I hope that you guys are observing how most ICOs and IPO and other initial coin offerings are supporting their "TEAMS". There are usually the automatic percentage allocated for them, for the sole reason that they created the currency. Which eventually leads to the team members dumping too much on the market when the price starts rising, killing momentum and trust over the whole thing and ending the viability and sustainability of the whole project and their related smaller endeavors.
In comparison here in our
Good Karma Society, our leaders will only get KarmaToken by declaring the time/hours they can dedicate for the Society per day, 6 days a week. Encouraging sustained efforts of all interested parties, the rates of payment will be determined at this initial stage and will be given to the leaders every 2 weeks, as long as they keep working on and for the Society of Karma. For example if the fair(not too low, not too high, as of the moment NOV042016) rate per hour is 500KTN then, if a dedicated Society leader has declared, he can concentrate 1 hour per day for our projects; then he will receive 6000 KTN every 2 weeks. Until he either quits or kicked from his responsibilities.
This way, the Society and its projects are protected, its leaders will not lose interest when their ICO share is depleted as in other currency projects and just because they have no means of getting the supporting currency again other than buying from the holders and getting them that way has no relation whatsoever whether they continue working for the good of the projects or not. BTW, our leaders have to exchange their KARMA too, to get an initial amount of KarmaToken(KTN).
It also give more encouragement for the current leaders to work even harder and with more enthusiasm, with the knowledge that the currency they receive will be worth more when their plans work out and their projects are realized. The 10 dollars worth of KTN today will be worth more after 1 month or some months later. Thus proportionately compensating the leaders efforts. Everyone holding and supporting our Good Karma society benefits. While ensuring the currency's utility. Unlike any "advanced" token that have no real life use and needing a hardfork every now and then.
I am personally very happy at this stage that every thing planned so far is doing great. Today the first batch of the KarmaToken will be sent to those who have requested the swap. Facebook advertisement done by delaforetnoire is also receiving great activity(more than what we expected actually). Our other social media posts and friendly support from other sites are coming in...slowly but surely, I guess everyone is happy to see an honest to goodness Society is forming amidst this shady side of town we call crypto.
So, a heartfelt thanks is in order for all of you who have lent a hand, no matter how small, it is this gleam of hope that there's good in everyone that keeps us going. Remember we are not doing this just to have a cryptocurrency but to build a Good Karma Society founded on the philosophy that GOOD KARMA wealth is better than financial gains. Though getting them both is also preferable.
I would like to let you all know that the scheduled AIRDROP will be accelerated by 2 weeks, so it will be done by Nov 16, 2016. The world is ending they say, so we might as will do fast what we can do fast. I hope you are one of the people that will get some free KarmaToken. -east
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