09 May Symbol blockchain news update – 09/05/22
Monday again already! Hope you’re not too depressed seeing crypto prices plummeting all around you 😁 Don’t worry, it’ll go up again, now is the time to build and accumulate and not to freak out. Anyway, I haven’t posted for a few days so thought I would bring you up to date, don’t have a huge amount to report so if you have any stories that you would like to share then please let me know!
Introducing KarmaPoint
So, @karmapointApp have kindly provided me with a summary of what they are up to so I thought that I would share it with you. I had a basic understanding of the concept and definitely knew that it was built on Symbol (good choice!) but here’s their story told in their words below:
KarmaPoint is an App that rewards positive actions of people and organizations with a digital token built on Symbol. In our app, we create a reputation level that will increase with each token earned. Tokens can be earned by participating in campaigns within the App and can be traded for benefits in our store that is currently under development.
We believe our society can improve if we increase collaboration between people because collaboration is in our inner nature. We solve collaboration problems in work environments and in our society.
- 1 in 4 employees state that their companies do not promote collaboration and recognition programs at their workplace.
- Recent years for non-profit and charitable organizations have been badly affected due to the pandemic. This caused a huge drop in volunteering and help. Social collaboration has dropped by over 25% and many non-profits are now in danger of closing down.
Companies use KarmaPoint to motivate and improve collaboration in the work environment and spread corporate culture and values. We help NGOs to attract the volunteers and resources that they need and the unseen heroes will be recognized for their contribution to society, providing them more and better opportunities in the future. Thus, we support UN SDGs like gender equality, decent work, inclusive societies and ending poverty. Also, an organization can have a real corporate reputation, based on its employee’s actions.
KarmaPoint can also be used in communities of all kinds or wherever people get together behind a common cause. We have validated our solution and its benefits in a pilot. In the survey result, users have stated that they felt closer to others and more engaged to do good, but most important is our users felt grateful to be recognized for their actions.
Our strength is that we are based on the Symbol blockchain which allows us to have transparent and traceable peer to peer transactions. We also have a pet called Karmadillo! He is our inspiration and guide, you can find him in our posts spreading our message. Take a look at our website at https://karmapoint.app, we are also pretty active on social media!
Thanks for sharing your story with Symbol Blog! I hope that we can publish a longer blog post in the future once it is released! Make sure that you follow them on Twitter and keep up to date with their progress. I really think that this could be used by the Symbol community to reward contributors with some good karma for what they do for us all. Maybe we can make this happen?
A show of strength
Come on people. You want to see Symbol and NEM listed on more exchanges don’t you? Here is a perfect opportunity to make this happen and it is entirely in your hands. You have until 18:00 JST tomorrow to deposit $5 worth of Symbol and/or NEM to MEXC. The top two projects will be listed on the exchange. Currently, we are not doing well! Symbol is in second place with NEM in a distant third 😭 We are being beaten by HugHug (WTF even is this junk?). We have to do better so spend 10 minutes of your time to help out and make a deposit!
Web wallet in development
This looks amazing! I don’t know much about the project but it looks as if @faunsu19000 is writing a web-based wallet for Symbol. It is still a work in progress but I really like the look of it, very nice design! I don’t think that there is any information available in English yet but I will be following development progress and will try to keep you up to date!
Cluster recognition
This is cool, Cluster recently tweeted about @mahorobart‘s cluster gallery! Good to see that the company is noticing the creativity that the Symbol community is bringing to the platform. We seem to have made it our own with galleries, meetups and our metaverse representation of XYM City. You can check out some of the Symbol related worlds here. Why not pop in and say hello 😁
Be inspired
I think that this is what Symbol is all about. Shared passion and new technology inspire users to create. I liked this artwork and call to action from @bestgoldangel – let’s work together and grow our community.
Thanks!
Well, that’s it for today. I have the week from hell this week so posts may be patchy but hopefully, I will find some time in the evenings to write. As usual, if you have any news or stories that you would like to share then please get in touch or let me know on Twitter 😊
If you are a regular reader then please consider supporting what I do and delegating to my node xymharvesting.net
I’m a Symbol and NEM enthusiast and run this blog to try to grow awareness of the platform in the English-speaking world. If you have any Symbol news you would like me to report on or you have an article that you would like to publish then please let me know!
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