Fund Freely Giving

Source code for fund.freely.giving

TODO

• Optionally receive email reminders to donate (especially for Bitcoin, e.g. donate monthly/yearly)
• Collect email addresses so can send notifications when new updates

NSW Law

Platform is not considered a "trader" due to "If a crowdfunding platform obtains a benefit for hosting the fundraising appeal or conducts fundraising appeals for business or trade, they are considered to be a trader for the purposes of Section 11 of the Act."

If platform were a trader then there would be regulations that we'd need to follow.

https://www.nsw.gov.au/money-and-taxes/charitable-fundraising/charitable-fundraising-guidelines/conducting-an-appeal#toc-what-requirements-apply-to-a-crowdfunding-appeal

ASIC

ASIC does not regulate donation-based funding (only equity-based)

"This guide does not provide guidance about non-investment crowd-sourced funding, including donation-based crowd-sourced funding and funding based on the pre-purchase of goods and services other than financial products and services. This type of crowd-sourced funding is not regulated by ASIC."

From "REGULATORY GUIDE 262: Crowd-sourced funding: Guide for intermediaries" (page 8)

https://download.asic.gov.au/media/cfxatjf5/rg262-published-18-october-2018-20220328.pdf