Crowdfunding Campaign Launched
We have launched our own Crowdfunding Campaign. It was officially published on Independence Day but didn't really get any traction until last week. Crowdfunding is a popular concept that cropped up during the past 5 years and is growing rapidly all over the world. Essentially, it's the process of using social networks to locate hundreds to thousands of people willing to donate small amounts to achieve a large goal.
It's used for everything from getting a few bucks to replace a stolen cell phone to launching or expanding new businesses. Even the US Congress has weighed in on the process, passing the JOBS Act a few years ago, which essentially "legalizes" the crowdfunding concept. But of course whenever a process or concept becomes regulated, it gets complicated. The SEC (Securities Exchange Commission) has been given the task of writing new regulations about how a crowdfunding campaign can be used to raise money for a business. That was more than 3 years ago. They STILL haven't done it. So the law remains unclear and without proper guidance as of this writing. In the meantime, the idea is so popular it continues to grow regardless of legal issues. Essentially, the law is beginning to recognize that small investors ought to have the chance to invest in start-ups, growth companies or just cool ideas too. Securities laws make it difficult for small companies to raise money, and small investors to get a shot at participating in those start ups. Crowdfunding is making it easier.
Every Crowdfunding campaign is a little different but most have a number of things in common. Ours provides Perks to those who donate. We attempt to provide more value than the amount donated. Although we use words like "donate" and "contribution", we don't pretend to be any kind of charity. This is purely a profit-making enterprise (or at least TRYING to be!) set up for the purpose of providing great fee-based services.
Another great feature about our own Crowdfunding campaign is that we're enlisting the help of our Associates to publicize it, and providing compensation for referring new Donors to us. It's entirely possible to earn a very large income promoting this campaign!
So go ahead and click the link above to visit our Crowdfunding page and see what it's all about. There's a lot to be earned and learned from helping us bring our products to market all over the world.
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