I/O Digital is a non-profit Foundation and has the ultimate goal to develop, promote, educate about the I/O Coin Blockchain technology.
The foundation is based and registered in the Netherlands. The foundation has offices in Miami USA and Amsterdam NL.
We have a formal board and representatives according Dutch Foundation laws. Each board member has their official responsibilities in the foundation board. The I/O Digital Foundation is backed by byLaws. These byLaws describe how the foundation must operate. Those byLaws are notarized. The foundation is also registered at the Dutch Chamber of Commerce in Alkmaar.
The foundation pays taxes according Dutch tax laws. Every quarter and full year the financials of the foundation are checked by an external accountant.