Btw, how many of you did research on how many search engine is on the market and how many of them is rewarded? So, even BING is rewarding users and it is not helping. Check:
http://archive.kare11.com/news/article/931941/0/Two-search-engines-that-reward-you-for-surfing-the-internet-Also this:
http://www.cnet.com/news/swag-bucks-earn-rewards-for-searching-the-web/And there are many many more. People don't be blind, Lill is not bringing anything new, there are already many search engines with rewards and big companies behind them. I can imagine browser toolbar, I can imagine it will bring million every year, but it is simply a dream. Toolbars are dying concept, people are moving from web to phones, it will be harder and harder to get marketshare on such market. Phones are closed, no way you can put your toolbar into mobile browser. Lill is nothing unique, the domain value is almost 0, it is just 4 letter without real visitors. I don't know the technology behind lill is, but If it was created in few months, it is not wort $1,2 million itself. Until now KARMA was just risky investment for me. If Karma sells Lill.com for $1,2 I will feel much more comfortable knowing, there are funds, results and smart people behind. Also If we reject the offer, count with huge sell-off. People do not want to be part of company, where greed and dreams destroy smart decisions. Selling is sure moon way, not selling is fast crash.
Lill's pay-per-action revenue model is entirely unique in search.
You are not rewarded for searching, you are rewarded for your actions + relationships.
We could the mistake of questioning why someone wants to pay a certain price for something that they want. Or just consider their offer and ask them to put it to paper if agreed. Really, it's just an exchange of value by way of resources. And a thing's value depends on the interested party's perspective.
I'm sure the native tribes in the New World were wondering why in the hell some strangers from another land would want to give them powerful weapons in exchange for their furs. And after a while they probably wondered where all their animals went, and why the strangers could produce an endless supply of weapons. Each values the other for their own reasons, and sometimes can see value that the other can't.
Fortunately, many of us see the value in Lill, and it is not just in the billions of $ but in a world-changing concept.
The Value of LillImagine if someone can volunteer their time for a cause in exchange for Karma that can then be traded for something else of value? Imagine if you could transact in Karma by doing what you already do? Imagine if it was eventually set up so that transactions happen automatically (a way of earning "transaction fees" on the actions and relationships that you already have)
Imagine that you could "mine" Karma by just being human? Lill knows you shared a link to a music video with your friends.. Karma from record labels. You searched for and bought a book on Amazon from Lill... Karma from Amazon. You visited Miami.. Karma from the Miami tourism board. The is no end to the number of human actions + relationships, and it can all be mediated (and searched for) through Lill.
Lill can be an OS for your life, then. And the currency for these actions+relationships can be Karma. Now you can see where we begin to expand the concept of "digital currency". You see someone in your Lill network that needs advice on a topic.. Karma from that person. Your Lill music channel has a cool new song from an independent artist.. you give them Karma for their song.
You then begin to consider the value of Karma beyond digital currency and one of human currency where anyone can trade their actions+relationships for something else. Not everyone has $, but
everyone has that to trade.
The first successful digital currency (and I don't count Bitcoin as being successful until the masses have adopted it) is probably going to be one that doesn't mirror the currency economy but creates a whole new kind of economy. (Why would the masses use Bitcoin if they don't have a reason?) Give people something new that they want, and create an economy around it. Isn't that why Apple has become so successful?
The value of Lill is in our future, not present. But we can only realize its tremendous value if we work together to make this happen.
Both of these points of view are very extreme, imo, one hopeful, the other critical.
For people that want to sell:
- The name lill.com alone has lots of value, this offer is based on current and a portion of future value
For people that don't want to sell:
- What Kosmost is saying is realistic, but at the same time it will take quite a while & lots of capital, make no mistake, just because this is crypto base doesn't mean it will all come together perfectly within 12-24 months and we'll have a significant portion of the market, duckduckgo has been at it for 7 years time and last I checked they are at 0.03% of the US market, despite having a strong business plan and a cool search engine. Reality: duckduckgo started in 2008, 4 years later, in 2011 they made $115,000 USD, revenues, not profit, and they had 3 employees at this point who were not being paid a salary, not to mention a number of paid contractors.
I'm not saying its unrealistic, just trying to provide a dose of reality as everyone is swinging for the fence, and giving their extreme versions of best/worst case scenarios.
I'm not trying to offend anyone, this is my understanding of the situation.
I think we would be best to sell and use the proceeds to reward early believers in Karmashares and re-invest the remaining into other Karma projects.
Full Disclosure: I am not a significant owner of Karmashares but I do own quite a few Karma, so by saying reward early believers I'm not trying to be bias, just want to clarify, I truly do believe early investors deserve to be rewarded & the dev team deserves the recognition from such an event.
Thanks.
