CG brings you the best of both worlds, the freedom of legal crowdfunding to freely make and receive contributions to any crowdfunding campaign you choose and the power of a legally registered Cooperative Association business model where the Members work together for mutual success and the best part is the Members (YOU) OWN the Co-op!
Crowdfunding is essentially the opposite of the mainstream approach to financing a project or business venture through a bank or investors. The Crowdfunding approach allows you to fund a project or venture by raising the amount of capital you need no matter how large by receiving small amounts of money from a large number of people (a Crowd), through voluntary contributions.
When you become a Contributor of CG, your Co-op Membership Fee will be $29 Per Quarter (90-Day Cycle). However, only your first quarterly Membership Fee of $29 will come from your pocket. From that point forward, your on-going Co-op Membership Fee of $29, due every quarter, will come from your contributions received and not from your pocket.
Our crowdfunding platform is so unique that the peer-to-peer contributions are 100% automatically made and distributed. In fact, everything is completely automated. Through automation, the Co-op ensures that all contributions are immediately distributed equally between two qualifying Contributors. The Co-op manages the platform but does not take any part of the Member contributions.
The success of our Members is based on the amount they contribute, in dollars, to their peers and on their efforts to help promote the growth of the Cooperative, itself. This next point is HUGE! To help our Members get started, the Co-op will give you a patronage refund of $25 USD of your first $29 USD quarterly Platform Fee in order to help you start with your first Tier 1 contributions. This automatically qualifies you as a Silver Contributor, immediately! All subsequent Platform Fees will only come from your received contributions and will be used by the Platform Company for operating expenses.
Yes, we all have the need for money for something. This is a crowdfunding platform designed to help you raise the funds you need for your project by creating a crowdfunding campaign. The really great thing is that the funding machine we have created allows for you to finish one project campaign and transition to a new one without the need to start all over from scratch. We have made it extremely easy with “Idea Launcher” to create your project!
Just like with a bank account, you must accept responsibility of maintaining your Wallet account balance. Be sure that you leave enough funds in your Wallet to automatically cover your re-entry back into the Tiers in which you are participating. Otherwise, when you complete a Tier Success Target and you have insufficient funds you will not receive a new Success Target for that Tier until you have contributed again. Since we have no way for you to deposit funds someone would need to Transfer Funds to you or you receive funds from another active Tier in order for you to get a new Target. Any time you do not have a Success Target for any Tier the software looks up the line of genealogy to find the first Member who does have a Target. Therefore, you will permanently loose those contributions.
There is no function that allows anyone to deposit funds into their Wallet. Funds can be transfered from another Member’s Wallet to yours. If you want to upgrade you must use received contributions or transferred funds that are already in your Wallet. Remember, auto upgrade/auto renewal will use funds already in your Wallet, as well.
It is on your Dashboard at the very top of the page.
You can find a switch on your Dashboard as a BIG button near the top and middle of the page to toggle on or off, as you wish.