Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karmacoin - See new KarmaWall www.ikarmacoin.com !!!KARMAZING!!!
by
ShawnLeary
on 10/03/2014, 03:24:07 UTC
Be careful..very likely a scam.
Why is that?

1. New user
2. Spelling mistakes everywhere on his official site
3. This one is the biggest one.. go take a look at his facebook.  At first..it seems normal..and he seems to have normal friends.  But go look into his friend list and you can see what's wrong.  "Works at God", "Works at student", "Working at Servant of Allah", "Works at Study", "Works at owner of gd sex".
4. If you click into his friends individually..and keep scrolling down to the bottom and pressing "more info"..you will see that their profile were all created during February and March of this year.  The twitter was also created in February.

Conclusion?  Otherwise proven..this has a big SCAM written all over it.

I would agree that is is suspicious but of course can't be sure yet. But we definitely need a process, because more of these will pop up as we go along. I'm sure Dogecoin gets hundreds of these requests with a few scams mixed in.

Who will volunteer to draft a process for new causes? Anyone?

No volunteers? Nobody will step up to the plate to address a problem that we're having right now? What happened to all the "fully committed" statements?

This is really something that would take about 10 minutes to draft.

1) draft it up
2) discuss, get feedback
3) re-work draft, repeat #2, finalize

I will take care of it.   

US non-profits are fairly straight forward and have a tax-ID which establishes them as such.  As for the rest of the world, each country would have their own process. 

I think we should steer the focus of karma coin, as an org, away from specific charities.  If any owner of Karma wants to support a mission, put together a call for action, like what we are doing for the Girl Scouts, and let the community decide.  Garnering support is really the onus of the initial donor.  Karmacoin is not a charity, we are a group of charitable people with the same mission.  We choose to donate in Karmacoin and not other coins.  If a fellow Karminion has a mission and feels it's worthwhile to request back-up, we will be there. 

I feel we should definitely focus on equipping the charities themselves with the ability to add "Give Karma" on their websites and educate them to the massive power of crowd sourced micro donations.

The most profound component of Karma is the ability to donate small amounts of money with little to no overhead.  We need to sell our mission and technology as a way to capture 10-30% more funds by bringing back those nickel and dime donations that just weren't possible for the last couple decades.  Right now there is no way to collect that type of donation due to the cost of mailing a check or physically transporting change.  The days of bringing around a March of Dimes can or manning red buckets ringing bells outside of the grocery store are no more. 

As we define the mission statement, perhaps, "Empowering the world's charities with the power of Karma."

I will put together an example POA (Plan of Action) for new charities, outlining how they can take advantage of the full utility of Karma and how they might, might, garner the support of fellow karminians to rally around their project. 

SL