This is to continue the discussion about the PoC model. If I missed similar idea, please excuse me. I think that PoC model should be improved in some way. If it is possible, it should be kept, but changed. I suggest to raise the holding period to 6 months and 75 million coins (yes, raise). And also to assure that no exchange will take advantage of other people coins, I suggest that investment of 5 million KARMA should be send to dedicated address at least 3 months before any deal is announced or closed - we can discuss this term. This address could be same as KARMASHARES address - open for everyone to look at it. This way anyone can see which address is eligible for any profit. First see it at this special list and then look at the block explorer to see when the transaction was made. You know that I am strong supporter of the small investors and miners, but I have learned some lessons from the recent events. This 5 million coins can never be withdrawn and also can be used for Karma funding.
If such decision is taken, I am willing to update such list. Not holding the coins of course, just updating the list.
+1 rework the model and formalize it in a very clear document.
and then start using the funds in the Karma fund for bounties so that they can get more projects of the ground.
if Karmashares continues to disappoint its investors then those coins will end up worthless anyways. (im not saying I am disappointed just that I noticed a lot of complaints from others)
the problem is that most people do not want to work for free to benefit others.. only themselves... most people are greedy.
so if karmashares as a business wants to grow then it needs to learn how to harness that greed and not simply bow down and make off the cuff decisions to satisfy it.
as for the Karma community well we need to encourage people to hold coins when they are low in value and become more generous when they rise in value.
whales dumping and believers buying up cheap coins is not a bad thing as long as those believers become more altruistic and become the engine for wider adoption.