Quote from: mouseman on June 29, 2014, 06:50:43 PM

This literally is one of the most interesting coins developed to date that I have seen come to market. Why? It is both a "coin" (KARMA) as well as a "company" (Karmashares).
And a functioning company, with shareholders, ideas in the pipe and some even functioning, and management ALREADY IN PLACE. And all this in like a couple of months time! Not to mention a laundry list of other upgrades to the coin itself and alot of rocket fuel being loaded onboard for new and exciting KarmaShare business ideas. I'm really liking this coin formula. Oh, and mark my words, there are going to be other coins that follow this incorporation idea of selling shares / creating a separate LLC entity. Just remember, it essentially all started here with great ideas from Kosmost, the team and its community.

Post Script: when we get that mintpal.com BTC pairing..and word gets around...."you better put the kiddies away....cuz things about to get freaky!" lol

Quote from: jcsc on June 29, 2014, 02:47:46 PM

200 litoshi is no price for KARMA, it is already worth 200 satoshi. What is behind most coins? nothing really. What is behind K? ....and loads of more coming. Think about it.

We've got the rocket fuel in our stash of coins, but we haven't yet turned on the ignition switch. When we've got good BTC volume, we'll spark up the engines a bit.

Funding is a core problem of Bitcoin development. Really, there's just 1 guy working on Bitcoin core, Gavin, and I doubt if he is even being paid for it. There are a lot of wealthy folks in the BTC community, but none of them seem to want to fund development.

But we don't have that problem. That's one reason why we'll be able to release sidechains much sooner. (We also don't have the bloat of the Bitcoin blockchain, or millions of dependencies that would make it a logistical nightmare.) A volunteer workforce is great, but full-time positions are much more effective at getting things done.

Imagine us being able to fund cryto gurus, senior devs, testers, etc., etc. Heck, we could even get some of the Bitcoin guys over. I know of a couple that are struggling to earn a living. Nobody goes missing for days/weeks/forever when you're paying them money to get the job done. This is a big problem in crypto, I think.

If our message is "Hey. We're doing great things and we'd like you to come join our team. By the way, we can pay you what you're worth if that's what you need," there could be a few devs and PhDs jump the mothership and head over to Karma.

...and, of course, we would pay in Bitcoin Wink

so, perhaps indirectly, we would be funding Bitcoin development if/when they go back to working on Bitcoin for free.