FAQ


 

Frequently asked questions…

7

 

FAQ


 

Frequently asked questions…

7

PREPARING FOR THE TOKEN SALE

What do I need to buy Earth Dollar Tokens?

You need four things to buy Earth Dollar Tokens:

  1. Signup to join the Earth Dollar Association. It’s free and anyone can join.
  2. Download the Earth Dollar Wallet, which will hold the Polygon ERC-20 Earth Dollar Token.
  3. Get whitelisted. This is mandatory. Read more about the KYC registration process below.
  4. Enter the amount of Earth Dollar Token you want to buy in the subscription form. Its first come-first served. There are 15 Token Sales Rounds over a 15-month period; if the missed one Round and is sold out, you will be automatically added to future Rounds. It’s good to get in early to get the best pricing and bonus.
Can I get a guaranteed allocation for the Earth Dollar Tokens?

Unfortunately, we cannot guarantee an allocation of Earth Dollar Tokens. It’s on a first come-first served basis and can be over subscribe. However, there will be 15 Rounds available, so there is no need to panic buy. Everyone should get a chance to participate.

Is there a deadline for getting whitelisted to buy Earth Dollar Tokens?

Whitelisting and registration will remain open until the Token Sale is completed.

Can I buy tokens more than once during the Earth Dollar Token sale?

Yes.

PREPARING FOR THE TOKEN SALE

What do I need to buy Earth Dollar Tokens?

You need four things to buy Earth Dollar Tokens:

  1. Signup to join the Earth Dollar Association. It’s free and anyone can join.
  2. Download the Earth Dollar Wallet, which will hold the Polygon ERC-20 Earth Dollar Token.
  3. Get whitelisted. This is mandatory. Read more about the KYC registration process below.
  4. Enter the amount of Earth Dollar Token you want to buy in the subscription form. Its first come-first served. There are 15 Token Sales Rounds over a 15-month period; if the missed one Round and is sold out, you will be automatically added to future Rounds. It’s good to get in early to get the best pricing and bonus.
Can I get a guaranteed allocation for the Earth Dollar Tokens?

Unfortunately, we cannot guarantee an allocation of Earth Dollar Tokens. It’s on a first come-first served basis and can be over subscribe. However, there will be 15 Rounds available, so there is no need to panic buy. Everyone should get a chance to participate.

Is there a deadline for getting whitelisted to buy Earth Dollar Tokens?

Whitelisting and registration will remain open until the Token Sale is completed.

Can I buy tokens more than once during the Earth Dollar Token sale?

Yes.

THE WHITELISTING PROCESS

What does a KYC whitelisting process mean?

KYC means Know Your Customer. KYC is a mandatory and crucial procedure for financial institutions as well as non-financial institutions and aims to minimize the risk of fraud and money laundering.

How do I register for KYC whitelisting?

You do that by pressing the ‘Get whitelisted Now!’ button on the token sale page. The KYC is mandatory for all token buyers. When successful, your wallet address will be eligible to take part in the Earth Dollar Token sale.

What documents/information do I need to have ready for the KYC?

Passport or driver’s license and documents verifying your official address.

What does the KYC verify?

The KYC process verifies that you are a real person, your identity, and your residency.

Can anyone buy Earth Dollar Tokens?

No, only member of the Earth Dollar Association and those who have passed the mandatory KYC process can buy Earth Dollar Tokens. Membership into the Earth Dollar Association is free, and anyone can join.

How will I know that I’ve passed KYC?

You will get a notification stating ‘Your account is whitelisted’ shortly after a third party has verified your KYC as successful.

Which countries are excluded from the Earth Dollar Token sale and will not pass KYC?

Afghanistan, China, Cuba, Iran, North Korea, Syria and Venezuela.

Can I have more than one wallet associated with my KYC’d identity?

No.

Who performs the actual KYC?

The KYC whitelisting process is performed by a third party verifier, through their KYC compliance platform.

I have problems with my KYC. Who can I contact?

The KYC whitelisting process is performed by a third party verifier. You can reach them via: support@earthdollar.org

Why was my passport/address/utility bill rejected?

Who passes KYC is not determined by the Earth Dollar. The KYC whitelisting process is performed by a third party verifier. If you have any queries contact them via: support@earthdollar.org.

My KYC has not yet been verified. What is the problem?

It can take up to 72 hours for the verification to complete.

Why do I have to do KYC for the token sale?

All legitimate projects should be conducting KYC/AML checks prior to accepting funds. This provides important assurance that the project is not being used to launder proceeds of crime. Any project that chooses not to conduct such checks signals that they are more interested.

Do I have to KYC to create a DAO or to participate in one?

No.

What types of documents are accepted as proof of address for KYC-verification?

This is country-dependent and the KYC portal will advise you of your requirements.

Does the third-party verifier accept native-language national passports as proof of verification, or should there be a document in which all information is also in English?

You can submit documents in your country’s native language.

Is it possible to re-pass the "Identity" (Step #2 in the verification process) if after the initial attempt I have the "Rejected" status?

Yes, you can resubmit if it was rejected the first time.

THE WHITELISTING PROCESS

What does a KYC whitelisting process mean?

KYC means Know Your Customer. KYC is a mandatory and crucial procedure for financial institutions as well as non-financial institutions and aims to minimize the risk of fraud and money laundering.

How do I register for KYC whitelisting?

You do that by pressing the ‘Get whitelisted Now!’ button on the token sale page. The KYC is mandatory for all token buyers. When successful, your wallet address will be eligible to take part in the Earth Dollar Token sale.

What documents/information do I need to have ready for the KYC?

Passport or driver’s license and documents verifying your official address.

What does the KYC verify?

The KYC process verifies that you are a real person, your identity, and your residency.

Can anyone buy Earth Dollar Tokens?

No, only member of the Earth Dollar Association and those who have passed the mandatory KYC process can buy Earth Dollar Tokens. Membership into the Earth Dollar Association is free, and anyone can join.

How will I know that I’ve passed KYC?

You will get a notification stating ‘Your account is whitelisted’ shortly after a third party has verified your KYC as successful.

Which countries are excluded from the Earth Dollar Token sale and will not pass KYC?

Afghanistan, China, Cuba, Iran, North Korea, Syria and Venezuela.

Can I have more than one wallet associated with my KYC’d identity?

No.

Who performs the actual KYC?

The KYC whitelisting process is performed by a third party verifier, through their KYC compliance platform.

I have problems with my KYC. Who can I contact?

The KYC whitelisting process is performed by a third party verifier. You can reach them via: support@earthdollar.org

Why was my passport/address/utility bill rejected?

Who passes KYC is not determined by the Earth Dollar. The KYC whitelisting process is performed by a third party verifier. If you have any queries contact them via: support@earthdollar.org.

My KYC has not yet been verified. What is the problem?

It can take up to 72 hours for the verification to complete.

Why do I have to do KYC for the token sale?

All legitimate projects should be conducting KYC/AML checks prior to accepting funds. This provides important assurance that the project is not being used to launder proceeds of crime. Any project that chooses not to conduct such checks signals that they are more interested.

Do I have to KYC to create a DAO or to participate in one?

No.

What types of documents are accepted as proof of address for KYC-verification?

This is country-dependent and the KYC portal will advise you of your requirements.

Does the third-party verifier accept native-language national passports as proof of verification, or should there be a document in which all information is also in English?

You can submit documents in your country’s native language.

Is it possible to re-pass the "Identity" (Step #2 in the verification process) if after the initial attempt I have the "Rejected" status?

Yes, you can resubmit if it was rejected the first time.

THE EARTH DOLLAR

 

The Earth Dollar is a currency based on LOVE and backed by the health and wellness of Mother Earth (Natural Capital Assets). The Earth Dollar was created for the love of the Earth and all life that dwells on her. Since love is difficult to quantify, up to $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged on-chain to back the Earth Dollar in order to restore the Earth and the climate, while simultaneously ending global poverty. The Earth Dollar provides liquidity to reinvigorate the global economy ravaged by the impact of the COVID-19 pandemic, climate change, unsustainable cities, the extinction of species, joblessness, poverty, rising cancer, and disease rates, and other crises without putting an extra debt burden on countries and taxpayers.

The initial assets pledged consist of platinum group metals (gold, silver, platinum, palladium, rhodium, carbon credits, spring water, etc.), along with residential properties, and commercial properties, Natural Capital Assets, real estate assets, manufactured assets, and creative assets via NFTs. These are only the initial Assets pledged to back the Earth Dollar; we expect even more assets in the future.

Earth Dollar will be a Carbon-Negative Asset-Backed Private Community Currency of the Earth Dollar Association and Utility Currency to pay for nodes, decentralized CPU Power, decentralized GPU Power and decentralized Storage Space on the Mother Earth Supercomputer (& Blockchain) (aka as the Mother Earth Supercomputer (aka Mother Earth OS)), one of the world’s fastest decentralized supercomputers which can process up to 1 million transactions per second to run the Living Economic System, DApps, real-time games, telecommunications, smart-contracts, IoT and more.

THE EARTH DOLLAR

 

The Earth Dollar is a currency based on LOVE and backed by the health and wellness of Mother Earth (Natural Capital Assets). The Earth Dollar was created for the love of the Earth and all life that dwells on her. Since love is difficult to quantify, up to $5.28+ trillion in Real Assets, including nature-based land assets called Natural Capital Assets have been pledged on-chain to back the Earth Dollar in order to restore the Earth and the climate, while simultaneously ending global poverty. The Earth Dollar provides liquidity to reinvigorate the global economy ravaged by the impact of the COVID-19 pandemic, climate change, unsustainable cities, the extinction of species, joblessness, poverty, rising cancer, and disease rates, and other crises without putting an extra debt burden on countries and taxpayers.

The initial assets pledged consist of platinum group metals (gold, silver, platinum, palladium, rhodium, carbon credits, spring water, etc.), along with residential properties, and commercial properties, Natural Capital Assets, real estate assets, manufactured assets, and creative assets via NFTs. These are only the initial Assets pledged to back the Earth Dollar; we expect even more assets in the future.

Earth Dollar will be a Carbon-Negative Asset-Backed Private Community Currency of the Earth Dollar Association and Utility Currency to pay for nodes, decentralized CPU Power, decentralized GPU Power and decentralized Storage Space on the Mother Earth Supercomputer (& Blockchain) (aka as the Mother Earth Supercomputer (aka Mother Earth OS)), one of the world’s fastest decentralized supercomputers which can process up to 1 million transactions per second to run the Living Economic System, DApps, real-time games, telecommunications, smart-contracts, IoT and more.