Karma
Karma
Token: KIT


First Decentralized Smart Community Network

PreICO dates
Start date: 2018-05-16
End date: 2018-05-16

ICO dates
Start date: 2017-10-21
End date: 2017-10-31

Registrated in: USA

Platform: Ethereum
Type: ERC223

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https://tge.karmainternational.com/ Screenshot
Karma categories
Communication Platform
Karma whitepaper
Karma token sale
KYC passing required No | Whitelist No | Restriction for countries No
Hard cap 25000000 USD
Tokens for sale 1,000,000,000
Token distribution in ICO
42.5%
42.5%
Price 0.07 USD
Acceppting BTC,EOS,ETH,USDT
Karma news, social
Karma search trends in Google
Random whitepaper excerpts

Karma, when properly understood,
is just the mechanics
through which consciousness manifests.

Deepak Chopra
IMPORTANT DISCLAIMER - PLEASE READ
This document (also referred to herein as a white paper) introduces Karma,
a blockchain-based solution for creating, managing and growing member
communities of various sizes, across multiple use-cases.
This document is distributed publically solely for the purpose of announcing the
Karma project, its development goals as we currently understand them (subject to
change), and to solicit comments from the developer community. It is not intended
to serve as a binding commitment or contract. This document is not an offer of
tokens (whether they are deemed securities or otherwise), or a solicitation of an
offer to purchase tokens. All statements contained herein are qualified as subject
to applicable law.
Karma is inspired by systems previously built and operated by Karma International,
LLC (Karma International). Those syste...

Contents
Introduction
1
Terminology and Acronyms
1
The Challenge
2
The Karma Solution
2
The Team
Executive Officers 3
Dylan Marer 3
Michael Costache 4
Greg Marer 5
Blockchain Architects 6
Legal Advisors 7
Branding 8
Event Marketing 9
Strategic Karma Advisors 9
Business Model
Revenue Streams 12
Karma Operational Costs 12
Customer Verticals 12
Social Impact - Karma Community Grant
13
Karma’s Prospective Customer Base
13
Technology Stack
14
DApp Design 14
OffChain Stack 15
The Karma Protocol
15
Protocol vs Token 16
KIT Token Utility 16

Tokenizing the Sharing Economy (Karma Exchange)
16
Reaching Consensus 16
Token...

Every action we take generates a force of energy that
returns to us in kind. When we consciously choose
actions that bring happiness and success to others, the
fruit of our karma is happiness and success.
Deepak Chopra
INTRODUCTION
Karma is a bold initiative which leverages the power of decentralization
and blockchain technology to empower membership-based
organizations around the world
.
Our slogan perfectly sets forth Karma’s vision: World’s First Decentralized Smart
Community Network. This is considerably more than just a slogan for us, but rather the
basis for all our combined efforts. Our mission is to become the core provider of such
tools – empowering communities of all shapes and sizes and allowing them to scale new
heights. All this while providing them with support and incentives along the way.
The blockchain capabilities of the Karma Protocol and, more specifically, the Karma
International Token (KIT), lay the foundation of all of these efforts: allowin...

THE CHALLENGE
Spinning up a new Community Network is a considerable challenge. Organizations
across the world seeking to do so face numerous difficulties selecting the right
technologies and solutions, and after that selecting the right development partners
in order to implement those choices. Even if these initial selections are appropriate,
actually implementing, operating and maintaining the resulting Community Network
can be fraught with complications.
Established organizations, with their Legacy Community Networks (i.e., networks and
systems based on older, non-blockchain technologies), face similar and additional
difficult challenges. These organizations’ Legacy Community Networks are often a
diverse mix of incompatible technologies (different vendors, versions, protocols, ages,
interfaces, etc.). Grafting on newer components, even if those components, considered
in isolation, are the right choice, can be combinatorially difficult. Bottom line - as
growing organizations scale their o...

THE TEAM
3
Karma will also enable organization-to-organization (and organization to Community
Developer) communications, financial management, donating and voting. This will
create opportunities and create value on an unprecedented scale. As more and more
organizations and Community Developers adopt Karma, the value proposition of the
platform (and the related KIT token) will itself increase due to the network effect.
Karma will be adaptable and extensible, meaning that it can be tailored to the diverse
and evolving needs of membership organizations worldwide. In order to achieve success
at velocity, we will leverage:
1. the knowledge we have gained from building, operating and managing a highly
successful community network (KML),
2. the expertise and skills of our blockchain development team,
3. the guidance of our advisors, and
4. the valued input of the growing Karma Community.
Executive Officers
Dylan Marer
Chairman / CEO
[email protected] <...

Michael Costache
President
[email protected]
Mike never liked being put in a box so he spent the last 20
years as an entrepreneur, investment banker, author, professor,
speaker, angel investor and fundraiser for various charities.
Currently, Mike is the President of Karma, the world’s first
decentralized Smart Community Network, using the Karma
Protocol and Karma International Token (KIT) to empower
membership-based communities.
Mike is a Managing Partner at KrowdMentor, a strategic investment and advisory firm
empowering blockchain startups, funds and entrepreneurs to reach their funding and
liquidity goals. Mike is also the founder of the Blockchain Investors Consortium (BIC) and
serves on the Advisory Board of Token-as-a-Service (TaaS), the first ever tokenized closed-
end fund dedicated to investments in blockchain assets.
Since 2011, Mike is a member of Tech Coast Angels (TCA), a network of 330 angel investors
in Southern California who have investe...

Greg Marer
Vice President of Operations
[email protected]
Mr. Marer spent the last thirty-eight years excelling in all
facets of the event production and hospitality industries
and has developed extensive knowledge and experience in
business administration and management. Having graduated
from the Century School of Culinary Arts, Greg is an
accomplished chef who has held numerous positions as
an Executive Chef and General Manager for many well-known upscale restaurants and
executive dining management firms.
Robert Golden
Vice President of Membership
[email protected]
Robert has been an entrepreneur and business leader all
his life. In his 20s, he successfully ran organizations in retail,
manufacturing, and telecommunications. Later in his career,
Robert joined the corporate world and worked in the resort
development business for over ten years and successfully built
top-performing sales teams around the United States. Robert ...

Blockchain Architects
Ioana Frincu
[email protected]
Ioana has found the perfect balance in life by combining
her vocation of creating comprehensive software with her
avocation of addressing the world’s humanitarian needs.
She loves taking up challenges while developing and growing
innovative projects into real-life products.
Currently, Ioana serves as COO of KrowdMentor, a strategic
investment and advisory firm empowering blockchain investors, funds, startups and
entrepreneurs to reach their goals. Her expertise is token design and white paper
creation, having worked on multiple successful Initial Coin Offerings.
Dan Cearnau
[email protected]
Dan is an experienced tech entrepreneur, cryptocurrency
enthusiast and a blockchain developer implementing smart
contracts applications on Ethereum for numerous ventures
raising capital through Initial Coin Offerings.
Currently, Dan serves as the CTO of KrowdMentor, a strategic
investment...

Karma Roadmap

1
October 10, 2017
Pre - Token generation event
2
October 21, 2017
Token generation event start
3
October 31 2017
Token generation event end
4
November 14, 2017
Token release
5
November 14, 2017
Launch KIT holder community (DAO)
6
Q1 2018
Graduate Karma capabilities
7
Q2 2018
Open Karma for public use
8
Q3 2018
Karma marketplace
Dylan Marer
Dylan Marer Chairman / CEO

Marvin Epstein
Marvin Epstein Executive Vice President

Greg Marer
Greg Marer Vice President of Operations

Robert Golden
Robert Golden Vice President of Membership

Frank Frausto
Frank Frausto Vice President of Digital Marketing

Ioana Frincu
Ioana Frincu Blockchain Architect

Dan Cearnau
Dan Cearnau Blockchain Architect

Adrian Cazan
Adrian Cazan Blockchain Architect

Brad Yasar
Brad Yasar Blockchain Architect

Andrei Bucur
Andrei Bucur Branding

Robert Preoteasa
Robert Preoteasa Event Marketing

Adina Bold
Adina Bold Event Marketing

Bianca Dinescu
Bianca Dinescu Event Marketing

Ruslan Gavryliuk
Advisors Ruslan Gavryliuk Co-founder & CEO @ Token-as-a-Service (TaaS) Fund

Craig Sellars
Advisors Craig Sellars Co-founder @ Tether, BlockV & Partner @ Block.One/EOS

David Blumberg
Advisors David Blumberg Founder & Managing Partner @ Blumberg Capital

Eddy Travia
Advisors Eddy Travia Founder & CEO @ Consilium Group

Ryan Scott
Advisors Ryan Scott Entrepreneur, Investor, Philanthropist

Gordon Einstein
Advisors Gordon Einstein Crypto-Attorney & FinTech+Blockchain Expert @ CryptoLaw Partner

Jeremy Gardner
Advisors Jeremy Gardner Co-founder of Augur / Entreprenuer-in-Residence @ Blockchain Capital

Eric Gu
Advisors Eric Gu Founder & CEO @ Metaverse

Eric Stotz
Advisors Eric Stotz Advisor

Harry Yeh
Advisors Harry Yeh Co-founder & Managing Partner Binary Financial

David Brill
Legal Advisors David Brill

Julian Zegelman
Legal Advisors Julian Zegelman

Sagar Parikh
Legal Advisors Sagar Parikh

Eric Gu
Eric Gu
Founder & CEO @ Metaverse
Founder of Viewfin
Marketing Advisor
Strategy Adviser
CEO and Co-Founder at ViewFin
Metaverse Founder &CEO
Blockchain Advisor
Gordon Einstein
Gordon Einstein
Crypto-Attorney & FinTech+Blockchain Expert @ CryptoLaw Partner
Legal Advisor
Jeremy Gardner
Jeremy Gardner
Co-founder of Augur / Entreprenuer-in-Residence @ Blockchain Capital
Founder, Augur / Founder and Chairman of the Blockchain Education Network (BEN)
Entrepreneur in Residence
Founder, Augur / Founder and Chairman of the Blockchain Education Network (BEN)
Craig Sellars
Craig Sellars
Co-founder @ Tether, BlockV & Partner @ Block.One/EOS
Blockchain Architect
Ex-CTO Bitfinex, CTO of Tether & BLOCKv
Tether, Omni, Vatomic
Eddy Travia
Eddy Travia
Founder & CEO @ Consilium Group
CEO of Coinsilium
CEO of Consilium
CEO and Co-founder of Coinsilium
Blockchain Advisor
Advisor
CEO and Co-founder of Coinsilium GroupCo-founder at Block Chain Space
Pioneer investor in Blockchain
Eddy TRAVIA
Eddy TRAVIA
Pionner investor in Blockchain
Ryan Scott
Ryan Scott
Entrepreneur, Investor, Philanthropist
Investor Alignment and Strategy
Entrepreneur, social impact investor, humanist, philanthropist and online marketing pioneer, legendary for developing and patenting the double opt-in email methodology. After selling NetCreations in 2
Founder and CEO
Ioana Frincu
Ioana Frincu
Blockchain Architect
Team Coordinator
Blockchain Developer
Ioana Frîncu
Ioana Frîncu
Co-Founder
Dan Cearnau
Dan Cearnau
Blockchain Architect
Team Leader and co-founder
Dan Cearnău
Dan Cearnău
Co-Founder
Brad Yasar
Brad Yasar
Blockchain Architect
Strategy Advisor
Managing Partner of Krowd Mentor
Managing Partner at Krowd Mentor
Founder and Managing Partner KrowdMentor
Founder & CEO of Beyond Enterprise
Managing Partner at Krowd Mentor
Business Strategy
Frank Frausto
Frank Frausto
Vice President of Digital Marketing
Advisor
David Brill
David Brill
Legal Advisor
Julian Zegelman
Julian Zegelman
Corporate Attorney, Partner at Velton-Zegelman PC
Corporate lawyer, Partner at Velton Zegelman PC (San Francisco)
Advisor, legal services
Corporate Attorne & Partner at Velton Zegelman PC
CHIEF LEGAL OFFICER
Co-Founder and Partner of Velton & Zegelman
Legal Counsel