My thoughts on nhzKARM are don't buy it. The intent is not bad and East is a member of the community so I'm not going to pull it apart although I have strongly considered it.
However I encourage people to view it under each of the following perspectives:
1. You are giving funds for somebody to manage on your behalf, East is effectively your fund manager. Are the funds being invested anywhere or somewhere with a side purpose in mind, do you like this?
2. The funds used for purchasing the nhzKARM from East are diluted by nhzKARM given away for free and nhzKARM used for marketing activities. Early investors funds are worth 10 times more than late investors funds, therefore you have free, cheap and then very expensive shares. Will willingness to participate decline at each stage?
3. You are investing in a new cryptocurrency. What's the premine like and who has control of the premine? What is the allocation of the premine?
This won't be anything more to Karma than a member of the community's project. As many of you are aware East has been one of the major holders of funds collected for donations, none of the funds collected previously or in the future without the express request of the person that donated them will be invested into this project. I'm sure East will confirm this here.
Thank you East for creating this large undertaking to try to help Karma.
Chargin.
Thank you for sharing your opinion with out being irrational or attacking it personally. i liked it. You didnt make a simple post saying booo!. but backed up your opinion why it would not make sense to invest with some thoughtful ways how that could play out.
Much better way to contradict something you do no agree with than screaming shouting swearing or jumping on some one throat. You provided enough details why you dont agree with East's project and made it easy for East to counter them if should he choose to.
its is much easier to counter some one post when they explain the reason of why they like or dont like something. there isn't a lot some one can argue with a post such as "this sucks!"
: )