
Formerly Karmacoin, Karma (Symbol: KARM) is a digital currency based on the X11 algorithm. Like the philosophy behind the name, Karma stands for everybody reaping the results of his/her actions. By supporting good causes and helping others, Karma intends to become the primary digital money for rewarding good deeds and spreading good karma. The coin is a new way to “Like” your family, friends, organizations, causes, and others, so it is considered as an actual token of appreciation. The Karma developer aims to make the coin the global “currency with a heart” used for tipping, donating, buying, or micro-financing. Besides, with Karma, users are enabled to send small amounts of money to friends, family, co-workers, neighbors, charities, and other causes for the good things they want.