The Electra Foundation serves to further the development and growth of Electra by being a representative body in areas of the Development, Community, Partnerships, Exchanges listings, and more!
About The Foundation
The Electra Foundation’s mission is to serve the community in three areas: Development, Community, Mass Adaption. With the creation of the Foundation, Electra now has a legal body to pursue larger partnerships, bigger exchange listings, engage with other projects, hire developers, marketers, designers, and much more. Established in the Netherlands, the Foundation is a legal body backed by Dutch Law which tends to be one of the more crypto-friendly countries.
The foundation is also a fully transparent entity and all transactions are recorded and available for public use. This means the donation funds, purchases, transactions, and the like, is all public knowledge and recorded according to Dutch Law. Currently, the foundation is managed by 3 long-time Electra community team members who have backgrounds well suited for the task of creating and establishing a first of its kind foundation for Electra.
Quick Facts About the Foundation:
- Established on October 9th, 2018
- ECA Donation Address: EYPFYiy3gkS7ENJ8zFfctMXrFdiBggh2Fc
- Official name: Stichting Electra Project
- Trade name: Electra Foundation
- Dutch Chamber of commerce number: 728 22120
- Address: Zilverenberg 36, 5234 GM ‘s-Hertogenbosch
As a foundation, we can collect donations from our community. Due to the Dutch Tax system, the foundation can receive these donations and pay 0% tax over it. So when you donate, 100% of your donation goes directly towards the good cause.