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XDNA FOUNDATION charity rules of operation

The XDNA Foundation charity operates according to these Rules.

All the participants of XDNA Foundation must study these rules and accept them.

The participants of XDNA Foundation are:

  • persons who require charity help;
  • persons who would like to provide assistance to those in need of charity help;
  • persons who would like to provide help to those in need;
  • volunteers who would like to regularly participate in the operation of XDNA Foundation by providing help or by fact-checking;
  • organizations that seek charity help;
  • organizations that would like to receive charity help;
  • any other persons that in either way partake in the operation of XDNA Foundation.

The Participants must register on the Foundation website https://foundation.xdna.io and confirm their email addresses.

In order to be able to publish applications, users need to pass a verification procedure and provide additional information about themselves and (or) about the organization that they represent:

  • full name;
  • photos of ID confirming documents;
  • e-mail address;
  • phone number;

All information is mandatory.

At your request, your contact information can be placed in the public domain.

In addition, if you are a representative of a charity and plan to organize fundraising with the help of XDNA Foundation, please provide additional information:

  • the name of the organization you represent;
  • documents of the organization;
  • website link;
  • any other useful information;

We do not share your information with third parties and strictly follow our privacy policy.

After successful verification, a Participant can fill in an application for charity help.

The following data are required:

  • application title;
  • details of the application;
  • photos and (or) documents’ scans;
  • required amount in XDNA/USD/EUR
  • time limit for fundraising (if necessary)
  • any other useful information;

When filing an application, you should remember that excessive amount of provided materials (photos, etc) lengthens the review of your application and can therefore have a negative impact on fundraising.

Every application is subjected for pre-moderation.

In case an application passes pre-moderation, it is published on the website in the "current projects" section.

Every active application is assigned a unique XDNA address. The XDNA Foundation makes a transfer of 40-60% (usually) from the required funds from its reserve.

When the needed amount of funds is collected, the application is closed and moved to the "finished projects" section.

The collected XDNA coins are used to provide assistance by one of the following ways:

  • by a transfer of XDNA to the wallet of the recipient;
  • by a private key transfer to the recipient;
  • by giving a paper wallet to the recipient;
  • by selling of XDNA on an exchange, followed by the purchase of the required medications, equipment, clothing, etc, and giving this to the recipient;
  • by other means;

After the help is provided, a participant of XDNA Foundation (the recipient, a volunteer, a representative of an organization, or another person who took part in the application - determined by a mutual agreement involving the Foundation’s administration) must use the report form to provide scans of trade cheques and/or other financial documents (paid receipts for medical assistance, etc).

After the help is provided, a participant of XDNA Foundation (the recipient of help, a volunteer, a representative of an organization, or another person who took part in the application - determined by a mutual agreement involving the Foundation’s administration) must report in the comments to the application the preliminary information on the status of the recipient, the progress in solving his problems and publish other news regarding the application..

In case some application did not collect the required amount of funds, it can be closed by the decision of XDNA Foundation administration. All XDNA coins provided by the XDNA Foundation will be returned to its wallet, while the coins of the community donors will be transferred to support other applications.

You can find additional information about the operation of the Foundation in the "about" and “faq” sections.