Hey, thanks for your questions.

For Shopomy to succeed, Shopomy will have to be used by at least 300 users in one city, I think. However, there are other use cases for Goodomy in development. Shopomy is just the first one and the focus for now.

That is to say, the success of Goodomy won't depend on the app's success.

The growth would be measured weekly per location. 60 users is the approximate test base for the first market (e.g., Los Angeles) with other cities being pushed after that. The March-June period being about 12-15 weeks and about 50% growth week-on-week across all locations until it hits a saturation level. 200-500% weekly growth for the first few months is not uncommon for apps that have similar economic or gamification features.


You can think of FITE as store listings, and REMI as the process behind the listings.

I may create a "bluepaper" that details the logic behind these processes when phase 2 is released. But it's also good to see it in action.


These won't be the typical mobile ads but promoted listings, like ebay or Amazon. It won't interrupt the user experience in any way.


A pleasure! It helps the process and lets me know what people are thinking. If you have any other questions or suggestions please feel free.

Hi. You can input your wallet address on line 5 here:
https://etherscan.io/address/0xae616e72d3d89e847f74e8ace41ca68bbf56af79#readContract

If there is a result for the uint256 value just take away 6 zeros to confirm the number of tokens in your possession.

If there is no result, please let me know.

Note that the contract is immutable, so it still says our old name (Good Karma). This will change in the next few months to the correct name.

Also note that the "GOOD" trading on EtherDelta now isn't confirmed to be Goodomy/GoodKarma. But if a token value shows up for our Ethereum address you are fine. (I deleted all references to them a few months ago, including from CoinMarketCap)

if there is no ICO on this,

how were the initial GOOD coins distributed? before they were listed on etherdelta?

Before they were listed on the exchange, they had not yet been distributed.

And about half of the supply is still with the contract, to be distributed in a different way than it first was.

Let me know if you have any other questions or suggestions. Thanks

Hi. Thanks. Here's the relevant post: https://bt.irlbtc.com/view/1969334.msg19854603#msg19854603

Let me know if I can clarify it further.

Indeed.

nah, etherdelta is really laggy...and it was probably me buying up your GOODs

yea etherdelta was hacked last week...it's possible u sent to hacker's address.

dont use that trash exchange.

I'm not sure of your exact situation but these instructions for withdrawing from EtherDelta using myetherwallet may help: https://www.reddit.com/r/EtherDelta/comments/6hrxjw/etherdelta_guides_for_first_time_users/dn6heno/?st=jbsqve4u&sh=45ed90ea

Hope your tokens are okay

I don't actually own any tokens. This may come as a surprise, but I am looking forward to, along with the management team, getting a nice, steady income from Goodomy. This may happen when we have some governance (or board) in place and they agree to that. I'm thinking that it will be a percentage of profits or year-on-year market cap increase to incentivize us to deliver both bigger profits and bigger returns. A steady income is much more attractive to me than tokens because it allows me to focus on value of what we're doing rather than today's price and constantly checking it like I see a lot of other developers do.

It also helps to prevent market manipulation via dumping from those with inside information.

For the management team, I would think a salary would be better than giving someone tokens. Yes, the team should have a stake in the project but this could be through fiat bonuses rather than tokens. We don't want to look back in 10 years and wonder why we gave the office maid $5 million worth of tokens (when they were only worth $100 at the time). Think of the $100 million Bitcoin pizza and how stupid the person who ordered and paid for it in Bitcoin must feel now. Looking back, they would have preferred to pay cash. This method helps to preserve future value. We don't want to write people blank checks just because they're part of the team. It also makes accountants more happy, which tells me that it's probably the best strategy for stability and growth.

I also may benefit from patent licensing. The technology itself will not be patented but the business methods utilized in Shopomy will be, as protection against direct competitors. The more successful it is the more valuable the license will be. This also allows me to focus on making the whole economy as valuable as possible, again rather than being distracted by token price.

Back in the day (before and during the bubble) I had some stakes in some (non-client) startups and was constantly checking my Bloomberg terminal. I wasted a lot of time I could have used more productively. I also didn't get much sleep and wasn't really able to focus on the task at hand. Hopefully this is a much better way of doing it while saving more tokens for others who believe in the project.

The project actually began as a way for holders of the (nearly-defunct) Karmacoin to get some kind of value from their tokens. I was trying to revive Karmacoin but the person in charge (who wasn't doing anything for years) didn't like it. So, then I decided to start 'Good Karmacoin'. Not many were interested at the time, nor saw the value of having it on the Ethereum platform. My primary motivation for creating this token was actually to 'do something good' for the Karmacoin community when I saw nothing was going on with it. But as time went on I realized I could implement some plans I had been working on into the new token. And so here we are

Interesting....

so you plan to have no equity, but want the steady income.

so as token holders, do we have ownership of any of the patents, software, etc...or is it purely on price change appreciation, and ICR?