NGO description

CryptoNGO is a project by Victor Porton's Foundation which supports financing (nonprofit) projects by means of cryptocurrency, especially by creating a new cryptocurrency for a particular project. We provide a Web site where anyone can register his projects, in order to receive cryptocurrency for his projects for free.

We attempt to hold a balance between interests of benefactors and investors.

We want to support legal persecution of violators of promises given on our site.

See legal information about Victor Porton's Foundation here.

Money usage: Benefits of CryptoNGO may be used for supporting hosting and backend infrastructure and for advertising this site (because adequate amounts of advertising may benefit both benefactors and investors).

Rules

By submitting the project you enter into legal agreement with us and the world that you will not use the money (including any cryptocurrencies) received through your smart contract listed (or which was listed) on this site for any other purposes than what you specify above.

Notwithstanding the above, you are allowed (unless forbidden by your nonprofit organization rules) to send surpluses of Ether to any charity of your choice.

We are not responsible for any money loss due software and other errors, hacker attacks, or cheaters which may operate on this site.

You agree that the project cannot be deleted from this site (only disabled).

We allow financing through our site any kinds of nonprofit projects. It is strongly recommended that all projects published at our site are nonprofit. We reserve the right to delete commercial projects.

Projects deemed not to support public good or spam our site may be deleted.

We may want to use all legal means to persecute liars which may push false promises to our site.

Anti-corporativism

The founder of this site holds anti-corporativism position. By corporativism we mean that in this world most benefits are distributed to corporations rather that to anyone including individual people. This of some kind unjust. Therefore CryptoNGO allows all kinds of projects, both personal and institutional. If a project is associated with an officially registered nonprofit organization, it is recommended to list the country of registration, organization name, and its registration number. Notwithstanding with the above, we may want to use all legal means to persecute liars which may push false promises to our site. It is strongly recommended that all projects published at our site are nonprofit however (because who would want to support others’ for-profit projects?)