The reason I am investing time, money and effort into this coin:
1) For the Alt Currency model to prosper, it has to be because it can be trusted by consumers
2) Karmacoin is perfectly poised to be the coin that consumers can trust
3) The innovation is in the purpose/meaning of the coin
4) With trust as the founding principal we can focus on the the investment in the tools that this community needs to realize the vision, such as:
Ecommerce, Gaming, Work for hire, Android, IOS etc.
5) Doing good is good
Oh really? People can trust karmacoin? Thats why the blockchain has been being exploited since it came out? The developers made the reward block calculations in a way that they can exploit them, anyone mining this coin is being taken advantage of. There's already a coin with the features listed for this coin, its called litecoin. There's nothing karmic about stealing someone elses work, putting a new name on it and calling it your own. Is karmacoin working towards anonymizing the block chain and transaction network? How about built in trading features? Any new security, algos, ANYTHING? NO? It's a SCAM.