Topic: [ANN][KARM] Karma / ₭ / X11 - page 163. (Read 583254 times)

Every state have different rules, but all LLC`s can and have to write down operating agreement, which includes if profits are to be paid, to who shall they be paid and etc. From what I have read and as far as I have understood with my level of english, actually we can. Penalty system will work only for Karmashares members and PoC model holders by the new model and only in Karmashares forum which is moderated and it should be. All sensitive discussions should be made only there from now on. And keep in mind that for every penalty there will be voting with at least 10 members and majority of 3/4. Of course we can up these numbers to 20 if you want. But from 270 shareholders only 10 participated in the last vote. So two few are interested to actively participate in any discussion.
I know that you are very generous in your way of thinking and doings like all Karma members and this is why I am proposing this. Cause I know you will never do it and you will be against it.

Karmashares LLC controls somewhere between 8-12 billion Karma.

sounds like a lot but its really not that much compared to the total amount of Karma in circulation.

what are we up to now? 60 odd billion.. with 92 billion total.

Holly crap! If you are gonna ask me about it every single day then I must start working on it right now! 

Where is the github?

Can somebody tell me how much funds karma has? Because i think it is time to include 3th parties into developing and coding.
We are all biased so we might miss something or take the difficult route when the simple route was available. I am not a coder but i think there are enough coders who want to get paid to create something we maybe cant.
Nevertheless there are enough tasks the community can do, we just need a plan of execution. This way we can work organised otherwise it is a bit of this a bit of that and we lose control and when you lose control you lose interest or motivation.

that and the fact that the people with "skills" seem to be the ones who don't have much Karma.. and the ones who have huge amounts of Karma are not willing or able to put their skills to use for the good of their own holdings.

it seems like 80% of the Karma is controlled by people who do not talk.. which incidentally is the reason why I don't mind if they dump..

keep on dumping and letting me buy those cheap coins until I have enough to make it worth my while to put huge amounts of effort into helping to grow the coin.

PS..

if I had a billion karma then I would be all over this coin with enthusiasm.... but since I don't have that many coins, I'm limited in how much time I can contribute. limited by how much it benefits others way more than it benefits me.

I think the most pressing problem is the lack of coders here. Unfortunatly, we cannot magically create them by demanding it from the community. 

we cannot not do something like this. This would be wrong. Nobody can be excluded from profit sharing because of what he states. Sorry but I am very much against a penalty model.

organize a bounty system and make it clear what peoples rewards are and then you might get more takers.
I thought that was the whole point of establishing the karma fund.

right now people do not know who is doing what, or how much that will benefit them.

if you want to lead then you need the right incentive structure in place to enable you to do it effectively.
otherwise people will just continue to talk and do whatever they want.

i've put lots of ideas on the table.. all of which I would have helped out with but since nobody was interested and since I have so many great ideas to work on, I'm hardly going to donate my time on projects I have no expertise or interest in.

more than happy to share my ideas though. for the good of Karma ofcourse.  

I support to both: raising holding period and the amount. However, I think 75 million is too much and propose 50. It is also a good idea that every poc holder becomes a shareholder by sending those 5 millions. I still dont know how this is compatible with private selling of shares however.

ok, ptman. I offered that to you allready in the past. We need to port Karma to bitcoinj. That is the most important part. To do so, we must first create a proper documentation of the codebase which is in c++. Socoban has allready pointed us to the constants which are unclear. So, could you start with the documentation of the code on github? And I will ask you about it every single day and you explain it to me poor java programmer deal?

I want to help. I am learning android app programming to be able to deliver usefull apps in the future. I think we need the mobile services in place before somebody in the Philippines can make use of a digitial payment/reward system.

I want to help more.
I can code most languages that are used nowadays.
I just do not like to work alone.
I need someone to work with me (like I'm currently working with learminer on the Karma game), because I'm also working on other projects and I need someone to exchange ideas and also to give me extra motivation when I'm not being productive (ask about the progress, etc).

I think it is a great idea, but before any testing we need to facilitate a few things

1. KarmX how far is the development of it now?
2. How will they be able to buy karmX easy! And do we facilitate the changing nack to money and how would they be able to acces this money, as they dont use banks and they cant pay their food with karmX

Could you give me some more info on this then i would like to think about it and write you a plan of execution for tonight how i think we can achieve this and how it can be deployed

I am sure there is, but many of them can`t, many of them doesn`t know how and many of them doesn`t have the skill to do it. With the growing of Karma, I am sure that more skillful people will come. It is inevitable.

No one?

Surely there must be someone in the Karma community that wants to actively help grow Karma?

About my 2 suggestions for improved PoC model and Penalty system - I want to acquire as mush as possible opinions and then I will propose a vote in Karmashares forum. I think 7 days are enough to think about both.

You are right about that. Bitcointalk is not moderated. It is related to all coins directly. It can not and should not lead to any penalties. But Karmashares forum is moderated. And it should be, cause it is related to Company and law. Rules are rules and must be followed. So, if somebody wants to participate and share thoughts, he/she will have to think twice before insulting any Karma team member. And everyone there must read and accept Karma Code of conduct. If 3/4 of all that vote think somebody is offending Karma team member it is obvious that this is an idiot. I don`t see any kind of limitation for free speech. The limitation is for those who forget who is actually doing all of the work and/or despite that is willing to insult him at public. And don`t forget that vote with certain rules is needed. I am not suggesting one guy to decide.

I suggest you make good on what has been promised instead of trying to go back on it or change it now because you will just leave a bad taste in peoples' mouths. I find it hard to reconcile that you think you can vote to change or take away what somebody else is entitled to.

People should be free to express their opinions without being financially penalised. This is an unmoderated topic so they can do exactly that. If they break the rules of the medium they are posting in the punishment should be contained to it.

Karma should stay away from anything that is morally questionable, including providing the facilities to gamble.

Chargin.

Wright, wright.   I`ve said it because they know far more than us and they are smarter than us. But they are still 12.  

Hallelujah, because this is the most important problem to the crypto world, in my opinion.
I myself, dont know the first thing about what happens in a computer what an algorythm of ancoin does how to mine it or all the shortcuts you people use. The jargon on most fora and websites about what a coin has mean nothing to me. I want to learn myself things so i look up what it means i ask it etc. But you have to make everything easy, if i tell my girlfriend to buy karma ornto use it to participate in the karmashares llc, she would lose her interest after 5 seconds. Make karma interesting to noobs, because there is a finite number of people with your knowledge but there is a seemless infinite number of noobs like my girlfriend.

Secondly, you people have great ideas for a new setup for the profits and membership for the llc, but to make it interesting we need a steady profit generation.
What i like is a Karma casino, i know there are some casino games for coins, but i mean a casino taken to the next generation. First, is it legal to open a casino if the funds are karmacoin? As anyone says, cryptocurrencies are no valuta but a comodaty so in my eyes it is legal to do whatever you want in a cryptocoin casino?

The casino would work as followed, we start with a roulette because this is the casinogame where most people take risks, 1/37 chance to win when betting on a number. I as a computer noob think its easy to generate to code something like a roulette, 37 numbers, 3 colors, red black and green, even odd, 1/18 19/36 etc. When i see what you people can code it should be a piece of cake to write a code that generate 37 random numbers.
People can buy in using karma and they receive points for every 10000karma, so 10.000 karma is displayed as 1 point. The effect of using point is people start forgetting the value of it, it is easier to bet 10 points than 100.000 karma. The perfect return to player is around 97%. Assume 100 million karma is used every day (about 400$ which is not much) this would generate 3 million karma for the llc eveyday. This amount can just be sold on the market because if one wants to play casino they have to buy Karma so in a perfect world the price would just stay the same.

What do you think about this? It has to be a nice friendly, userfriendly casino. Pretty colors, not much nonsense, no waiting times for every round because once the coins are deposited you can play till you run out of money. My example would generate about 120-150 dollars every month, just for one casino game and assuming the return to player is absolutely perfect. But in practice the return to player is not perfect, the people who achieve the return to player percentage are the ones that play with very small money. If you have 1 person betting 100 points on a wrong number the return to player is directly lower for that month. If this income overtime gets to 1000$ a month we are really talking numbers.

Ofcourse, because its karma, a percentage will be given to charity