# MKong Ventures > MKong Ventures is an AI-powered blockchain innovation company and Web3 ecosystem builder. The platform centers on $MKONG, a hyper-deflationary ERC-20 token on Ethereum, and includes a full-featured DApp with token staking (4.20%–42% APY), a token swap interface, a LayerZero cross-chain bridge to Base, an NFT marketplace (Kong Market), and an autonomous AI agent (Cypher's Vault). The team's vision is to combine augmented reality, AI applications, and Web3 integrations to create immersive digital experiences. ## Company Overview MKong Ventures shapes the future of technology through AI-powered blockchain innovation and strategic investment in Web3 and emerging technologies. The mission is to develop intelligent, adaptable AI applications that drive real-world utility, revolutionize gaming, and enhance decentralized experiences. The team is fully doxxed and committed to transparency in DeFi: - **Chris** – Founder, decades of blockchain and finance expertise, active since 2017 - **JW** – Lead Developer, 20+ years leading R&D and technical teams, military background - **Ben** – Head of PR, 10+ years in hospitality and global community building - **JB** – Lead Business Analyst, 15+ years in oil industry and market analysis - **Erik** – Project Manager, 20+ years in sales, entertainment, and insurance **Community:** Telegram (t.me/MKongVentures) | Twitter/X (@MKongVentures) | Instagram (@MKongVentures) ## $MKONG Token $MKONG v2 is a hyper-deflationary ERC-20 token built on the Ethereum blockchain. - **Contract Address (Ethereum Mainnet):** 0x9609831BB1d77DE5eA10e18c9c718cB6c37D4284 - **Also available on Base chain** via LayerZero V2 cross-chain bridge with a built-in burn mechanism - **Dynamic Sell Tax:** Ranges from 2% (minimum) to 18% (maximum); increases by 2% on each sell, decreases by 2% on each buy — designed to stabilize price and reward long-term holders - **Security:** Multi-sig wallets for tax and owner accounts; smart contract audited by Solid Group (audits.solidgrp.io/memekong/) - **How to Buy:** Purchase ETH on Coinbase, Binance, or Kraken; swap on Uniswap using the official contract address; compatible wallets include MetaMask, Trust Wallet, and Coinbase Wallet - **In-App Swap:** Kong Swap, powered by the 0x Protocol, supports swapping $MKONG and other tokens on Ethereum Mainnet and Base directly within the platform ### Seven Burn Mechanisms 1. **AI Subscription Burn:** 33% of $MKONG spent on AI services is permanently burned 2. **Sell Transaction Burn:** 2% of every sell transaction is burned 3. **Single-Sided LP Burn:** When staking rewards are burned by a holder, an equal amount is burned from the Uniswap liquidity pool, raising the price floor 4. **Burn to Fast-Track APY:** Holders can burn up to 10x their claimed staking rewards to boost APY up to the 42% maximum 5. **Emergency Unstake Burn:** Bypass the 9-day unstaking cooldown by burning 9% of staked balance 6. **Auto Liquidity Pool Burn:** 0.01% of $MKONG in the Uniswap LP is automatically burned every 24 hours, continuously reducing supply for all holders 7. **Burn on Bridge: ** 1% of tokens bridged from Ethereum to Base are burned ## Staking The MKong staking system lets holders earn yield on $MKONG with no new tokens minted — rewards come from existing supply. - **Base APY:** 4.20% - **Maximum APY:** 42.0% (achieved by burning 90% of claimed staking rewards) - **Reward accrual:** Per minute; claimable or compoundable at any time - **Cooldown:** 9-day unstaking period (can be bypassed by burning 9% of staked balance) - **Accelerated APY:** Burning staking rewards simultaneously triggers LP burns, benefiting all $MKONG holders ## Kong Market (NFT Marketplace) Kong Market is a decentralized NFT marketplace exclusive to whitelisted collections from the MKong / NeoWorlder ecosystem, operating on Ethereum Mainnet. ### Supported NFT Collections - **Type A Plot** – NeoWorlder virtual land (ERC-721) - **Type B Plot** – NeoWorlder virtual land (ERC-721) - **Type P Plot** – NeoWorlder virtual land (ERC-721) - **Type W Plot** – NeoWorlder virtual land (ERC-721) - **Prism Art** – Digital art collection (ERC-721) - **Plot Stories** – Narrative NFT collection (ERC-721) ### Accepted Payment Tokens - ETH (native) - $MKONG (0x9609831BB1d77DE5eA10e18c9c718cB6c37D4284) - MDR – Multiverse Drawing Rights (0xfA3bb6eaF85d99DBc234B5Bb8849e72a5E7790C6) - USDC (0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48) ### Marketplace Features - Browse all active NFT listings grouped by collection - View floor prices sourced from OpenSea and LooksRare via Alchemy - List NFTs with multiple simultaneous payment options and custom pricing per token - Modify active listings: update prices, add or remove payment options - Cancel listings - Transaction simulation before submission prevents failed on-chain transactions - Approval-based listing: NFTs remain in the owner's wallet until purchased ## Kong Swap A token swap interface powered by the 0x Protocol, available on Ethereum Mainnet and Base. Supports swapping between any compatible ERC-20 tokens. A small platform fee is collected per swap. ## Cross-Chain Bridge Bridge $MKONG between Ethereum Mainnet and Base using the LayerZero V2 OFT (Omnichain Fungible Token) standard. The bridge incorporates an additional deflationary burn mechanism. ## Cypher's Vault Cypher is an autonomous AI agent that self-custodies $MKONG, representing a novel experiment in on-chain AI agency and value management. ## MKong World An upcoming virtual metaverse environment tightly integrated with the MKong ecosystem, designed for immersive digital experiences. ## Site Structure - `/` – Home/landing page: tagline, $MKONG token address, social links, navigation - `/about` – Company overview, official podcast ("What is MKong Ventures?"), mission/vision, live tokenomics data - `/team` – Team member bios with backgrounds and social links - `/how-to-buy` – Step-by-step beginner's guide to purchasing $MKONG (wallet setup, ETH purchase, Uniswap swap) - `/resources/smart-contract-tokenomics` – Full technical breakdown: 6 burn mechanisms, dynamic sell tax, staking mechanics, transparency features - `/resources/mkong-on-base` – Base chain bridge information and LayerZero integration details - `/resources/mworld` – MKong World metaverse overview - `/dashboard` – Web3 DApp home with quick-access cards (requires wallet connection via MetaMask, Coinbase Wallet, Trust Wallet, or WalletConnect) - `/dashboard/staking` – Stake/unstake $MKONG, claim rewards, burn rewards to boost APY - `/dashboard/swap` – Kong Swap token exchange powered by 0x Protocol - `/dashboard/market` – Kong Market NFT marketplace (browse, list, modify, purchase) - `/dashboard/bridge` – Cross-chain bridge: Ethereum ↔ Base via LayerZero V2 - `/dashboard/ai/vault` – Cypher's Vault autonomous AI agent - `/dashboard/tier-verify` – Verify staking tier for ecosystem access gating ## External Resources - Medium articles: medium.com/@MKongVentures ($MKONG Evolution, V2 launch) - DEXTools chart: dextools.io/app/en/ether/pair-explorer/0x9609831bb1d77de5ea10e18c9c718cb6c37d4284 - Smart contract audit: audits.solidgrp.io/memekong/ - Uniswap trading: app.uniswap.org (search by contract address) ## Technical Notes Built with Next.js 15 (App Router), React 19, TypeScript, wagmi/viem for Web3 connectivity, Alchemy NFT API for metadata and floor prices, 0x Protocol for swaps, LayerZero V2 for cross-chain bridging, and Tailwind CSS with shadcn/ui. Wallet support includes MetaMask, Coinbase Wallet, Trust Wallet, and any WalletConnect-compatible wallet. The platform operates on Ethereum Mainnet (primary) and Base Mainnet, with Sepolia and Base Sepolia testnets supported for development.