It's a little awkward to introduce this as "my" project, because it isn't really. The idea is older than my involvement in it. Karmacoin existed back in 2014 as a small attempt to put recognition on-chain, the simple idea that you could thank someone in a way nobody could undo. The original developer gave up and made me, a community member, project manager a couple of months after it launched. Through a new protocol called Karmashares we introduced the first true ICO to the world, inspiring Mastercoin two weeks later and many other projects thereafter.
reference 1:
https://de.wikipedia.org/w/index.php?title=Initial_Coin_Offeringreference 2:
https://archive.is/hqCeb(I also announced it right here on BCT at the time)
More than a decade later the structural problems of that early model have been solved at scale through deterministic, contract-defined choices. So KarmaFi is an attempt to rebuild it with the parts that exist now: an immutable contract that facilitates transparent burns, a recognition pool funded by participants instead of by a founder's promises.
When you recognize someone, you spend KCG (or UPA on BSC). 97% of it is burned. The person you recognized gets a claim on that period's ETH (or BNB) recognition pool, which everyone who participated that day funded. You don't get a return. Good karma is the thing you should expect.
KarmaFi is social DeFi where • proceeds fund a community recognition pool
• participants decide who gets recognized, on-chain
• daily rewards are proportional to votes and spread across many people
• mint price is set automatically by demand using simple math, not hype;
• daily supply grows or shrinks with demand
• 97% of tokens spent rewarding others are burned, 3% to the Alignment Fund
• no one — not the creators, a proposal, or a vote — can alter these rules
Contract Data – Ethereum(scheduled to launch June 11, 2026)
• Token address: [
coming]
• Verified source: [
coming]
• Ownership renounced: [
coming]
• 210 billion tokens
• Period length: 24 hours
• Website:
https://www.karma.financeContract Data – Binance Smart Chain(scheduled to launch June 9. 2026)
• Token address: [
coming]
• Verified source: [
coming]
• Ownership renounced: [
coming]
• 210 billion tokens
• Period length: 24 hours
• Website:
https://www.upatron.comThe contracts follow fixed rules each period:Price — If more than half of the daily supply was obtained, the price for the next period rises in proportion to the size of that excess. Otherwise it stays the same.
Minting (daily supply) — The number of new tokens released adjusts to the prior period's activity: more than half obtained increases it, less than half decreases it, down to a fixed floor of 2,100,000 tokens.
Unsold burn — Any of the supply not obtained by the end of the period is burned and permanently removed from circulation.
Vote burn — When tokens are spent to back someone, 97% of that amount is burned and 3% goes to the Alignment Fund.
The contract's ownership will be renounced the day of launch — no one can change a rule, change a percentage, freeze a wallet, or reverse a transaction. You don't have to trust me on that; it will all be readable on-chain (and a relatively simple contract that isn't difficult to understand).
How to ParticipateYou can either:
◦ Get the token, and keep it until you're ready to use it
◦ Recognize an address you want to support
or, claim your share of the recognition pool
More • Telegram:
https://t.me/KarmaFi_official • Upatron Telegram:
https://t.me/UPatronOfficial • X:
https://x.com/karmafi_official
Disclaimer • Risks — read this first.
[KCG / UPA] are participation tokens, not investments. Buying it isn't buying a share of anything, and no one promises you a return. You can lose everything. Don't spend anything you can't afford to lose completely.
The recognition pool isn't income or yield. It comes from other participants, gets split among many recipients, and is never guaranteed. Good karma is the only thing you should expect.
When you recognize someone, 97% of the tokens you spend are burned. The 3% that goes to the Alignment Fund also leaves your wallet for good.
The contract is immutable and ownership is renounced. That's the point — but it also means no one can help you. No one can reverse a transaction, recover tokens sent to the wrong address, undo a mistake, patch a bug, or change a rule. There's no admin, no support line, no refunds.
Smart contracts can have bugs. Even audited code can be exploited. If that happens, your funds may be lost with no recourse.
Prices move. The contract sets the mint price; any secondary market does not — it can be volatile, illiquid, or vanish entirely.
Network (gas) fees are real and non-refundable, whatever happens to your transaction.
Laws vary. Crypto may be restricted or taxed where you live. You're responsible for knowing your own rules and paying your own taxes. If participating isn't legal for you, don't.
This isn't financial, legal, or tax advice, and we're not your advisor. Do your own research; if it matters, ask a professional before you act.
The website can go down — the contract keeps running without it. Bookmark the contract address page.
By participating, you accept all of this.
•
Community Guidelines 🔹
Please read before participating; if you don't agree in full, please don't participate. Participation here is entirely optional and carries no obligation. By taking part, you acknowledge that the token is a utility, not an investment — it serves no investment purpose and has no inherent monetary value — and you agree not to use a community-created forum for price talk. Keep posts relevant, in English, and civil: no shouting, insults, slurs, abusive or threatening language, trolling, stalking, or harassment, and no attacks on the group, its members, or its admins. Prohibited content includes spam and advertising (including unsolicited DMs), referral-code spam, bots, NSFW material, begging, doxxing, ad-gated link shorteners, blog spam, and links to phishing, malware, or illegal/scam sites (a relevant link shared with a clear warning and valid reason is fine). Don't post baseless "scam"/FUD or misleading, fabricated, or sensationalist claims — if you have genuine concerns, explain them constructively; if you simply disagree with the project, you're free to leave. Moderators may remove posts, or mute or ban members, for these or similar reasons at their discretion (first offenses usually get a warning). Otherwise, we warmly encourage thoughtful, productive participation. Your kindness and help are sincerely appreciated. 🙏
