ICO KARMA ~ Kumpulan Artikel Pribadi

What is Karma ?
Karma is a bold initiative which leverages the power of decentralization and blockchain technology to empower membership-based organizations around the world.

Our slogan perfectly sets forth Karma’s vision: World’s First Decentralized Smart Community Network. This is considerably more than just a slogan for us, but rather the basis for all our combined efforts. Our mission is to become the core provider of such tools – empowering communities of all shapes and sizes and allowing them to scale new heights. All this while providing them with support and incentives along the way.

The blockchain capabilities of the Karma Protocol and, more specifically, the Karma International Token (KIT), lay the foundation of all of these efforts: allowing organizations to launch, manage, build and operate on Karma and ensuring a thriving, sustainable and diverse module and support ecosystem. Karma also seamlessly integrates best of breed offchain technologies to provide a completely optimized and modularized solution.

Karma will also enable organization-to-organization (and organization to Community Developer) communications, financial management, donating and voting. This will create opportunities and create value on an unprecedented scale. As more and more organizations and Community Developers adopt Karma, the value proposition of the platform (and the related KIT token) will itself increase due to the network effect.

Karma will be adaptable and extensible, meaning that it can be tailored to the diverse and evolving needs of membership organizations worldwide. In order to achieve success at velocity, we will leverage :

The knowledge we have gained from building, operating and managing a highly successful community network (KML),
The expertise and skills of our blockchain development team,
The guidance of our advisors, and
The valued input of the growing Karma Community.

Value of Kit
This allows members to consume their KIT in order to purchase value-added services within Karma. These services will include, amongst other capabilities :

Pay for Community Membership and associated costs
Purchase Goods and Services provided by a Community
Contribute to a Worthwhile Cause
Buying support and access to assistance from Karma or relevant support teams
Paying for development services of these Modules (Marketplace)
Paying for usage of modules (which are distributed through the Karma Marketplace)
Paying for resource usage within the infrastructure (processing, bandwidth or storage)

We will be generating a custom ERC223 token (the successor to the ERC20 token standard) with eighteen digits after the decimal point and the ticker symbol KIT. This will become the foundation for all capabilities within Karma.

KIT will become more valuable and offer more utility as Karma continues to grow in the following ways :

Member Organizations will use it to advance their vision and purpose
Individual Members can take advantage of KIT to purchase and sell items or services
KIT Holders can use Consensus to vote on relevant items
Development and Marketplace Partners can use KIT to build their applications and reach completely different audiences for their offerings

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