[ANN][KARM] Karma / ₭ / X11

[Maurizio]

What's going
Network hashrate in http://www.xhash.net/index.php?coin=karmacoin&page=statistics&action=pool is 5 GH/s!  

Mysterious KARMA coin  

[1714308460]

1714308460

[kosmost]

I would argue that everyone who is currently relatively ignorant of crypto needs it - or at least needs to be introduced to it.

Also, just my opinion, but I think we should concentrate for a little while on what Karma needs.

Thanks for your response bondi. The idea is for the new members to then bring in a lot more members through their own giveaways. It will be hard work but given the right incentive I believe I can put together a solid, if unorthadox team.

The #1 thing that Karma needs is people who need Karma.

[kosmost]

I can donate 1mill to this but I think it should be donated about 100.000 max to new people.
I know what you're saying about donating 1 mill to each new member but I think 100.000 may be enough and we can attract a lot more people.
Just a thought...

Recruiting 2 people who need Karma is worth more than 100 people in the crypto community, perhaps.

I doubt if Karma will grow much without the people who need it.

That is true.

Do you have ideas/plans that you want to share with us about how to recruit people that need the coin?

If our market is unbanked persons in the Philippines, or whatever, then we involve them in our conversations.

We seem to be building a coin for other crypto enthusiasts when we should be focusing on who needs something like Karma the most.

We find those people and simply talk with them. It's a kind of market research, yes, but at the same time it's building a user community. Right now we don't really have actual users. Our community is more of the dev community.

In the same way that Microsoft didn't build and market Windows for devs, we should not be building and marketing Karma for devs, miners, and 'hobbyists'. We can have resources to support and facilitate those people, but that should not be Karma's focus, I think.

We seem to be building out developers.windows.com before www.windows.com (i.e., before we have a product/service that people need/use)

[ptman]

I can donate 1mill to this but I think it should be donated about 100.000 max to new people.
I know what you're saying about donating 1 mill to each new member but I think 100.000 may be enough and we can attract a lot more people.
Just a thought...

Recruiting 2 people who need Karma is worth more than 100 people in the crypto community, perhaps.

I doubt if Karma will grow much without the people who need it.

That is true.

Do you have ideas/plans that you want to share with us about how to recruit people that need the coin?

If our market is unbanked persons in the Philippines, or whatever, then we involve them in our conversations.

We seem to be building a coin for other crypto enthusiasts when we should be focusing on who needs something like Karma the most.

We find those people and simply talk with them. It's a kind of market research, yes, but at the same time it's building a user community. Right now we don't really have actual users. Our community is more of the dev community.

In the same way that Microsoft didn't build and market Windows for devs, we should not be building and marketing Karma for devs, miners, and 'hobbyists'. We can build out have resources to support and facilitate those people, but that should not be Karma's focus, I think.

We seem to be building out developers.windows.com before www.windows.com (i.e., before we have a product/service that people need/use)

I like what you say.
Do you have ideas about how to talk with those people?

[bondi]

I can donate 1mill to this but I think it should be donated about 100.000 max to new people.
I know what you're saying about donating 1 mill to each new member but I think 100.000 may be enough and we can attract a lot more people.
Just a thought...

Recruiting 2 people who need Karma is worth more than 100 people in the crypto community, perhaps.

I doubt if Karma will grow much without the people who need it.

That is true.

Do you have ideas/plans that you want to share with us about how to recruit people that need the coin?

If our market is unbanked persons in the Philippines, or whatever, then we involve them in our conversations.

We seem to be building a coin for other crypto enthusiasts when we should be focusing on who needs something like Karma the most.

We find those people and simply talk with them. It's a kind of market research, yes, but at the same time it's building a user community. Right now we don't really have actual users. Our community is more of the dev community.

In the same way that Microsoft didn't build and market Windows for devs, we should not be building and marketing Karma for devs, miners, and 'hobbyists'. We can build out have resources to support and facilitate those people, but that should not be Karma's focus, I think.

We seem to be building out developers.windows.com before www.windows.com (i.e., before we have a product/service that people need/use)

We need the infrastructure ready first so it's normal to be a "dev community"(don't agree 100% with this because a greater part aren't devs).
I've already said that we need our "karma evangelist" on the ground so they can introduce Karma to people. And those evangelist must be trusted persons within a community so Karma adoption will grow faster and will be less skeptics....  

[altcoingood]

What's going
Network hashrate in http://www.xhash.net/index.php?coin=karmacoin&page=statistics&action=pool is 5 GH/s!  

That is an error, check with your own client or another pool, it should be ~800mh/s

[ptman]

I can donate 1mill to this but I think it should be donated about 100.000 max to new people.
I know what you're saying about donating 1 mill to each new member but I think 100.000 may be enough and we can attract a lot more people.
Just a thought...

Recruiting 2 people who need Karma is worth more than 100 people in the crypto community, perhaps.

I doubt if Karma will grow much without the people who need it.

That is true.

Do you have ideas/plans that you want to share with us about how to recruit people that need the coin?

If our market is unbanked persons in the Philippines, or whatever, then we involve them in our conversations.

We seem to be building a coin for other crypto enthusiasts when we should be focusing on who needs something like Karma the most.

We find those people and simply talk with them. It's a kind of market research, yes, but at the same time it's building a user community. Right now we don't really have actual users. Our community is more of the dev community.

In the same way that Microsoft didn't build and market Windows for devs, we should not be building and marketing Karma for devs, miners, and 'hobbyists'. We can build out have resources to support and facilitate those people, but that should not be Karma's focus, I think.

We seem to be building out developers.windows.com before www.windows.com (i.e., before we have a product/service that people need/use)

We need the infrastructure ready first so it's normal to be a "dev community"(don't agree 100% with this because a greater part aren't devs).
I've already said that we need our "karma evangelist" on the ground so they can introduce Karma to people. And those evangelist must be trusted persons within a community so Karma adoption will grow faster and will be less skeptics....  

I also agree that we should focus on having the at least the bare minimum in terms of infrastructure (i.e. API for easily building services around Karma).

[Maurizio]

Paypal goes Bitcoin

http://techcrunch.com/2014/09/08/paypal-braintree/

[kosmost]

Please note that the thread I created to discuss alternatives to the way I handled the Karmashares closure:http://karmashares.com/forums/index.php/topic,618.0.html will be closed within a day.

Since we heard "I don't like the way it was handled" or "it could have been handled better" by quite a few and no one presented their "better" way to do it there is nothing more to discuss.

When it's closed I will no longer be discussing Karmashares and the Karma community can continue focusing on making the future better

[kosmost]

I also agree that we should focus on having the at least the bare minimum in terms of infrastructure (i.e. API for easily building services around Karma).

Realistically-speaking, this won't take 100 people thinking and doing anything about it.

But 100 people can think about how we can truly add value, and Karma can be more effective because of it.

The API can be done by 1-2 people. The only question is who will do it. Therefore using this forum to focus on the API may not be a good use of time.

[bitwho]

Votes, Comments, Suggestions needed:

"Karma Services & Property Transition Thread... Who Should Take Over Karma?"

http://karmashares.com/forums/index.php?topic=624.0

i think you should keep control of all these and continue your mission to bring Karma to Asia


if anyone else takes over with purpose to build the backbone of karma to cater to crypto world and mainly here in BTT will result in karma loosing momentum and becoming a coin that few people tip in facebook or reddit until it fades away. Not to mention it will always be overshadowed by dogecoin and bitcoin.   


i dont like what kosmot did at all, but i think he is still the best contender to get Karma somewhere.

[kosmost]

I like what you say.
Do you have ideas about how to talk with those people?

One simple way could be to go to odesk.com and hire people in the Philippines that could connect with those people, ask questions, make suggestions, etc. (for $2-5 an hour). The same people could later introduce and market Karma.

[compumine]

What is happening to karma??

I've been mining this coin since the beginning.  Before it was even offered in BTC market, which in my opinion killed it.  Now it's down over 30% !!  And all I read is arguments on the thread!! 

Its called "Karma".  What happened??  I'm I wasting my electricity on this coin now??

[kosmost]

I can donate 1mill to this but I think it should be donated about 100.000 max to new people.
I know what you're saying about donating 1 mill to each new member but I think 100.000 may be enough and we can attract a lot more people.
Just a thought...

Recruiting 2 people who need Karma is worth more than 100 people in the crypto community, perhaps.

I doubt if Karma will grow much without the people who need it.

We need people in crypto community to be able to introduce Karma to those who need it.

Can you explain why we need crypto people to explain it?

Should technical people explain a product to a potential user?

The best people to explain may be people like the users. This way, the users can relate to the product/service.

We're not selling the technology. We are selling the benefits. And who best knows the benefits than someone like themselves that has perhaps used it before or at least knows the best ways that other person can use it?

[kosmost]

We need the infrastructure ready first so it's normal to be a "dev community"(don't agree 100% with this because a greater part aren't devs).
I've already said that we need our "karma evangelist" on the ground so they can introduce Karma to people. And those evangelist must be trusted persons within a community so Karma adoption will grow faster and will be less skeptics....  

We have the core infrastructure already. It's called Karma.

What we build out should depend on how the people who need Karma are going to use it.

We are presuming we already know how when we do not. We are putting the cart before the horse when we may have cars by the time we actually need the cart.

Let's take 2 scenarios

1 - Spend 1 month building an API then 2 more months finding developers who want to build something for it. (Still don't have actual users who need and want to use Karma)

2 - Find 1 grocery store owner in the Philippines. It can be a small market, whatever. Introduce Karma as just another service to make money on. (Nobody cares about crypto so there is no need to market it as such) Set up a simple way for people to exchange Karma for items in his store. Get the Karma community to donate $100 to drive down the Karma price of his popular items to be much lower than the cash price (with price comparison stickers). The next step would be to get his customers to get their relatives in the US, Hong Kong, Australia, and other places Karma instead of the cash they usually send. The senders save on transfer fees (instead of using Western Union) and the receiver saves on the item they want to buy.

In scenario 1 you have an API (hopefully working) but no users who need Karma.

In scenario 2 you have users who want Karma and like using it. The API can be developed at the same time (or later) when developers have something to use it for.

Market Karma as a cheap way to transfer money from one place to another, not as "crypto". 99% of the population doesn't care about crypto and we can't force them to care. But there are quite a lot of people that would love to save money on transfer fees. And the people receiving the money would get a bonus.. instead of receiving $175 of value like they usually do they receive $200 worth (from the money saved on these fees) so they would love it too.

The cryptocurrency challenge (finding its market) doesn't require technical solutions, but social solutions.

[kosmost]

i think you should keep control of all these and continue your mission to bring Karma to Asia


if anyone else takes over with purpose to build the backbone of karma to cater to crypto world and mainly here in BTT will result in karma loosing momentum and becoming a coin that few people tip in facebook or reddit until it fades away. Not to mention it will always be overshadowed by dogecoin and bitcoin.  


i dont like what kosmot did at all, but i think he is still the best contender to get Karma somewhere.

How can you say you don't like it when you didn't suggest an alternative that keeps my skin out of the boiling pot?

The thread is still open, awaiting comments on how it 'should' have been done.

http://karmashares.com/forums/index.php/topic,618.0.html

So many people have claimed, ".. it could have been handled differently". I'd love to hear better alternatives.

[Maurizio]

i think you should keep control of all these and continue your mission to bring Karma to Asia


if anyone else takes over with purpose to build the backbone of karma to cater to crypto world and mainly here in BTT will result in karma loosing momentum and becoming a coin that few people tip in facebook or reddit until it fades away. Not to mention it will always be overshadowed by dogecoin and bitcoin.   


i dont like what kosmot did at all, but i think he is still the best contender to get Karma somewhere.

How can you say you don't like it when you didn't suggest an alternative that keeps my skin out of the boiling pot?

The thread is still open, awaiting comments on how it 'should' have been done.

http://karmashares.com/forums/index.php/topic,618.0.html

Hendo Kosmost

What are you doing? Try to create a new hype to dump what you still have from your billions?
It was shameless what you did with 42coin, why am I wondering about whats going on...

[mouseman]

Go on, we're listening.

I can donate 1mill to this but I think it should be donated about 100.000 max to new people.
I know what you're saying about donating 1 mill to each new member but I think 100.000 may be enough and we can attract a lot more people.
Just a thought...

Recruiting 2 people who need Karma is worth more than 100 people in the crypto community, perhaps.

I doubt if Karma will grow much without the people who need it.

I would argue that everyone who is currently relatively ignorant of crypto needs it - or at least needs to be introduced to it.

Also, just my opinion, but I think we should concentrate for a little while on what Karma needs.

Thanks for your response bondi. The idea is for the new members to then bring in a lot more members through their own giveaways. It will be hard work but given the right incentive I believe I can put together a solid, if unorthadox team.

[mouseman]

1000% Agree.
That said, continue to be open minded about ANYONE person or group being involved in Karma's use/adoption.

I can donate 1mill to this but I think it should be donated about 100.000 max to new people.
I know what you're saying about donating 1 mill to each new member but I think 100.000 may be enough and we can attract a lot more people.
Just a thought...

Recruiting 2 people who need Karma is worth more than 100 people in the crypto community, perhaps.

I doubt if Karma will grow much without the people who need it.

That is true.

Do you have ideas/plans that you want to share with us about how to recruit people that need the coin?

If our market is unbanked persons in the Philippines, or whatever, then we involve them in our conversations.

We seem to be building a coin for other crypto enthusiasts when we should be focusing on who needs something like Karma the most.

We find those people and simply talk with them. It's a kind of market research, yes, but at the same time it's building a user community. Right now we don't really have actual users. Our community is more of the dev community.

In the same way that Microsoft didn't build and market Windows for devs, we should not be building and marketing Karma for devs, miners, and 'hobbyists'. We can build out have resources to support and facilitate those people, but that should not be Karma's focus, I think.

We seem to be building out developers.windows.com before www.windows.com (i.e., before we have a product/service that people need/use)

I like what you say.
Do you have ideas about how to talk with those people?

[mouseman]

This is what Vericoin is doing with a boots on the ground type of campaign that encourages an individual/any individual to kind of take a bit of responsibility to campaigning in their immediate locale. For instance, several have showed up to crypto conferences in their locale and setup booths for Vericoin's introduction to attendes. Nothing earth shattering mind you...but it shows growth beyond their 3 Developers with an expansion of boots on the ground and new faces promoting their cryptocurrency awareness and hopeful adoption.

I can donate 1mill to this but I think it should be donated about 100.000 max to new people.
I know what you're saying about donating 1 mill to each new member but I think 100.000 may be enough and we can attract a lot more people.
Just a thought...

Recruiting 2 people who need Karma is worth more than 100 people in the crypto community, perhaps.

I doubt if Karma will grow much without the people who need it.

That is true.

Do you have ideas/plans that you want to share with us about how to recruit people that need the coin?

If our market is unbanked persons in the Philippines, or whatever, then we involve them in our conversations.

We seem to be building a coin for other crypto enthusiasts when we should be focusing on who needs something like Karma the most.

We find those people and simply talk with them. It's a kind of market research, yes, but at the same time it's building a user community. Right now we don't really have actual users. Our community is more of the dev community.

In the same way that Microsoft didn't build and market Windows for devs, we should not be building and marketing Karma for devs, miners, and 'hobbyists'. We can build out have resources to support and facilitate those people, but that should not be Karma's focus, I think.

We seem to be building out developers.windows.com before www.windows.com (i.e., before we have a product/service that people need/use)

We need the infrastructure ready first so it's normal to be a "dev community"(don't agree 100% with this because a greater part aren't devs).
I've already said that we need our "karma evangelist" on the ground so they can introduce Karma to people. And those evangelist must be trusted persons within a community so Karma adoption will grow faster and will be less skeptics....