While Scatter permits certain fundraising campaigns, any initiative primarily designed to raise funds for an individual in need or a charity requires prior approval from us.
When fundraising for a charity on Scatter, ALL proceeds must be allocated to the charity. This can be achieved either by designating a known charity-owned wallet as the alternate owner payout and locking it, or by establishing a moneypipe that includes multiple charity wallets, which can then be set as the alternate owner payout and locked. If a project is intended to benefit a charity, it must donate its entirety of funds raised. Furthermore, Scatter will reimburse any platform fees deducted from charity-oriented projects back into the charity's wallet or the project's specified moneypipe.
Without explicit permission from a charity and unless they are designated as a payout option, you are not permitted to pledge a percentage of your fundraising proceeds to a charity prior to your project's minting completion. While you are free to donate any portion of your mint proceeds to a charity post-mint, advertising such intentions beforehand is strictly prohibited.
Fundraising initiatives supporting open source projects are permitted on Scatter. However, the main maintainers of the open source project must reach out to us for verification before initiating the fundraising campaign. Additionally, the locked alternate owner payout must be assigned to the maintainers of the open source project.
If your aim is to raise funds for personal use or to assist a friend, consider creating and selling art without calling it charity. There's no need to position your project as a charity endeavor in these situations.
As a prospective purchaser from a fundraising campaign, it's your responsibility to ascertain its legitimacy. Verify the contract configuration, ensure that the alternate owner payout is assigned to a wallet controlled by the specified charity, and check whether the alternate owner payout is locked. These measures can aid in distinguishing between legitimate fundraising campaigns and potential scams.
Scatter strictly prohibits any form of fundraising that is considered illegal under US law or the regulations of your local jurisdiction.
Charity Verification Process
If you want to make a project to benefit a charity, the charity must agree to your project existing, and they must publish a wallet address (preferably a multisig that multiple people at the charity sign on) that they control on an official site of that charity.
If you have spoken with a charity and they agree with your project then have them send an e-mail to: [email protected]
Once we have talked with the charity to confirm they agree with your project existing, and they have a way of being paid, you can then deploy the project, set the owner alt payout and lock it. We will not allow minting to begin until the alt owner payout is setup properly and the charity verification is complete.
Political Campaign Fundraising
Scatter unequivocally forbids any fundraising activities aimed at unlawfully bolstering political campaigns, which would constitute a breach of campaign finance laws.
If you're reading this, it's likely because someone is interested in helping you raise funds through a specific project. Selling art as digital art collectibles (often known as NFTs) might be a viable method to generate funds, empowering you to make a positive impact in the world. However, this will necessitate some understanding of cryptocurrency.
To accept earnings from NFT art sales, you'll need to establish an account for your charity on a cryptocurrency exchange (such as Coinbase or Kraken). You can then use the Ethereum payout address provided by the exchange to receive crypto payments in Ethereum, which can later be converted to your local currency and transferred to your bank.
Should you wish to use another type of self-custody wallet, we recommend setting up a multisig wallet using https://safe.global/. In this setup, multiple individuals from your charity act as signers, thereby enhancing the security of donated funds. This system requires multiple signatories to authorize any fund movements, making it difficult for the funds to be stolen.
If you have any kinds of questions as a charity related to any of this you can ask us at any time at: [email protected]