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Karma Gets $4.1M In Pre-ICO Offering, Adds Ryan Scott To Board

Los Angeles-based Karma, a company developing blockchain technology, said Friday that it has raised $4.1M out of a $5M pre-sale goal for its token sale, and also added Ryan Scott to its advisory board. Karma said it is developing a proprietary membership and event management platform based on Blockchain. Separately, the company said Ryan Scott has joined its advisory board; Scott is an angel investor and is the founder of Causecast. The company said Scott has invested in such companies as Inside, Tesla, CrowdFunder, Tiltify, Lottery.com, Earth Class Mail, Principle Power, Signum Biosciences, Greener World Media, Sierra Nevada Solar, and Cool Earth Solar.