Earn additional rewards for advancing crypto

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In mid-September, we announced Karma, a points system that recognizes user contributions to token networks on CoinList through value-added activities. A high Karma score helps users qualify for the Priority Queue – an invitation-only queue for CoinList token sales that is significantly shorter than the main token sale queue and which runs in parallel with the main queue.

Since the introduction of Karma three months ago, we have been blown away by the response and adoption of this program by the community:

The number of users with Karma points (or in the process of earning points) increased by 112% The number of users with more than 1000 Karma points increased by 155% The average score of users in the last three month increased by 80 points

One of the most common requests we get from our community is to come up with more ways to earn Karma Points. Today, we are proud to announce the launch of Weekly Karma. Here’s how it works and how it differs from the existing Starter Karma:

Starter Karma

Starter Karma points are awarded once per activity staked on the platform for staking, trading, lending, participation in previous validation / mining programs (not open to applications), hackathons (not open to applications ) and experimental offers. In addition, we grant starting points to users who participated in our first sales and to our most engaged users (including partners and founders).

Weekly Karma

Weekly Karma Points are awarded for weekly value-added activities on CoinList. Right now, you can earn weekly points by trading on CoinList, CoinList Pro, and the CoinList Mobile app, and through Nucypher, Casper, Flow, and Rose staking. This is how it works:

Trading: 1% of your weekly trading volume is converted into Karma points. Points are issued once a week on Mondays and expire after 12 weeks. Users can earn up to 50 points per week for weekly transactions on CoinList, CoinList Pro, and the CoinList mobile app. Locked Staking: 1.2% of your weekly staking volume for locked assets (NuCypher, Casper, Flow, Rose) is converted to Karma Points. Points are issued once a week on Mondays and expire after 12 weeks. Staking points begin to accumulate once assets are locked out. Users can earn up to 60 points per week for locked assets.

For more details on Karma, be sure to check out our new Karma FAQ. And stay tuned for a special reveal for the CoinList Karma community soon – details coming soon!

See my Karma »

Legal notice

CoinList token sales are not available to residents of the United States, China, Canada, South Korea, and certain other jurisdictions.

CoinList determines and implements criteria in its sole discretion to evaluate contributions and award points to users. CoinList does not undertake to disclose any deliberation or decision concerning any particular user.

This blog post is distributed by Amalgamated Token Services Inc., dba “CoinList” or one of its affiliates. This blog post and use of the CoinList website are subject to certain disclosures, restrictions and risks, which can be found here.

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