Topic: WELCOME to nhzKARM ASSET come join our movement forward to good economy - page 2. (Read 5139 times)

What is nhzKARM asset?

It is a cryptographic asset created within the NHZ Asset Exchange, directly proportional to the number of the total Karma, crypto currency of 92 Billion. With the proportion of 1000 KARMA:1 nhzKARM asset.

It can only be acquired by exchanging your NHZ coins received as a reward for doing a bounty-eligible action/s for NHZ network including but not limited to helping to advertise NHZ. Purchasing NHZ with fiat money for the purpose of acquiring nhzKARM is totally discouraged.

Acquisition of nhzKARM assets share is limited to a maximum of 1,840,000 nhzKARM assets or equal to 2% total assets share.

IF YOU ACCIDENTALLY TRADED FOR MORE THAN THAT, YOU HAVE TO REMEMBER THAT ONLY 2% PER NHZ ACCOUNT WILL BE ELIGIBLE FOR BONUSES.

1. You can try to trade the excess back to the asset issuer account at the same trade value you acquired those assets(asset issuer repurchasing will be based on the availability of funds and is not mandatory)
2. Keep it in your NHZ account, because while the excess to the 2% may not get bonuses, asset market trade value may rise and you can trade the assets to the open market anytime.
3. Send it to other NHZ accounts of your family, friends or acquaintance where those excess assets will be eligible to get bonuses.

All bonuses will be made using KARMA and no other.



What is nhzKARM purpose?

1. Through this asset, Karma holders can earn bonuses and increase their Karma holdings by buying a percentage of the total number of nhzKARM assets.

2. This asset will also create some market buy support for Karma. One of the source of growth of this asset is coin trading of Karma and NHZ cryptocoins.

3. A part of this asset will also be used to rent mining rigs to mine Karma to lend network support for Karma.

4. An opt in 10% of the bonuses generated by various asset ventures will be collected for further development of APPS and services for Karma.

5. An opt in 10% of the bonuses generated by various asset ventures will be set aside for Karma-community-chosen charity organization or drive.

6. When NHZ network is properly equipped as their developers are continually improving asset exchange services and utilities, this asset can be traded too with other form of NHZ assets.

7. This asset will also compensate for funding needs of Karma services development and maintenance instead of continually running a donation call.



How will this work?

1. To be able to get nhzKARM assets, you will need to install an NHZ wallet. Here are the links and tutorial on how to do that. http://nhzcrypto.org/pages/wallet-downloads/, https://www.facebook.com/media/set/?set=a.1455308544755606.1073741829.1440640676222393&type=1

2. Once you have installed and secured your own wallet and account with a very long pass phrase, you can now receive/accept some NHZ rewards or trade for NHZ cryptocoins from Poloniex exchange: https://poloniex.com/

3. When you have transferred enough number of NHZ cryptocoins to your own wallet, click the tab on the left side of your wallet window that is labeled "Asset Exchange", it will open the Asset Exchange window with a small button on the top right side labeled "ADD ASSET", click that and paste the Asset ID number of nhzKARM: 14027245553053047036. You will then see the available nhzKARM assets that are available for trading.

4. When you see the asset, you can now trade with the current IPO trade value of 10 nhzKARM assets per 1 NHZ coin. When all of the amount of nhzKARM assets for phase one distribution has been traded off (23 000 000), the value you will see will be 1 nhzKARM asset for every NHZ coin. Trade as much as 1,840,000 or equal to 2% total asset share (acquiring limit).

5. After you have traded for the amount of nhzKARM assets that you want, you have to send a message to NHZ-793P-2V2F-4TJS-62775, containing the following details:

a. Your Karma Wallet Address, this will be used to send your bonus later.
b. Your preferred Karma nickname.

6. Through the NHZ block explorer, all the transaction details, like when, how much and which account traded the nhzKARM assets, can be checked later for bonus distribution.

7. After 7 days from the day of this nhzKARM IPO announcement, the first weekly bonus will start, the first bonus distribution will thus happen on the 15th of October, 2014.

8. Along with a substantial bonus, a message will be sent to your NHZ wallet asking if you want to allocate:

a. 10% of your profit for KARMA development fund
b. 10% of your profit for Karma charity fund.

You have all the right to choose. When you opted-in to these fund allocations, your next Karma bonus will be reduced accordingly.

9. All nhzKARM assets can be traded, transferred and gifted. The current holder of the asset will be the one eligible to receive the bonus of the immediate round of bonuses, provided they have sent in their KARMA wallet address through the NHZ wallet messaging function. (KARMA WALLET ADDRESS SHOULD BE SENT THROUGH THIS FOR EASY REFERENCE ON WHO OWNS WHICH KARMA ADDRESS)

10. The NHZ wallet address of the new owners who have not sent in their KARMA wallet address should do so before the next bonus distribution or their bonus will be forfeited for that period and added again to the next round of bonus distribution.


11. Bonuses will be sent to an account which hold the asset in the FULL PERIOD of the bonus period.

   For example:
   Assets holder before Oct. 08, 2014 will receive the bonus of the period of OCT 08, to OCT 15, 2014 on Oct 15/16, 2014.

12. All unclaimed or are not possible to send bonus because of the absence of a KARMA address by an assets holder will be forfeited and will be added to the bonus of the next distribution to all assets holder.

   For example: NHZ-XXXX-XXXX-XXXX-55555 holds 1% nhzKARM asset but failed to send KARMA address. His one percent bonus will be forfeited on the bonus round that his KARMA address is not yet available, that 1% will then be added to the total of bonuses that will be distributed on the next payout round to ALL nhzKARM assets holder.




NOTE** These arrangements may prove sub-optimum as the crypto-world environment evolve, any and all adjustments will be conveyed through the NHZ wallet addresses of the nhzKARM holders and on corresponding forum threads and webpages such as this one.


Where will the cryptocurrency growth of nhzKARM come from?

The collected fund from the trade of these assets will be used for mining, coins trading and NHZ coins staking. Other growth generating project will also be sought in the future, such as but not limited to online selling of tangible products. 100% growths made through these ventures will be distributed to nhzKARM asset holders, according to the percentage of the asset they have, against the total number of nhzKARM assets.



Why is this a good way to support KARMA?

Because this method is more sustainable compared to the usual donation-calling for every KARMA development and maintenance need that comes up. It is also more secured than just sending KARMA coins to a wallet and hoping that those coins will be safe and growing. In this method, everyone will have the value of their coin in their control, they can choose to trade the assets they have if ever they need to convert it again into another form of crypto currency or asset.

This will also bring the whole KARMA community in tune with the changing crypto currency landscape by making use of the emerging assets exchanges advancements. Paving the way into a more liquid KARMA economy by providing many potential users, another way to acquire KARMA.

When the multigateway method is finally implemented into the NHZ network, it will also be a way to instantly exchange Karma into any other supported crypto coin or asset without going to a coin exchange.


Is there a guarantee to the safety and growth of my NHZ cryptocoins into this asset?

As in any venture, risk of loss is never totally eliminated, so it will be wise to trade-in only the amount that you can comfortably afford to lose.



Why do we used NHZ network and not NXT, when it is the pioneer into this kind of Asset Exchange and NHZ is only a clone of it?

1. It has to do with the trade value. As of today(OCT 01, 2014) 1 NXT coin is now 7000+ satoshis, while 1 NHZ coin is 200+ satoshis only.

2. The NHZ developers are composed of many trustworthy people who have proven their capacity in helping out the cryptocoin communities, like James Clayton who is also one of Karma community's member. I would say with NHZ we're in good company. http://nhzcrypto.org/threads/the-nhz-development-marketing-team.672/, https://www.dropbox.com/s/fckmzm1l1tx1r13/14-09-25%20NHZ%20TEAM%20%285%29.pdf?dl=0, http://nhzcrypto.org/pages/the-next-horizon-team/

3. NHZ has also proven their good promotional effort by rising in value in such a short time, while doing a fairer method of coin distribution. http://nhzcrypto.org/threads/2-sale.462/#post-1888


Is there a way to earn free NHZ coin, so I can also take part in this nhzKARM asset without personal risk?

Yes, in fact that is one of the best characteristic of NHZ, the developers are distributing NHZ through bounties and giveaways that they usually announce in their forum and Facebook page, why don't you try to get involved, just for fun of getting your free NHZ coins! I joined two of their promos before and I earned 151,000 NHZ in total! This free coin is enough to get 1,510,000 nhzKARM assets already. Well, I sure hope that they are giving more free coins as big as those I joined with.

https://www.facebook.com/groups/NxtHorizonCrypto/780485108682580/?ref=notif¬if_t=group_comment_reply,

Make an NHZforum account and check out their announcements! http://forum.nhzcrypto.org/index.php/board,15.0.html



FREE nhzKARM ASSETS??

"I have been a loyal supporter of KARMA ever since"..."I have donated for different Karma related activities, even to your activities, is there any nhzKARM asset giveaway for me?"

In fact there is a give away to all those KARMA community members who have been very generous, when it comes to supporting KARMA related promotion and funding needs.

I even prepared a picture to prove it. All those listed below will receive the calculated amount of free nhzKARM assets indicated, provided they claim them within one week from now (Oct. 01, 2014-Oct 08, 2014) or those free nhzKARM assets will be forever forfeited.






All others who are also interested for some free nhzKARM assets may tweet, share in Facebook or maybe make a MEME of this great new ASSET we can call our own. I will edit in the Facebook group for this asset later and please join us there for easier activity coordination and receive your free nhzKARM assets.