Author

Topic: [ANN][KARM] Karma / ₭ / X11 - page 247. (Read 583120 times)

sr. member
Activity: 889
Merit: 253
July 20, 2014, 10:55:24 AM
China summer so hot ah, look forward to saving 40% X11.
sr. member
Activity: 523
Merit: 250
July 20, 2014, 10:52:33 AM
The Karma X11 Mining Guide can now be downloaded from http://karmashares.com/forums/index.php/topic,490.0.html

Please let us know if you have any suggestions, questions, comments about it. Thanks!

Good news is coming...!

when is the date?
hero member
Activity: 732
Merit: 500
July 20, 2014, 10:47:50 AM
The Karma X11 Mining Guide can now be downloaded from http://karmashares.com/forums/index.php/topic,490.0.html

Please let us know if you have any suggestions, questions, comments about it. Thanks!

all pool are scrypt. how to miner x11?
sr. member
Activity: 889
Merit: 253
July 20, 2014, 10:39:39 AM
240 000 Change X11?
hero member
Activity: 1022
Merit: 501
Creator of the ICO
July 20, 2014, 10:05:23 AM
The Karma X11 Mining Guide can now be downloaded from http://karmashares.com/forums/index.php/topic,490.0.html

Please let us know if you have any suggestions, questions, comments about it. Thanks!
hero member
Activity: 528
Merit: 500
We are the ones we've been waiting for
July 20, 2014, 09:37:26 AM
If it was 6 million USD in a single payment I would say yes, do it now!
But 1 million plus 5 million after 5 years... I'm not so sure.

How much time (and USD for the project) do you think we would need to implement a version of the search engine ready to go live (with Karma integration)?



Specs, developing, integrartion, testing.. I'm assuming about 2 months. We would need a couple of additional developers and testers. Not sure about the cost

I will happily provide high-quality translation services for karma (To Spanish), sir.
I believe /₭/ has a bright -still unseen- future.
sr. member
Activity: 532
Merit: 250
July 20, 2014, 09:12:28 AM
If it was 6 million USD in a single payment I would say yes, do it now!
But 1 million plus 5 million after 5 years... I'm not so sure.

How much time (and USD for the project) do you think we would need to implement a version of the search engine ready to go live (with Karma integration)?



Specs, developing, integrartion, testing.. I'm assuming about 2 months. We would need a couple of additional developers and testers. Not sure about the cost

Just 2 months?! That is incredible!

Count with me to help for free Wink
hero member
Activity: 1022
Merit: 501
Creator of the ICO
July 20, 2014, 09:10:28 AM
If it was 6 million USD in a single payment I would say yes, do it now!
But 1 million plus 5 million after 5 years... I'm not so sure.

How much time (and USD for the project) do you think we would need to implement a version of the search engine ready to go live (with Karma integration)?



Specs, developing, integrartion, testing.. I'm assuming about 2 months. We would need a couple of additional developers and testers. Not sure about the cost
sr. member
Activity: 532
Merit: 250
July 20, 2014, 06:23:13 AM
If it was 6 million USD in a single payment I would say yes, do it now!
But 1 million plus 5 million after 5 years... I'm not so sure.

How much time (and USD for the project) do you think we would need to implement a version of the search engine ready to go live (with Karma integration)?

hero member
Activity: 798
Merit: 1000
July 19, 2014, 04:39:34 PM
i enjoy reading Alphi posts

thanks.

I enjoy trying to keep the community informed.

I have seen a lot of new faces in the past few months and I want to see many many more.

I do not hold much karma (compared to some of the other posters) but you do not need much if your economy is always expanding.
sr. member
Activity: 257
Merit: 250
July 19, 2014, 04:31:49 PM
Absolutely agree!

EyeQoo.

KarmaShares investor.

Would LOVE to also see a wallet feature setup like Vericoin's Veribit that allows you to buy anything that is sold for BTC...be bought with Karma. Karma is converted to BTC, etc etc.

Thank you very much for explaining some of your visions for Lill and Karma/Karmashares. Definitely food for thought - "Lill, the OS for your life" - WOW.

I think much, if not most of what makes up your vision is not limited to Lill and the search engine business though. I get the feeling we might not loose all that much by selling Lill, except the great name. But we wouldn't sell this vision of rewarding people for actions, we would only sell ONE specific use case for that idea.

The world is shifting to mobile a little more every day, and there a search engine is largely irrelevant. Search is already integrated into all mobile OSes as a service, extended by digital assistants (Siri, Google Now, Cortana). People say its hard to break into the market for online (desktop) search? Well breaking into mobile search is next to impossible.

Luckily searching is just one of thousands of actions we could reward people for. There are so many other options to go and spread good Karma for. Tagging locales, social interactions like tweets or "snapshots", helping people, how about an Uber-like service that rewards someone for picking up people that need a quick ride? There's almost infinite options and we wouldn't have to give up any of your great vision by pursuing one of those, instead of the search business.

We need a mobile app that makes giving someone "good Karma" as easy as tapping phones (NFC) or scanning a QR code (ideally just by saying it). Gather some Karma by doing nice things for friends and family and spend it for a coffee the next day. If such an app had a Veribit-like service (auto-convert Karma to BTC, this could be a service the LLC offers for a small fee) we'd get instant acceptance by thousands of merchants. Bam. World rocked.

Karma is not Lill and neither is Karmashares. The vision of a better economy is not sold with Lill.
Just my opinion as a tiny Karmashares holder. Smiley


Lill's pay-per-action revenue model is entirely unique in search.

You are not rewarded for searching, you are rewarded for your actions + relationships.

We could the mistake of questioning why someone wants to pay a certain price for something that they want. Or just consider their offer and ask them to put it to paper if agreed. Really, it's just an exchange of value by way of resources. And a thing's value depends on the interested party's perspective.

I'm sure the native tribes in the New World were wondering why in the hell some strangers from another land would want to give them powerful weapons in exchange for their furs. And after a while they probably wondered where all their animals went, and why the strangers could produce an endless supply of weapons. Each values the other for their own reasons, and sometimes can see value that the other can't.

Fortunately, many of us see the value in Lill, and it is not just in the billions of $ but in a world-changing concept.

The Value of Lill

Imagine if someone can volunteer their time for a cause in exchange for Karma that can then be traded for something else of value? Imagine if you could transact in Karma by doing what you already do? Imagine if it was eventually set up so that transactions happen automatically (a way of earning "transaction fees" on the actions and relationships that you already have)

Imagine that you could "mine" Karma by just being human? Lill knows you shared a link to a music video with your friends.. Karma from record labels. You searched for and bought a book on Amazon from Lill... Karma from Amazon. You visited Miami.. Karma from the Miami tourism board. The is no end to the number of human actions + relationships, and it can all be mediated (and searched for) through Lill.

Lill can be an OS for your life, then. And the currency for these actions+relationships can be Karma. Now you can see where we begin to expand the concept of "digital currency". You see someone in your Lill network that needs advice on a topic.. Karma from that person. Your Lill music channel has a cool new song from an independent artist.. you give them Karma for their song.

You then begin to consider the value of Karma beyond digital currency and one of human currency where anyone can trade their actions+relationships for something else. Not everyone has $, but everyone has that to trade.

The first successful digital currency (and I don't count Bitcoin as being successful until the masses have adopted it) is probably going to be one that doesn't mirror the currency economy but creates a whole new kind of economy. (Why would the masses use Bitcoin if they don't have a reason?) Give people something new that they want, and create an economy around it. Isn't that why Apple has become so successful?

The value of Lill is in our future, not present. But we can only realize its tremendous value if we work together to make this happen.
hero member
Activity: 559
Merit: 500
July 19, 2014, 04:10:19 PM
Thank you very much for explaining some of your visions for Lill and Karma/Karmashares. Definitely food for thought - "Lill, the OS for your life" - WOW.

I think much, if not most of what makes up your vision is not limited to Lill and the search engine business though. I get the feeling we might not loose all that much by selling Lill, except the great name. But we wouldn't sell this vision of rewarding people for actions, we would only sell ONE specific use case for that idea.

The world is shifting to mobile a little more every day, and there a search engine is largely irrelevant. Search is already integrated into all mobile OSes as a service, extended by digital assistants (Siri, Google Now, Cortana). People say its hard to break into the market for online (desktop) search? Well breaking into mobile search is next to impossible.

Luckily searching is just one of thousands of actions we could reward people for. There are so many other options to go and spread good Karma for. Tagging locales, social interactions like tweets or "snapshots", helping people, how about an Uber-like service that rewards someone for picking up people that need a quick ride? There's almost infinite options and we wouldn't have to give up any of your great vision by pursuing one of those, instead of the search business.

We need a mobile app that makes giving someone "good Karma" as easy as tapping phones (NFC) or scanning a QR code (ideally just by saying it). Gather some Karma by doing nice things for friends and family and spend it for a coffee the next day. If such an app had a Veribit-like service (auto-convert Karma to BTC, this could be a service the LLC offers for a small fee) we'd get instant acceptance by thousands of merchants. Bam. World rocked.

Karma is not Lill and neither is Karmashares. The vision of a better economy is not sold with Lill.
Just my opinion as a tiny Karmashares holder. Smiley


Lill's pay-per-action revenue model is entirely unique in search.

You are not rewarded for searching, you are rewarded for your actions + relationships.

We could the mistake of questioning why someone wants to pay a certain price for something that they want. Or just consider their offer and ask them to put it to paper if agreed. Really, it's just an exchange of value by way of resources. And a thing's value depends on the interested party's perspective.

I'm sure the native tribes in the New World were wondering why in the hell some strangers from another land would want to give them powerful weapons in exchange for their furs. And after a while they probably wondered where all their animals went, and why the strangers could produce an endless supply of weapons. Each values the other for their own reasons, and sometimes can see value that the other can't.

Fortunately, many of us see the value in Lill, and it is not just in the billions of $ but in a world-changing concept.

The Value of Lill

Imagine if someone can volunteer their time for a cause in exchange for Karma that can then be traded for something else of value? Imagine if you could transact in Karma by doing what you already do? Imagine if it was eventually set up so that transactions happen automatically (a way of earning "transaction fees" on the actions and relationships that you already have)

Imagine that you could "mine" Karma by just being human? Lill knows you shared a link to a music video with your friends.. Karma from record labels. You searched for and bought a book on Amazon from Lill... Karma from Amazon. You visited Miami.. Karma from the Miami tourism board. The is no end to the number of human actions + relationships, and it can all be mediated (and searched for) through Lill.

Lill can be an OS for your life, then. And the currency for these actions+relationships can be Karma. Now you can see where we begin to expand the concept of "digital currency". You see someone in your Lill network that needs advice on a topic.. Karma from that person. Your Lill music channel has a cool new song from an independent artist.. you give them Karma for their song.

You then begin to consider the value of Karma beyond digital currency and one of human currency where anyone can trade their actions+relationships for something else. Not everyone has $, but everyone has that to trade.

The first successful digital currency (and I don't count Bitcoin as being successful until the masses have adopted it) is probably going to be one that doesn't mirror the currency economy but creates a whole new kind of economy. (Why would the masses use Bitcoin if they don't have a reason?) Give people something new that they want, and create an economy around it. Isn't that why Apple has become so successful?

The value of Lill is in our future, not present. But we can only realize its tremendous value if we work together to make this happen.
sr. member
Activity: 406
Merit: 250
July 19, 2014, 03:07:27 PM
If you're looking for a reliable KARM pool with an approachable staff & community, consider giving chunkypools a try.




approachable staff?!?

You are not responding to e-mails. You are not responding to messages here. Your support form doesn`t work. The link for Karma wallet on your site is wrong. I would advice everyone to think twice before going to mine in your pool.
full member
Activity: 140
Merit: 100
July 19, 2014, 11:29:08 AM
If you're looking for a reliable KARM pool with an approachable staff & community, consider giving chunkypools a try.


sr. member
Activity: 257
Merit: 250
July 19, 2014, 07:06:08 AM
Correct me if I am wrong, but I also believe that Matt was also in the same situation of having spent a good chunk of change over the years on gigablast without much profit.
http://www.gigablast.com/about.html
That may or may not be the case the last few years as I see he is involved in licensing now.

I DO understand also that LILL.com is not just a "search engine". That said, I would like to here Kosmost's thoughts on all the things that are possible with EyeQoo. I have a sneaky suspicion that a good portion of what is theoretically planned for LILL.com may also be possibly implemented with EyeQoo. Like LILL.com he is also the wind turbine behind that concept as well and I am just scratching my head and wondering, would not EyeQoo exist in an even smaller niche(?) Would we be competing against the likes of google, bing, etc with that application. (I think a bit for sure) And to what degree(?) More or less competitive vs the arena that LILL.com will be competing in(?)

I believe milk.com's mobile app had some similarities to EyeQoo when Kevin Rose launched? He closed it down pretty quickly and went to work for google and I never did follow it.
I would like to hear more about the possibilities of EyeQoo so as I completely understand what its objectives would be, what level of expansion we could built with it, and how it ranks  for vs the LILL.com concept on market penetration/audience acceptance. I mean...quite a few people do own smart phones. Wink 


Btw, how many of you did research on how many search engine is on the market and how many of them is rewarded? So, even BING is rewarding users and it is not helping. Check: http://archive.kare11.com/news/article/931941/0/Two-search-engines-that-reward-you-for-surfing-the-internet-

Also this: http://www.cnet.com/news/swag-bucks-earn-rewards-for-searching-the-web/


And there are many many more. People don't be blind, Lill is not bringing anything new, there are already many search engines with rewards and big companies behind them. I can imagine browser toolbar, I can imagine it will bring million every year, but it is simply a dream. Toolbars are dying concept, people are moving from web to phones, it will be harder and harder to get marketshare on such market. Phones are closed, no way you can put your toolbar into mobile browser. Lill is nothing unique, the domain value is almost 0, it is just 4 letter without real visitors. I don't know the technology behind lill is, but If it was created in few months, it is not wort $1,2 million itself. Until now KARMA was just risky investment for me. If Karma sells Lill.com for $1,2 I will feel much more comfortable knowing, there are funds, results and smart people behind. Also If we reject the offer, count with huge sell-off. People do not want to be part of company, where greed and dreams destroy smart decisions. Selling is sure moon way, not selling is fast crash.

Lill's pay-per-action revenue model is entirely unique in search.

You are not rewarded for searching, you are rewarded for your actions + relationships.

We could the mistake of questioning why someone wants to pay a certain price for something that they want. Or just consider their offer and ask them to put it to paper if agreed. Really, it's just an exchange of value by way of resources. And a thing's value depends on the interested party's perspective.

I'm sure the native tribes in the New World were wondering why in the hell some strangers from another land would want to give them powerful weapons in exchange for their furs. And after a while they probably wondered where all their animals went, and why the strangers could produce an endless supply of weapons. Each values the other for their own reasons, and sometimes can see value that the other can't.

Fortunately, many of us see the value in Lill, and it is not just in the billions of $ but in a world-changing concept.

The Value of Lill

Imagine if someone can volunteer their time for a cause in exchange for Karma that can then be traded for something else of value? Imagine if you could transact in Karma by doing what you already do? Imagine if it was eventually set up so that transactions happen automatically (a way of earning "transaction fees" on the actions and relationships that you already have)

Imagine that you could "mine" Karma by just being human? Lill knows you shared a link to a music video with your friends.. Karma from record labels. You searched for and bought a book on Amazon from Lill... Karma from Amazon. You visited Miami.. Karma from the Miami tourism board. The is no end to the number of human actions + relationships, and it can all be mediated (and searched for) through Lill.

Lill can be an OS for your life, then. And the currency for these actions+relationships can be Karma. Now you can see where we begin to expand the concept of "digital currency". You see someone in your Lill network that needs advice on a topic.. Karma from that person. Your Lill music channel has a cool new song from an independent artist.. you give them Karma for their song.

You then begin to consider the value of Karma beyond digital currency and one of human currency where anyone can trade their actions+relationships for something else. Not everyone has $, but everyone has that to trade.

The first successful digital currency (and I don't count Bitcoin as being successful until the masses have adopted it) is probably going to be one that doesn't mirror the currency economy but creates a whole new kind of economy. (Why would the masses use Bitcoin if they don't have a reason?) Give people something new that they want, and create an economy around it. Isn't that why Apple has become so successful?

The value of Lill is in our future, not present. But we can only realize its tremendous value if we work together to make this happen.

Both of these points of view are very extreme, imo, one hopeful, the other critical.

For people that want to sell:

- The name lill.com alone has lots of value, this offer is based on current and a portion of future value

For people that don't want to sell:

- What Kosmost is saying is realistic, but at the same time it will take quite a while & lots of capital, make no mistake, just because this is crypto base doesn't mean it will all come together perfectly within 12-24 months and we'll have a significant portion of the market, duckduckgo has been at it for 7 years time and last I checked they are at 0.03% of the US market, despite having a strong business plan and a cool search engine. Reality: duckduckgo started in 2008, 4 years later, in 2011 they made $115,000 USD, revenues, not profit, and they had 3 employees at this point who were not being paid a salary, not to mention a number of paid contractors.

I'm not saying its unrealistic, just trying to provide a dose of reality as everyone is swinging for the fence, and giving their extreme versions of best/worst case scenarios.

I'm not trying to offend anyone, this is my understanding of the situation.

I think we would be best to sell and use the proceeds to reward early believers in Karmashares and re-invest the remaining into other Karma projects.

Full Disclosure: I am not a significant owner of Karmashares but I do own quite a few Karma, so by saying reward early believers I'm not trying to be bias, just want to clarify, I truly do believe early investors deserve to be rewarded & the dev team deserves the recognition from such an event.

Thanks.
newbie
Activity: 1
Merit: 0
July 19, 2014, 06:13:32 AM
Btw, how many of you did research on how many search engine is on the market and how many of them is rewarded? So, even BING is rewarding users and it is not helping. Check: http://archive.kare11.com/news/article/931941/0/Two-search-engines-that-reward-you-for-surfing-the-internet-

Also this: http://www.cnet.com/news/swag-bucks-earn-rewards-for-searching-the-web/


And there are many many more. People don't be blind, Lill is not bringing anything new, there are already many search engines with rewards and big companies behind them. I can imagine browser toolbar, I can imagine it will bring million every year, but it is simply a dream. Toolbars are dying concept, people are moving from web to phones, it will be harder and harder to get marketshare on such market. Phones are closed, no way you can put your toolbar into mobile browser. Lill is nothing unique, the domain value is almost 0, it is just 4 letter without real visitors. I don't know the technology behind lill is, but If it was created in few months, it is not wort $1,2 million itself. Until now KARMA was just risky investment for me. If Karma sells Lill.com for $1,2 I will feel much more comfortable knowing, there are funds, results and smart people behind. Also If we reject the offer, count with huge sell-off. People do not want to be part of company, where greed and dreams destroy smart decisions. Selling is sure moon way, not selling is fast crash.

Lill's pay-per-action revenue model is entirely unique in search.

You are not rewarded for searching, you are rewarded for your actions + relationships.

We could the mistake of questioning why someone wants to pay a certain price for something that they want. Or just consider their offer and ask them to put it to paper if agreed. Really, it's just an exchange of value by way of resources. And a thing's value depends on the interested party's perspective.

I'm sure the native tribes in the New World were wondering why in the hell some strangers from another land would want to give them powerful weapons in exchange for their furs. And after a while they probably wondered where all their animals went, and why the strangers could produce an endless supply of weapons. Each values the other for their own reasons, and sometimes can see value that the other can't.

Fortunately, many of us see the value in Lill, and it is not just in the billions of $ but in a world-changing concept.

The Value of Lill

Imagine if someone can volunteer their time for a cause in exchange for Karma that can then be traded for something else of value? Imagine if you could transact in Karma by doing what you already do? Imagine if it was eventually set up so that transactions happen automatically (a way of earning "transaction fees" on the actions and relationships that you already have)

Imagine that you could "mine" Karma by just being human? Lill knows you shared a link to a music video with your friends.. Karma from record labels. You searched for and bought a book on Amazon from Lill... Karma from Amazon. You visited Miami.. Karma from the Miami tourism board. The is no end to the number of human actions + relationships, and it can all be mediated (and searched for) through Lill.

Lill can be an OS for your life, then. And the currency for these actions+relationships can be Karma. Now you can see where we begin to expand the concept of "digital currency". You see someone in your Lill network that needs advice on a topic.. Karma from that person. Your Lill music channel has a cool new song from an independent artist.. you give them Karma for their song.

You then begin to consider the value of Karma beyond digital currency and one of human currency where anyone can trade their actions+relationships for something else. Not everyone has $, but everyone has that to trade.

The first successful digital currency (and I don't count Bitcoin as being successful until the masses have adopted it) is probably going to be one that doesn't mirror the currency economy but creates a whole new kind of economy. (Why would the masses use Bitcoin if they don't have a reason?) Give people something new that they want, and create an economy around it. Isn't that why Apple has become so successful?

The value of Lill is in our future, not present. But we can only realize its tremendous value if we work together to make this happen.

Both of these points of view are very extreme, imo, one hopeful, the other critical.

For people that want to sell:

- The name lill.com alone has lots of value, this offer is based on current and a portion of future value

For people that don't want to sell:

- What Kosmost is saying is realistic, but at the same time it will take quite a while & lots of capital, make no mistake, just because this is crypto base doesn't mean it will all come together perfectly within 12-24 months and we'll have a significant portion of the market, duckduckgo has been at it for 7 years time and last I checked they are at 0.03% of the US market, despite having a strong business plan and a cool search engine. Reality: duckduckgo started in 2008, 4 years later, in 2011 they made $115,000 USD, revenues, not profit, and they had 3 employees at this point who were not being paid a salary, not to mention a number of paid contractors.

I'm not saying its unrealistic, just trying to provide a dose of reality as everyone is swinging for the fence, and giving their extreme versions of best/worst case scenarios.

I'm not trying to offend anyone, this is my understanding of the situation.

I think we would be best to sell and use the proceeds to reward early believers in Karmashares and re-invest the remaining into other Karma projects.

Full Disclosure: I am not a significant owner of Karmashares but I do own quite a few Karma, so by saying reward early believers I'm not trying to be bias, just want to clarify, I truly do believe early investors deserve to be rewarded & the dev team deserves the recognition from such an event.

Thanks.
full member
Activity: 168
Merit: 100
July 19, 2014, 03:13:30 AM
Btw, how many of you did research on how many search engine is on the market and how many of them is rewarded? So, even BING is rewarding users and it is not helping. Check: http://archive.kare11.com/news/article/931941/0/Two-search-engines-that-reward-you-for-surfing-the-internet-

Also this: http://www.cnet.com/news/swag-bucks-earn-rewards-for-searching-the-web/


And there are many many more. People don't be blind, Lill is not bringing anything new, there are already many search engines with rewards and big companies behind them. I can imagine browser toolbar, I can imagine it will bring million every year, but it is simply a dream. Toolbars are dying concept, people are moving from web to phones, it will be harder and harder to get marketshare on such market. Phones are closed, no way you can put your toolbar into mobile browser. Lill is nothing unique, the domain value is almost 0, it is just 4 letter without real visitors. I don't know the technology behind lill is, but If it was created in few months, it is not wort $1,2 million itself. Until now KARMA was just risky investment for me. If Karma sells Lill.com for $1,2 I will feel much more comfortable knowing, there are funds, results and smart people behind. Also If we reject the offer, count with huge sell-off. People do not want to be part of company, where greed and dreams destroy smart decisions. Selling is sure moon way, not selling is fast crash.

Lill's pay-per-action revenue model is entirely unique in search.

You are not rewarded for searching, you are rewarded for your actions + relationships.

We could the mistake of questioning why someone wants to pay a certain price for something that they want. Or just consider their offer and ask them to put it to paper if agreed. Really, it's just an exchange of value by way of resources. And a thing's value depends on the interested party's perspective.

I'm sure the native tribes in the New World were wondering why in the hell some strangers from another land would want to give them powerful weapons in exchange for their furs. And after a while they probably wondered where all their animals went, and why the strangers could produce an endless supply of weapons. Each values the other for their own reasons, and sometimes can see value that the other can't.

Fortunately, many of us see the value in Lill, and it is not just in the billions of $ but in a world-changing concept.

The Value of Lill

Imagine if someone can volunteer their time for a cause in exchange for Karma that can then be traded for something else of value? Imagine if you could transact in Karma by doing what you already do? Imagine if it was eventually set up so that transactions happen automatically (a way of earning "transaction fees" on the actions and relationships that you already have)

Imagine that you could "mine" Karma by just being human? Lill knows you shared a link to a music video with your friends.. Karma from record labels. You searched for and bought a book on Amazon from Lill... Karma from Amazon. You visited Miami.. Karma from the Miami tourism board. The is no end to the number of human actions + relationships, and it can all be mediated (and searched for) through Lill.

Lill can be an OS for your life, then. And the currency for these actions+relationships can be Karma. Now you can see where we begin to expand the concept of "digital currency". You see someone in your Lill network that needs advice on a topic.. Karma from that person. Your Lill music channel has a cool new song from an independent artist.. you give them Karma for their song.

You then begin to consider the value of Karma beyond digital currency and one of human currency where anyone can trade their actions+relationships for something else. Not everyone has $, but everyone has that to trade.

The first successful digital currency (and I don't count Bitcoin as being successful until the masses have adopted it) is probably going to be one that doesn't mirror the currency economy but creates a whole new kind of economy. (Why would the masses use Bitcoin if they don't have a reason?) Give people something new that they want, and create an economy around it. Isn't that why Apple has become so successful?

The value of Lill is in our future, not present. But we can only realize its tremendous value if we work together to make this happen.

Great analysis! Thanks for the explanation about Lill. Helps some of us understand more.  Grin
legendary
Activity: 1050
Merit: 1000
July 19, 2014, 03:10:10 AM
i enjoy reading Alphi posts
hero member
Activity: 1022
Merit: 501
Creator of the ICO
July 19, 2014, 02:57:20 AM
Btw, how many of you did research on how many search engine is on the market and how many of them is rewarded? So, even BING is rewarding users and it is not helping. Check: http://archive.kare11.com/news/article/931941/0/Two-search-engines-that-reward-you-for-surfing-the-internet-

Also this: http://www.cnet.com/news/swag-bucks-earn-rewards-for-searching-the-web/


And there are many many more. People don't be blind, Lill is not bringing anything new, there are already many search engines with rewards and big companies behind them. I can imagine browser toolbar, I can imagine it will bring million every year, but it is simply a dream. Toolbars are dying concept, people are moving from web to phones, it will be harder and harder to get marketshare on such market. Phones are closed, no way you can put your toolbar into mobile browser. Lill is nothing unique, the domain value is almost 0, it is just 4 letter without real visitors. I don't know the technology behind lill is, but If it was created in few months, it is not wort $1,2 million itself. Until now KARMA was just risky investment for me. If Karma sells Lill.com for $1,2 I will feel much more comfortable knowing, there are funds, results and smart people behind. Also If we reject the offer, count with huge sell-off. People do not want to be part of company, where greed and dreams destroy smart decisions. Selling is sure moon way, not selling is fast crash.

Lill's pay-per-action revenue model is entirely unique in search.

You are not rewarded for searching, you are rewarded for your actions + relationships.

We could the mistake of questioning why someone wants to pay a certain price for something that they want. Or just consider their offer and ask them to put it to paper if agreed. Really, it's just an exchange of value by way of resources. And a thing's value depends on the interested party's perspective.

I'm sure the native tribes in the New World were wondering why in the hell some strangers from another land would want to give them powerful weapons in exchange for their furs. And after a while they probably wondered where all their animals went, and why the strangers could produce an endless supply of weapons. Each values the other for their own reasons, and sometimes can see value that the other can't.

Fortunately, many of us see the value in Lill, and it is not just in the billions of $ but in a world-changing concept.

The Value of Lill

Imagine if someone can volunteer their time for a cause in exchange for Karma that can then be traded for something else of value? Imagine if you could transact in Karma by doing what you already do? Imagine if it was eventually set up so that transactions happen automatically (a way of earning "transaction fees" on the actions and relationships that you already have)

Imagine that you could "mine" Karma by just being human? Lill knows you shared a link to a music video with your friends.. Karma from record labels. You searched for and bought a book on Amazon from Lill... Karma from Amazon. You visited Miami.. Karma from the Miami tourism board. The is no end to the number of human actions + relationships, and it can all be mediated (and searched for) through Lill.

Lill can be an OS for your life, then. And the currency for these actions+relationships can be Karma. Now you can see where we begin to expand the concept of "digital currency". You see someone in your Lill network that needs advice on a topic.. Karma from that person. Your Lill music channel has a cool new song from an independent artist.. you give them Karma for their song.

You then begin to consider the value of Karma beyond digital currency and one of human currency where anyone can trade their actions+relationships for something else. Not everyone has $, but everyone has that to trade.

The first successful digital currency (and I don't count Bitcoin as being successful until the masses have adopted it) is probably going to be one that doesn't mirror the currency economy but creates a whole new kind of economy. (Why would the masses use Bitcoin if they don't have a reason?) Give people something new that they want, and create an economy around it. Isn't that why Apple has become so successful?

The value of Lill is in our future, not present. But we can only realize its tremendous value if we work together to make this happen.
hero member
Activity: 1022
Merit: 501
Creator of the ICO
July 19, 2014, 02:29:51 AM
kosmost, every time you post something new I am going speechless. But now this?!? Woooooooowww. To all other - guys, why are you rushing to give direction whether to sell or not? Did you asked kosmost is he ok after his 6000 miles flight? Is he tired? Did he slept enough. Did he managed to catch a breath? Can`t you just stop for a minute, think about what kosmost achieved? What the Karma team achieved? Is this how you are showing your appreciation? Is this how you face history. Nobody else in crypto and I think also in the World have ever achieved something like this. For 2-3 months! I told you many times that other developers will come here to learn from Karma team. Aren`t you happy that you are little part of this? And why are you still thinking about few bitcoins revenue? Why don`t you start thinking big?

P.S. I think that kosmost is very tired now, cause he continue to rush for this fancy vacation... Wink Grin

thank you forr expressing your concerns Smiley yes, I am well now

I tend to seek out opportunities, and this is no different. I am a curious one. We're still at the very beginning of Karma and what we as a community can achieve. But as we think about those possibilities let us not forget our foundations like growing community, helping others, and finding ways to make the world a better place in our own unique way. (That's really what it's all about, right? No matter how corny it sounds.)

Aside from that we can think about adding value to Karma and Karmashares itself by your input on improving our internal methods, strcture, guidelines, etc. We can only become truly great through the hard work and dedication of the extended Karma team, which is really the Karma community when you think about it.

Go Karma!
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