- Introduction:$KARMA is brought to life by a council of seven,featuring OnChainMonkey OCM community leaders Soldman Gachs,Fitzy,Rabbi,and Drheref,alongside BennyTheDev and Alex Philippine from Tap Protocol,and Jason Fang from Sora Ventures. - This team brings a mix of community engagement and technical expertise to the project.Technical Background:Built on the TAP Protocol,$KARMA aims to provide a novel way of tracking Ordinals metaprotocols on Bitcoin,offering #DeFi capabilities that extend beyond traditional BRC20 tokens.Distribution Achievement:The airdrop of $KARMA to 60,957 wallets during late February 2024 represents a significant step in our projects journey,marking it as a widely distributed fungible token on Bitcoin. - The commencement of trading on ordinalswallet.com and ongoing wallet support are key steps toward broader acceptance.Financial Strategy:Securing 500,000 $TRAC for our treasury,with a valuation of USD 3.5 million,underlines our commitment to a strong financial base for $KARMAs future endeavors.Community Engagement and Utility:Implementing a tier system,$KARMA seeks to engage the community effectively,borrowing from established practices in the crypto space. - This,along with special artist drops and transactional features enabled by TAP Protocol,aims to enhance the projects utility and market presence.Future Directions:Our roadmap includes plans for asset staking to support the TAP Protocol and provide rewards to $KARMA holders,focusing on practical steps to grow the projects ecosystem and value.Conclusion:The introduction of $KARMA is a step towards fostering a more interconnected and active blockchain community. - We encourage the community and potential stakeholders to join us in this effort,aiming for a project that contributes positively to the Ordinals space..
Summary of the coin KarmaCoin
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