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Very Interesting concept in CrowdFunding, when we received the contact below from one of the principals at DigitalCollectionPlate.com, we were instantly intrigued. No question this is an original concept, we will have to wait and see if people are willing to donate the one thing more valuable than money, TIME.
“Born in a time when economic stress causes charitable givings and donations to favored causes to drop off, DigitalCollectionPlate.com breaths new life into online fundraising. With DigitalCollectionPlate.com, organizations and individuals alike can create a fundraiser with the goal of raising money for their worthy cause and with the power of the internet and social networking, they can “crowd-fund” their cause without ever asking for a single dollar in contributions. The unique method of raising money with DigitalCollectionPlate.com comes from a network of mega-corporations and companies who provide questionnaires, product surveys and polls to the public for their valued opinions and in return they pay a “micro-donation” to the cause on behalf of the supporter. Causes can be as simple as needing a new roof for your church up to supporting a presidential campaign, such as the Barack Obama “Grassroots” campaign that is currently listed on the site. Supporters may contribute as many times as they wish, participating in as many of the offers, surveys, questionnaires, software downloads and polls to generate revenue for their chosen cause as often as they see fit. Anonymous contributions are available but at the core of the DigitalCollectionPlate system is the Incentive-Payout option. With the incentive payout option, organizations and fundraisers may elect to allow a portion of their earnings to be randomly awarded to one of their supporters who register with the site. While this is a start-up business with a lot of room to grow, it already has plans to support Habitat for Humanity, Make-A-Wish, The Humane Society, Hundreds of Churches across the United States and many personal causes to help people through this economic struggle. Through crowd-funding, everyone can contribute a moment of their time and raise money for people and organizations in need. The core belief of DigitalCollectionPlate is “Donate time, not money” and to encourage group cooperation and social stability through the understand of a united people will always be stronger than a divided people.”
We are going to watch this one very closely. Love the concept but time is truly more valuable than money, only time will tell but we’re routing for them.
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