Karm Network - Aggreation of Karm on the internet

Cross chain interoperable decentralized reputation system

Aggregating Reputation

About

The objective for introducing Karm.network is to provide the internet with an open utility (like DNS) for reputation system powered by blockchain technology

Karm.Network with its blockchain-based reputation infrastructure offers a transparent, verifiable and bottoms-up rating to all the online goods/services with a widening user base that is not closeted in silos.

How do I earn Karm Tokens

Act of Rating/Reviews about listed Brands/ Products/ Services on Karm.Network
Signup - select category - rate and earn karm token
Refer products, services & utility
forword the category link to your friends on social networks, earn karm tokens
You can own category
Every individual NFT sold as subset of any category, you earn Karm Tokens as reward
Business Development
by inviting product/service owners on to the platform to manage their review/customer feedbak system on Karm Network
Stake your karm tokens
stake your karm tokens - get Karm Token/ other token(partnered) as reward based on loack-in period
Additional token reward will be added overtime. (Stay tuned for future updates)

Why ?

95% of online shoppers read reviews before making a purchase. WEF (World Economic Forum) : Estimates 4% of online reviews could be fake and fake reviews get people to spend $152 billion every year.

In 2021, reviews influenced $3.8trillion of e-commerce. An extra star * on yelp can bump up the revenue of particular business by 5% to 9%.

Focus

A platform that provides decentralized & unbiased reputation through a transparent, verifiable & rewarding journey for the user

Decentralised rating
System

Reward for Act of
Rating

Circular Economy for online rating system

Reputation as
NFT

Decentralised Rating System

The current reputation system is dependent on centralised players which makes it more prone to manipulation. Thus by virtue of karm.network we strive to build a decentralised and open reputation utility service, which is not limited to an industry or entity or service or product but rather which en-compasses all of the above.

Incentivizing Act of Rating

Our platform aligns the users with the brand/product by giving them skin-in-the-game via rewarding every Act-of-Rating (AOR). A user remains protected by anonymity by the protocol whatever rating output may be.

Circular Economy

Circular economy principles where business value and success tied to objectives and they’re not in conflict with each other.

Token Economics

Segment	Application of Total Supply	Vesting Schedule
Karm Foundation	25%	TBD
Community Incentive & Reward	30%	Unlocked at network launch and distributed over time in accordance with community incentive and reward programs
Early Token Purchasers	20%	2 year Lock,1 year cliff,then vested monthly
Early Contributors	20%	4 year release schedule ,1 year cliff ,then monthly
Coin Listing Sale	5%	3month/6months lock in,there on monthly vesting

Reputation AS NFT

Our platform allows a brand/product/service/ person to get transformed into an online ownership entity by building an NFT (non-fungible token) that attracts ratings by the users. Over time, the value of this reputation entity grows and gets embedded inside the digital property.

Solutions

A blockchain-based reputation infrastructure that offers a transparent, verifiable and bottoms-up reputation score to all the online goods/services/entities with a widening user base that is not closeted in silos.