danil21: Karma, The First Intelligent Community Community Network In The World

Karma is a bold breakthrough that leverages the power of decentralization and blockchain technology to empower organizational-based membership worldwide.Karma with the slogan: Becoming the World's First Centered Shortcut in a Community-Based Network.

Karma's core mission is to be a core provider to empower people of all shapes and sizes and enable them to gain greater priority. The ability of the Karma Platform through blockchain technology with KIT (Karma Token International) will enable an organization to start, manage, build and operate Karma and ensure a sustainable growth with diverse modules and supporting ecosystems. Karma also incorporates advanced technology to provide optimal solution and modulation fulfillment.

Creating a new Community Network is a big challenge. Organizations around the world have attempted to do just that. Yet many organizations face difficulties to choose the right technology and solutions, and also choose the right development partners to implement the solution. Organizations that have undergone stabilization, also must face similar things and even have additional obstacles such as incompatible technologies.

Karma International

Karma International is able to deal with this problem. Established in 2005, Karma International has a mission to connect outstanding and inspiring individuals. This is done by holding meetings with mature concepts such as business network summits, social gatherings, and international visits. Karma International has achieved success by running a business model that focuses on sustainable growth.

In 2014 Karma International took the right steps and decided to develop a new internal platform, which eventually became Karma Member Lounge (KML). KML is designed with a vertical concept from top to bottom in order to have the capacity to manage all aspects of Karma International's business model. This makes KML a robust and multi-faceted platform that has brought benefits over the years in terms of industry experience, significant investments, R & D, and focused and organized software development in development efforts.

Karma International is always focused on providing value that is beneficial to society. Karma International has contributed to hundreds of nonprofits every year and is directly involved in charitable endeavors in the community. Karma offers a continuous special offer and massively develops the vision, using secure, scalable, and tagged blockchain based, tokenized technologies from the original KML platform available to membership-based organizations worldwide.

Karma will be very adaptable and able to grow, which means able to adjust to the diverse and growing needs of membership organizations around the world. To accelerate the success of Karma will take advantage of:

1. Knowledge, operation and quality management through Karma Member Laounge (KML)

2. Skills and skills of the Karma blockchain development team,

3. Guidance counsel Karma, and

4. The exact suggestion of the growing Karma Community.

Revenue stream

The current revenue stream is based on membership of the organization with Karma implementation using KIT. KIT will be used for all system activities, including:

1. Karma Infrastructure usage fee (Operational Cost);

2. Fees for intra-organization payments (membership payments, purchases, Karma Exchanges, Module acquisitions, etc.);

3. Service fee for Business Services Karma, Technology or Outreach;

4. The cost of tiered bandwidth usage, storage and processing power.

Operational Cost Karma

The revenue stream described above will include Karma Operational Costs and infrastructure maintenance. The fee will be divided according to each requirement. Of the $ 25 million raised in the Token Generation Event (TGE) event, as much as $ 10 million will be allocated for the development of the Core Module and Marketplace.

Primary Customer

There are three main customers who will combine Karma's revenue stream:

1. Physical membership organizations (such as country or golf clubs)

2. Virtual membership organizations (alumni universities, business networking organizations, etc.)

3. Nonprofit organizations.

By using Ethereum, Karma will be able to apply all the features and rules of the KIT Protocol directly into a smart contract, which will be deployed and processed by the entire network. By using the Ethereum infrastructure in order to validate transactions and add new blocks to blockchain, Karma can minimize the possibility of attacks on platform protocols.

Karma has also built a service that uses Geth. Geth is a versatile tool that can run a full Ethereum-based blockchain implemented on Go. The connected app on Ethereum is built on Truffle. Truffle is a development environment, testing framework and asset path for Ethereum.

Karma will create the token ERC223 (successor to the standard ERC20 tokens) with eighteen digits and the ticker symbol KIT. KIT will become more valuable and offer more utilities as Karma continues to develop in the right ways.

KIT Token Utility

KIT is the basic component of Karma. There are three main ways that KIT will do:

Economic Sharing Tokenization (Karma Exchange)

Sharing goods among community members is easy because KIT can be used directly by lending assets between Karma users and customers, thus creating a shared economic model. Karma Exchange will enable Community Members to optimally offer their assets and receive KIT in return.

Payment Through KIT

This will allow each member to be able to use their KIT to purchase value-added services within Karma.

Karma believes that in the next three years, the Blockchain network will experience improvement and improvement. Karma and KIT are designed to benefit from "Network effects". In other words, Karma will proactively encourage the adoption of the use of plaster and KIT through community development, education, marketing and good governance.

Seller Token Karma Information