Cryptocurrency and the blockchain technology have revolutionized the world. Not only in the financial sector but in how people relate to each other. The technology has caused interactions among communities, skilled people, and different cultures around the world. The aim of the innovation was to improve transparency, increase equality and ensure real decentralization of power. But the ultimate goal would be to bring out the good in people. And this is where Karmatoken comes in.
What Is KarmaToken?
Karmatoken refers to the use of the innovative technology- blockchain, to improve the good in people. It refers to the logical evolution of the karma coin, a cryptocurrency first used in 2014. It was first created as a counterparty asset before being swapped to an ERC20 token in 2016, based on the Ethereum network.
Karmatoken is considered the link between the cryptocurrency users and people who actually envision a better real world. In short, Karmatoken like the name is likely to suggest, works as a reward system for businesses and organizations that work towards the good of the environment and the future by extension.
How KarmaToken Works
Karmatoken uses the last innovation of Ethereum-based tokens, which is the ERC20 protocol standard. The essence of Karmatoken is giving and receiving. The mantra is the more you give and do the more good things will happen in your life. In short, it is necessitated in the crypto space to bring in economic rights to everyone that will see the sprouting of an intelligent and responsible cryptocurrency society.
The Karmatoken has a KarmaNetwork that brings together regular members, partners, and non-profit organizations with the aim of promoting good actions for positive evolution. The network works by offering live video streams from the team and the community and sharing videos related to doing good deeds.
Karmatoken also has the KarmaReward program which allows you to store your Karmatokens in a wallet and share them with other people in the KarmaNetwork. The Karmatokens can be used to pay bills or purchase goods and services from the KarmaNetwork. The Karmatoken envisions partnering with other entities to enable members to load their debit cards and go shopping in the near future.
Cannabis has been gaining popularity over the years due to its numerous benefits. Karmatoken is working with other partners and supporters in Switzerland to improve the production of high quality and therapeutic cannabis. The goal is to use Karmatokens to reward farmers and dealers of cannabis to encourage them to be responsible while in the production and distribution of cannabis.
Karmatoken also seeks to connect people from all over the world through a world tour with an expedition Karmatruck. This will be done on a dedicated platform with round the clock HD video streaming and more.
KarmaToken KTN Coin ICO Details
Karmatoken is a great community adventure. Investing in the ICO would be a promising experience with real-life interactions except the ICO is over. Don't fret, you can still invest in KTN coins at IDEX and EtherDelta.