Karatbars latest news: up to Feb 3, 2020

Here is a quick summary of Karatbars latest news up to February 3, 2020.

By the way, we are still waiting for the ‘GoldMine’ activation feature to pop up on Karatbit.


New KBC smartcontract

As you may know, Karatbars changed KBC smartcontract for security and trustworthiness purposes.

The old smartcontract address:


The new smartcontract address:



If you have KBC on exchanges including Karatbit

You don’t need to do anything as the change to a new contract is done automatically for you.


If you have KBC in private wallets

If you hold KBC in MEW, Ledger, Metamask or other wallets deposit your KBC to Karatbit in order to exchange them for “new” KBCs.

Take your time because there is no deadline for the exchange of “old” KBC to “new” KBC!


How to use Impulse K1 Phone. Customer support

Karatbars released a series of tutorials on how to use the Impulse K1 blockchain phone.

If you have any questions there are two VoBP support lines (Voice over Blockchain Protocol) that you can use:



  • Use a wisp function on your Impulse K1 Phone

  • These are NO email addresses and no emails can be sent there!


Digitization of all packages

From now on all materials in packages will be digital to reduce the environmental effect.

If you want gold or supervisor/director/etc. pins that come in packages, you will have to request these.



These are the current CEMs that I am aware of. There may be more around the world.



just north of Minneapolis, Minnesota

Little Rock, Arkansas



Richmond, British Columbia

Calgary, Alberta



If you have any questions, leave them below!



  1. Orlando

    Hi Margarita.Today I proposed in my group to buy 50 euros of KBC every day 30 of each month. If 50% of affiliate do it, the price of KBC must increase.
    What do you think of this idea?

    • Margarita

      Hey Orlando,

      That’s smart!! Thank you for doing this. Maybe I should do something like this 🙂

      Of course it will bump the price to some extent. The more demand there is, the higher the value is!

    • Margarita

      Hey Orlando,

      Yes, not enough info. But, it’s all fine, with time more will be released.

      In my opinion, Karatbars is working on too many projects at once which creates this.

      The CEM locator will come out eventually as well.

      Have a brilliant week!

  2. Hermanus Gerdhardus Van Der Westhuizen

    It’s a putty that we almost pay 22000 zar for our k1 phones and still pay up to 8000 zar at FedEx couriers to get our phones. Why didn’t you appoint people to come to you to maybe pick up x amount of k1 phones and let them hand it out to the people who ordered the phones.

    • Margarita

      Hey Hermanus,

      The delivery is expensive, yes.

      Though the phone comes from Germany and majority of Karatbars members don’t live in Europe, so, of course it will be costly.
      Plus FedEx does a superior job at delivering!

      It’s an excellent idea to ship phones to one address and then distribute them. This needs to be arranged, of course, depending on where people live. I’m open for that. I live in Calgary, Canada.

      Have a majestic week!

  3. Sadiq

    Hi Good Morning,

    Around 600 members of karatbars family lived in Dubai UAE, I wanted to know when they will deliver CEM in Dubai and share the location also.

    Thank you

    • Margarita

      Hi Sadiq,

      It’s not clear yet when it will be delivered.

      Placing ATMs (CEMs) around the world including Dubai will take time.

      If you want to speed the appearance of CEM in Dubai, buy the machine and put it in your or friend’s shop!

      To make it easier on your budget, split the cost of CEM among other Karatbars members that you know.

      The great thing is you make 4% of every withdrawal if you own a CEM!

      When I learn about any CEM in Dubai, I’ll mention that in the newsletter.

      Smile and laugh 🙂

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