Opakeco Foundation (KARMO)

Bringing Transparency and Accountability to Humanitarian Causes

Review Score
2.12/5
ICO Price
0.0117 USD
Pre ICO Price
N/A
Soft Cap
10,000 ETH
Hard Cap
100,000 ETH
Start Date
21 September 2017
End Date
28 September 2017

What is 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.

Information displayed on CoinCheckup can be updated by the respective ICOs and/or Crypto representatives and does not present the opinion of CoinCheckup.com and/or the CoinCheckup team.

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.