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.

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, 505 or 506 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.

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.

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.