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
Token Details
Ticker
KRM
Company Details
Registered Country
Netherlands
Additional Details
Categories
Platform, Cryptocurrency, Charity

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

The Opakeco Foundation 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.

The Opakeco Foundation Team

Verified 0%

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

Jackie Xu
CTO
unverified
Akash Parmesar
CEO
unverified
Rene Ammerlaan
CIO
unverified
Akis Karamanlis
CMO
unverified
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
Finn Boonman
Advisor
unverified
Lionel Guillou
Advisor
unverified
Bart Den Hertog
Advisor
unverified
Niko Van Meurs
Advisor
unverified

The Opakeco Foundation Last News

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