Where does my contribution go?
95% of your contribution goes to the charity/ NGO of your choosing.
5% of your contribution goes to Betterverse Ltd. We are a for-profit company and this revenue will go towards things like development, marketing, creative, cloud computing, payroll and other costs needed to run our business and platform. We also use this 5% to cover fees incurred by payment providers, banks and crypto/ foreign exchange platforms.
How can I trust Betterverse to properly distribute funds?
Due to the transparent nature of blockchain, our licensed charity/ NGO partners are able to easily verify exactly how much money has been given by our users and so will easily be able to flag any transfer discrepancies.
What journey does my contribution take?
Your contribution is initially held by Betterverse within our secure charity/ NGO wallets. We distribute the contributions to each organisation periodically. If our partners have their own wallets and accept crypto then we happily transfer USDC straight to them. If they're not quite ready to start accepting crypto and would prefer to stick to traditional currencies, we use a 3rd party foreign exchange platform to transfer funds to the charity/ NGO in their preferred currency.
Why does my contribution go to Betterverse before the charity/ NGO?
The world of crypto can often feel overwhelming for organisations and so we wanted to provide an easy onboarding process for all charities/ NGOs we work with regardless of if they have their own crypto wallet or not.
Are my contributions tax deductible?
Laws surrounding charities/ NGOs and charitable giving are different in every region and so giving to an organisation does not automatically mean you'll be entitled to tax deductions. We recommend you speak to an accountant within your specific region before making any assumptions.
Can I contribute with my local currency (AKA fiat)?
Yes! We've partnered with Slide to allow you to contribute in traditional currencies. Slide currently support GBP, USD, CAD and EUR but overtime they'll be rolling out additional currencies. For more info, check out slide.so
Boring legal stuff that we need to get out the way
Subject to these Terms of Service, as amended from time to time (“Terms of Service”), Betterverse Ltd provides the Betterverse platform to you through its website at www.betterverse.app and attendant mobile applications (collectively, with any new features and applications, the “Platform”) and the Betterverse Community and related services (collectively, with the Platform, including any new features and applications, the “Services”). If you are an Organizer (as defined below), Beneficiary (as defined below) to a Fundraiser (as defined below), comment contributor, or Donor (as defined below) (collectively referred to herein as a “User”)] for purposes of the following Terms of Service, “Betterverse,” “we,” “us,” “our,” and other similar terms, shall refer to the party with whom you are contracting. For the avoidance of doubt, Betterverse Ltd. may apply, and exercise our rights under, these Terms of Service on behalf of the party that you are contracting with.
ARBITRATION, JURY TRIAL, AND CLASS ACTION WAIVER: EXCEPT AS OTHERWISE DESCRIBED IN THE DISPUTES SECTION BELOW, BY USING THE SERVICES, YOU AGREE THAT DISPUTES BETWEEN YOU AND US WILL BE RESOLVED BY BINDING, INDIVIDUAL ARBITRATION AND YOU WAIVE YOUR RIGHT TO A JURY TRIAL OR TO PARTICIPATE IN A CLASS ACTION. PLEASE REVIEW THE DISPUTES SECTION CAREFULLY; BY USING THE SERVICES, YOU EXPRESSLY ACKNOWLEDGE THAT YOU HAVE READ AND UNDERSTAND ALL OF THESE TERMS OF SERVICE.
We reserve the right, at our sole discretion, to change or modify portions of these Terms of Service at any time and without notice. When we do this, we will post the revised Terms of Service on this page and will indicate the date of such revision.Your continued use of the Services after the date of any such changes constitutes your acceptance of the new Terms of Service. To the extent allowed by law, the version of these Terms of Service is binding and their translations in other languages are for convenience only; in case of discrepancies between the English version of these Terms of Service and their translations, the English version shall prevail. If you do not wish to accept the new Terms of Service, you may discontinue your use of the Services.
The Services Description
The Services are offered as a platform to allow an individual, entity or non-profit organization (the “Organizer”) to post a fundraiser (“Fundraiser”) to the Platform to accept monetary contributions (“contributions”) from donors (“Donors”) on behalf of the beneficiary of the Fundraiser (“Beneficiary”).
Please keep in mind that a transaction fee, including credit and debit charges, is deducted from each contribution (hereinafter and on the website referred to as “Transaction Fee”).
The Services are Platforms; We are not a Broker, Financial Institution, Creditor or Charity
The Services are administrative platforms only. Betterverse facilitates the Fundraiser of the Organizers and permits Donors to make contributions to these Fundraisers. Betterverse is not a broker, agent, financial institution, creditor or nonprofit corporation.All information and content provided by Betterverse relating to the Services is for informational purposes only, and Betterverse does not guarantee the accuracy, completeness, timeliness or reliability of any such information or content. No content is intended to provide financial, legal, tax or other professional advice. Before making any decisions regarding any Fundraisers, Charities (as defined below), contributions, Donors, or any information or content relating to the Services, you should consult your financial, legal, tax or other professional advisor as appropriate. You acknowledge that all information and content accessed by you using the Services is at your own risk.
Betterverse has no control over the conduct of, or any information provided by, a User and hereby disclaims all liability in this regard to the fullest extent permitted by applicable law. We do not guarantee that a Fundraiser will obtain a certain amount of contributions or any contributions at all. We do not endorse any Fundraiser, User, or cause and we make no guarantee, express or implied, that any information provided through the Services is accurate. We expressly disclaim any liability or responsibility for the outcome or success of any Fundraiser. You, as a Donor, must make the final determination as to the value and appropriateness of contributing to any User or Fundraiser.
The Platform is offered to help Organizers raise money. Betterverse merely provides the technology to allow Fundraisers to connect with Donors. The existence of the Services is not a solicitation of contributions by Betterverse, and Betterverse does not engage in any solicitation activities, or consult on the solicitation of contributions from the public, on behalf of any individual, entity, or organization. By using the Services, you understand and agree that Betterverse is not responsible for the use of your contributions or the amount of funds raised for the User or Fundraiser.
All contributions are at your own risk. When you make a contribution through the Platform, it is your responsibility to understand how your money will be used and to check the Fundraiser content regularly for any updates. We do not and cannot verify the information that Users or Fundraisers supply, nor do we represent or guarantee that the contributions will be used in accordance with any fundraising purpose prescribed by a User or Fundraiser or in accordance with applicable laws. Notwithstanding the foregoing, we take possible fraudulent activity and the misuse of funds reported to us very seriously. The term “contribution” does not mean donation. All contributions on the Betterverse platform are not tax deductible.
The Services include the features and services described here. All contributions are subject to a Transaction Fee for each contribution. Charities mentioned on the Betterverse platform may or may not be non-for-profit.
It is your responsibility to determine what, if any, taxes apply to the contributions you make through your use of the Services. It is solely your responsibility to assess, collect, report or remit the correct tax, if any, to the appropriate tax authority. Contributions on our platform are not considered charitable donations from a tax perspective.
Cookies & Privacy
What are cookies?
Cookies are tiny text files that are downloaded to your computer, to improve your experience and help us get a better picture of who our users and visitors are.
We use two types of cookies - functional and analytical. Functional cookies are needed for our website and platform to function. It is not possible to disable our functional cookies but rest assured, they do not tell us anything about who you are or where you are from. An example of a functional cookie is one that tells us if you already have an account with us or if you're a new user, so that we know whether to direct you to the "log-in" page or "create account" page. Analytical cookies are used for the goal of getting a greater idea of who our users are so that we can figure out who is using our platform and how we might need to adapt/ tailor our design and messaging. Examples of analytical cookies are ones that tell us how many times you've visited our site or which region of the world you're visiting from. These cookies are totally optional and can be rejected.
You can prevent the download of our analytical cookies by either clicking "No Thanks" on our cookie popup or alternatively by adjusting the settings on your browser (see your browser Help for how to do this). If you have any questions then please do not hesitate to get in touch - we are more than happy to answer any questions!
Third party cookies
Our donation platform uses third party functional cookies from Tangle
and Google Firebase.
For more information, go to the websites for each service provider.
Our site also uses Google Analytics which is one of the most widespread and trusted analytics solution on the web for helping us to understand how you use the site and ways that we can improve your experience. These cookies may track things such as how long you spend on the site and the pages that you visit so we can continue to produce engaging content.
For more information on Google Analytics cookies, see the official Google Analytics page.
Privacy & personal info
When you get in touch with us via our contact form, email address or if you submit to our newsletter form, we collect and securely store the information you provide. This might include your name, email or other info you give us.
We will never share your information with anyone outside of our company (Betterverse Ltd) unless we have your direct consent.
GDPR data protection
Betterverse is a UK registered company and so we follow a set of laws that come under GDPR. This stands for "The General Data Protection Regulation" and is a regulation in EU law on data protection and privacy in the European Union and the European Economic Area.
As a user/ visitor of our site, you have certain rights - we've listed these below:
The right to access:
You have the right to request copies of your personal data.
The right to rectification:
You have the right to request that we correct any information you believe is inaccurate. You also have the right to request that we complete the information you believe is incomplete.
The right to erasure:
You have the right to request that we erase your personal data, under certain conditions.
The right to restrict processing :
You have the right to request that we restrict the processing of your personal data, under certain conditions.
The right to object to processing:
You have the right to object to our processing of your personal data, under certain conditions.
The right to data portability:
You have the right to request that we transfer the data that we have collected to another organisation, or directly to you, under certain conditions.
If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us via our contact page