How does the platform works?
Last updated
Last updated
Karma Foundation is responsible for conducting compliance checks and onboarding charitable foundations worldwide. Once a foundation passes the compliance process, holders of the DAO will participate in a voting process to approve the foundation’s inclusion on the platform.
Upon approval, a dedicated place will be created, allowing users to directly transfer tokens to the chosen foundation without any intermediaries involved. The platform operates with complete transparency and efficiency, ensuring that donations reach their intended recipients without any hidden fees or charges for using the service.
This approach ensures that all interactions are seamless, secure, and trustless, promoting greater engagement and trust within the community.