KamaGang Community Token ($KAMA) WhitePaper

KamaGang
4 min readJun 16, 2021

What is KamaGang?

Kamas are the kinkiest generated NFTs on the Ethereum blockchain!

They are pretty sexy, but they are clever and sneaky too! A very special art collection of 3,163 unique editions with proof of ownership stored on the Ethereum blockchain. By purchasing the artwork, you will be receiving the unlockable voxel file which can be proudly displayed on several user owned virtual worlds. Brought to you by KamaMama and some computer algorithms.

You have minted or adopted our Kinky NFTs via https://kamagang.com or Opensea.

Now is the time to earn Tokens by staking your NFTs through Unifty.io and Discord.

KamaGang team proudly presents:

$KAMA token

Contents

1- What Is an NFT?

- ERC-721

- ERC-1155 Standard

2- Why We Are Using ETH?

3- TOKENOMICS

4- Token Unlock Plan

- BD & Marketing

- Community Rewards

- Technical Team

- Current Circulating Supply

5- Token Wallet Addresses

What is an NFT?

A non-fungible token (NFT) is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable. This is in contrast to cryptocurrencies like bitcoin, and many network or utility tokens that are fungible in nature.

Non-fungible tokens are used to create verifiable digital scarcity, as well as digital ownership, and the possibility of asset interoperability across multiple platforms. NFTs are used in several specific applications that require unique digital items like crypto art, crypto-collectibles and crypto-gaming.

Art was an early use case for blockchain. NFTs prove authenticity and ownership of digital art.

ERC-721 standard

The ERC-721 token standard represents a single unique asset that cannot be interchanged. ERC-721 tokens represent a complete asset, such as a certificate or tokenized good, that cannot be divided. Each ERC-721 token holds its own unique contract values, such as a skillfully programmed piece of art, or ownership and identity details of a tokenized real-world asset such as a house. Though there is complete flexibility in the creation of a token, ERC-721s are solid in terms of immutability, transparency of ownership, and security. In being unique, ERC-721 tokens are commonly referred to as being “non-fungible”, hence they are non-fungible tokens (NFTs).

ERC-1155 standard

ERC1155, brings the idea of semi-fungibility to the NFT world as well as it provides a superset of ERC721 functionality, meaning that an ERC721 asset could be built using ERC1155. This standard outlines a smart contract interface that can represent any number of fungible and non-fungible token types. Existing standards such as ERC-20 require deployment of separate contracts per token type. The ERC-721 standard’s token ID is a single non-fungible index and the group of these non-fungibles is deployed as a single contract with settings for the entire collection. In contrast, the ERC-1155 Multi Token Standard allows for each token ID to represent a new configurable token type, which may have its own metadata, supply and other attributes.

Those who bought NFT and earned NFT by staking were asking what to do with these NFTs.

We could not give answers other than you can sell on the NFT market or keep it for yourself. Now we have thought of a system that can use NFTs. It’s time to stake and earn tokens for collection NFTs in various ways.

Why we are using ETH?

The most important factor in using the ETH network is that it is far more flexible than other networks. Also Ethereum has a large, existing network — tried-and-true network that has been tested through years of operation and billions of value trading hands.

It is an important fact that it is more advantageous than other networks in the field of advanced security and safety. In addition to this, having a solid performance function is one of the most important reasons why we prefer it.

Also of course, we are ETH addicts.

TOKENOMICS

Token Details

Token Ticker: KAMA

Max Supply: 5,000,000 KAMA

Token Distribution

HODLers Airdrop: 125,000 KAMA (2.5%)

Community Rewards: 2,875,000 KAMA (57.5%)

Liquidity: 1,000,000 KAMA (20%)

Technical Team: 500,000 KAMA (10%)

BD & Marketing: 500,000 KAMA (10%)

Current Circulating Supply

125K (Airdrop to HODLers) + 1M (Liquidity) = 1,125,000 KAMA

Tokenomics

Token Unlock Plan

BD & Marketing

BD & Marketing tokens are used for marketing purposes such as airdrops, AMA’s and other marketing activities.

Community Development

Tokens for community development will be unlocked as needed, and are used for purposes such as staking pools, exchange liquidity (CEX and DEX) and similar purposes.

Technical Team

Tokens reserved for the team are fully locked for 1 YEAR and will be linearly unlocked. %3 will be opened every month.

Token Wallet Addresses

Contract Address

0x655217999cbe2f025b1c4036a573fcc1bdd1bae8

Team

0x1d2D8fc9540E73906c6fae482FC241468B20691f

*Disclaimer*

* By participating in the collection and ownership on KamaGang Community Token (KAMA) token you agree the following:

1) You do not engage in fraudulent or illegal money laundering activities.

2) That you are aware of your countries regulations in regards to cryptocurrency.

DO YOUR OWN RESEARCH!

Website: https://www.kamagang.com/

Discord: https://discord.gg/UPwn55rSnv

Twitter: https://twitter.com/TheKamaGang

Youtube: https://www.youtube.com/channel/UCSu4ZUPsA9JLvWGcPlXtEdQ

Instagram: https://www.instagram.com/thekamagang

--

--

KamaGang

Kamas are the kinkiest generated NFTs on the Ethereum blockchain! They are pretty sexy, but they are clever and sneaky too!