Lol @ all the promises offered at the time of creating LLC.... man, kosmost is such a chicken.... Why take the initiative when he is not up to it...? We all become guinea pigs for some freaks social experiment.... ****er!!!!
What's the Karmashares strategy for the next few months? How are we going to get revenue?
submitted 4 months ago * by kosmost
The following is a brief outline of how we will grow in 2014.
As you know, we are currently at various stages of development with several projects that will use Karma in some way. (And you are free to create your own project! Just post it on the subreddit!) The idea is to have an ecosystem of these Karma-supporting businesses, communities, and projects to spread the adoption of our Karma currency and grow the community so we can do even greater things.
The first three projects (lill, wespond, and hireplex) are designed to raise our profile not only in the cryptocurrency world but in the tech world. This will help us to attract more talent, greater exposure for what we're doing, more investment, and also increase our market capitalization so that we can afford to do bigger things.
We will also be working on the code for our social networking site, Karmashare.me, to introduce rewards and incentives for users when they post, share, or participate in other activities, but this will come a bit after the above 3 (unless someone can take it on now)
EyeQ will be a somewhat more complex endeavor for Android and iPhone that may eventually integrate with the search engine and the social network. (We are currently looking for devs to help on this project. Please send me a message if you'd like to help.)
Probably the easiest way to get to the point where we have people that want to use a Karma payment or debit card is to make it something that is known and desired. And we can do that by introducing Karma into the everyday experience, starting with the search engine.
By giving out Karma for each search result we can put Karma into the hands of everyday people. This is extremely important and integral to more widespread adoption. (This is one reason I haven't done a giveaway recently.. saving for the initial outlay of Karma with the search engine)
lill (search engine)
First ~3 months after 2nd beta is released, users get Karma by performing certain activities like searching and sharing results
We can then build out an advertising system whereby companies and individuals will pay for certain actions to be performed on their results (e.g., retweeting, sharing, volunteering, signing up, purchasing, completing a survey)
any result can have Karma waiting to be claimed. People will want to search for everything in order to find the hidden Karma
users can tip a result, such as a blog. The owner of the result (the blogger) must install the Karma widget on their website in order to claim the tip. They can also receive future tips automatically.
users can create their own search result and put their Karma wallet address on it. This will encourage more users to create their own results.
uses can also leave tips for other users on their search results
first beta: May 31, 2014 (without Karma; proof of concept: search functions, social networking functions, event functions, create your own search result function, result sorting, sharing, rating, flood control, basic security)
Wespond (video Q&A site)
Users can ask questions to the community and get video responses (limited to 60 or 90 seconds per response)
Users can send Karma to other users whose videos they like
Most categories are free
Charge for certain categories, like Craigslist (i.e., Professional and Legal Services, men seeking women)
first beta: May 31, 2014
Hireplex (video job interviews)
Job-seekers search for video or text postings from companies looking to hire
If a prospective employee is interested they can leave a short 60-second response to the company
If the company is interested they can ask a question to the job-seeker to receive another 60-second reply (max)
Both job seekers and employers can leave Karma on each others' profile, per category. For example, a job-seeker has received a total of 450 Karma in the "Personality" category, and has 1,200 Karma in the "Experience" category.
Amount of Karma received in each category helps each party to make a more informed choice
Free for job-seekers; employers pay a fee
first beta: May 31, 2014
Karmashare.me (social networking site)
Similar to the search engine, users can be paid for certain actions from advertisers (to be decided)
In addition, when a user "likes" or comments on a post a certain number of Karma builds up for it
Randomly, any user can receive the pot of Karma that is waiting for 'the next' user to comment (encourages participation)
first beta: released
second beta: TBA
EyeQ (location-based mobile shopping app)
location-based mobile app where people can find the products they're looking for around them
also search for shops that accept cryptocurrency
most listings free
Advertisers will pay Karmashares for certain listings, to be featured, for promotional messages, coupons, adding video to their listings, and other offerings.
free for advertisers who accept Karma
also used to build relationships with shops that can accept Karma as a payment method
status: ~30-40% completed
..and then?
We will can begin to develop a simple rewards system (NFC card + card reader + software) for schools and universities. We need 1 pilot school to provide an example of how it will work with other schools. Once 1 school is on board it will be easier to get other schools to join. We can use that example with small retail shops to begin using the Karma rewards system.
Focus will be on one neighborhood in one city where we can get a few retail customers interested in using Karma for payments with our first participating retail shops.
What happens next is up to us!
(Please note that not all details have been provided above, publicly, to maintain competitive advantage)
