How it works
WHAT IS MYSAIDIA.COM CROWDFUNDING?
It is our easy-to-use, donations and/or rewards-based crowdfunding platform. It connects people from around the world to some of the greatest ideas and projects from visionaries from around the world. In donation-based crowdfunding a large number of people (e.g. family, friends, people with shared interests) donate small amounts of money to a project they are interested in. These donations add up to a much larger amount, enabling you to bring your project to life. The rewards-based element means donors receive a small reward related to the crowdfunding project – e.g. a special thanks video, a voice-recording, a T-shirt, or a some other type of gift or reward as result of a successful outcome from the project or campaign which they backed.Read More
Simple steps are:
1. SEARCH FOR A PROJECT YOU BELIEVE IN
2. REGISTER AS A BACKER.
3. MAKE YOUR PLEDGE OR DONATION
4. GET REGULAR UPDATES AND SEE THE IDEA TURN INTO REALITY
No legally binding financial obligation to Backers/ donors incurred by fundraisers/ recipients; no expectation of financial or material returns.
Backers/donors have an expectation that fundraisers will provide tangible but non-financial rewards or products in exchange for their money e.g e.g. a special thanks video, a voice-recording, a T-shirt, or some other type of gift.
"ALL OR NOTHING APPROACH"
Mysaidia.com crowdfunding-platforms follow an “all or nothing”-approach. All or nothing means that the funding goal is binding. The money will only be transferred by the platform from the backers to the project if the project campaign reaches its funding goal. The idea behind that is that you can only start working properly on your project, if you reach the stated goal.