Rooted in Crypto History
The First ICO plus DeFi equals Karma Finance

On April 19, 2014, the founder of Karma Finance quietly launched the world's first ICO with Karmashares, under Karma Coin. It revolutionized crypto with a unique staking and distributed ownership model that empowered its community to help others. Now, Karma Finance — not an ICO — introduces a way to help students using DeFi.

DeFi for Students

The Karma DeFi platform allows you to help students at home and abroad who are studying hard to improve their lives. Help students pay for their tuition, textbooks, school fees, and other expenses while learning about emerging tech.

Peer-to-Peer Giving

Invest in students who need help by giving them tokens that you've minted using our DeFi platform. The longer they hold the tokens the more they could potentially receive as a reward when they redeem them for Ethereum (ETH) or cash.

Supercharge Your Ability

Increase your ability to help by using the Karma governance token, KFI and the KFITO token. The more KFI you add to the KARBS minting process the more the recipient has to claim ETH rewards. Use the KFITO token to multiply it even more.

Crafting Winners

We're not just introducing students to emerging technologies, but helping them build a winning mindset from having clear goals, strategies, and patience.

Unlocking Human Capital

Using the KarmaFi mobile application with the protocol, students can discover their hidden, intangible assets and use them to produce value for society in ways they never imagined possible.

Bringing DeFi to Those Who Need It Most

"Decentralized finance" is really about helping people who need it the most. We believe that by helping the next generation to succeed, society itself becomes better.

Freeing Minds

Using the Karma Finance DeFi protocol will encourage students to think of money not as a physical thing but an information system, and use that system to amplify their ability to produce value.

Help 'DeFi' the Odds

"Growing up surrounded by gangs and drugs in one of Chicago's worst neighborhoods, I dropped out of grammar school after my American mom divorced from my Canadian father and became gravely ill with cancer afterwards. Rather than become another tragedy like my former classmate (who became one of the nation's most notorious serial killers) I came up with my own learning system and taught myself what I needed to know to make a better life. Failure was not an option. I was lucky that I was interested in stocks and computers from a very early age. I think if someone is at an economic disadvantage, it's most likely because they never learned about how money works and how to use it to their advantage. Karma Finance sits at the sweet spot between these three vectors: finance, technology, and the will to learn. We can use DeFi to really help students so that they can make a better life for themselves. Then one day they could teach others how to make it, too."

Antoine Sorel Néron

Founder of Karma Finance and Creator of the ICO

Help Students Succeed Using DeFi


Stake Your Ethereum

Launch the Karma DeFi app and connect your Metamask wallet to stake in an open-sourced, decentralized, and autonomous smart contract.



You choose when to mint KARBS, or continue staking. The more time that passes, the more KARBS you can mint.

Fill up with KFI, the community governance token, and use it to multiply your stake. Multiply it even more by using both KFI and KFITO tokens.


Student Redeems KARBS

When you transfer your KARBS to someone else's wallet, they can also stake if they want. The longer they stake their KARBS the more ETH they could potentially receive as a reward. They can redeem it at any time.

Two sides of the same coin, each supporting the efforts of the other.

The Karma Finance Ecosystem


The Karma DeFi Protocol token. Event-driven deflation. 100% owned by the community. Autonomous. No dev control.

Total Supply


Pre-sale or private sale tokens


Team tokens


Marketing or admin tokens


Anticipated launch

Q4 2020

When $KARBS are used for minting, they are burned.


The Governance and KARBS 'multiplier' token.

Total Supply


Team tokens

Community tokens

100% locked

85% locked

Marketing or admin tokens:

85% locked

KFI Governance Token Timelocks

Most of the supply of KFI tokens have been locked until September 2021 as a measure of our confidence in Karma Finance's project goals and timelines. 

Community Reserve
85% locked
85% of the Community allocation of 155,000 tokens have been locked until September 2021.
Team Reserve
100% locked
All of the Team allocation of 155,000 tokens have been locked until September 2021.
Development Reserve
85% locked
85% of the Development allocation of 155,000 tokens have been locked until September 2021.

The 4 Stages of Development

Phase 0


In the beginning phase we get our ducks in a row, with the basic foundation and purpose of Karma Finance communicated to the public. We begin to crystallize our vision and story, as well as the problem that the Karma DeFi platform solves.

Phase 1


The community and public can better see how the various pieces of the Karma DeFi solution come together as we begin to test, and make use of, the actual protocol. Contract auditing and security is also a focus in this phase.

Phase 2


The Karma DeFi protocol is mature enough that users can more easily extract value from it. A complementary interface that allows users deeper exploration of the protocol (in the form of a mobile app) has begun development.

Phase 3


Users can successfully leverage the KarmaFi application with the DeFi protocol for maximum benefit. The elements for reaching critical mass are in place, allowing for anyone around the world to benefit from Karma Finance by using their inherent human capital to realize its more practical monetary value.

Phase 0 Tasks // Updates // Proposals

Copyright 2020 Karma Finance