The Opakeco Foundation The Opakeco Foundation

The Opakeco Foundation

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The goal of the Opakeco Foundation is to have charities use Karmo tokens to buy food, medical supplies and other necessities that help their cause. The platform will let you see to what extent a certain well-doer or charity is accountable and transparent.
Risk: High
Sep 21, 2017
Sep 28, 2017
100% completed
Raised funds - no Data
past

About The Opakeco Foundation

The Opakeco Foundation is building a platform where token holders will be able to exert control over the foundation and support charities without the need of technical skills. In time, Opakeco will become the quality label for measuring the transparency of charities and well-doers.

The Opakeco platform thrives on a connected community: as a token holder, your vote counts. Together with the Opakeco Foundation, you decide what decisions to take; with your tokens, you can steer the foundation; and together with The Opakeco Foundation, you will help humanity.

The Opakeco Foundation wants to emphasize that token holders decide. Decisions within the foundation are made by asking everyone, with the majority of the deciding power in the hands of the community. Important points here are that token holders will be able to vote on all strategic decisions, including, but not limited to quarterly budgets, strategic goals and board members.

Within the same platform users will be able to communicate with different charities, verified well-doers and people who aim to make a change in their community. The platform will let you see to what extent a certain well-doer or charity is accountable and transparent.

The goal of the Opakeco Foundation is to have charities use Karmo tokens to buy food, medical supplies and other necessities – this can range from building water wells and houses to providing solar-powered lights – that help their cause.

Token holders will be able to send tokens to well-doers and charities through the Opakeco platform. Apart from the efforts that the foundation itself will be putting into aiding different causes all around the world, token holders are able to have a direct impact in a cause they feel strongly about.

The Opakeco Foundation will help organizations become more transparent and give them an Opakeco rating according to the measures they have taken to be transparent. The token holders will be able to vote on what weight each metric should carry.

Features

- Voting with your tokens, being able to have remaining ETH refunded
- Send humanitarian aid with tokens
- Founders don't have access to funds unless token holders approve
- Founder tokens only release 5% per quarter
- Foundation (Stichting), non-profit organization
- 40% of balance surplus will go to a token buy back program

Technical Info

Technical details:  The initial coin offering contract is written with a few important key values: Fixed gas price Hard limit on available Karmo tokens. Karmo tokens can not be minted after ICO. The fixed gas price (“FGP”) is to prevent unfair transactions. There will be no whitelisted accounts, and all transactions with a gas price below or above the FGP will be rejected. The source code:  The code is fully available on Github Proof of developer:  Public team

Roadmap

  • Q4 2017

  • Initial release, implementation of karmo vote contract.
  • Q1 2018

  • User frienly client to cast votes using the Karmo vote contract. Implementation of platform wallet.
  • Q2 2018

  • Initial feature set for charities, enables charities to apply for a charity wallet.
  • Q3 2018

  • Integration of the features for token holders and charities in a single application.
  • Read More
  • Q4 2018

  • New features for charities.
  • Q1 2019

  • New features for token holders.

Materials

The Opakeco Foundation

Activity

Status:
Sr. Member
HIGH
Activity:
336
HIGH
Merit:
250
HIGH
Posts:
96
VERY LOW
Views:
8 754
HIGH
Status:
Sr. Member
HIGH
Activity:
336
HIGH
Merit:
250
HIGH
Posts:
259
MEDIUM
Views:
11 607
VERY HIGH
Users:
129
MEDIUM
Posts:
19
VERY LOW
Followers:
448
VERY LOW
Likes:
425
VERY LOW
Rating:
5
VERY HIGH
Reviews:
13
LOW
Followers:
339
VERY LOW
Tweets:
84
LOW
Alexa
Rank:
12 134 447
VERY LOW
Delta:
761 698

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Iskander Mos
CCO
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Koen Basten
Advisor
unverified
Bart den Hertog
Advisor
unverified

Last News

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