Mobile broadband MVNO Karma has been running its social bandwidth experiment for six months, allowing anyone to connect to any of its customers’ WiMAX hotspots for free. So far it’s had a lot of takers.
Karma has arrived and its brought its concept of social bandwidth along for the ride. It’s betting consumers will be willing to share their 4G connections with strangers if given the proper incentive so it’s doling out free bandwidth in exchange for benevolence.
Karma not only encourages its 4G customers to share their connections with strangers, it rewards them with free bandwidth for doing so. The Dutch transplant’s social bandwidth vision now has a new convert. Venture capital firm Draper Fisher Jurvetson is participating its seed funding round.