Frequently Asked Questions

Crowdfunding Bum frequently asked questions

If you have a question that has not been answered to your satisfaction, please shoot us an email and let us know. I will reply to that email ASAP. Thanks!

Can you help us with our social media outreach?

Yes, we have partnered with Crowdfund Buzz (THE WORLD’S #1 PR CROWDFUNDING ADVERTISING FIRM) who has offered our members 30 days of free social media outreach and other Crowdfunding Bum exclusive pricing options. The 30 days of outreach is a freebie. No credit card or prior purchase needed. Just tell them that your campaign is hosted on the Crowdfunding Bum platform. For more information on this exclusive offer click here.

As a registered user, how do I make myself available to chat?

You must first register and log in. Then click the about link on the top menu and scroll to Bum Live and click the link. You will be taken to the chat widget. If you are properly logged-in, your Avatar will be displayed on top of the widget. Next to your Avatar there will be three dots. Click these dots and choose whether you are available, away, busy or choose to be invisible. If you’re a campaigner, don’t forget to let your visitors know when you will be available to chat by posting a schedule on your campaign.

Not many active campaigners, whats up?

Granted, the ultimate goal of our website may seem a bit lofty in light of just a handful of campaigns. We’re counting on the crowdfunding community as a whole to accept our platform as an alternative to the bigger platforms. Bigger doesn’t necessarily mean better, considering that it’s the sole job of the campaigners to find backers to fund their campaigns. This has become increasingly harder to do, especially when trying to create the momentum needed to see a campaign succeed. We’re trusting on this acceptance and higher minded seasoned campaigners willing to pay it forward on our platform.

Although, with that being said, no other platform will help you fund your campaign. They are not designed to, in fact all they do for you is to act as a place to park your campaign while you find backers. This is what we’re trying to rectify.
 
By creating a campaign on our platform, it is conceivable that you may get fully funded without lifting a finger. Especially in the early stages of our development as new campaigners create their own campaigns and choose the recipient of their 3% pay it forward gift. Hence, the early bird will get the proverbial worm.
 
Remember, creating a campaign at Crowdfunding Bum is free and there is no out of pocket cost by giving 3% of what you eventually raise. Furthermore, no other platform offers free social media advertising during the most critical stage of your campaign, namely the first thirty days.
 
Now don’t miss understand, we’re not implying that all you need to do is to create a campaign. You need to do your part to promote your own campaign. Don’t just sit on your butt eating potato chips on your living room couch waiting for the cash to roll in. Donors want to back a winner and want to see initial momentum. So it still your responsibility to get monetary donation support from friends and family. If you are unwilling to do that much then crowdfunding is not a good fit for you.
 
Thanks in advance for supporting our vision of better and smarter crowdfunding.

How can I support the Crowdfunding Bum Initiative?

Scaling a crowdfunding platform startup is expensive, especially when trying to stay viable as an online business. Free organic search results opportunities are dwindling under the weight of pay-per-click advertising. You must pay to play in order to remain relevant in today’s online economy. With that said, if you would like to make a donation to further the Crowdfunding Bum outreach, please do so via this PayPal send money link. Use the recipient’s email: [email protected] Thanks

Does your platform support instant digital rewards?

Project creators can offer digital goods as rewards to their backers for supporting their campaign projects.  Uploading and attaching digital files is a straight forward process.

Once the project has been published by the site administrator, the project creator will navigate to their My Projects tab in their dashboard. They click on the Upload icon that appears when hovering their mouse over the project image:


A new screen will be presented to the project creator.  They can then provide a name for the digital file – this name will appear on the Backer’s dashboard with a download link.  Click on the Choose File button to navigate to the computer folder where the digital file is stored.  Choose the Project Level that the digital file will be assigned to.  Finally click on the Upload File button to finish the set up.

I HAVE A CAMPAIGN AT ANOTHER WEBSITE, CAN I CREATE A SISTER CAMPAIGN AT CROWDFUNDING BUM?

Yes!

All crowdfunding campaigns need not be exclusive to Crowdfunding Bum.

Please explain “built-in backers”?

When a new member creates a campaign on our platform they will be prompted to select an existing member that will receive 3% of all funds raised. In turn, the Campaigner can now potentially receive 3% unsolicited funding seeds from subsequent new members. Our approach is to give our members the opportunity to become both a donor and a recipient without incurring out of pocket cost.

Do you offer free campaign write up and setup?

Sure thing! We know how busy startup entrepreneurs are and we want to help. We need your story, what you need funds for, how much you want to raise, where are you located, your email address, full name and any photos or videos you may have. Our expert writers will then craft a top-notch campaign pitch. You must first register and upload a profile avatar then save to draft a new campaign and add a title. When done submit a support ticket. Don’t worry, we’ll fill in the blanks.

What are the countries that support Stripe?

  • Australia
  • Austria
  • Belgium
  • Canada
  • Denmark
  • Finland
  • France
  • Germany
  • Hong Kong
  • Ireland
  • Japan
  • Luxembourg
  • Netherlands
  • New Zealand
  • Norway
  • Singapore
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom
  • United States
  • Italy
  • Portugal

SHAMELESS FUNDRAISING?

“Many are embarrassed when it comes to asking for help. I envisioned a community where everybody gives, so there is no shame when asking (Shameless Fundraising). We must plant seeds if we are to expect a harvest.”

– Founder and Principal Officer: Bernardo Pereira

WHY DO YOU CALL US ALL BUMS? I’M NOT A BUM, FAR FROM IT!

In short, humility. Humility is often in short supply. Everything we have or will ever receive is because of God’s grace and mercy. So count your blessings daily and the next time you encounter one of these unfortunate souls, don’t just pass them by, stop and chat for a while. If you’re lucky, you may learn something about yourself.

WHY 3%? WHY NOT 1% OR 10%?

Our research shows us that 3% is the sweet spot, not too much not too little.

IF I DONATE 3% OF WHAT I RAISE TO ANOTHER BUM MEMBER, WILL I RECEIVE 3% IN DONATIONS FROM OTHER MEMBERS?

It’s certainly a possibility but it’s up to the new members to choose who they will donate to.

TO WHOM DOES THE 3% DONATION RESTRICTION APPLY?

The 3% pledge restriction is only for those who wish to post a request for crowd funding. Anyone can fund a member. As a member of the community you could give anonymously. So give generously.

WHAT HAPPENS IF MY PROJECT GETS FULLY FUNDED BEFORE MY DEADLINE DATE?

You receive all donations regardless of whether you’re overfunded, (less 3% pledge, Stripe 2.9% + 30¢ per successful card charge gateway processing fees and 5% platform fee) will be deposited into your Stripe account. So it pays to be actively promoting your own project and being realistic with your funding goal.

WHAT HAPPENS IF THE FUNDS RAISED EXCEED THE TARGET AMOUNT?

Crowdfunding Bum is based on “you keep each and every donation you receive” concept. In other words, it does not matter whether the target amount has been achieved or even exceeded, at the end of the target date, the member can withdraw the money from our platform.

IF AFTER FUNDS ARE TRANSFERRED, I DECIDE I WANT MY MONEY BACK CAN I GET A REFUND?

No! All monetary funding transactions are final. Furthermore, we can’t think of a more crummy thing to do than, taking back a donation from a fundraising campaign, so please don’t ask us to.

Exception: If it is proven that the campaign was a scam or your reward was not shipped to you. We will work with you in the recovery of your donation.

WHAT FEES DO YOU CHARGE?

Starting a campaign on Crowdfunding Bum is absolutely FREE. We charge a competitive 5% of the total funds raised as a site platform administrative fee. This fee is automatically deducted when you receive a donation – you do not get any bills from us. In lieu of the small fees we deduct; we provide you with the personal one-on-one support, features, a trusted crowdfunding platform and access to a large number of supporters that keep the donations coming. While some crowdsourcing sites claim they are ‘100% Free’ but they actually charge donors. Crowdfunding Bum never charges anything from donors. And there are no hidden costs involved. Stripe charges an additional minimal fee of 2.9% + 30¢ per successful card charge when you receive or transfer funds. Campaign creators are required to have a Stripe account and enable Stripe connect in their dashboard in order to receive donations directly into their stripe account. Be aware that you may incur an additional transfer fee depending on method that you wish to receive your funds once we release said funds. Available methods are bank check, money orders, Stripe.

WHEN I GET A DONATION, WHERE DOES THE MONEY GO?

It goes right into your Stripe account via credit card donations. Don’t have a Stripe account? Sign up with the Stripe payment gateway to get paid directly to your own account. The process is simple, and there are no setup or monthly fees. Connect with Stripe via the “creator account” tab in your dashboard to get started.

HOW DOES CROWDFUNDING BUM COMBAT CAMPAIGN FRAUD?

Because crowdfunding is built on trust, it’s ripe for fraud. We believe our crowdfunding platform addresses this issue by requiring campaigners to pay-it-forward by donating to a community member’s campaign a small percentage of what they raised. We reason that no self-respecting scammer would donate, it’s not in their nature.

If I register, can I also unregister and have personal data erased?

Yes! Under Article 17 of the GDPR individuals have the right to have personal data erased. This is also known as the ‘right to be forgotten’. This does not include any data we are obligated to keep for administrative, legal, or security purposes. To request this action click the GDPR link located on the footer of this page.

 
 

Start Now – No Out-Of-Pocket-Cost! >>>

This is a unique website which will require a more modern browser to work!

Please upgrade today!

10% of our platform fee goes to feed the homeless
+

Not your First Rodeo? Get a $50 transfer incentive.

Benefits of being a founding campaigner at Crowdfunding Bum:

  • Reduced Platform Fee. Only 2.5%
  • Exempt from the Pay-it-Forward donations
  • Receive Pay-it-Forward donations from new non-founder campaigners
  • 30 days of Free Social Media Outreach.
  • 20% off all Social Media promotions from the Crowdfundbuzz agency.
  • Setup Assist. We will transfer existing campaigns from other platforms.
  • Pitch Writing. Our expert writers will enhance your campaign pitch.
  • Potential profit sharing when or if we go public. (Yes, part owner)
  • No out of pocket cost.

Requirements: A partially funded (30% +) active campaign regardless of platform.

Sign up