; a separate RWA layer will be introduced as a different instrument.


Remaining 900,000,000 KingPL: used for the long-term expansion rounds and the RWA-enabled structure (see simple schedule below).

6) Schedule for the 900M KingPL

Preparation: The 900M supply is placed under a 12-month preparation/vesting window while legal, technical, and operational foundations for Utility and RWA are completed.


After preparation: staged releases aligned with price milestones and split between open-market trading and RWA sales. Targets (illustrative plan):


Round Target Price Amount Exchanges (open market) RWA (separate instrument)
ICO$10100M20%80%
Lock for further releasesN/A8000MN/AN/A

The RWA component will only be offered through a separate instrument with dedicated documentation and KYC/whitelisting where required. Targets are goals, not guarantees.

7) How Funds May Be Used (Guiding Principles)

  • Acquire and scale real businesses/assets with strong, transparent economics.
  • Build sustainable value in the ecosystem.
  • Maintain robust transparency: public wallets, public locks, regular website updates.

Any market support (e.g., buy-backs) is at the team’s discretion and not guaranteed. The base KingPL token does not grant profit rights or ownership claims.

8) Transparency & Security

Verification: Contract published and verified on BaseScan.

Locked Supply: Major portion locked via Bitbond Token Locker (90% locked) — see link above.

Royal Treasury: Public treasury address (kingpl.base.eth) for monitoring inflows/outflows.

9) Compliance, Risk & Plain-English Disclaimers

Not a security. The base KingPL token is designed as a community/utility token. It does not provide ownership in any company, dividends, debt claims, or revenue-sharing rights.


Separate RWA. Any real-world-asset exposure will be offered via a separate instrument (with proper KYC/whitelisting and legal structure) and not through the base utility token.


No promises. Prices can go up or down. There are no guarantees of profit, buy-backs, listings, or future utility.


Jurisdiction. Participation may be restricted in certain countries. Always follow your local laws and consult a professional if unsure.

This is not investment advice.

10) Contact & Updates

Website: https://kingplcoin.com

Official on-chain pages: see the links in Section 2 (contract, locker, treasury).

Announcements & updates: published on the website and via official channels listed there.

End of Whitepaper (v1.00) — This document will be updated to v2.00 as Utility features and the RWA instrument are finalized.

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