KWDCOIN White Paper version 2.12

2021/05/28 Kohei Kawada

Philosophy

Everyone has their own value and their own token.

Overview

This is a cryptocurrency created by Kohei Kawada based on his philosophy.

How to obtain

You can obtain it from things that Kohei Kawada thinks are good, people who follow, like, or retweet Kohei Kawada on social media such as Twitter, or people who agree with what Kohei Kawada is doing (donations, crowdfunding, etc., or shares).

Proof of Favorite(PoF)

PoF is a method in which the amount of KWDCOIN (XKW) in circulation increases with each action such as liking on Twitter. The like coefficient is listed in the Twitter profile (PoFxx). Like coefficient (fx)=(number of days when it exceeds 1000XKW)/(actual number of XKW sent)×1000/(coefficient at time of distribution) The like coefficient is rounded off to the nearest tenth.

Number of distributions

• 1 like=fx
• 1 retweet=4fx
• 1 reply=5fx

Once it reaches 1000XKW, it will be pooled in the following location. twitter.kwdcoin.eth

XKW in the above locations can be distributed and used freely.

Reduction in circulation

Transferring to the following locations will reduce the circulation. kwdcoin.eth

The circulation can be viewed at the following website. https://bloxy.info/token_holders/0xd8c9528deb8fd9f51bfb5142f8223821220f0e3d

Usage

XKW can be used for transactions related to Kawada Kohei, such as access rights to special content created by Kawada Kohei. When trading, the following rate will be used.

1KWDCOIN(XKW)=1JPY

Nickname

The name will be "Kawada Coin".

Technical specifications

Overview specifications

KWDCOIN is created using the Bitcoin network and Ethereum.

Specifically, we are using Counterparty Token technology to create tokens on the Bitcoin network.

We are creating tokens on Ethereum based on the ERC20 token specifications.

Detailed specifications

KWDCOIN (Counterparty version)

Number of coins issued: 100,000,000
Decimal points: Yes (8 digits)
URL for various information: https://xchain.io/asset/KWDCOIN

Compatible wallets

• IndieSqure Wallet ( https://wallet.indiesquare.me/ )
• Counterwallet ( https://wallet.counterwallet.io/ )
• Freewallet ( https://freewallet.io/ )
• Monya ( https://monya-wallet.github.io/ )

KWDCOIN (XKW) (ERC20 version)

Contract address: 0xd8c9528deb8fd9f51bfb5142f8223821220f0e3d
Symbol: XKW
Number of coins issued: 1,000,000,000 coins
Decimal point: Yes (8 digits)
Information URL: https://etherscan.io/token/0xd8c9528deb8fd9f51bfb5142f8223821220f0e3d
Circulation URL:
https://bloxy.info/token_holders/0xd8c9528deb8fd9f51bfb5142f8223821220f0e3d

Compatible wallets

• IndieSqure Wallet ( https://wallet.indiesquare.me/ )
• Coinomi ( https://www.coinomi.com/ )
• MetaMask ( https://metamask.io/ )
• Trust Wallet ( https://trustwallet.com/ )
• Cipher ( https://www.cipherbrowser.com/ )
• Coinbase Wallet ( https://wallet.coinbase.com/ )
• Monya ( https://monya-wallet.github.io/ )

Other wallets that support ERC20 and allow token addition.

Installation method

KWDCOIN (Counterparty version)

1. Prepare a compatible wallet
2. If KWDCOIN has been sent, it will be displayed automatically.

KWDCOIN (XKW) (ERC20 version)

1. Enter token information into a compatible wallet You will need to add tokens, etc., and enter the following information.

• Contract Address: 0xd8c9528deb8fd9f51bfb5142f8223821220f0e3d
• Name: KWDCOIN
• Symbol: XKW
• Decimals: 8

2. If KWDCOIN (XKW) has been sent, it will be displayed.

Notes on sending to others

Notes on KWDCOIN (Counterparty version)

• When sending to others, KWDCOIN (Counterparty version) can only be sent to KWDCOIN (Counterparty version) addresses and compatible wallets.
• When sending KWDCOIN (Counterparty version), BTC is required as a remittance fee.

Notes on KWDCOIN (XKW) (ERC20 version)

• When sending to others, KWDCOIN (XKW) (ERC20 version) can only be sent to KWDCOIN (XKW) (ERC20 version) addresses and compatible wallets.
• When sending KWDCOIN (XKW) (ERC20 version), ETH is required as a remittance fee.

Future policy

However, we are not considering listing it on an exchange due to legal reasons.
Please trade at your own risk when using a DEX (decentralized exchange).

Currently, you can trade on the following decentralized exchanges:

ForkDelta: https://forkdelta.app/#!/trade/0xd8c9528deb8fd9f51bfb5142f8223821220f0e3d-ETH

Uniswap: (V2)

https://v2.info.uniswap.org/token/0xd8c9528deb8fd9f51bfb5142f8223821220f0e3d

https://v2.uniswap.info/pair/0x1267684B09B2be9eb7a5984FB1B8C90F45541E27

Uniswap (V3): https://info.uniswap.org/home#/tokens/0xd8c9528deb8fd9f51bfb5142f8223821220f0e3d https://info.uniswap.org/home#/pools/0xd286c3022744f9ca8145b676dcce14dbaca7fe54

Disclaimer

1. Risk of price fluctuations Although it rarely happens, the amount of KWDCOIN (and XKW) for the amount of support (donation) may change.
2. Risk of fees When sending support (donation), a fee in Bitcoin or ETH is required. We have confirmed that it is possible to send with a fee of "2sat/Byte (about 3 yen)" and "1Gwei (about 1 yen)", but it takes a considerable amount of time.
3. Risk as value KWDCOIN (and XKW) is a proprietary token and has no value as a currency.Also, just because you own it does not give you any say in the matter like a shareholder.I hope you will keep this in mind as a key point.
4. System risk We use Counterparty Token (XCP) and ERC20 Token technology.Even if there are any problems with this technology, there is no guarantee.In addition, when transferring KWDCOIN and XKW, you will need BTC (when transferring KWDCOIN) and ETH (when transferring XKW) separately.
5. Risk of closure KWDCOIN (and XKW) itself may be closed.We cannot guarantee that this will happen.

Finally

Everyone has their own value. Everyone has their own value. If you think Kawada Kohei is valuable, please support him.

Contact details

Twitter @KWDCOIN