Karma

Karma

Created using Figma
Created using Figma
Karma is an ecosystem. All participants work directly with each other. People can create lots of different types of relationships, and can decide for themselves which ones are effective and which are not. Global decentralized blockchain-platform, where people and companies can lend money directly to each other
Risk: High
Token sale
Nov 25, 2017
Dec 16, 2017
100% completed
$10 000 000
cap
goal
100% cap completed
Goal 3 000 000 USD
Cap 10 000 000 USD
past
  • 1 KRM
    =
    2 USD
Pre-sale
Aug 24, 2017
Sep 2, 2017
100% completed
$500 000
cap
goal
100% cap completed
Goal 500 000 USD
Cap 500 000 USD
past
  • 1 KRM
    =
    0.01 USD
Token Details
Ticker
KRM
Accepted Currencies
ETH, BTC, FIAT
Additional Details
Platform
Graphene
Company Details
Registered Country
Russia

About Karma

Karma is a P2P platform for creating socio-economic relationships between people, regardless of location, around the world.

There is a noticeable imbalance in the world where there are countries where there are many citizens with available free capital and investors have a lot of money, while at the same time, billions of people live in environments with severe shortages of money and disadvantageous credit rates.

Excessive regulation and centralization of banks have led to the fact that investors receive a negative return, taking inflation into account. Moreover, up to 80% of small and medium-sized business owners in many [JU1] countries do not actually have the opportunity to obtain a loan for business development in banks.

In many countries, $100 USD is a large amount of money that can change the lives of several people and give a much needed boost to their creativity and the development of their business. In other countries, $100 USD is a cheque for dinner in a restaurant or even a treatment at a beauty salon.

The task of Karma is to create an ecosystem with a rich variety of relations between participants. People will have the opportunity to exchange their available resources directly with other people, with and without interest, for a period of time to be determined between peers.

Any participant can play any role:investor, borrower, guarantor, lawyer, auditor, or seller.

Due to the open market, people can choose which types of economic and social relationships are better suited to different situations. Due to direct interaction, people will enjoy the benefits of transparency coupled with high speed transactions.

Karma is created to simplify the exchange of resources and finances, accelerate the development of the economy and unite clusters of mutual trust around the world.

Features

- Each community member earns money and reputation for useful actions: involving new investor or good borrower, hi-quality scoring, asset management, analytics, insurance etc.
- Community members can offer any loan conditions: with collateral or without it, with interest rate or without it, with mandatory repayment or without it.
- The ecosystem of thousands of hedge funds and currency exchange risk insurers will be in a competition to create the best option for risk minimization. Local lawyers provide correct e-contracts. Local agents provide debt recovery.
- The data is securely stored in a decentralized network. Karma app is decentralized too and executes in different servers.
- Cryptocurrencies and tokens, via bitShares technology. Real Estate. There's already an API in Russia, Sweden, Saudi Arabia and Ukraine and there'll be more. Goods and services. Automatic p2p-factoring is already exist. Gold and other digitalized assets: Digix, ChronoBank, BankEx.

Technical Info

Karma is now based on Graphene blockchain. The fastest blockchain in the world and the most popular in terms of number of transactions. Steemit, BitShares DEX and many other projects are based on Graphene and work well for several years.

Graphene allows up to 100 000 transactions per second, and very low 0.01 USD transaction fee.

Roadmap

  • 17 August Early bird presale

  • Presale successfully finished. 500k USD raised.
  • First business-loan provided

  • 0.5M USD, 30% interest rate.
  • 27-28 November White List Sale

  • Closed sale only for those who passed the KYC and got into the White List.
  • 5 SMEs in portfolio,

  • 1.5M USD loans provided.
  • Read More
  • 29 November Open Sale

  • Open sale of, if there will be any tokens left.
  • 10 SMEs in portfolio

  • Over 5M USD provided, 0% default rate, Demand exceeds loans supply several times.
  • 15 December Token Distribution

  • We will send the tokens directly to all participants.
  • pre-ITO preparation

  • pre-ITO 500k USD

  • Alpha-version development

  • Single loan type. Legal issues: non-profit organisation registration etc. ITO-marketing.
  • Alpha-version

  • Alpha-version presentation, ITO at 10M USD.
  • Fully-functional online p2p-platform

  • Loan volume 30M USD, operational self-sufficiency.

Activity

Status:
Jr. Member
LOW
Activity:
57
LOW
Merit:
0
VERY LOW
Posts:
85
VERY LOW
Views:
6 541
MEDIUM
Posts:
43
VERY LOW
Followers:
1 473
LOW
Likes:
1 341
LOW
Rating:
5
VERY HIGH
Reviews:
2
VERY LOW
Followers:
1 109
LOW
Tweets:
113
MEDIUM
Members:
1 226
LOW
Alexa
Rank:
998 979
VERY LOW
Delta:
13 070
Year commits:
292
Watchers:
37
Stars:
20
Forks:
3
Open issues:
2

Team

Verified 7%

Attention. There is a risk that unverified members are not actually members of the team

2 ICOs

$10 500 000

Founder, Evangelist
verified
Founder, Investment director
unverified

7 ICOs

$20 200 339

Partner, Denmark
unverified
Mentor
unverified
Partner in Africa
unverified

2 ICOs

$10 500 000

Consulting partner
unverified
Law partner, Netherlands
unverified
Business partner, UK
unverified
Partner in Ghana, Africa
unverified
Partner in Sierra Leone, Africa
unverified

3 ICOs

$10 592 427

Law partner, Cyprus
unverified
Fund Relationships Executive
unverified
Graphene Lab
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

George Goognin
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
Hello, dear friends!
I'm the Karma Founder, George :)

Thanks for adding Karma project to your website.
Tell me, please, how can we update the team members photos?..

Last News

3.21

risky+
5.0 16
ICO Profile Vision Activity Potential Product Team
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.