Last week, startup society Lotos published its novel projection on Reddit aiming to do a decentralized religious community, supporting Buddhism together with meditation, based on the Ethereum blockchain. According to the company’s white paper, the community’s construction volition hold upwards segmented into 3 parts: “an off-blockchain software platform” connecting the teachers together with the students; “an internal economic scheme supported past times ERC20 tokens purchased past times subscription fees together with a primal banker smart contract;” together with “a website and
database backend connected to the network amongst Swarm.”
The ERC20 compatible Karma (KRM) token volition hold upwards used for on-platform exchanges together with for crowdfunding the evolution of the platform. In improver to that, if users are able to grow the network, they volition have KRM every bit a reward.
The society believes they tin do a blockchain-based community past times combining scientific discipline together with organized faith inwards a radical way. There is fifty-fifty a contestation from Tenzin Gyatso, the 14th Dalai Lama, included inwards the whitepaper:
“If scientific analysis were conclusively to demonstrate for sure claims inwards Buddhism to hold upwards false… together with thus nosotros must have got the findings of scientific discipline together with abandon those claims.”
The Lotos community volition hold upwards divided into ii parts: students together with teachers. Teachers volition hold upwards either elected or assigned past times the company’s owner. They offering religious services for the students including “facilitating pupil retentivity together with progress,” creating content for the network together with “recruiting” novel students. The teachers volition earn Karma tokens for their activities.
On the other hand, the students tin freely register into the community, although, for a price. Lotos volition permit students to bring together “temples” together with classes exactly they have got to pay KRM tokens to do so. Furthermore, in that place is “Karma-gated” content, which is solely available if for sure students pay a apartment monthly subscription fee. Students tin likewise earn KRM bonuses if they meditate, the to a greater extent than regular their action is, the to a greater extent than bonuses they tin earn, the whitepaper detailed.
When Lotos published its whitepaper inwards the Ethereum community on Reddit, they received difficult criticism. Most of the users struggle that Buddhism does non comply amongst materialism.
“I remember ‘searching pregnant beyond materialism’ together with fabric ‘reward of spiritual practice’ don't mix together really well. Just a thought,” i user wrote.
“Dude what y'all are doing is non Buddhism it's Opportunism. Buddhism is most Simplicity, y'all are leading people into Complexity. Basically amongst your System people's Incentive to meditate IS TO MAKE MONEY (NOT LIBERATION),” some other user wrote on Reddit.
Others inwards the community suspect that the whole project, which is planning to launch an ICO, is a scam or some form of money grab.
“Here's the occupation man: y'all are coming out amongst an ICO correct at a fourth dimension when the inherent corruption inwards ICOs is really much a populace thing. I similar the thought of a decentralized meditation app, I actually do. However the fact that y'all are doing an ICO for ‘decentralized religion’ on something that isn't non-profit ESPECIALLY BUDDHISM screams scam, together with I believe it is one. If this is actually your passion to aid people some the the world larn to meditate together with cash inwards one's chips spiritual, y'all wouldn't have got a for-profit concern model. Without a non-profit, y'all actually don't have got a leg to stand upwards on when it comes to spirituality,” a user named “PJBRed27” said most the project.
Surprisingly, it seems the negative opinions on the projection made Lotos alter some of the concepts of the project:
“We are changing direction a fighting now:
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Remove ICO advert from all marketing fabric / halt the crowd-fund assemble with give off edifice our community.
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Start playing the irksome together with steady ‘snowball going downwardly a mountain’ game.
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Write weblog posts at to the lowest degree i time per week, each post highlights i of the community's biggest concerns amongst our projection (like why nosotros necessitate ERC20 tokens).
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This likewise gives us fourth dimension to uncovering both blockchain together with buddhist advisors.
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Move away from 'Buddhist’ to ‘Secular Meditation’.”
Read Article Full Bad Karma: Community Objects to “Opportunism” of Buddhism on the Blockchain : http://ift.tt/2uQSwqy
