Karma just gained a new value
Choose exactly how your donation will impact the world, one bounty at a time.
ABOUT ICO
A token that connects nonprofits with skilled volunteers
Karma operates as a P2P marketplace that enables nonprofit organizations to find skilled labor, and reward freelancers using crypto donations.
Create Bounties to find the funding and services your nonprofit needs
Donate with transparency, knowing exactly how your money is being spent
Contribute to causes you care about and earn real rewards
DECENTRALIZED ECONOMY & BOND MARKET
A crypto platform that enables nonprofits to scale
Karma offers bonds: a financial tool which enables our DAO to lock-in liquidity for our treasury while also rewarding nonprofits and investors.
Bonding allows Karma to accumulate its own liquidity, which ensures there is always locked exit liquidity in our trading pools to facilitate market operations and protect token holders
Discounts from bonding enable nonprofits to pay less for services rendered, without reducing rewards for freelancers in the process
Rewards offer freelancers the opportunity to give back to organizations they love using the skills they know best
AWESOME WEB 3.0 SERVICES
What separates us from existing solutions
Contribute
Donate and choose exactly how your money is spent. Transparency sets Karma apart from other contribution platforms.
Earn
Earn more from volunteering. Whether you're looking to start a career, make money on the side, or earn passive income, Karma is the place for you.
Connect
Connect your nonprofit to the ultimate volunteering network. Karma supercharges your organization utilizing the power of DAOs.
Secure
Handle agreements simply and securely with the power of smart contracts. Karma protects all users through dual-sided collateral.
OUR WAY
Road Map
AVAX Hackathon
BaSD Demo
Templeton & SD Hacks 2022
Z Fellows Accelerator
Beta Launch
PROCESS
How it Works
Create Bounties
Find Donors
Fund the
Smart Contract
Complete Bounties
and Get Paid
TOKENOMICS
Token Distribution
See with 100% transparency how Karma plans to distribute its tokens.
ICO Coming Soon!
ICO will start:
FAQ
Frequency Asked Questions
Do I need Karma tokens to create tasks?
Yes, in order to list a task on KarmaDAO you will need at minimum the number of tokens required to reward the freelancer for the new project. This is done in order to protect freelancers from fraudulent requests, and to incentivize transparency within the network.
What do investors, freelancers, and nonprofits gain from Karma?
Thanks to Karma's bond market, KarmaDAO has an ever-growing treasury of assets that pegs Karma to an underlying reserve and facilitates market participation, which benefits all holders. Freelancers have the opportunity to have their payout appreciate in value, while nonprofits that join early essentially receive a permanent discount on skilled volunteers, since reward size is based on fiat currency standards.
Can I trade Karma at an exchange?
Currently, Karma is pre ICO stage. In the future, Karma will be available through the Avalanche network on select swap exchanges.
Why does Karma take collateral when I create a task?
Karma notifies task creators that part of their reward bounty is held as collateral within a task. This is done to protect freelancers from organizations that kill projects after accepting a contract, allowing skilled volunteers to receive a service reward. This only applies once an organization selects a skilled volunteer and accepts a contract.
How do nonprofits afford to pay for tasks?
Nonprofits have two possible ways to pay for skilled volunteers. The first option is to directly purchase Karma tokens, and fund tasks themselves. The second option is to have donors "fuel" individual tasks, by donating a sum of Karma towards a project they believe in. This allows donors to support causes they believe in, with the added benefit of knowing exactly how their money is being spent.
Can I mine Karma?
Currently, Karma cannot be mined and will unlikely support such features in the future.
OUR FRIENDS
Partners
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KarmaDAO
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