The First Cryptocurrency(KARMA)

Karma is a cryptocurrency made by the creator of Avalanche (Emin Gun Sirer) in 2003, predating Bitcoin by 5 years. Karma is a virtual currency for peer-to-peer systems. Its main advantage is that it is not controlled by any single entity. Its implementation, along with the means for the control of its supply and value, are entirely decentralized. Starting in 2002, Emin Gün Sirer and two fellow students, Vivek Vishnumurthy and Sangeeth Chandrakumar, started working on their ingenious idea to solve this problem for good— an online currency, called Karma, to incentivise people to do good. No coin or token has ever been created piggybacking off this principle. I think it's time to change that. The market needs Karma. You can read more about Karma here: https://www.cs.cornell.edu/people/egs/papers/karma.pdf https://medium.com/blockwhat/03-it-s-karma-484fdc2d8657 https://medium.com/@00AaronFernando/meet-the-professor-who-created-a-virtual-currency-that-predated-bitcoin-bd66f34ac61d https://thebitcoinpodcast.com/episode-46/ https://x.com/MihailoBjelic/status/1075525935959552000