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How It Works

HOW DOES www.fundraising.my WORKS ?


 

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A project creator is the person or team that has the project idea and working to turn the idea becomes reality. Every project creator sets his/ her project's funding goal and deadline.

 

If people like the project, they can pitch in money to support that particular through the www.fundraising.my. Backers are folks who chipping in the money to join creators in bringing projects to life.

 

All project categories includes charity are fixed funding approach entitles the project owner to fund based on the agreed target amount. If it does not reach the stated funding target, www.fundraising.my will cancel the all backer’s transactions of that particular project. As a thank you to their supporters, the creator have to reward the backers if the project successfully funded! Understand more about flexible funding and fixed funding at https://fundraising.my/pages/crowdfunding-glossary-

 

Rewards usually output made from the project. Rewards are the product or service provide by project creators. By offering rewards, backers given a chance to take part and have something to remember. Backers love limited editions, personalized experiences, and copies of the creative work. Backers respond well to mindfully conceptualized rewards. Project creator shall keep update about the project’s progress and get in touch with the backers.

 

 

FOR PROJECT CREATOR : CREATING A PROJECT

 

 

Each project is independently created !

www.fundraising.my is a platform and a resource; we’re not involved in the development of the projects themselves.The entreprenuers, cafe owner, technology innovator, filmmakers, restaurant owner, writers, event organizers and designers on www.fundraising.my have 100% control over and responsibility for their projects. Project creators keep full ownership of their projects. Anyone can launch a project on www.fundraising.my as long as it adheres our terms and condition. Understand terms of use at : https://fundraising.my/pages/terms-of-use

 

Make Your Story Interesting with Images & Videos

Presentation to the crowd can make a huge difference for your project. Be sure create videos or graphics, short story or any other creative presentation through www.fundraising.my to gain support from the crowd. By making the best presentation possible, it demonstrates the vision, objective and the concept of the project that able to catch the backer’s attention.

 

Reward

Rewards are an essential part of rewards-based crowdfunding. Rewards are incentives to backers in exchange for their support. It’s important that the project creators offer creative, exciting rewards in return for contributions. Be sure to make the reward desirable with realistic price points.

 

Timing

Timeline of the project are often overlooked. One of the most important steps, project creator require to set on the project funding target and the funding period. Once the project is launched through www.fundraising.my, the creator will need to put in motion to raise awareness and gain support within the community.

 

Simple & Easy

It’s easy to get started. Creating a great project page takes only minutes with the guidance of our Project Creator Handbook (https://fundraising.my/pages/project-creator-handbook-). You can launch whenever you're ready.

 

Community

www.fundraising.my does more than providing platform for project creator to raise money. It builds community around your work. www,fundraising.my creates a community of people interested in what you’re doing, it’s a powerful tool to connect with a community passionate about our work.”

 

Start to create your project now !

 

FOR BACKERS : TO SUPPORT A PROJECT

 

If a backer discovers an awesome project and likes the idea presented by the creator, they may fund the project to make it real. There are many backers out there that will not hesitate to support new inspirations as well as new ideas! Besides, a lot of backers are rallying around their friends' projects.

 

The project rewards which is a self-made item, an art-work, a memento, limited editions, or copies of the creative work being produced could win the backer’s heart.

 

In most cases, the majority of funding initially comes from the fans and friends of each project. If they like it, they will share the project to their friends. Social networks like Blogs, Twitter, Instagram, Facebook, and www.fundraising.my itself are also big sources of traffic and pledges – to accelerate the funding process.

 

Backing a project is something beyond just giving someone money, it is supporting the dreamers to create something from their mind and turns dream into reality. By backing a single project, the backers are experiencing these amazing moments! Once you’ve found a project that you’d like to support, back the project and get a reward for chipping in.

 

Discover live projects at https://fundraising.my/discover !

 

www.fundraising.my SIMPLE SERVICE FEE

www.fundraising.my applies a 5% service fee of fund collected to all project categories except charity category project if the project is successfully funded. There is no service fee applies by www.fundraising.my to projects fall under charity category. The only charge applies is third party payment gateway which is Paypal.