You probably know by now that I've spent the past few years learning about blockchain and cryptocurrency, and all the futuristic stuff that goes with them. One of those learnings was about Creator Coins, or social tokens. My Creator Coin is the $KARMA coin.
For those of you who have already bought $KARMA coin, here's some information I wish you had had before you purchased, because it would have explained some things I didn't. To make things simple, I just said "trust me. The $KARMA coin is cheap and we can have a little fun learning about cryptocurrency.
Well, the coin has now doubled, and I owe you more details. It could actually be worth something some day. $KARMA coin is part of the Rally.io ecosystem. In other words, Rally issues the coins to creators, and they sell them to their fans. In Rally terms, I'm your "creator." But you're not my fan, you're my friend. I'm not a YouTube star or a TikTok video maker.
So our coin works a little differently: it is used to fund a group of other creators, sort of a mutual fund of creators. This is how I make your little coin grow. I turn around and curate the best of Rally's other creators, and the fund buys and holds their coins. Our coin operates like KARMA, you from the universe what you give out.