How Kickstarter Clone Can Determine The Success of Crowdfunding Business?
The trend of crowdfunding is increasing in the business market. The crowdsourcing was used in past; the funding was used for the book publication. Crowdfunding means, funding projects, ideas or business venture by raising monetary contribution from groups or individuals and it is also sometime called “alternative finance” method. One thing should be kept in mind that the project or idea should be unique, so that investor can be strongly convinced for funding.
Fundraiser a Kickstarter Clone by NCrypted Websites is based on crowdfunding script. The clone invites fundraiser, donors and backers from crowd to help fund member’s projects. It provide platform, where people from around the world can post project or idea and can raise fund from investors. Apart from Kickstarter all or nothing policy, our clone script guarantees fundraiser to keep all the money raised, even if you do not reach your goal.
Kickstarter Clone helps fundraiser to find projects through the social networking sites. Here there are 3 key role player:
Administrator- The owner take some % of each donation received from the fundraiser. Charges may operating charge, payroll or any other facility.
Fundraiser- The fundraiser is responsible of raising fund and pays some wages of each and every donation to administrator plus some transaction charges to payment gateway process like paypal and others methods.
Donors/Backers- The word means crowdfunder who are investing monetary into projects. The investor can pay fully or as they like to fund the project with no additional charges and in return the raiser can endow them with a gift.
The Kickstarter Clone script works on commission based model. Here in this model the owner gets the pre-decided percentage of commission after successfully completion of project. Let us have an example for clear understanding: Let A be Administrator, F be fundraiser and M be donors or backers. M funds the project as the goal set by the F i.e. $1000 and admin take commission of 5% then F receives 1000*5/100=1000-500=$500.
The clone script has various salient features which make the clone user friendly and easy to use.
Sign up with E-mail
Rich text CMS to manage content with ckeditor
Attractive admin dashboard with rich functionalities, easy to use and manage
Comment and reviews
Project filter and sorting
Starred projects and recent activities
Reward for funding projects
Backers can comment on projects, can ask question, can view history and reward history, can view their advance finance statistics
Can post unlimited projects
Weekly newsletter from admin
Upcoming projects and effective ways to raise funds
Real time funding progress bar
Private messaging system
Help tool-tip
The success of project lies in flexibility, robustness and user friendly user interface. The kickstarter clone met all the features with customization, so that user can have site according to targeted audience or niche business requirement. NCrypted Websites have ready made clone that is advanced, innovative and scalable to achieve your fundraising business goals. It is better for an entrepreneur to have a ready made platform to start a business rather than to start from scratch.