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KARMA announces WAX Guild Candidacy

KARMA is the first social network on WAX. KARMA is an unbiased social network that believes in free speech and driving the value created on the platform to its users in the form of KARMA tokens.

KARMA moved from EOS to WAX in 2020. We believe in WAX because of the talented community members, its focus on implementing improvements and WAX’s focus on digital assets.

KARMA is excited to announce it’s Guild Candidacy to help further secure the WAX blockchain and drive discussion for the future direction of the blockchain & community.

Our Contributions to WAX:

  • KARMA NFTs Coming After The Launch Of Atomic…


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Thursday, May 28, 2020 — KARMA has received a grant of $50,000 from EOS VC. KARMA was one of 32 amazing projects chosen to receive this grant.

This grant will be used to continue further development for KARMA on both web, mobile and to aid in marketing efforts to get KARMA out into the world beyond blockchain.

This news comes at an amazing time as KARMA is on the verge of releasing it’s highly anticipated Web Version.

EOS VC: https://vc.eos.io/grants/
KARMA: https://www.karmaapp.io/


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KARMA’s movement from EOS (mainnet) to WAX (mainnet) is now complete. The transition was seamless and all in-app transactions are now happening on the WAX blockchain. If you haven’t yet, make sure you update your iOS or Android app to the newest version of KARMA. If you held KARMA in an EOS account outside of the KARMA app, then you can just use the same active private key and import your WAX account using KARMA or a wallet like Lynx.

Special Thanks to dfuse & EOS Sw/eden

The team behind EOS Sw/eden aided the move from the EOS mainnet to the WAX mainnet by collaborating with KARMA.

An overwhelming amount of the API requests are constantly being sent to EOS Sw/eden’s servers mainly for querying data from the blockchain. They separate these requests to different nodeos instances partly to ensure that incoming transactions would not be over billed by the API-nodes or the peering nodes on their way to the producer’s queues. …


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KARMA Is Moving From EOS To WAX

The KARMA project has been building on EOSIO since day 1. We are as optimistic as ever on EOSIO technology. It’s important to understand the difference between EOS (the chain/token) and EOSIO (the software used to deploy chains, tokens & smart contracts). You can think of each chain as their own nation, with their own set of rules and unique characteristics.

KARMA has been at the forefront of innovating and creating solutions for friction points to make an app utilizing blockchain that can reach millions of users. Early on KARMA created a way to pay RAM for all users and was the first app on EOS to enable “We Pay CPU”. Even with all of that, on EOS we feel there are major points of friction holding KARMA back from being able to reach the goals of the project. …


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KARMA Launches “We Pay CPU” On EOSIO

From day 1, the goal for KARMA has been to create a seamless user experience on the application to empower millions of people. We’re ecstatic to announce that KARMA is the first EOS DAPP to launch this upgrade so that users never have to worry about CPU again.

EOSIO Version 1.8 was a highly anticipated upgrade for the EOS network. Most importantly, it included the ability for DAPPS to pay CPU for users. This was a huge friction point for all EOS based applications. It’s unreasonable to expect all users to be able to have and stake EOS in CPU for themselves, if the goal is mass adoption. …


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PROBIT will offer KARMA/KRW and KARMA/BTC

KARMA is set to list on ProBit on August 26th, 2019. This is exciting for several reasons. ProBit is an exciting exchange offering fiat trading pairs direct with KRW. This helps to lower the barrier of entry into KARMA for both new and existing holders.

South Korea has been one of the most active countries within the KARMA ecosystem. Earlier this year, a CF film was produced and aired on hundreds of movie theatre screens across Seoul.

See Video: https://www.youtube.com/watch?v=rQr4Ep6P5cI

South Korea will continue to be a blossoming area for KARMA as the community grows and the project expands. This is yet another step towards bringing KARMA to the people.

Trading Pairs To List On ProBit:

KARMA/KRW
KARMA/BTC

Key Dates

Deposit: August 26, 2019, 14:00 KST
Trading: August 26, 2019, 17:00 KST

Download KARMA Today:

iOS: https://itunes.apple.com/us/app/karma-social-network-for-good/id1446344513?mt=8

Android:https://play.google.com/store/apps/details?id=io.karmaapp.karma&hl=en_US


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So far the introduction of boosting and tipping KARMA has been a great success! Over 8,382,617 KARMA has been spent by the community to boost their content. This has created a totally fluid and democratic content promotion system. It’s your tokens, and your choice on what message you want to share with the world.

Boosting has become a great equalizer for new users to the platform. It gives a way for others to discover their content.

Unfortunately the largest social media platforms that many of us use, are actively picking winners and losers. …


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KARMA is the first social network built on EOS. KARMA is social media designed for those who create the value, to actually earn it. Users earn KARMA from every like they receive.

After a full year since the initial airdrop, it was announced that any unclaimed KARMA would be burned. This was done to benefit existing KARMA holders who are actually active in the community and free up RAM that was stuck in-use paying for the unclaimed tokens.

This Burn Effected

KARMA received in the airdrop, where that account had done NOTHING.

- never sent any
- never powered up any
- never claimed any
- never acquired more or sold…


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KARMA Burn On August 3rd

On July 1st, 2018 we used the EOS genesis block snapshot to airdrop billions of KARMA to over 100k accounts. Users received KARMA at a 9:1 ratio for every EOS that they had at the time of the snapshot. KARMA did the first “Fairdrop” in blockchain history. Whales with 250,000 EOS and above were capped. The most KARMA they could receive in the airdrop was 2,250,000 KARMA. This was done to create a more fair distribution of KARMA to EOS holders.

*If you acquired your KARMA any other way besides the initial airdrop, this burn won’t effect your KARMA.

Current Total Accounts With KARMA…


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KARMA Contract Updates: Never Worry About RAM Again

This is extremely exciting and is a giant step forward for KARMA. Users should NOT have to worry about CPU/NET/RAM, especially people new to blockchain. It’s been a focus of KARMA since day 1, to make KARMA as easy and fun to use as possible. We want to make the EOS blockchain & blockchain interactions within KARMA, invisible to the users. We’re excited to announce that CPU/NET/RAM should not be an issue for users on KARMA anymore.

The Primary Contracts For KARMA Now Cover:

therealkarma:
Power Ups
Power Up history (used to make sure they get rewards if they powerup but haven’t claimed for a while)
Refund requests when powering…

About

KARMA

KARMA is a social network designed for those who create the value, to actually earn it. Users are incentivized to do good, share positive & original content.

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