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Opakeco Foundation

Bringing Transparency and Accountability to Humanitarian Causes

The Opakeco Foundation has a vision: a world where humanitarian causes are fully transparent and held accountable. It has always been theoretically possible to have full oversight of good causes. In practice, the Opakeco Foundation has learned that this is never the case. Over time, however, the feasibility of making this vision into reality has grown by leaps and bounds. With the coming of blockchain technology, digital transparency could be reached. And now with Ethereum smart contracts and the ossibility to issue tokens, the Opakeco Foundation finally has a way to make its vision a reality.

3.2
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Benchy 3.2
KYC
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Review: coming soon PRO
Ended
Token
KARMO
Price in ICO
0.0117 USD
ICO start
21st Sep 2017
ICO end
28th Sep 2017
Visit ICO website
Report
Changelly

About 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.

The Opakeco Foundation will be fully transparent and lead by example. The Opakeco Foundation will publish all internal company communication after 24 hours and token holders are able to see its income and expenses.

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