Apologies, but you really don't know what you're talking about in the above post. Perhaps another post will be more accurate.

You are completely mistaken when you write, "...open source logo and the logo itself was produced by community member"

Go there now: https://99designs.com/logo-design/contests/bitcoin-logo-design-next-dogecoin-karmacoin-362189

Here's how it will work:

1) Contest started*
2) For the next 4 days, entries will be accepted from all designers
3) After that, several designs/designers will be selected for the final round
4) Final round lasts 3 days. This is when we approach the winning design. I will open up voting to the public (maximum of 8 designs that the public can vote on)
5) Winner chosen

The winning design of the contest does not mean that we will use this design for the Karmacoin logo. The contest is created to get a variety of logo ideas from different designers and bring us much closer to the final logo design. We will then need to survey potential future members/user of Karmacoin to get their feedback on all of our designs (those from the contest and those from the community). This will help us to weed out the weakest concepts. This way we can narrow down all of our designs to 2 or 3 good ones and then decide on the one that we will use. Hopefully, the survey results will indicate to us which designs our target market finds attractive and memorable, and which convey our intended message and best captures the personality of Karmacoin.

*If you'd like to donate to help cover the costs of this contest ($299 for 7 days; guaranteed to be a winner to attract more entries) you can send Karma to KBuE7G9Xf2JUgeUKPk6MkPkLNL6zXyznxz
Thanks!