rhodesdelton
3 months ago  Karma: 10
Can I earn LOOM tokens by using DelegateCall?

Looking at the project's various resources I am a bit confused... Does the Loom Network enable users to convert karma points earned here on DelegateCall to LOOM ERC20 tokens and then to ETH or just directly to ETH? Any technical overview/explanation of how this process works?

en
#loom network
LOOM Tokens
rhodesdelton
3 months ago  Karma: 10
Can I earn LOOM tokens by using DelegateCall?

Looking at the project's various resources I am a bit confused... Does the Loom Network enable users to convert karma points earned here on DelegateCall to LOOM ERC20 tokens and then to ETH or just directly to ETH? Any technical overview/explanation of how this process works?

en
#loom network
LOOM Tokens

2 ANSWERS
fsdghraeg
3 months ago Karma: 208

Couple of things i found regarding this, but I am in no way knowledgable about it.

on DelegateCall these karma points can be redeemed for a tradable ERC-20 “DelegateCall token” on Ethereum mainnet, allowing users to earn rewards proportional to their contributions to the site.

and from a post 5 months ago:

Karma is not transferrable, it's just a reputation counter.
DelegateCall token is the reward for posting on DelegateCAll.
Loom tokens are used to transfer DCT to the main Ethereum blockchain.

Hope it helps!

Couple of things i found regarding this, but I am in no way knowledgable about it.

on DelegateCall these karma points can be redeemed for a tradable ERC-20 “DelegateCall token” on Ethereum mainnet, allowing users to earn rewards proportional to their contributions to the site.

and from a post 5 months ago:

Karma is not transferrable, it's just a reputation counter.
DelegateCall token is the reward for posting on DelegateCAll.
Loom tokens are used to transfer DCT to the main Ethereum blockchain.

Hope it helps!

denniscryptosg
3 months ago Karma: 19
landro.elma

nope, Ethereum! Karma isn't a "Blockchain token" per se but may be swapped for DCT (a plasmachain / ERC20 Ethereum token)

Mar 04 '19 at 12:00 am
Earn tokens by posting and answering questions about blockchain!
Karma to eth
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