The BeKind Foundation, its mobile application and closed token exchange system (token called “DonorDollar”) collectively herein referred to as the BeKind ecosystem. The ecosystem is a closed system and architected to facilitate the exchange of DonorDollars, giving, gifting, or playing for DonorDollars, and their redemption for a donation to vetted charities by the Foundation’s gifting partner Pledge.to. At launch Donor Dollars are free and the Bekind Foundation will carry a current registry of all gifts placed by its members. In the future the BeKind Foundation will seek a substantial donation from a bank or other partner which will be used to back the token and backed by US Currency. At this point, the BeKind Foundation will convert all member donations in the registry to real dollar value and process these donations as requested by our members. All other DonorDollars in the wallets of our members will immediately be given their proportionate US Dollar value and we will convert the business model where members purchase DonorDollars from our application. At this time they will no longer be free.
Ath this time, users understand and agree that when DonorDollars are purchased monies may be registered as a donation to the BeKind Foundation, 501 (c)(3) charity. However, when DonorDollars are redeemed and a Charity is chosen and the gift is made, the user will not receive a tax deduction. The BeKind Foundation at the time of redemption will serve as the pass-through entity to retire the DonorDollars and transfer money net of fees through Pledge.to API to the charity chosen by the User. The BeKind Foundation will provide the user a record of the purchase but does not guarantee how these monies will be treated by the governing tax body and the User agrees to hold the BeKind Foundation and Pledge.to, and their officers, directors and employees and contracting entities harmless for all possible claims, demands, or causes of action associated with the purchase, gifting, playing for, exchange of DonorDollars between users. Once a DonorDollar is gifted, transferred to another user or redeemed, the gifting user will lose all rights to redeem these DonorDollars, and to whom the gift may be given to. The gifting user agrees to hold harmless the BeKind Foundation and Pledge.to and their officers, directors, employees, contractors and licensors to the BeKind Foundation for all matters related to the redemption and charities which have been chosen and donated to.
User is accessing www.bekind.global, BeKind IOS Mobile application, BeKind Android mobile application.
Users will be removed from access to the BKind ecosystem if:
It is found that they are using BeKind for any illegal activities, including by not limited to the movement of monies into a Foundation entity which has been determined as illegal. User acknowledges and agrees to abide by the rules when accessing all BeKind applications, services, and games. The terms of service is required during all times while using the BeKind applications, Web applications and Gaming applications.
BeKind Global, Inc. is the sole owner of all intellectual property licensed to the BeKind Foundation for charitable purposes. The BeKind Foundation is the sole owner of the private key technology for managing the sale and redemption of the currency.
All Users who do not wish to agree to the terms of service will not be allowed to download the applications and participate in the BeKind Foundation ecosystem.