Popularized
in the year 2009, Crowd funding has been continuously finding favour amongst
people who fail to raise finance for their business or cause. StarCrowdfunding
is a similar platform where a number of people invest relatively small amounts
in an idea or business prospect that in the end adds up to a large amount of
money. StarCrowdfunding is exclusively for New Mexico citizens who need finance
to realize their ambitions and dreams.
Crowdfunding through
StarCrowdfunding involves the introduction of campaigns that describe and
elaborate on the project idea. This is done free of cost. Campaigns are
required to be interesting and attractive so that people invest their money in
them. However, only an attractive campaign is not enough to lure investors,
therefore StarCrowdfunding stresses on innovative perks that should be provided
to investors in return for their contribution.
These
perks should be made by the campaign and should consist of creative things that
hold value. A campaign holder can also provide a creative experience to the
investor. StarCrowdfunding allows campaigns that fit into any one of these
categories: Business, Art, Causes and Education. StarCrowdfunding requires you
to not only give a proper production plan but also a timeline of your project.
This move has been taken to benefit investors as they have a right to know
where and how their money is being used. Also, the team makes sure that
investors show the real picture by not allowing campaign holders to give
photorealistic representations. Instead of these simulations, sketches,
technical and CAD drawings are welcomed.
Crowdfunding through
StarCrowdfunding is affordable as the team charges the campaign owner only 5%
of the funds collected and an additional 3% for online transfer of funds. Communicating
with your investors and involving them in the process of executing your project
is another aspect StarCrowdfunding stresses on. The campaign holder needs to
show pictures of the project in progress and regularly update the investors and
answer their emails.
They
deserve this treatment as your project would not have been realized if it was
not for them. StarCrowdfunding accepts only campaigns that have a clear end,
that are finite. As the other campaigns would not have a specific and clear
goal, they would not be as transparent as it is required to be appealing to
investors.
StarCrowdfunding
provides you with tips on how to promote your campaign and help gain more
supporters. Promoting your campaign is more important step. You can promote it
through social networking sites, by sharing it with your friends who will in
turn share it with theirs, talking to people personally about it or even
writing about on your personal blog.
The
StarCrowdfunding’s goal is to provide a contented service to both campaign
holders and investors. The team readily answers the queries of their customer. You
can follow StarCrowdfunding on twitter, like them on Facebook, share them on
Google+ or even register your email with them to receive regular
updates.
