Topic: [ANN][KARM] Karma / ₭ / X11 - page 26. (Read 583250 times)

Of course, we'd like to hear from everyone. (Don't be shy!)

How do you think Karma and KarmaToken can move forward?

Let us know!

(fun fact.. 2018 is the Year of the Karma)

Thanks my pleasure. If you have any suggestions for the new site at http://karmacoin.net/ please let me know. I should have something up by next week, and hopefully by then the community can decide whether or not to move forward.

Good news

East and I have come to a general agreement regarding how Karma and KarmaToken can work together in future, as sister coins (with each functioning as their own separate coin, but supportive).

I will provide more detail about this. I think it will be good for everyone.

Hi. Thanks for your message and sorry about the trouble. We're working on an updated wallet. In the meantime:

[Note: back up your wallet.dat file before you do the following. It is in your appdata\roaming\karma\ folder. And just to be safe, you might as well make a copy of that, too]

1. Close the wallet, then create a text file: c:\users\YOUR-NAME\appdata\roaming\karma\karma.conf (or on linux, ~/.karma/karma.conf) and paste the following into it:

addnode=67.173.120.250:9432
addnode=91.153.109.149:49522
addnode=78.214.167.61:11081
addnode=69.130.152.117:51308
addnode=96.230.110.235:9333
addnode=128.173.185.170:9333
addnode=45.55.176.26:9333

2. Delete everything in %appdata%/karma except wallet.dat and karma.conf

3. (re)start the Karma wallet.

---

let us know if this doesn't work.

Hi Guys,

I tried to run the wallet but it says "No block  source available". Can anybody help me sync the wallet?

To all the people who have sold Karma for 1 satoshi recently...

 

Hope you still have some left!

Karma has the potential to be a billion-dollar coin, with the help of the good folks on this thread.

Based on our peers found in the list at CoinMarketCap, I'm looking at a $30m valuation* in the next 3 months (15 sat.) and $60m within the next 6 months (30 sats.) Again, based on peers, not the unique value proposition that Karma brings to the table. (And who has a name as good as Karma?)

If just .0001% of all WordPress blogs are using Karma during the first few months of 2018 (about 7,500 blogs), then it shows good momentum, which may result in a Karma valuation of $200-300m  (100-150 sats.)

And although we may have 76 billion coins and add about $400 a day in market cap from the higher inflation rate, many of them were lost via Mintpal and Cryptsy (in possibly corrupt wallets). Without much supply demand of course increases, driving up the price considerably and ultimately enabling us to do more awesome and focused things.

We often followed closely behind Reddcoin, who is now at $81m. No direct correlation, of course, just something to compare.

For further comparison, Dogecoin has a market cap now of $380m, and I'm still not sure what its use case is.

So, yeah.. please keep selling to me @ 1 sat   I'm hungry!!

*assuming a Bitcoin price of $2,800

Here is my partial vision for what Karma could be.

"Give Thanks. Give Karma."

There should be one initial use case for Karma that we present to the world: as a way to "like" on blogs.

Like a blog? Give Karma. Like a comment someone made? Give Karma.

Bloggers can install the wordpress plugin and easily begin accepting and facilitating the trading of Karma on their pages. It should be dead simple.

(By trading, I don't mean buying. Users should only be exchanging Karma at first to build up the economy, get more everyday people using Karma, and get our name out there.)

Late 2018: Extend to YouTube content creators and users. // Encourage direct user-to-user ₭ exchanges.

Karma Simplicity

Karma should be far more simple for the average person to use than it is today. The average person will not even think about downloading a wallet and waiting X hours or days to use something they know nothing about.

But if they see a link on a blog that says, "Reward with Karma" or "Give Karma" then they will immediately know what it's about. It's intuitive and easy to understand.

From there, they can download a browser extension that is Karma's 'simplified payment verification' wallet. Every unique install comes with 1,000 free Karma to use immediately on websites. It will be lightweight and fast, as these types of wallets tend to be.

Most people don't care about the technical details. In this respect, think of how companies like Microsoft have information for devs but have a clear and easy-to-understand consumer-facing window into the ecosystem. That's what Karma needs to do.

We also should not confuse the general public with details on how to buy Karma. They install the Karma browser extension and they get free Karma in it to immediately use on websites. (They can certainly buy, but this should not be the focus. The focus should be on using Karma to increase the economic velocity of the coin. The more it is used, the more useful it becomes and thus the more valuable it becomes in the long-term.)

The Karma website should have 2 main sections for the general public. 1) I Read Blogs and Want to Give Karma; and 2) I Have a Blog and Want to Earn Karma

as well as other sections for miners, media, etc. but the site itself should be consumer-facing, because that's who Karma is ultimately for.

Other

1) We keep the coin specs as-is, high inflation and all, until we are sure which direction we want to take it and what the new specs should be, have a competent developer who knows what they're doing, develops it properly, and have tested it properly.

2) No ICO or tokens for Karma. (This is only talking about future development, not what has already been done with KarmaToken, which is something else). You can help support Karma development by buying Karma.

(I think how we can do it is for me to cover most of the costs through selling a few million Karma at a rate that does not interfere with trading. A little at a time, as costs are incurred.)

3) One website that is clear for everyone: community, general public, miners, media, investors, potential investors, etc., with a focus on the general public (and our target market)

4) Run as a business, not a democracy. Businesses don't function by mob rule, not even non-profits can run that way. We tried it before and it doesn't work. We will have a board of directors, a chairman of the board (me), and a CEO who executes on the vision that the board agrees on.  The board of directors will be decided by me, commensurate with the value of the activity provided to Karma during the previous 30 days. (This will prevent both only whales and lazy people from controlling Karma's future)

5) Re-launch schedule: January, 2018. Roadmap before then, posted on the website.

Thanks, will do.

I'm curious as to why no one here wanted to claim them. It would have taken just a minute of someone's time, for the benefit of Karma. Seems strange.

I hope we can be more responsive as a community in future.

you should PM microguy and ask who received the bounty. it has got to be some one with credentials. i dont think microguy would give it to just anyone.

In consideration for EastEagle's die-hard efforts, I'd like to "give karma" for all his hard work and dedication in the amount of ₭30,000,000. Anyone else is welcome to join in this donation, but I'd like to see his efforts rewarded with.... KARMA 

lets give some time for people to share their opinion.

as far as cryptsy. i didnt know until i saw it posted on the other thread when it was posted here by Beta. skimming through that thread you can see this guy asking for it : https://www.gldtalk.org/index.php?topic=3789.msg17702#msg17702
which probably make him the one.

by the way, the reason I hadn't posted is because the community turned against me because I shut down Karmashares (because new IRS regulations basically implied that it was illegal, and no one else was willing to take responsibility for it).

For those who aren't aware, the details are here: https://bitcointalksearch.org/topic/m.19187783

If we want to get to a $100 million market cap, I'm your man.

Can I be trusted? My history shows that I can.

Am I passionate about Karma? My history shows that I am.

Will every community member agree with my proposals and actions? No. There isn't supposed to be a clear consensus. That's not the way business works, and Karma is a business (whether or not you like it). There should only be:

1) doing good things
2) keeping it simple
3) haveing a clear vision
4) developing a plan from that vision
5) executing on the plan
6) making lots of speculators happy
7) keeping the community (and users) happy

No worries, as I understand. I trust you to control it if you want to keep control. Or we could go back to sharing, as we had before. I just wanted it to be someone active so we can get things done, make updates, etc.

Karma needs action.

Do you know who has the Cryptsy wallet now?

Up until today. it was me and EastEagle. but since its clear he dropped this and is working on karma token, i reset everything and i control everything as of right now.

It's up to the community here to decide. Don't take this personal, but your just showing up now and asking for a take over abruptly. Now it's not like i am putting any work on karma here so if you can get users to agree to you can take the control again.

Hope you understand.

It would be nice to have an updated site. Do you know if the person who owns the site posts here?

We need someone who gets things done and is active. I'm willing to take some responsibility, as I see Karma hasn't seen much activity for a while. But it's great that there have been some developments and the community is still alive.

I'd like to take over the Karmateam account, put up a new website, assign myself the role of Chairman of the Board, outline the vision for Karmacoin, look for a CEO to execute, a dev to develop the vision, and start making good things happen. (Anyone else is welcome to do these things, but nothing much has happened yet.)

Let's make Karma great again Any objections?

Any idea who has the password for 'karmateam' now? The password has been changed. 'Karmateam' hasn't posted for 2 years, and I'd like to take over the account.

Thanks. Already have hosting. Will reply by pm soon.

yes, this is the same karma of this thread and what Kosmost is talking about.

also traded here https://alcurex.com/#KARM-BTC

This karma and that token have only one thing in common. Easteagle.

other wise two different thing.

The swedes are still running karma site http://www.givekarma.net/ . I still own the www.karmacoin.me domain and i forward it to their. Wallets are online there. well something is off. but if you scroll. you can find direct downloads of wallets.