Own is delighted to announce to have partnered with DustAid to enable donations on our platform. For the first time, users of Own’s end-to-end platform for the tokenisation of equity will be able to donate fiat to DustAid in a variety of ways, thus enjoying full transparency while making a real difference to charitable projects.
Initial functionality is planned to launch at the end of April where users will be given an option to round up transactions or to reinvest accrued dividends. In addition, equity issuers on the Own platform will be able to donate a certain percentage of their capital raise, with all donations being tracked in the tax module. The beneficiary of all initial donations being the Little Edi Foundation’s Shoebox appeal that aims to positively impact the lives of orphans in Romania.
The integration with Own brings in a new era of transparency in the charitable sector and reaffirms the commitment by Own to deliver beyond the requirement for corporate and social responsibility. The decision to support DustAid reflects the shared values of both Own and DustAid to use Blockchain technology as a positive force for change.
DustAid, a non-profit organisation are pioneers in charitable donation transparency and are working toward utilising revolutionary blockchain technology with the sole aim of helping small charities and their beneficiaries. The DustAid official launch is scheduled for April 4th in London and is expected to be attended by representatives from government and industry bodies as well as the charity sector.
DustAid do not take fees and ensure that 100% of all fiat and cryptocurrency donations collected are passed onto the charities, with full visibility on the platform which are immediately allocated to order the project milestones. DustAid also aims to collect all the unused cryptocurrency dust from wallets and exchanges and turn it into further donations.
DustAid will continue to seek high calibre partnerships, such as Own, with whom together they can positively impact the lives of those less fortunate.