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Karma

Crowdfunding & Lending

Overview

Decentralized p2p lending platform where people and companies can interchange directly to each other.

Features

- Each community member earns money and reputation for useful actions: involving new investor or good borrower, hi-quality scoring, asset management, analytics, insurance etc.

- Community members can offer any loan conditions: with collateral or without it, with interest rate or without it, with mandatory repayment or without it.

- The ecosystem of thousands of hedge funds and currency exchange risk insurers will be in a competition to create the best option for risk minimization. Local lawyers provide correct e-contracts. Local agents provide debt recovery.

- The data is securely stored in a decentralized network. Karma app is decentralized too and executes in different servers.

- Cryptocurrencies and tokens, via bitShares technology. Real Estate. There's already an API in Russia, Sweden, Saudi Arabia and Ukraine and there'll be more. Goods and services. Automatic p2p-factoring is already exist. Gold and other digitalized assets: Digix, ChronoBank, BankEx.

Crowdsale

Token Sale
ICO start date 23 Nov 2017
ICO end date 23 Dec 2017
Raised 1,000,000 USD
Legal
ICO Platform No
Token details
Ticker KRM
Additional Token Emission No
Accepted Currencies

ETH

Token distribution

pre-ITO funds distribution: Product development: 20k USD: blockchain-architect, teamlead. 40k: team from 3 devs and 2 QA for 3 months. 15k: project management. Marketing: 40k: prepayment for promotion partner for ITO international marketing campaign: 60k: content translation, publications, transfers, conferences, partners involvement. Lawyers: 25k for consulting and organisation registration. Financials: 150k: fund for investing in first p2p-loans inside the platform. 100k: mutual aid insurance fund. 50k: risk-management, endowment-fund for project development, bounties. Token distribution for the ITO period: 75% backers, 25% founders (1 year vesting). ITO funds distribution: 50% product development, 20% conservative endowment fund, 15% marketing and PR, 5% bounties for active community members, 5% founders, 1-year vesting, 5% lawyers.

Ratings

Type of scores
Score
Status
Hype score Medium Active
Risk score Medium Active

Team members

Name
Position
Score
Social
Partner, Denmark
1
Law partner, Cyprus
1
1
Business partner, UK
1
Law partner, Netherlands
1
Partner in Africa
1
GR partner
1
Mentor
1
Graphene Lab
1
Partner in Ghana, Africa
1
Partner in Sierra Leone, Africa
1
Fund Relationships Executive
1
Blockchain Architect
1
Branding
1
1
Event Marketing
1
Founder & Managing Partner @ Blumberg Capital
1
Chairman / CEO
1
1
Vice President of Operations
1
Co-founder & Managing Partner Binary Financial
1
Executive Vice President
1
President
1
Vice President of Membership
1
Event Marketing
1
Co-founder & CEO @ Token-as-a-Service (TaaS) Fund
1
1

Advisors

Name
Position
Score
Social
Advisor
1
Fintech advisor
1
Blockchain advisor
1
Advisor
1

Funding Rounds

Development

layout.headers.Pre_launch
Launch
Custom blockchain
Testnet
Mainnet
NA NA NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Medium
Basic Review
Karma ICO Contacts
Website

Trading

(KRM)
$0.0027
5.27% 24H
ETH
return 0.39x
Start ICO 23 Nov 2017
End ICO 23 Dec 2017
Token KRM
Price 1 KRM = 0.01 USD
MVP No
Whitepaper View
Karma rating widget
Rating Get this widget
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