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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Aki4real on July 25, 2017, 09:05:29 PM



Title: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 25, 2017, 09:05:29 PM


https://i.imgur.com/qbrSq0c.png (https://www.opakeco.org/)

Slack (https://www.opakeco.org/join-slack) | Whitepaper (http://www.opakeco.org/whitepaper.pdf) | Website  (http://www.opakeco.org)| Github (http://www.github.com/opakeco)| Blog  (https://medium.com/@opakeco_27326)| Twitter  (http://www.twitter.com/opakeco)| Reddit (http://www.reddit.com/r/Opakeco/)
 
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 have 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 possibility to issue tokens, the Opakeco Foundation finally
has a way to make our vision a reality.



https://i.imgur.com/WgxiD2l.png (https://youtu.be/SSqFx0CEpgA)


Summary

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, we decide what decisions to take; together, we steer the foundation; and together,
we will help humanity.

The Opakeco Foundation wants to emphasize that token holders decide.
Decisions within opakeco 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 even 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 transparent according to the metrics the Opakeco Foundation uses.

Our goal is to have charities use our tokens to buy food,
medical supplies and other necessities -- this can range from building water wells
and houses to providing solar-powered lights -- that can help their cause.

Token holders will be able to send tokens to well-doers and charities through the Opakeco platform.
So 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 to become more transparent
and give them an Opakeco rating according to the measures they have taken to be transparent.

This organization 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 our income and expenses.

Key Features

New standard in communication with humanitarian causes
Vote with tokens to decide on tactical and strategic decisions
Send aid to humanitarian causes using tokens
Built-in killswitch contract, refunds ETH if voting threshold is met
Founder tokens locked for 5 years
Token Buy back program with 40% of positive equity in Q4
Quality mark for humanitarian causes


Roadmap

https://i.imgur.com/68LhJDL.png


Contribution Period

Start Time: 21-09-2017
Duration: One week
Target: 10.000 ETH
Hard Cap: 100.000 ETH



Token distribution

The Opakeco Foundation wants to a fair and wide distribution of tokens, the following steps have been taken to achieve this:

Fixed gas price

(transactions above or below this gas price will be rejected)
No whitelisted addresses
No 3rd-party allocations
No bonus structure


https://i.imgur.com/yV1M30k.png

* Founder tokens will be locked in publicly disclosed wallets, They will be released gradually, at a rate of 5% per 3 months. Effectively meaning founder tokens will be fully released after 5 years.



Team

https://i.imgur.com/eBh3qa5.png
Chief Technology Officer
Jackie Xu
https://www.linkedin.com/in/mrxuj/ (https://www.linkedin.com/in/mrxuj/)
computer scientist and entrepreneur with a love for new technology and charity

https://i.imgur.com/P6rmNba.png
Chief Executive Officer
Akash Parmesar
https://www.linkedin.com/in/akashparmesar/ (https://www.linkedin.com/in/akashparmesar/)
visionary entrepreneur with a passion for cryptocurrency and humanitarian causes

https://i.imgur.com/XiR171k.jpg
Chief Information Officer
Rene Ammerlaan
https://www.linkedin.com/in/rene-ammerlaan/ (https://www.linkedin.com/in/rene-ammerlaan/)
communications expert with a passion for cryptocurrency and cybersecurity

https://i.imgur.com/IphPhyR.jpg
Chief Marketing Officer
Akis Karamanlis
https://www.linkedin.com/in/akiskaramanlis/ (https://www.linkedin.com/in/akiskaramanlis/)
creative innovator with a passion for charities

https://i.imgur.com/CuA4gzi.jpg
Chief Creative Officer
Iskander Mos
https://www.linkedin.com/in/iskander-mos-35b92257/ (https://www.linkedin.com/in/iskander-mos-35b92257/)
gifted storyteller with a passion for new technologies


Advisors

Bart den Hertog
Marketing and Business Development
https://www.linkedin.com/in/bartdhertog/ (https://www.linkedin.com/in/bartdhertog/)

Koen Basten
Software Engineering
https://github.com/kbasten/ (https://github.com/kbasten/)

Niko van Meurs
UX, Design and Software Engineering
https://www.linkedin.com/in/nikovanmeurs/ (https://www.linkedin.com/in/nikovanmeurs/)

Finn Boonman
Marketing
https://www.linkedin.com/in/finnboonman/ (https://www.linkedin.com/in/finnboonman/)


The Catch

Honestly, there is no “catch”.  
The team behind Opakeco will do its hardest to set a leading example for the community.
We care about the project and we want it to succeed, to emphasize this our CTO and CIO will work the first quarter without a salary!

We want to prove to you that our interests are aligned with our mission.
The total amount of ETH is released gradually with the approval of token holders.
We are all willing to put our reputation on the line for this project, as the Opakeco Foundation will be as transparent as any organization can be.

The Opakeco Foundation will add constant value to the tokens
with our buy back program and adding features/functionalities,
but we’d rather see a gradual incline of the value than a “moon” type of launch.

 We will pour our heart and soul in this project, what about you?
Can the Opakeco Foundation count you in?


Disclaimer:
This ANN is not for US residents and those of Hong Kong,
You can’t participate in the ICO if you are either a Hong Kong or U.S. citizen or permanent resident of the United States,
or have a primary residence or domicile in the United States, including Puerto Rico, the U.S.
Virgin Islands, and any other territories of the United States.



Only the following accounts will make official statements about The Opakeco Foundation

Opakeco: Opakeco
Akash: Aki4real
Jackie: ojackie
Rene: ren-e
Akis: AkissikA
Iskander: Jestersdream


Bounties:

Bug Bounty
Up to 1.000.000 Karmo (roughly 33 ETH worth) for a severe bug
Up to 300.000 Karmo (roughly 10 ETH worth) for an interesting bug
30.000 Karmo (roughly 1 ETH worth) for a small bug

Contracts: Github (http://www.github.com/opakeco)

Translation Bounty
13.000 Karmo (roughly 0.5 ETH worth) for a translation


Spanish translation done by freemind1: https://bitcointalk.org/index.php?topic=2050351.0
German translation done by haxxlega: https://bitcointalk.org/index.php?topic=2067413.0
Hindi translation done by erikalui: https://bitcointalk.org/index.php?topic=2069586.new#new
Italian translation done by cryptotum88: https://bitcointalk.org/index.php?topic=2069688.0
Russian translation done by awallon: https://bitcointalk.org/index.php?topic=2069785.0
Korean translation done by solidliquid: https://bitcointalk.org/index.php?topic=2085604.0
Vietnamese translation done by boyprodn: https://bitcoingarden.org/forum/index.php?topic=17612
French translation done by elkmar: https://bitcointalk.org/index.php?topic=2073572.new#new
Indonesian translation done by erickvand: https://bitcointalk.org/index.php?topic=2120082.0




Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ojackie on July 25, 2017, 09:23:40 PM
Dropping in to say hi as long-time passive lurker, forced into the open.

As a small non-technical addendum to the opening post: the Opakeco foundation is a registered non-profit in the Netherlands. We are required by law to submit all our finances, including any sort of value we possess, be it crypto or otherwise.
At the moment, we are hard at work to get all the technical bits up-and-running, verified and validated, so do stay tuned. In the mean time, any question is welcome.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Arpetuos on July 25, 2017, 09:43:42 PM
Hi,

It's interesting to finally decide where charity money goes. This is a humanistic and existentialist project.
I would love to give you my help by translating this thread in French.
PM me if you're interested in translation bounties.

Regards


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: me1507 on July 25, 2017, 09:50:38 PM
Quote
Our goal is to have charities use our tokens to buy food,
medical supplies and other necessities -- this can range from building water wells
and houses to providing solar-powered lights -- that can help their cause.

So this token is for charity, if i don't wrong to understand.
In which country you will focused your charity ?
And i don't get any information on your website, just a simple word : opakeco
the human foundation


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 25, 2017, 09:54:49 PM
Code:
Our goal is to have charities use our tokens to buy food, 
medical supplies and other necessities -- this can range from building water wells
and houses to providing solar-powered lights -- that can help their cause.

So this token is for charity, if i don't wrong to understand.
In which country you will focused your charity ?
And i don't get any information on your website, just a simple word : opakeco
the human foundation

Hi!
Thanks for your interest in our foundation.
The website will be up and running later today.

To answer your question, we will leave it up to our token holders to decide which strategic goals to pursue.
We have our own relations within the charity sector, but they are diverse.. from Kenya to India.
So we don't have a specific country or project we focus on, we want to change the sector as a whole.

If you have any other questions let me know, I'll be happy to answer them.

*edit: Also we don't only focus on charity, we are aiming at all humanitarian causes.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: l10no on July 25, 2017, 09:56:20 PM
This is a very interesting project, I want to translate it to japanese language if it is permitted. But I am interested to also invest in this project, is there a pre-sale price for this project? What will I get if I buy 1 ETH?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 25, 2017, 09:58:37 PM
This is a very interesting project, I want to translate it to japanese language if it is permitted. But I am interested to also invest in this project, is there a pre-sale price for this project? What will I get if I buy 1 ETH?

Hi!
Really good to hear that you're interested!

We will pick up translations and corresponding bounties tommorow.
To contribute to our ICO, more details will follow on the website. But you will get 26.000 Karmo tokens for 1 ETH.

If you have any more questions, I'd be happy to hear from you.



Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ojackie on July 25, 2017, 10:03:17 PM
Code:
Our goal is to have charities use our tokens to buy food, 
medical supplies and other necessities -- this can range from building water wells
and houses to providing solar-powered lights -- that can help their cause.

So this token is for charity, if i don't wrong to understand.
In which country you will focused your charity ?
And i don't get any information on your website, just a simple word : opakeco
the human foundation

Site's just a placeholder for now -- the more expansive version should be up within a day at most.

Your question regarding which country/countries the charity itself is focused on is both easy and hard to answer: none.
These decisions reside on a strategic level, and these decisions are made by including everyone within the foundation and the community surrounding it.

I know quite a few Dutch humanitarian charities -- PAZHolandesa, for example, is a charity that focuses on Peruvian children with cleft lip/palate. A subject that hits close to home for me, because I grew up with family members with cleft lip, and know the struggle that surrounds it -- that are dear to me. Therefore I would want to put them up for consideration. Someone else in the community might know a different charity that is quite dear to them, and one that gathers more support and sympathy from everyone within Opakeco. In this case we would decide to help the latter.

So to clarify, the only real focus Opakeco has, is to better the people around us that don't have it as well as a large part of the world. That is a large segment, yes. For this we have everyone gathering together to decide and help.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: danturner34776 on July 25, 2017, 10:09:26 PM
Any bounties?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 25, 2017, 10:11:53 PM
Any bounties?
Yeah, will elaborate on it tomorrow.
We will have a bug bounty and a bounty for translations


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: l10no on July 25, 2017, 10:14:00 PM
This is a very interesting project, I want to translate it to japanese language if it is permitted. But I am interested to also invest in this project, is there a pre-sale price for this project? What will I get if I buy 1 ETH?

Hi!
Really good to hear that you're interested!

We will pick up translations and corresponding bounties tommorow.
To contribute to our ICO, more details will follow on the website. But you will get 26.000 Karmo tokens for 1 ETH.

If you have any more questions, I'd be happy to hear from you.


how much actually a pre-sale price dev? I like to go with 1 or 2 ETH for pre-sale price, and what first exchange actually this token will go. please pm me for it dev I really interested to do a small invest


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 25, 2017, 10:28:08 PM
This is a very interesting project, I want to translate it to japanese language if it is permitted. But I am interested to also invest in this project, is there a pre-sale price for this project? What will I get if I buy 1 ETH?

Hi!
Really good to hear that you're interested!

We will pick up translations and corresponding bounties tommorow.
To contribute to our ICO, more details will follow on the website. But you will get 26.000 Karmo tokens for 1 ETH.

If you have any more questions, I'd be happy to hear from you.


how much actually a pre-sale price dev? I like to go with 1 or 2 ETH for pre-sale price, and what first exchange actually this token will go. please pm me for it dev I really interested to do a small invest

Hello!

I just PM'd you, unfortunately no pre-ico sales. We hope to see you contributing during our ICO though! :D


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on July 26, 2017, 05:47:44 AM
Here another passive reader at the forum now switched to active. Enjoyed reading some of the discussions here, but sometimes a bit difficult reading through all the lambos and moon images.

Nearly all the projects here are only in for the financial benefit and with Opakeco we also hope to turn this around. I hope you enjoy our project and please let me know if you have any questions.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Grant Hero on July 26, 2017, 06:00:33 AM
Out of curiosity, what is this restricted from US residents?  Is this because you are concerned about your token being classified as a security by the SEC?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ojackie on July 26, 2017, 06:50:04 AM
Out of curiosity, what is this restricted from US residents?  Is this because you are concerned about your token being classified as a security by the SEC?


Interesting question! This is correct, even though the Opakeco foundation has no legal way to have securities. In the Netherlands, a non-profit foundation has no form of securities; it is only run by board members and a chairman. However, the Opakeco Foundation has a somewhat interesting extra, that has no officially legal foothold: the tokens issued by the foundation can be used to vote for decisions that have legal repercussions. Effectively, this means that -- as long as the board of Opakeco performs its duties according to the democratic votes -- a token is akin to a share.

In the eyes of the SEC, the foundation is then a legal entity that is in a way selling securities without being registered with the SEC.

The ways to circumvent this would be to either
  • qualify for the exemptions listed under rules 504 (https://www.sec.gov/fast-answers/answers-rule504.html), 505 (https://www.sec.gov/fast-answers/answers-rule505htm.html) or 506 (https://www.sec.gov/fast-answers/answers-rule506htm.html) of Regulation D and apply with the SEC; or
  • perform a check to see whether anyone that is a US resident meets any of the SEC requirements of an accredited investor.

Unfortunately the foundation qualifies for none of the exemptions mentioned above, nor is it feasible (from both legal and decentralized standpoints) to perform the check.
Hopefully this clarifies our standpoint.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: malspils on July 26, 2017, 07:10:50 AM
Hi,

When a Tsunami/earthquake strikes, will it be possible to create a fund (or whatever you call it) so these people get our help ASAP?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 26, 2017, 07:45:25 AM
Hi,

When a Tsunami/earthquake strikes, will it be possible to create a fund (or whatever you call it) so these people get our help ASAP?

Hello!

Interesting question!
There are several options to help people in immediate distress situations like you're describing.

1. With our platform you will be able to send aid with karmo tokens, through the humanitarian causes that are working with the Opakeco Foundation.
You will have full insight in what resources will be aqcuired with your tokens.

2. As a token holder, you can initiate a proposal which can be voted upon. (Example: Would like the foundation to focus resources on Tsunami at country X)

3. You will be able to set up a project/crowdfund Karmo tokens with other token holders.

The Foundation will focus on making sure everything is transparent and accountable, however we do not choose for what humanitarian cause the resources are spent.
You as a token holder will decide that.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: abonarea on July 26, 2017, 07:59:41 AM
The intro video is looking cool and let good impression on me. This is first thing I like and second the diversity of team members which has different members belonging to different parts/origin of the world. I need to dig more before saying something that's why will keep reading about the project to reach at exact point.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: bitcircle on July 26, 2017, 08:00:01 AM
Official website has no content there it seems that is under construction when it will be update with relevant material and team profile. Video presentation looking interesting and I think this is nice concept. Looking forward to hear some news about that.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 26, 2017, 08:20:32 AM
The intro video is looking cool and let good impression on me. This is first thing I like and second the diversity of team members which has different members belonging to different parts/origin of the world. I need to dig more before saying something that's why will keep reading about the project to reach at exact point.

Good to hear our video let a good impression behind!
We are indeed a very diverse team, both in origin and skills :)

If there are any questions, just let us know.



Official website has no content there it seems that is under construction when it will be update with relevant material and team profile. Video presentation looking interesting and I think this is nice concept. Looking forward to hear some news about that.

Yes, it currently is a placeholder. We will update the website later today.
Nice to hear you like the our concept.

If you think there we need to have more relevant material apart for the whitepaper on the website by then, we welcome your feedback.
And ofcourse, if you have questions please let us know.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 26, 2017, 11:13:21 PM
Ann:Our website is up, we will add more information in the following days


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: kaneki007 on July 27, 2017, 02:20:47 AM
can i reserve for indonesian translation?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 27, 2017, 07:33:50 AM
can i reserve for indonesian translation?

You can PM me for translations and bounties


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: AkissikA on July 27, 2017, 01:52:00 PM
Hey there, my name is Akis one of the co-founders of Opakeco. I am very happy to see that people are having a positive reaction to our plans and that the community is already offering help in different ways. The website is now online so check it out @ www.opakeco.org if you want more information. The Opakeco team will be doing its best to answer any questions on al the different channels we are active in. Anyone having questions regarding marketing or press can contact me directly @ team@opakeco.com


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Cherry.W on July 27, 2017, 02:04:16 PM

It's one of those great, very detailed, and well-planned projects, hopefully to be the latest breakthrough project, the best innovative I've ever met, good luck and excellent run


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 27, 2017, 02:13:41 PM

It's one of those great, very detailed, and well-planned projects, hopefully to be the latest breakthrough project, the best innovative I've ever met, good luck and excellent run


Thanks Cherry.W, if you've got any questions I'll be happy to answer them!


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: gomei on July 27, 2017, 03:04:32 PM

An interesting project with such a small cap, the hard cap is only 10,000ETH since the ETH is much cheaper now. And the team is very confident for the project, the team tokens will be locked for 5 years, much longer than other projects, I will keep an eye on this project.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: yillusion on July 27, 2017, 03:47:15 PM
i see much slogan and brainwash-like in this ANN, i don't like this, for only who have no action will focus on words, even so, i will keep an eye on it to see if you have done something more than words


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: haxllega on July 27, 2017, 03:49:40 PM
do you ned german translation?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 27, 2017, 04:03:02 PM

An interesting project with such a small cap, the hard cap is only 10,000ETH since the ETH is much cheaper now. And the team is very confident for the project, the team tokens will be locked for 5 years, much longer than other projects, I will keep an eye on this project.

Thanks! Nice to hear you find it interesting!
The team tokens will be locked for 5 years indeed, with 5% being released per Q.

If you have any other questions, I'd love to answer them!


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 27, 2017, 04:06:38 PM
i see much slogan and brainwash-like in this ANN, i don't like this, for only who have no action will focus on words, even so, i will keep an eye on it to see if you have done something more than words

Hello! Could you please elaborate on what you think is 'brainwash-like'?
Please DO keep an eye on us! We will certainly put out words into action :).

If you have any questions, or if I can help you get more confident about our genuine intentions. Let us know, I'll gladly answer you.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 27, 2017, 04:48:18 PM
do you ned german translation?

Hi!
Yeah, you can PM me for details


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: IronMan1956 on July 27, 2017, 04:50:48 PM
Very interesting project! I like the video you've made.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 27, 2017, 05:56:00 PM
Very interesting project! I like the video you've made.

Thanks! I hope you read the whitepaper and if you have any other questions let me know.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: gomei on July 28, 2017, 12:55:02 PM

An interesting project with such a small cap, the hard cap is only 10,000ETH since the ETH is much cheaper now. And the team is very confident for the project, the team tokens will be locked for 5 years, much longer than other projects, I will keep an eye on this project.

Thanks! Nice to hear you find it interesting!
The team tokens will be locked for 5 years indeed, with 5% being released per Q.

If you have any other questions, I'd love to answer them!

Though there is a small cap, I want to know if there is any escrow for the raised fund since many investors want to see the the funds be kept safely.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ojackie on July 28, 2017, 09:12:41 PM

An interesting project with such a small cap, the hard cap is only 10,000ETH since the ETH is much cheaper now. And the team is very confident for the project, the team tokens will be locked for 5 years, much longer than other projects, I will keep an eye on this project.

Thanks! Nice to hear you find it interesting!
The team tokens will be locked for 5 years indeed, with 5% being released per Q.

If you have any other questions, I'd love to answer them!

Though there is a small cap, I want to know if there is any escrow for the raised fund since many investors want to see the the funds be kept safely.

Great point! And not just investors want to have the funds kept securely, we do as well! After we finish up on the contracts (and deploy them on the network), anyone will be able to verify what I am about to say. Or, if we did it wrong, debunk it, in which case we would require a redo of the affected contract(s).

The smart contracts for asset management work by storing Ether (these are the funds sent in to exchange for Karmo tokens) sent from the ICO contract. The ICO contract transfers this to a contract wallet that is called every quarter to release a set amount of funds to the Opakeco Ether wallet address. Only when Ether arrives in this wallet, will it be usable by the Opakeco foundation. Alongside this, there is a mechanism that does a refund of all remaining Ether to the contributors in the case there is a vote to stop Opakeco using a kill switch contract.

With regards to the security of the specific wallet address, I refer you to my colleague, René (ren-e), as I know how much he enjoys explaining the layers of physical and information security surrounding the usage of our funds.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on July 29, 2017, 07:04:59 AM
It's quite extensive, but to summarise what we’ve done for the wallet security is creating a dedicated computer for the wallet. This computer is installed using an automated process, which has been documented and reviewed. The installation will verify all required files, so we are certain the installation is clean. This computer has been secured with a firewall, full disk encryption, multi factor authentication and the BIOS has been locked down. But don’t get me wrong there is absolutely nothing on this computer that gives you access to the wallets. All secrets have been generated in memory, so they were never stored on this computer. The wallets have been stored on three USB devices, which also contain multiple layers of security. The USB devices, computer and secrets are all stored separately in a vault.

We’re not stopping there, because the process also needed attention. At least two members from Opakeco are required in operating the wallets. Before we can use the wallet we must verify whether the computer, Ethereum client or USB devices needs to be updated. All the required commands for the transaction are prepared and reviewed before execution. The synchronisation with the blockchain and the transaction itself is done separately. When the transaction has been made the secrets, USB device and computer device will be locked away in the vault.

Hope this gives you an idea how it's setup.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: gomei on July 29, 2017, 10:31:00 AM
It's quite extensive, but to summarise what we’ve done for the wallet security is creating a dedicated computer for the wallet. This computer is installed using an automated process, which has been documented and reviewed. The installation will verify all required files, so we are certain the installation is clean. This computer has been secured with a firewall, full disk encryption, multi factor authentication and the BIOS has been locked down. But don’t get me wrong there is absolutely nothing on this computer that gives you access to the wallets. All secrets have been generated in memory, so they were never stored on this computer. The wallets have been stored on three USB devices, which also contain multiple layers of security. The USB devices, computer and secrets are all stored separately in a vault.

We’re not stopping there, because the process also needed attention. At least two members from Opakeco are required in operating the wallets. Before we can use the wallet we must verify whether the computer, Ethereum client or USB devices needs to be updated. All the required commands for the transaction are prepared and reviewed before execution. The synchronisation with the blockchain and the transaction itself is done separately. When the transaction has been made the secrets, USB device and computer device will be locked away in the vault.

Hope this gives you an idea how it's setup.
hello, ojackie and ren-e, thank you for answering my quesiton. That is very cool, I think you have tried your best to keep the funds safe and it is enough in my opinion.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: haxllega on July 29, 2017, 12:03:54 PM
Do you need German Translation?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 29, 2017, 07:40:43 PM
Do you need German Translation?

Hi! Yeah, you can do the german translation and moderate the topic for 13k Karmo tokens(worth about 0,5eth)

If you have any questions pm me :)!


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on July 30, 2017, 07:15:54 PM
Good news!!!

Our ICO will launch at 08-08-2017!

We will publish our github on 02-08-2017. We are looking forward to audits according to our bug bounty program!

More news to follow coming days.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Haslett5236 on August 01, 2017, 08:36:36 PM
hello , i have received your message and i am willing to help the chinese translation work,

 :)


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on August 02, 2017, 10:10:53 AM
Update:
We are opening our public slack tomorrow, come and discuss our plans and whitepaper with us!

www.github.com/opakeco is being updated as we speak.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: steamon on August 03, 2017, 09:22:44 AM
Looks like what we are planning with www.tribetoken.org I appreciate trying something similar. Helping the world is a good thing.

Looking on your original ANN thread date and starting date of the ICO. Are you not rushing the ICO start? I feel you should at least do a bounty campaign for at least 2 weeks before starting the ICO and did you do any advertising? There are new ICOS every day. I don't wanna be too negative but our ICO did not really collect a lot of ETH in the terms of doing something for charity.

Also, I can't find a working demo yet of your platform/product?

I am open for talking if you open up a slack.

EDIT:

Best of luck with your ICO.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on August 03, 2017, 02:25:24 PM
Looking on your original ANN thread date and starting date of the ICO. Are you not rushing the ICO start? I feel you should at least do a bounty campaign for at least 2 weeks before starting the ICO and did you do any advertising? There are new ICOS every day. I don't wanna be too negative but our ICO did not really collect a lot of ETH in the terms of doing something for charity.

Also, I can't find a working demo yet of your platform/product?

I am open for talking if you open up a slack.

Hi! Thanks for reaching out to us!
Helping the world to become a better place is a central theme in both projects, I hope yours will be succesful as well. Maybe at the end there will be a huge influx of last-minute investors.

We truly believe there is a place within the crypto-ecosystem for a charity/humanitarian based platform.

Our marketing is being expanded as we speak, we've been featured on www.the-blockchain.com and are working together with icocountdown.com.
Also there are several partnership negotiations going on.

Our ICO date is ambitious and we will re-evaluate if we don't generate enough publicity.
Our slack will open later today and our Github has been updated with the latest contracts, take a look at github.com/opakeco.

We always welcome feedback, after all.. we want to make the world a better place!


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on August 04, 2017, 06:47:21 PM
Update:
We've opened up our slack and you can now join us using the following link https://www.opakeco.org/join-slack (https://www.opakeco.org/join-slack) .

Hope to see you there!


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: haxllega on August 04, 2017, 11:09:01 PM
reserving german translation


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Awallon on August 06, 2017, 09:51:06 AM
Got a message.I would like to make ANN Russian Translation.Let me know if I am accepted.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on August 06, 2017, 12:08:46 PM
Got a message.I would like to make ANN Russian Translation.Let me know if I am accepted.

Yes, please go ahead! PM me if you got any questions :).


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Elkmar on August 06, 2017, 02:04:16 PM
Hello, I'm interested in the french translation  :)


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: SolidLiquid on August 06, 2017, 03:02:33 PM
Seems very nice and well-planned project :)

Reserving Korean translation for the ANN Thread.

and special Thanks to René


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: boyprodn on August 06, 2017, 03:36:01 PM
reserved translation to Vietnamese sir.
My previous work: https://bitcoingarden.org/forum/index.php?topic=17454.0
https://bitcoingarden.org/forum/index.php?topic=17332.0
https://bitcoingarden.org/forum/index.php?topic=17235.0
https://bitcoingarden.org/forum/index.php?topic=17309.0


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: cryptotum88 on August 06, 2017, 03:54:48 PM
Got the message, I will help with italian translation.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on August 06, 2017, 04:07:24 PM
All good, please go ahead :) PM me if you have any questions.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: erikalui on August 06, 2017, 04:27:24 PM
Hindi ANN: https://bitcointalk.org/index.php?topic=2069586.new#new


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ICOBank on August 06, 2017, 04:31:05 PM
How can i take part in the ICO?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on August 06, 2017, 04:38:57 PM
How can i take part in the ICO?

Watch our official website https://www.opakeco.org for the coming period, currently the contribution page is not available. As soon as we are certain about the start date we will make this page available with all the required information. We will also announce it in this topic.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Awallon on August 06, 2017, 08:01:08 PM
Russian ANN: https://bitcointalk.org/index.php?topic=2069785.0


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on August 07, 2017, 08:53:16 AM
We would like to update you regarding our ICO.
We have postponed it to 01-09-2017, because we want more public auditing of our contracts at github.com/opakeco.

We're gaining traction since we we're featured on the-blockchain.com.
Also we are in talks with several (large) organizations, regarding partnerships.

We would to like announce all these things before an ICO.

If you have any questions, let us know here and/or join our slack.




Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: NewbCoins on August 13, 2017, 06:10:25 AM
i like idea but im not like execution. why direct democracy for all project? just make leaders and if they bad people vote them out.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: SolidLiquid on August 13, 2017, 03:45:39 PM
Korean Translation of your ANN Thread is here :
https://bitcointalk.org/index.php?topic=2085604.0


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on August 13, 2017, 04:10:55 PM
i like idea but im not like execution. why direct democracy for all project? just make leaders and if they bad people vote them out.

That would have been possible, but we've chosen to let the community steer the foundation. This way our focus is always on target and the voices from the community are heard.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: carlisle1 on August 13, 2017, 04:16:21 PM
i like idea but im not like execution. why direct democracy for all project? just make leaders and if they bad people vote them out.

That would have been possible, but we've chosen to let the community steer the foundation. This way our focus is always on target and the voices from the community are heard.
well that's good hearing out what the community wanted to improved would be the good thing that dev will bring to this project
as support will follow if satisfied investors will start to follow and support this project. I want to see more updates coming out from this
project good luck and keep it up dev.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on August 16, 2017, 12:35:11 PM
Hello everyone,
we've updated our github!

Start hunting for bugs at www.github.com/opakeco.

And there is a new blog post here:
https://medium.com/@opakeco_27326/yes-we-did-it-16c31bc58e00



Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ICOHunt on August 16, 2017, 04:46:54 PM
Hi do you have linkedin/ facebook/ twitter links for your new advisor Niko?

Is KRM based on ERC-20? Not explicitly stated in your whitepaper.

What are the dates of the ICO (1st Sep ~ ?)

Tx


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Taro_Naza on August 16, 2017, 04:53:33 PM
I would like to reserve the French translation. if you want me to do it please PM me :)


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on August 17, 2017, 06:31:24 AM
Hi do you have linkedin/ facebook/ twitter links for your new advisor Niko?

Is KRM based on ERC-20? Not explicitly stated in your whitepaper.

What are the dates of the ICO (1st Sep ~ ?)

Tx

Here is Niko his linkedin URL; https://www.linkedin.com/in/nikovanmeurs . It's indeed not explicitly written in the whitepaper, but it's based on ERC-20 and we're moving to ERC-223.

As Akash announced we're starting the ICO at the 1st of September. The exact start time hasn't been decided yet, but it should be around 17:00 GMT.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ICOHunt on August 17, 2017, 08:53:01 AM
Tx. Why are you moving to ERC-223?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on August 17, 2017, 03:46:04 PM
We are moving to ERC-223 due to the improvements made. The new standard makes it possible to do a single transaction for token deposits and reduce our gas consumption. If you're interested in all the advantages or changes you can check the github: https://github.com/Dexaran/ERC23-tokens/


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Opakeco on August 17, 2017, 09:22:19 PM
We're absolutely glad to announce our upcoming Karmo tokens can be used at the Avalon Platform.
Read our Tweet (https://twitter.com/opakeco/status/898291748081938433) for more details!


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Elkmar on August 20, 2017, 12:14:54 AM
I forgot to mention the french thread : https://bitcointalk.org/index.php?topic=2073572.new#new


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on August 21, 2017, 06:45:14 AM
Attention!!

We will start a (social) bounty thread later today and we have (substantially) increased our bug bounty rewards!!


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on August 23, 2017, 08:37:02 AM
Update!

Our social bounty program is up: https://bitcointalk.org/index.php?topic=2112854.0

We also have some major announcements the next few days ;)



Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Maykl on August 24, 2017, 08:34:28 AM
Facebook and Slack has joined the Twitter company. To the project of the successful company.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: mrongoz22 on August 25, 2017, 10:08:27 PM
Update!

Our social bounty program is up: https://bitcointalk.org/index.php?topic=2112854.0

We also have some major announcements the next few days ;)


Thanks for your update sir. This is i am waiting
I will support this project with join bounty facebook and twitter hopefull this project will be succes


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: blockchainmarketus on August 26, 2017, 06:09:32 AM
Since there are many ICOs , 20, 000 eth minimum and 100,000 eth hardcap, I think it isn't realstic.  I doubt that the project will be succesful with roadmap 2018-2019. 


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: xugzr272186 on August 27, 2017, 06:04:36 AM
reserved Chinese translation ,if you need ,Pm me ,thanks


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on August 27, 2017, 07:46:48 PM
Update!

Our new website is now live, which will allow you to contribute soon!! Checkout our site at https://www.opakeco.org/


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Bitum on August 27, 2017, 08:15:54 PM
Update!

Our new website is now live, which will allow you to contribute soon!! Checkout our site at https://www.opakeco.org/

Looks also good, but old minimalistic site I liked better) it is strictly individual) A lot of success with the project!


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Opakeco on August 30, 2017, 09:39:58 PM
Hi guys! Our co founder has made some major announcements in our blog:

https://medium.com/@opakeco_27326/the-best-way-to-find-yourself-is-to-lose-yourself-in-the-service-of-others-138d9cdc4789?source=linkShare-7bd3e0535d8c-1504128744


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: steamon on August 31, 2017, 08:37:11 PM
I wish Opakeco and their team good luck with their ICO. The crypto world do really need some charity solutions to make the world a better place. I will also keep fighting for charities in crypto. We are just at the starting line with all those new solutions showing up using blockchain. Be smart and invest into charity solutions like Opakeco it will make the world a better place and help the poor in the other countries. They could really have a helping hand those days because countries are sending less and fewer funds to 3rd world countries. Crypto solutions can bring back the help.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on August 31, 2017, 09:51:36 PM
For the ones that have been following our efforts, they'll know that we've been working hard at this project for about 2 months now, and it has been an absolute rollercoaster.

If you've ever spoken more in depth with anyone from Opakeco, you know that the Opakeco fundamentals have been brewing inside our minds for several years now.

We've put large amounts of work into getting every done in the last week months:
- getting the whitepaper to its final state;
- speaking with many charities to run pilot projects with;
- reaching out to interesting organizations for partnerships; and
- getting invited to present ourselves at the WebSummit in Lisbon.

All these things are good to go, but we do feel that we're not ready yet, and we have huge opportunities in the pipeline that haven't been properly finalized yet. We need some extra time to make everything _perfect_.

For now, we can say the ICO will start somewhere in September, but we need to plan some things out and reschedule. We will come back on this tomorrow.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: yeniruieni on September 01, 2017, 10:07:15 AM
I applaud this project because it relates to humanity. the goal of great help also embodies the transparency and accountability that is very necessary. If successful, this project will be very helpful in the field of social


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Erickvand on September 03, 2017, 02:49:55 AM
Opakeco Indonesian local thread : https://bitcointalk.org/index.php?topic=2120082.0


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on September 03, 2017, 06:48:54 AM
Opakeco Indonesian local thread : https://bitcointalk.org/index.php?topic=2120082.0

Thanks, added :)

We will announce a new advisor later today, a the director of a risk management division and head of the social/human aid division  of a billion dollar company.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: anylic on September 03, 2017, 07:48:51 AM
I don' find the wallet of the project to take part in the ICO  >:(


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on September 03, 2017, 07:51:05 AM
The address of the wallet is not known yet, but we will publish it on the website soon.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: DISCMAN on September 04, 2017, 01:25:08 PM
i just want to clarify, your ico is just 1 week duration right?  just making sure that i understood it clearly.. you just said,

Quote
Contribution Period

Start Time: 21-09-2017
Duration: One week
Target: 10.000 ETH
Hard Cap: 100.000 ETH


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on September 04, 2017, 03:14:55 PM
That is indeed correct.


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: Aki4real on September 13, 2017, 08:54:31 AM
Did you see our latest blog on cybersecurity within the ICO-system?
It got quite a lot of attention and we'll have more coming soon :)

https://blog.opakeco.org/cyber-security-cryptocurrency-startups/


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: spiderlee on September 20, 2017, 12:31:08 PM
Is this project Opakeco closed already?


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ren-e on September 23, 2017, 06:49:20 PM
Crowdsale now live, go to https://www.opakeco.org for the address!


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: ashuramaya on September 30, 2017, 02:40:00 AM
Crowdsale now live, go to https://www.opakeco.org for the address!
hello sir
how about progress?
as i can check at https://etherscan.io/address/0xa4693ed25ce167e0ac3cefcb3d5c8a844b74cc78
here's progress that i can find
Quote
ETH Balance:   5.711743451667605803 Ether
ETH USD Value:   $1,696.56 (@ $297.03/ETH)
No Of Transactions:   17 txns
hope any better progress sir


Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: perryparanoid on October 13, 2017, 02:07:35 PM
aww. I hope this wont be a lost cause  :(

(not a pun) but know what, Im actually rooting for this coin but unfortunately it didnt take off.

I hope this wont be the last for this altcoin.  will just be waiting for your comeback, I guess.



Title: Re: [ANN][ICO] Opakeco: Transparency and Accountability for Humanitarian Causes
Post by: steamon on October 24, 2017, 02:01:28 PM
My conclusion is that the crypto world is not ready for a charity coin yet. They have managed to get around the same as TribeToken. They tried their best in promoting. The point, not the promoting thing. People want fast returns. Charity in blockchain is the future. But basically its better to get a private investment out of this and release an ICO then when the platform has a proper working demo. That would be my recommendation. I am further not working on TribeToken anymore. It was everything or nothing and did not reach enough to even open an office to let everyone work on the project. I did learn a lot from that experience and I hope Opakeco does not give up and maybe can go the private investor way. Blockchain will only get hotter in 2018. Why did I not say this earlier? I didn't want to demotivate the Opakeco team.