The first version of our smart contract is a tool for our community to use now while we move towards forming a DAO. In the future the community will be able to propose and vote on the organizations we support. We also plan to have an internal fund that can be used to support community owned renewable energy projects.
V1.0 of our smart contract is built using OpenZepplin which is a battle-tested and audited library of smart contracts. We chose this because of it reduces the risk of the funds while they are being disbursed to the organizations we support. You can review the smart contract on Etherscan. Spark Eco does not have custody of the funds, they are pooled on the smart contract and released weekly or when the pool is greater than 2ETH. You can verify the wallet addresses of the organizations below: