Here is the content of the blogpost I made at: http://www.karmatoken.net/blog
Many crypto-currencies begin their journey by asking people to give their money to the project. KarmaToken twists it. The Good Karma Society, instead, is giving away hundreds of thousands of Dollars' worth of tokens to spread the good Karma around.
How much exactly are we giving away? At the current rate of exchange for KARMA, (the old, buggy scrypt-based crypto) of an average of 45 litoshis per KARMA (0.0000 0045 L). The 10,000 KARMA needed to get 1 KarmaToken(KTN) would mean 450,000 L per KTN which translates to the ratio of Bitcoin to Litecoin that was 177Litecoins per 1 Bitcoin when we launched, thus 450,000/177 will give us the Satoshi price, which roughly translates into 0.000025++ Bitcoin. Now, taking that LOW price for a coin that has only 18,400,000 total. How much is the Bitcoin value equivalent of 4,600,000 KTN?? That is about 460 Bitcoins or 323,380$! Taking the current Bitcoin exchange rate of 703$ per 1 BTC. That giveaway only represents our scheduled airdrop this coming Nov. 16,2016. Yet we have another promotional activity going on, right now on Facebook, we call it the Indiesquare App Promo, for this one, we are allocating 1,000,000 KTN more. About another 70,300$ more for giveaways. Bringing the current Spread Good Karma budget to 393,680$ !
Why do we call this a spreading of Good Karma? It may not be obvious at the first glance but our activity is helping many groups of people. In doing so, we are helping the popularity of Counterparty as a platform to grow, we are helping the 12 Counterparty assets that we chose to be active, our Indiesquare promo helps that wallet project to be popular(they have a current download population of 79 ever since their launch on Google Play, so we can see after our promotion, how many will be added to that!), with this give-away many people will be introduced, quite happily into the Blockchain technology. While we, as a society will then have a greater user base.
Indeed, there's no doubt that this is spreading of Good Karma to everyone involved. Why don't you help us and in return receive some free tokens too? Join our Facebook event, install Indiesquare to your mobile gadgets, and tell your relatives and friends to do the same. You know what they say; "refusal of blessings makes one go blind." Go accept this free money, have a good Karma and retain your precious eyesight.
Go now, save your eyesight.