Official Documentation

KLYCoin ($KLY) Whitepaper

Global Decentralized Payments: Empowering Financial Freedom with PayKLY and x402

Version 2.0 | October 2025 | A Payment Ecosystem That Transcends Borders and Unites the World

Introduction

KLYCoin ($KLY) is the native utility token of the PayKLY ecosystem, a revolutionary payment infrastructure built on the x402 protocol. This whitepaper outlines the vision, technology, and token economics of KLYCoin, a digital asset designed to facilitate seamless, secure, and efficient transactions globally.

Our mission is simple yet radical: To make value transfer as natural and automatic as data transfer - worldwide. We empower developers, merchants, content creators, and users with a decentralized payment solution that transcends the limitations of traditional financial systems - without geographical boundaries.

Token Name
KLYCoin
Symbol
KLY
Network
Binance Smart Chain (BSC)
Total Supply
100,000,000 KLY
Token Standard
BEP-20 (EIP-2612 Permit)
Protocol
x402 (HTTP 402)

1. Problem: The Fragility of Current Systems

Today's digital economy suffers from three fundamental problems:

Intermediary Exploitation

In e-commerce and digital content consumption, intermediaries (payment processors, advertising networks, platforms) capture a large portion (2-4%) of the value created by users and content creators through commissions and fees.

Content Creator Royalty Problem

Artists, writers, and creators producing content viewed millions of times cannot receive fair compensation for their work. Current platforms allocate the majority of revenue from content consumption to themselves, paying minimal amounts to content owners.

Lost User Value

Billions of internet users worldwide generate tremendous economic value through the content they consume and purchases they make, but most of this value goes to Google, Meta, and other intermediaries. Despite the $700+ billion global digital advertising market, users receive a minimal share of the value they generate.

2. Solution: The PayKLY Ecosystem

The PayKLY ecosystem is designed to solve these three problems through the x402 protocol:

  • Eliminating intermediary costs with zero-commission payments
  • Protecting content creators' rights with micropayment infrastructure
  • Returning economic participation value to users through the KolayMiles loyalty system

Zero Transaction Fees

Peer-to-peer payments occur without intermediaries thanks to the x402 protocol

Instant Settlement

Transactions are finalized in seconds (banks: 2-5 days)

Universal Compatibility

Easy integration into any platform via API, supporting multi-currency and multi-language

6. Token Economics (Tokenomics)

6.1 Token Specifications

Token NameKLYCoin
SymbolKLY
NetworkBinance Smart Chain (BEP-20)
Total Supply100,000,000 KLY (fixed, non-inflationary)
Decimals18
Contract TypeBEP-20 EIP-2612 Permit Protocol

6.2 Token Distribution

Public Sale (ICO)30%
30,000,000 KLY - $0.01167 per KLY - 30% TGE, 4-month linear vesting
Private Sale15%
15,000,000 KLY - $0.01 per KLY - 20% TGE, 6-month linear vesting
Team & Advisors12%
12,000,000 KLY - 6-month lock, 30-month linear vesting
Ecosystem & Rewards10%
10,000,000 KLY - Post-TGE, 104-week release
Liquidity Pool10%
10,000,000 KLY - 2-year lock
Development & Emergency12%
12,000,000 KLY - 6-month lock, 30-month linear vesting
CEX Listing11%
11,000,000 KLY - 25% TGE, bi-weekly linear vesting

5. Ecosystem Strategy: Phased Development

The PayKLY ecosystem will develop through four main phases for sustainable growth and adaptation. Each phase builds upon the previous one, making the ecosystem stronger.

Phase 1: Core Infrastructure (2025 Q4 - 2026 Q2)

  • KLYCoin ($KLY) token launch and DEX listings (PancakeSwap)
  • PayKLY API v1.0 launch (multi-language support)
  • Initial market pilot business integrations (10+ businesses)
  • Simple mile earning mechanism (6.9% mile earning on purchases)
  • Basic staking pool creation

Phase 2: KolayMiles and Partner Ecosystem (2026 Q2 - 2026 Q4)

  • kolaymiles.com global marketplace launch
  • Multi-language and region support
  • Partner onboarding system activation
  • Miles-KLY conversion mechanism activation
  • First 100 global partner business integrations
  • Mobile application launch (iOS and Android)

Phase 3: Software Incubator and Affiliate Ecosystem (2027 Q1 - 2027 Q4)

  • KolayHub Software Incubator global launch
  • Easy integration SDKs for startups (10+ programming languages)
  • Global mile-based affiliate program launch
  • Enterprise APIs (B2B solutions - multi-region)
  • Major CEX listing (Binance, Bybit, Coinbase)

Phase 4: Ecosystem Maturation and Global Dominance (2028+)

  • PayKLY DAO launch (decentralized governance)
  • Multi-blockchain support (Ethereum, Polygon, Arbitrum, Solana)
  • AI-powered micropayment agents
  • Global royalty system for content creators
  • Regulation-compliant fiat on-ramp/off-ramp integrations (50+ countries)

13. Conclusion

The KLYCoin and PayKLY ecosystem is poised to revolutionize how we transact online globally. By combining the power of blockchain technology with the innovative x402 protocol, we are creating a payment infrastructure that is faster, cheaper, and more user-friendly than anything that has come before.

Our vision is simple but powerful: To make value transfer as natural and automatic as data transfer - worldwide. Ensure users receive a fair share of the value they generate. Enable content creators to receive compensation for their work. Allow businesses to free themselves from intermediary commissions and pass these savings on to their customers - without geographical boundaries.

Join us on this journey as we build the future of decentralized payments.

14. Communication and Community

Version 2.0 Global Edition | Last Updated: October 2025 | Languages: English, Turkish

Copyright © 2025 PayKLY Global. All rights reserved.

This whitepaper reflects the current global vision of the KLYCoin project. Changes may be made during project development. Visit our official website for up-to-date information.

WhatsApp: +905447693163

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