Collect funds from various resources and pool them for a good cause. Help start a project from nothing to make it big.
How it works:
• The Project Creator – They are the ones with the ideas and puts it before the Crowd. The project that is submitted should adhere to some rules so that their project is accepted. They can reward awards for the fundraisers who are pooling in their money for the project. Once the project is submitted, it would be sent for approval by the Admin. Once it gets selected, the funding will begin.
• The Admin – The admin is the person who selects which project will get the funding and which does not. They have the overall control of the entire site, including all the submitted projects. They set the rules for the project to be approved. He gets paid by the commission that is there for each project submitted.
• The Fundraiser – They are the backbone for initiating a project. They are allowed to fund as much funds as possible for a single project. They can fund to get a reward or not. It depends on their choice.
Here is how the funding goes:
The Project creator will submit the project. The Admin will have a check and approve it based on the rules set. Once all is set, the project is ready to be funded. As soon as the target amount is reached, the project can be started. The funds might exceed the target amount. The Project creator can then choose to award rewards to the Fund raisers.
• An exception – If the project does not meet the funding rules set, then it gets scrapped and the amount funded will be given back to the respective fund-raisers.
Reviews For This Service