What is karma? Karma is a Blockchain project launched with the aim of creating the world’s first decentralized and intelligent social network. cryptocoin.com In this article, we have answered the questions asked by investors such as what Karma is, what it offers, what is KARMA coin, what is it for, how to buy it. Let’s examine together this Web3-based project that encourages people to do good.
What is karma?
Karma is a Blockchain project launched with the aim of realizing the slogan “The World’s First Decentralized Intelligent Community Network”. Aiming to empower communities of all shapes and sizes, this project basically works as a Web3-based social media. Accordingly, Karma provides encouragement and support to communities and participants of the social network. The network positively supports community engagement as well as monitoring members and activities.
What does karma offer?
Karma’s vision mostly involves directing people to do good. The social network is built on users helping other users and making donations. Organizations and people can use this platform for purposes such as participation and campaign launch. Organizations can communicate with community developers for purposes such as communication, financial governance, donations and voting. Companies that are customers of the platform can thus create and manage their own communities.
Karma accomplishes all this through Blockchain and cryptocurrency technology. The social network not only supports organizations to build community, but also allows ordinary users to spread donations and goodness. People who help users and encourage kindness are rewarded by the platform. Meanwhile, Blockchain enables organizations and departments to communicate more easily and securely. Members can check their private information.
What is KARMA coin? What does it do?
KARMA coin is the native cryptocurrency of the Karma network. This cryptocurrency is built on the EOS Blockchain. However, it is used to encourage users and support administrators. For example, users who interact and do good within the social network earn rewards with this cryptocurrency. However, organizations have to pay with KARMA coin to choose the community plan that suits them best. KARMA coin is used for payment and rewards for many things, including paying gas fees.
How to get KARMA coin?
Trading with a market cap of around $3.5 million, KARMA coin is listed on an exchange. Interested investors must access the ProBit Global exchange to purchase cryptocurrencies. Investors who access and become a member of this exchange can place a purchase order for the token by depositing money in their wallets.