1、What is NGOM?
NGOM is the world's first blockchain technology-based management protocol especially developed for NGOs. The protocol aims to achieve an integrated development mechanism through blockchain technology and digital capitalization, enhance the dynamism of NGOs, maximize resources sharing, promote the orderly and fast development of the NGO sector, and make concerted efforts to build a harmonious and prosperous global NGO ecosystem.
2、Why design NGOM?
As a bridge and link between the government and enterprises, NGOs can only play limited roles due to their organizational nature, role orientation, funding channels, institutional framework and other issues. In the future, NGOs should integrate decentralized organization, social operation, fund-based management, public welfare development and resource integration into one body.
3、What are the characteristics of NGOM?
- Decentralized management: Introduce a newly designed decentralized master contract which accords with the natural decentralization attributes of NGOs. Take the joint input of off-chain data and on-chain data as the triggering condition to complete the execution of the contract, and improve the management efficiency, membership adhesion and operational capacity of NGOs.
- Intelligent contract: A compliant intelligent management mechanism can efficiently supervise and guide the daily management and operation of NGOs, and issue intelligent early warnings to reduce operational risks. Meanwhile, the more open and transparent mechanism will help to expand the numbers of NGOs.
- Cross-organizational synergy: A decentralized open source collaboration platform which builds a bridge and link for communication and collaboration among different NGOs, increases the frequency of exchanges and cooperation, speeds up the circulation of NGO Token, and generates higher value premium effects.
- NGO value circulation: Each NGO can issue their own tokens and use them as the medium and exchange item for internal and cross-organizational collaboration. The tokens possess an investment attribute and can increase asset quantity and long-term asset value, thus completing interaction between NGOs and the real business world.
4、What can NGOs do in NGOM？
NGO can issue their own tokens、Internal management of NGOs、Member exchanges of NGOs、NGO event management、Mutual communication between NGOs、NGO knowledge-sharing economy.
5、On what basis is NGOM developed?
NGOM is an intelligent contract developed based on Ethereum ERC20.
6、Will NGOM issue its own token?
NGOM will issue NGOT through blockchain technology and digital capitalization, in relation to NGOs.
7、What is the difference between the NOGT and the tokens issued by NGOs?
The tokens issued by NGOs can be exchanged with NGOT according to the corresponding formula to realize the value circulation.
8、Can the tokens issued by NGOs be purchased directly at an exchange?
It is necessary to purchase the NGOT issued by NGOMs at an exchange first, and exchange for the corresponding NGO tokens with NGOT.