Are you a Greek company Blocked by capital controls?

It looks like they stuck a line about Greek capital controls on top of a site for something else entirely. "Will it blend? Refine your idea, get feedback from users and iterate." "You need hosting/domains/ads? Click here." That last is the only clickable thing on that page other than "social" links, and it leads to a Google sign-in page.

WTF?

This hit the news here in Greece a few days ago. It’s an initiative from Greek start-ups in US that will act as a mediator to help pay costs like hosting and such since all Greek credit cards are blocked for the time being. I assume these companies have subsidiaries in Greece where they can receive the money in cash. It’s a solidarity gesture and probably not a permanent one.

I wonder how this is supposed to work, given that zerofund seems to be registered in the US (based off their WHOIS records)

I would recommend to stay in contact with entrepreneurs from Argentina. They are very experienced in how to deal with situation like this (no banking, capital controls, etc). In particular, because the greek situation is still new, there are opportunities to do things well to protect your assets or to think strategically now: open a bank account in another country, just for backup purposes.

What is actually being proposed here? Is this a charity effort? A vulture capital fund that wants equity? Something in between?