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Fundition FAQ

@fundition.faq

Frequently Asked Questions by Community About Fundition.io - We Answered with Love! Check the Help Center :)

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Fundition FAQ
@fundition.faq Oct 27, 2018, 10:16 PM UTC

What is Crowdfunding?

What is Crowdfunding? Crowdfunding on Fundition brings people together to create a better world with the projects which require fundraising. The backers can be inspired by many projects which have to…

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Fundition FAQ
@fundition.faq Oct 27, 2018, 10:04 PM UTC

What is a collaborator?

What is a collaborator? A Collaborator is a user who decides to support any project that is open for Collaborations (without necessarily funding financially). A user may work on a project, share idea…

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Fundition FAQ
@fundition.faq Oct 27, 2018, 9:39 PM UTC

What does project in Standby mean?

What does project in Standby mean? You may see, in the Explore page, that some projects are in Standby while some had updates days ago. This is the message to the Backers/Supporters that the Founder…

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Fundition FAQ
@fundition.faq Oct 27, 2018, 9:34 PM UTC

I made a project, can the funds still be sent after 7 days?

I made a project, can the funds still be sent after 7 days? There are two types of Funding in Fundition; through Backers which will be able to send funds to you through PayPal or Cryptocurrencies aft…

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Fundition FAQ
@fundition.faq Oct 27, 2018, 9:29 PM UTC

How do I receive money from the Supporters?

How do I receive money from the Supporters? Supporters are the ones who will spend their HeartPower on your project news content through blockchain. This is how you will be rewarded with Steem Coin a…

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Fundition FAQ
@fundition.faq Oct 27, 2018, 9:23 PM UTC

What will happen to the money if I don't reach my funding goal?

What will happen to the money if I don't reach my funding goal? If your goal is not reached between period as you planned, the funds can stay at your wallet , you have a right not to refund them, onl…

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Fundition FAQ
@fundition.faq Oct 27, 2018, 9:15 PM UTC

How are the rewards divided by the Steem Blockchain?

How are the rewards divided by the Steem Blockchain? The Steem Blockchain has its way of dividing the funds came from the Supporters in a given content. The Content will receive the funds right after…

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Fundition FAQ
@fundition.faq Oct 27, 2018, 9:10 PM UTC

Who should I choose as a beneficiary of my project?

Who should I choose as a beneficiary of my project? You can choose a person or an account that will make a contribution to your project or the account of a person that you worked together on the proj…

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Fundition FAQ
@fundition.faq Oct 27, 2018, 9:04 PM UTC

Who are the beneficiaries?

Who are the beneficiaries? The beneficiaries are the people that you can choose to get the share of your funds gathered from support on your content. They will receive the given percentage from the S…

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Fundition FAQ
@fundition.faq Oct 27, 2018, 8:58 PM UTC

Why and how is the special tag used for?

Why and how is the special tag used for? When you submit a new project to Fundition, it will be published into the blockchain where you will have your personal tag or let's say a code from the blockc…

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