|Description||International Crowdfunding Platform|
PleaseFund.Us is an exciting platform for fundraising, giving people the chance to make their ideas happen. It is also a place for people who want to be a part of something new and exciting. A place to help fund creativity!
The platform provides low risk way for people to raise money to fund their creative projects and ideas. On the website, project creators can showcase their ideas to a wider audience, generate interest and garner the support of the “crowd” – the online community.
Project owners submit their idea and invite people to pledge money to help get it off the ground. The project owner retains full ownership and control of the idea. Project backers receive project based pledge rewards: experiences, products, acknowledgments and accreditations.
Users upload their project; set a fundraising target and a deadline date by which time they have to have reached the funding target. If they don’t reach the target by the deadline, the money is returned to the backers.
“All or Nothing” crowdfunding is an established crowdfunding system whereby only projects that achieve their full funding target receive the funding. If a project fails to reach the funding target set when the project was listed then all of the money is returned to the individual project backers. This type of crowdfunding model enables project owners to be confident they will have the budget to complete their project and fulfill their obligations when they are successful. Backers know if the target funding is not reached their money will be returned (minus PayPal’s fees).