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learn:particl-foundation [2019/06/07 16:32]
allien
learn:particl-foundation [2019/06/07 18:03] (current)
allien
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 The Foundation’s purpose is promoting and developing new technologies and applications,​ especially in the fields of new open and decentralized software architectures. A dominating but not exclusive focus is set on the promotion and development of the so-called Particl Protocol and the related technologies,​ as well as the promotion and support of applications using the Particl Protocol. The Foundation’s purpose is promoting and developing new technologies and applications,​ especially in the fields of new open and decentralized software architectures. A dominating but not exclusive focus is set on the promotion and development of the so-called Particl Protocol and the related technologies,​ as well as the promotion and support of applications using the Particl Protocol.
  
-## Financial reports+The Particl Foundation also assures the full legal compliance of the project with local and US laws. 
 + 
 +## Funding & finances 
 + 
 +### Initial funding 
 + 
 +The Particl Foundation’s funds come from both a token swap (1:1 for SDC/PART) and Bitcoin donation campaign that lasted from March 17th 2017 to April 15th 2017 and raised the total sum of ~590 BTC. 
 + 
 +Particl Stiftung also has developed and implemented a self-funding mechanism on top of Particl’s proof-of-stake algorithm which rewards 10% of all block rewards to a fund controlled by the Foundation. 
 + 
 +These funds are for meant to support and promote the Particl project by hiring more developers, initiating marketing and PR campaigns, establish global partnerships,​ generate community engagement, advocate for privacy and security in society etc. 
 + 
 +### Financial reports
  
 Particl Foundation [publishes financial reports](https://​particl.foundation/​financial-reports) every quarter on its website. Particl Foundation [publishes financial reports](https://​particl.foundation/​financial-reports) every quarter on its website.
  
-## Donations+### Donations
  
 Particl Foundation set up a donation address for anybody who wants to support its mission. Particl Foundation set up a donation address for anybody who wants to support its mission.
  • learn/particl-foundation.txt
  • Last modified: 2019/06/07 18:03
  • by allien