Jumpstarter Basics
What’s Jumpstarter?
Jumpstarter is a new way to fund creative projects for individuals, charities and businesses.
We believe that:
• A good idea, communicated well, can spread fast and wide.
• A large group of people can be a tremendous source of money and encouragement.
Jumpstarter is powered by a unique 100%-or-nothing funding method where projects must be fully-funded or no money changes hands.
How does Jumpstarter work?
Creative projects are funding on Jumpstarter at any given time. Each venture is individually designed and crafted by the person behind it. The filmmakers, musicians, artists, and designers you see on Jumpstarter have complete control and responsibility over their projects. They spend weeks building their project pages, capturing their movie clips, and brainstorming what benefits to offer backers. When they’re ready, creators launch their project and share it with their community.
Every project creator sets their project’s funding goal, donation rewards and deadline. If people like the project, they can donate money to make it happen. If the project succeeds in reaching its funding goal in allocated timeframe, the Project Creator is paid out. Funding on Jumpstarter is all-or-nothing.
Source: http://jumpstarter.co.za/