Gov/en/Portal:Economy/Karma-Tokens: Difference between revisions

{{KidsIntro|Karma tokens are like points you collect on the platform. You earn them by taking part, and you can use them later for rewards or services, a bit like airline miles.}}

{{ExpertIntro|Karma tokens are the non-convertible form of WikiDeal Rewards: a barter-style unit exchangeable for services and goods (housing, transport, food, tutoring) within Rings of Trust, earned through funding contributions, volunteering or programme participation. Their value is set algorithmically by the Karma Token Market based on real supply and demand, with usage coefficients from 1 to 10 per Ring; they cannot be self-generated, except a small welcome amount for new members. "Karma token" is a working name (previously "WIL token", and before that "Miles Rewards"), subject to a naming open call; they are not a currency in the legal sense and are not convertible to CHF.}}

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Karma tokens are the form of WikiDeal Rewards exchangeable for services and goods within the WikiDeal ecosystem, specifically within [[Gov/en/Portal:R&D/Innovations:Rings Of Trust|Rings of Trust]]. Unlike [[Gov/en/Portal:Economy/Rewards|cash-out Rewards]], Karma tokens are not convertible to CHF. Instead, they enable a functional complementary economy where housing, transport, food, tutoring, and many other services can be accessed directly.

Karma tokens are the currency of the WikiDeal community economy — not speculative, not financial, but immediately useful.

Karma tokens represent access to services. When you earn Karma tokens — through funding WikiDeal, contributing to a programme, or participating in community activities — you can spend them on services offered by other WikiDeal members within Rings of Trust.

# '''Earning''' — Karma tokens are earned through funding contributions (as P1 reward), volunteering, programme participation, or as a small welcome amount.

# '''Spending''' — Karma tokens can be exchanged for services offered within Rings of Trust (agreements between ≥2 [[Gov/en/Portal:R&D/Innovations:User Groups|User Groups]]).

# '''Value determination''' — The [[Gov/en/Portal:Economy/Karma-Token-Market|Karma Token Market]] algorithm sets Karma token value based on supply and demand within each Ring. More service providers → lower Karma token value per service. Fewer providers → higher value.

# '''Usage coefficients''' — Each Ring applies a usage coefficient from 1 (restricted access) to 10 (widely accepted across many Rings). Higher coefficient = more versatile Karma tokens.

* '''Value of service''' — What the Karma tokens can be exchanged for (what service, what quality)

* '''Availability / frequency''' — How often that service is available and how many providers offer it

This is not speculation — it is a transparent reflection of real economic activity within the community.

Karma tokens address the need for a functional internal economy within WikiDeal — one that does not depend on CHF, does not create financial risk, and enables community members to exchange value directly. This is the "complementary currency" dimension of WikiDeal: not a substitute for money, but a supplement that enables cooperation.

💡 '''Improve this concept''' — submit a proposal via [[Gov/en/Portal:R&D/Open-Calls:Main|Open Call]]