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Author Topic: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good  (Read 340873 times)
Karmagood
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February 03, 2014, 10:58:20 PM
 #1

KARMACOIN

Doing good is good©



Launched February 4, 2014 - NO PRE-MINING!!!

Donations welcome: KM1Xjj1kZtcvm4Fa2JEjQFZgmz6aB1pQdJ

The Karmacoin community has created a currency that can be used to reward people for doing good. We see Karmacoin donation addresses appear in things like news articles about people who went above and beyond to be good.  Soon after someone reads the article like that they will now have a way to reward the person who did good. In order build the community quickly so that there is currency for rewarding, there are larger bonuses for the first 400,000 blocks than after that.  The founders are aligned with every individual - there has been no pre-mining.

Mission
The mission of Karmacoin is to provide a common, easy-to-use method for people to reward others for doing good things.

Goals

1)  Karmacoin to become the global "currency with heart"

2) Platform for the Good Economy. Karmacoin makes it easy to send small amounts of money to your friends, family, co-workers, neighbors, charities, and other causes for the good things they do.

3) Make "Give+Karma" a reality on the internet and in real life as ubiquitous as a "Like".

4) Enable people to "Give+Karma" via the 5 elements of the Karmacoin ecosystem:
  • Tipping - Internet tipping systems for Facebook, Twitter, Youtube, Google+, Reddit
  • Donating
  • Buying/Selling
  • Sharing
  • P2P Finance

Philosophy

Karmacoin is a powerful instrument in the symphony for global change. We can make the world a better place through lots of small, everyday actions. Karmacoin can be thought of as an incentive for more people to:
  • do good things
  • be kind towards others
  • express thanks
  • donate to groups that are doing good things

Traditional methods of transacting funds make it difficult to send both small and large amounts to people and causes that you care about. Giving a tip to a waitress, some small change to a stranger or a friend is easy when done in person. But over the internet it becomes impractical because of high transaction fees, which can make up a significant percentage of a small gift and, for large transactions, represent a large enough amount that could be better-utilized by the person or group receiving it.

By using Karmacoin, people can send money to help others quickly, securely, and with very low transaction costs.

Vision

Our vision is a world where people have an easy way to express thanks and reward others, and to share Karmacoin with groups and causes organizations that are doing good. An actual token of appreciation.


The KarmaWall and new website is live!: http://www.ikarmacoin.com

New Features include:
•   The Karmawall
•   New Forum
•   New Blog

Navigation to all things Karma:
•   Block Explorer
•   Charities
•   Contests & Giveaways
•   Development
•   Exchanges
•   Faucets
•   Forums
•   Gaming
•   Graphs
•   IRC
•   Mining Pools
•   P2Pool
•   Social Networks
•   Trading Post

Latest News- updated Mar 30 - 6PM EST
- New rewards program has kicked in, thanks all for updating your wallets
- New game site added: http://karmagames.info
- We now have the subreddit http://www.reddit.com/r/Karmacoin, please use this one (the old one /r/karmacoingood will be phased out)
- Community web site name choice is still going- too many of the great domain names suggested were already taken.  We will announce after we pick the name and are ready to make the site available!
- New giveaway http://www.mylisting.cc/services/other-services/giveaway-5000-karm-karmacoin-on-mylisting-cc_21


Upcoming Events - The value of your coins will grow as these events are completed
Major events completing over the next several weeks (give or take based on Karma volunteers)
1) Updates to the www.karmacoin.info site to make it a hub of communication for the community including forums, blogs, etc
2) Media 'road show' to let the news outlets know what Karmacoin is all about
3) Adding the Karma showcase to the www.karmacoin.info site which allows people to showcase good things they have done and ask for donations
4) A storefront to buy Karma-related products using your KARM

Karmacoin Market Information
http://coinwarz.com

http://altcoinstats.com

http://coinmarketcap.com

http://123doge.com


Based on your feedback, these projects can change as well so feedback always welcome!

Reddit
Many have been asking what the official subreddit is, it is http://www.reddit.com/r/Karmacoin.  (It used to be /r/karmacoingood, but that changed Feb 20 when the /r/karmacoin owner gave it to us)

Games
http://karmagames.info

Features
NO PRE-MINING
Mac, Windows, and Linux wallet
Includes Kimoto Gravity Well Algorithm
Scrypt based
1 minute block targets using Gravity Well
subsidy halves in 2.1M blocks (~4 years)
Approximately 92 billion total coins
10,000 coins per block with an additional bonus payout based on the block number being mined
240 blocks to retarget difficulty
port 9432

Payout (Note: these are the payouts of the new rewards program which begins Monday Feb 24, 2014)

0-10,000 blocks => 10,000 +1,000,000 bonus
10,000-25,000 blocks => 10,000 + 750,000 bonus
25,000-50,000 blocks => 10,000 + 500,000 bonus
50,000-100,000 blocks => 10,000 + 250,000 bonus
100,000-200,000 blocks => 10,000 + 100,000 bonus
200,000-300,000 blocks => 10,000 + 25,000 bonus
300,000-400,000 blocks => 10,000 + 10,000 bonus
400,000+ blocks => 10,000 coins

 
Giveaways and Contests
Sponsors: cryptowho and dmgta: http://www.reddit.com/r/karmacoingood/comments/1x4sj9/karma_giving_out_1_million_of_free_karma_up_to/

http://altcoingiveaways.com/index.php/topic,838.0.html

KarmaLovesDoge Caption Contest: https://bitcointalk.org/index.php?topic=453166.msg4992171#msg4992171 (Please donate!)

http://www.mylisting.cc/services/other-services/giveaway-5000-karm-karmacoin-on-mylisting-cc_21

http://www.cryptoindia.org (giveway for first 100 registrants)

New video contest : (2M Karmacoins price)
http://www.reddit.com/r/Karmacoin/comments/20w5py/karmacoin_video_contest_come_participate/



Exchanges
MintPal:   https://www.mintpal.com/market/KARM/BTC  

Coin-Swap:  https://coin-swap.net/

NewaltEx:  https://www.newaltex.com/exchange/karm_btc

CryptX.io:   https://CryptX.io

PMToCoins:  http://www.pmtocoins.com

Cryptorush: https://cryptorush.in/index.php?p=trading&m=KARM&b=BTC

Bleutrade: https://bleutrade.com/exchange/KARM/BTC

Wallet Generator
http://karmaaddress.org   (Thanks to javijavier)


Websites
http://karmacoin.info/

http://www.karmashare.me/
http://www.karmacoin.me/
http://www.karmafund.me/

Mining Pools
http://pool.karmacoin.info

http://karma.hashstrike.com

http://pool.code4.us/karm/

http://www.xhash.net

http://karm.multi-pool.eu/

http://karm.hasher.ca

http://karma.miners-point.com/

https://karm.hash.so/

http://www.coinmine.pw/

http://karm.charityminingpools.com

Faucets
http://earncryptocoins.com/

http://karmacoin.altcoinfaucet.net/

http://bitcoinmafia.com/other-altcoins/karmacoin/

Resources
Block Explorer:    http://explorer.karmacoin.info
Facebook:    https://www.facebook.com/pages/Karmacoin/283869311761544
Reddit:    http://www.reddit.com/r/karmacoingood
Twitter:    https://twitter.com/Karmacoingood
Source Code:    https://github.com/karmacoin-team/karmacoin
 

Download Wallets (Wallets were updated to change the reward payouts 2/20/2014)
Windows installation program (setup.exe):    
http://www.ikarmacoin.com/images/downloads/karmacoin-0.8.6.2.4-win32-setup-exe.rar (remove .rar at the end of this URL to download it - the forum blocks the link otherwise)

Windows zip file only:    [url=http://www.ikarmacoin.com/images/downloads/karmacoin-0.8.6.2.4-win32.zip]http://www.ikarmacoin.com/images/downloads/karmacoin-0.8.6.2.4-win32.zip


Mac:    http://www.ikarmacoin.com/images/downloads/karmacoin-qt-0.8.6.2.4.pkg

Linux:    http://www.ikarmacoin.com/images/downloads/karmacoin-0.8.6.2.4-amd64.deb


How to upgrade your wallet to the 0.8.6.2.4 version (Everyone must upgrade their wallets by Feb 24 10AM EST
How to install:

Windows
1) Close the wallet if it is running
2) Backup your wallet first!!!
  - In the wallet click on File->Backup Wallet
  - Save the wallet in a safe place that no one else can get to
3) Download the install program and run it
  - The title on the main window of the install program is "Karmacoin 0.8.6.2.4 Setup"
4) To validate it installed
  - Go to Help->About
  - You should see Karmacoin version v0.8.6.2.4-g000002-beta at the top of the About window
  - if you do not, then download the updated wallet and install again


Mac
1) Close the wallet if it is running
2) Backup your wallet first!!!!
  - In the wallet click on File->Backup Wallet
  - Save the wallet in a safe place that no one else can get to
3) Download the install program (.pkg) and run it
4) To validate it installed
  - Go to Karmacoin-Qt->About Karmacoin-Qt
  - You should see Karmacoin version v0.8.6.2.4-g000002-beta at the top of the About window
  - if you do not, then download the updated wallet and install again

Linux
1) Close the wallet if it is running
2) Backup your wallet first!!!!
  - In the wallet click on File->Backup Wallet
  - Save the wallet in a safe place that no one else can get to
3) Download the debian package and run it with
  - sudo dpkg -i karmacoin-0.8.6.2.4-amd64.deb
4) To validate it installed
  - Go to Help->About
  - You should see Karmacoin version v0.8.6.2.4-g000002-beta at the top of the About window
  - if you do not, then download the updated wallet and install again
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P-Funk
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Token


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February 03, 2014, 11:16:10 PM
 #2

You might want to put the name of the coin in the title.

FreePls
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February 03, 2014, 11:17:24 PM
 #3

no premine and some kind of funny bonus rewards, like that  Smiley

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February 03, 2014, 11:17:50 PM
 #4

You might want to put the name of the coin in the title.

 Grin
johnngbluntzky
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February 03, 2014, 11:19:38 PM
 #5

no premine and caliing out karma. i'll mine for sure.

twistedtrick
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February 03, 2014, 11:30:13 PM
 #6

That's a fine coin logo you have there.
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February 03, 2014, 11:31:36 PM
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That's a fine coin logo you have there.

yea im not exactly sure if this should be a dick with thorns or just an elephant  Shocked

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February 03, 2014, 11:31:46 PM
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dont mess it with premine. and what is the rate of hitting a bonus ?
Bitcoin Is A Great Idea
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It is! :)


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February 03, 2014, 11:33:40 PM
 #9

Waiting the launch. As others said, hope the launch is fair.

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February 03, 2014, 11:46:47 PM
 #10

https://github.com/karmacoin-team/karmacoin

i can haz bad karma
chris112
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February 03, 2014, 11:48:30 PM
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Waiting the launch. As others said, hope the launch is fair.

what is a detailed definition of a fair launch?
ymer
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February 03, 2014, 11:52:11 PM
 #12

the bonus are too big... a 2,000,000 bonus is worth 200 blocks...

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February 03, 2014, 11:56:12 PM
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the bonus are too big... a 2,000,000 bonus is worth 200 blocks...

blocks doesn't matter here because they never get a blockhalf, the bonus is the key here

UrsaMajorisBeta
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We are the ones we've been waiting for


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February 04, 2014, 12:04:13 AM
 #14



COINGEN COINGEN COINGEN COINGEN COINGEN!!!!!!!!!!!!!!
http://coingen.io/status.html
gambino
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February 04, 2014, 12:08:06 AM
 #15



COINGEN COINGEN COINGEN COINGEN COINGEN!!!!!!!!!!!!!!
http://coingen.io/status.html


dude... coingen doesn't allow users to set bonus blocks


Quote
0-10,000 blocks => 10,000 + up to 2,000,000 bonus
10,000-25,000 blocks => 10,000 + up to 1,500,000 bonus
25,000-50,000 blocks => 10,000 + up to 1,000,000 bonus
50,000-100,000 blocks => 10,000 + up to 500,000 bonus
100,000-200,000 blocks => 10,000 + up to 200,000 bonus
200,000-300,000 blocks => 10,000 + up to 50,000 bonus
300,000-400,000 blocks => 10,000 + up to 20,000 bonus
500,000+ blocks => 10,000 coins
Karmagood
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February 04, 2014, 01:50:30 AM
 #16

no premine and caliing out karma. i'll mine for sure.

DaMoonIsDaFuture
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February 04, 2014, 01:54:24 AM
 #17

Why 6AM CET?
hoju2k
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February 04, 2014, 01:59:34 AM
 #18

Why not?
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February 04, 2014, 02:00:08 AM
 #19

come join us at http://webchat.freenode.net/?channels=%23karmateam#
DaMoonIsDaFuture
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February 04, 2014, 02:02:38 AM
 #20

Why not?

CET? 6AM?

For CET 6AM is a bad time, so if not in CET zone then why choose CET? And if in CET zone then why 6AM?
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