Frequently asked questions
How much of ₩10,000 reaches the need?
Once giving opens, at least ₩9,000. Running costs are only what we actually spend, up to 10%, and that includes payment and transfer fees. Korean law allows up to 15% (₩8,500 left of ₩10,000); we set a lower cap.
People who give cash in Korea give ₩582,600 a year on average — about ₩48,550 a month (Statistics Korea, 2025 Social Survey). Once giving opens, we cap running costs at 10% instead of the legal 15%, so at least ₩2,428 more of that monthly amount reaches the need.
This is an average. 15% is the legal cap, not what any organization actually spends.
Can people really not touch the money?
Once giving opens, a public rule decides who gets how much, and Everlink Give won't have any screen for changing amounts or recipients. The account holder (our founder) can still make a transfer at the bank — so we'll reconcile the ledger with the bank balance every day and publish any mismatch as it is.
Do you ever give cash?
Once giving opens, whatever can be paid directly will be: hospital bills to the hospital, deposits to the landlord, supplies to the vendor. Only money with nowhere to pay it, like living costs, goes to the person's account in parts, and the next part waits for spending records.
Where does the 10% go?
Once giving opens: payment and transfer fees, servers, story verification, and AI costs. We take only what we actually spend and publish it every month with receipts.
Is my donation tax-deductible?
Not yet. Everlink needs to found a nonprofit and be designated a public-benefit organization first. We're aiming for March 2027 and will tell you the day it happens.
Are the stories real?
We post only stories where a person has checked the documents and the subject's consent. Each story notes who checked what, and when — and what we couldn't confirm.
Did AI write this?
Yes. AI drafts from the person's own words and documents, and the person reviews it before it goes up. We don't add facts that aren't there.
What if a story falls short of its goal?
If the cost can be split, everything raised goes out. If it can't — like surgery — the funds go, with the registrar's approval, to another story with the same purpose. Which rule applies is written on the story page before fundraising begins.
What is Everlink?
A brand built on the idea of "for-profit, for nonprofit." It's currently run by ClassicMate (owner: Inho Choi), and we're preparing to found the nonprofit Everlink Give together with 1,000 founding members.