DApp: KARMA

root
Reviewed: 19 January 2019
KARMA is a system that is built to enable people look at various sector in the world that needs help and attention. This enables users to carry out good work of help and get rewarded while sharing this with the rest of the world on KARMA. KARMA is a grassroots start-up founded to revolutionize the way humans interact with each other. KARMA is a community of individuals who believe in helping mankind one action at a time.
Name KARMA
Platform
EOS
Token of interest
Supporting wallets
Category
Users 24h
559
Users 7d
Overall rating:
2.5 / 5
User experience
★☆☆☆☆
Token integration
★★★☆☆
Team
★★★☆☆
Community
★★★☆☆
Security
★★★☆☆

How to use

1.    Visit the Karma website (https://www.karmaapp.io/) to access the Tobet web version
2.    Install (or access) Scatter (https://get-scatter.com) for the desktop version is recommended. Alternatively, you can create a new EOS address or use your existing one by importing private keys.
3.    Navigate to the KARMA website. https://www.karmaapp.io/

Functionality

The Up-Vote Function:

Just like every conventional social media where users can like posts made by other user, same thing applies to KARMA App but instead of likes users upvote content creators by casting their vote on the post which in turn channels were KARMA coin should be allocated to in the reward pool.

Downvote Function:

Similar to the upvote feature the downvote feature function in the negative as a control measure to self regulate the system. Downvotes will help reduce abuses, spamming and most especially fallacious contents upload.

Comment:

Users will be able to comment under posts uploaded by content creators to shed more light on the events, contribute and encourage the content creators positively.

Share:

This feature as stated in the white paper will be a great tool of spreading the contents on other social media platform which will enable more person access these contents.

Categories:

The KARMA App will be launched with pre existing categories to enable users filter information and streamline their area of interest. As time goes more and more categories will be created to accommodate more works of life.

User Profile:

Users will be able to upload profile photos, their age and one other awesome thing about themselves.

In-App Wallet:

Within the KARMA application, users will be able to send & receive KARMA. Also, users can store their KARMA within their mobile wallet. This allows KARMA to be used in a variety of ways both in-app and in the world. More features will develop within the KARMA wallet as the project evolves.

KARMA Post - Photos & Videos and Upload of Posts:

Posting of videos and pictures will also be possible to ensure that every post is detailed and well documented. The reduce the stress of searching categories without aim, KARMA will make it possible for user to be able to add caption, location and category to their posts, pictures and videos so everyone can identify where the event actually occurred.

KARMA Idea Generator:

This function will exist to spark ideas as to what someone can do next to provide value for others in the world. There will be a simple interface for users to click a button and get a KARMA idea so as to support their environment.

According to the KARMA timeline the KARMA DApp is scheduled to launch in the 4th quarter of the year 2018. Everything above are speculations in anticipation of the launch of the KARMA DApp.

Token Mechanics

The KARMA platform uses the KARMA token. A total of 5.4 billion KARMA which represents 31% was allocated for initial airdrop to be distributed to EOS token holders at a ratio of 9:1 which means that for every 1 EOS token held, a users will receive 9 KARMA. This distribution will be done using the Genesis Block Snapshot.

A total of 30% of KARMA will be use as incentive for the founding team for ongoing development and as compensation for future contributions, and 20% will be use for future airdrop, while 9% for marketing and 3% for advisors.

As new KARMA is created daily, it flows into four separate pools, with each been operated for a specific purpose aimed at adding value to the KARMA project. The various pools include:

Issues
As at the time of writing this review, an issue noted is that the team is behind schedule in releasing its Karma version 1.0 app for users.
Final Verdict
According to the KARMA timeline the KARMA DApp is scheduled to launch in the 4th quarter of the year 2018. Everything above are speculations in anticipation of the launch of the KARMA DApp.
Based on the features of the KARMA platform, we will make our final verdict to be 3 out of 5.
User experience
★☆☆☆☆
As at the time of this review the KARMA Beta app has not been fully launched and as such could not get access to the app. But currently, the KARMA token is now available in exchanges; such as Newdex and IDCM for users.
Token integration
★★★☆☆
As users engage in the KARMA core activity of helping others and posting the interaction as a photo or video and receive upvotes from other users on the application. This received upvotes is then translated into KARMA. This is a way to inspire and incentivize individuals to help those around them.
Below are some of the uses of the KARMA token:
• Peer to peer payments
• Receive as rewards for delightful post
• Staking KARMA for stronger upvote
• Promoting posts within categories to get more exposure
• Advertisers - Run ads within the app using KARMA token
KARMA can be staked for a minimum time of 3 days. This will give a stronger upvote.
Team
★★★☆☆
The KARMA Team consists of talented individuals who are vast in marketing and development. The team is made up of Dallas Rushing the founder, Matthew Spataro the co-founder, Nathen Rempel a blockchain developer, Dallas Johnson an IOs developer, John Willianson a full stack developer and Corvin Meyer A. D. Heide who is also a full stack developer.
The team is dedicated to its work, although as at the time of this review, they are currently behind schedule in the release of the KARMA Version 1.0 app.
The team also works with advisors to help improve its wealth of knowledge.
Community
★★★☆☆
The KARMA platform has a robust community on Telegram with over 2500 members. The community is vibrant and active as constant conversation usually go on in the group among members.
Security
★★★☆☆
The KARMA app is integrated with a smart contract which is impenetrable.

Overall Rating

Rating 17/25 = Acceptable

< 13 (avoid) | 14-16 (bad) | 17-19 (acceptable) | 20-22 (good) | 23-25 (exceptional)

Technical Diagnostics and Analysis.

Speed on Desktop

karma speed desktop

The KARMA DAPP website currently functioning averagely compared to other DAPPS on desktop. It’s fairly fast

Speed Mobile

karma speed mobile

The KARMA DAPP website currently functioning slowly compared to other DAPPS on mobile.
karma speed opportunities
karma speed audits
karma speed lab data

First Content Paint

First Contentful Paint states that the KARMA DAPP site takes 1.2s time to load its first text or image compared to other DAPP’s sites which makes it preferable.

Speed Index

Speed Index shows how quickly the contents of a page are visibly populated. It takes the DAPP approximately 7.1s to visibly populate contents as opposed to other DAPPs on the EOS blockchain.

Time to Interactive

Interactive marks the time at which the page is fully interactive. Upon loading the DAPP it takes about 6.2s for it to become interactive compared to other DAPPs

First Meaningful Paint

First Meaningful Paint measures when the primary content of a page is visible.

First CPU idle

First CPU Idle marks the first time at which the page's main thread is quiet enough to handle input.

Estimated Input Latency

The score above is an estimate of how long your app takes to respond to user input, in milliseconds, during the busiest 5s window of page load. If your latency is higher than 50 ms, users may perceive your app as laggy. Since the DAPP is 720ms we can say it’s quite slow to response as perceived by users

Disclaimer

Token Valley is an independent provider of research relating to the Decentralized Application ecosystem. We have not been paid nor mandated for this research report. The views expressed are entirely those of Token Valley, and are merely opinions. The contents of this report and its attached documents have been prepared without taking account of your objectives, financial situation or needs. Because of that you should, before taking any action to acquire or deal in, or follow a recommendation (if any) in respect of any of the financial products/ investments/ tokens/ or information mentioned in or downloaded from or through this website, consult your own investment adviser to consider whether it is appropriate having regard to your own objectives, financial situation and needs. Whilst Token Valley believes the information contained in this report is based on information which is considered to be reliable, its accuracy and completeness are not guaranteed and no warranty of accuracy or reliability is given or implied and no responsibility for any loss or damage arising in any way for any representation, act or omission is accepted by Token Valley or by any officer, agent or employee of Token Valley or its related entities. Token Valley reserves the right to at any time vary, without notice, the range of services offered and the terms under which such services are offered.