Frequently Asked Questions

What is CryptoNGO?

CryptoNGO (or crypto4ngo) is a Web site and a set of Ethereum tokens that are associated with nonprofit projects. Everybody can create his own nonprofit token using this site. We also advertise (for free) crowdfunding projects at our site.

What is CRY token?

It is the one of the tokens created at our site, namely the token which supports the site itself and thus the entire world of nonprofits.

What is the purpose of CryptoNGO?

We want to help to finance nonprofit projects with unlimited supply of money (that is as much as they need). This way we are going to change the entire world economy, to be no more capitalism (neither communism), but a new, nonprofit-based system.

Who created CryptoNGO?
CryptoNGO tokens, site, etc. was created by Victor Porton, a mathematician and a religious writer.

What is the current status of the project?

The project is mostly mature. However, at the time of writing this, the site is in redesign, there is no search and categorization on the site.

How can I donate?

You can donate either in BitCoin or Ether or through external fundraisers linked from projects of our site. Note that donations in Ether are rewarded with our tokens (see the question about investments).

You can donate either to the site itself or to any of the other projects listed at our site.

How can I invest?

You can invest to any nonprofit project listed at our site by sending Ether (use your crypto-wallet, such as MetaMask) directly to the smart contract address (see project page, if it accepts investments).

What is the formula of price grow?

The amount of tokens sent back is: e2/(T+e) where T is the total amount of Ether received to this token before the purchase and e is the amount of Ether sent in this transaction.

So, the price grows about linearly over the time and the sales grow quadratically, don’t them? No! The number of sales also grows over time. So the sales to grow maybe as the fourth degree or maybe even exponentially or like this for some time!

What is the token kind? What are its technical features?

Our tokens are ERC-20 Ethereum smart contract. Read the whitepaper for more details.

Do I need to register?

You don’t need to register to donate/invest. You need to register to post your own project at our site.

Is the software open source?

Yes, download our crypto software from here.

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