Crowdfunding, what is it about?
DOMORE.LIVE platform offers non-shareholding crowdfunding (reward based).
Non-shareholding crowdfunding is a relation between the project creator and the supporter based on early sale or pre-order. The creator, in exchange for the support, is obligated to provide the supporter a certain product or service, or a series of bonuses related to the realisation of the project. In case of DOMORE.LIVE we are working with the model all or nothing, WAN.
This model assumes that the project is completed with success only if the financial goal is reached with a minimum of 100% of the sum. A larger amount is allowed, but in the possibility of not reaching the minimum goal, the money is refunded back to the supporters.
Crowdfunding is a series of acts striving towards the realisation of the goal in a set amount of time using the foreseen funds.