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ymutada

Yakubu Murtada
Ghana  
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how fundmycause works

Contribute

Contribute to a cause you want to fund

Share

Share your own cause with the world.

Fund

Receive funds for your cause.



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How It Works


FundMyCause was put together so that people all around the world could raise funds for theirs and others’ needs whether it be unexpected medical bills, credit card debt, lack of food, a mission trip, etc… which is why we chose to implement cryptocurrency vs. credit cards. Cryptocurrency is decentralized, has low processing fees, no worry of charge backs or fraud and is available in many countries in which credit cards are not.

FundMyCause was setup on the model “the more you give the more you receive”.

There are two ways to receive donations for your cause:

The first way is to share your cause campaign with friends and family inviting them to donate directly on your cause page using the donate button. The donation goes into your wallet instantly.

The second way to receive donations to your cause, is to join our donating community and crowdfund as a TEAM! All you need to do is acquire a donator link from an active member of FundMyCause and fill in the information on the form which will make you a part of their personal donating Team.

Once you pick your username, password and enter all your personal information you will be given your very own website. Now all you need to do is pay a small admin fee to activate it. You will need to pay this small admin fee each month to keep your site active. Rather than take any part of people’s personal donations we charge this small admin fee so you can receive 100% of your donations.

The next step is to make your first donation. This may or may not be directly to the person who shared FundMyCause with you. You will land somewhere on their donation Team – wherever you land on there Team is whom you will donate to directly. Once you make your first donation you become a contributor and you are able to receive 2 donations of the same value in return. In order to keep receiving donations as a contributor you will need to make a donation each month to the first qualified Contributor on your Donating Team.

Once you receive your 2 donations you will have the option of becoming an Organizer. This requires you to give a second donation to the first qualified Organizer on your donation Team. Don’t worry our software knows exactly who that is. Once you make your second donation you will be able to receive 4 donations from others becoming Organizers. In order to keep receiving donations as an Organizer you will need to give a donation to the first qualified Organizer on Your team each month.

Once you receive at least 2 donations from Organizers you will be able to become a Fundraiser – all that is required is you give a donation to the first qualified Fundraiser in your Team. Then you will be able to receive 8 donations of equal value from 8 people that are becoming Fundraisers as well. Again don’t worry our software knows exactly who the next qualified Fundraiser is. In order to keep receiving donations as a Fundraiser you will need to give a donation to the first qualified Fundraiser on Your team each month.

Once you receive at least 3 donations from people becoming Fundraisers you have the option of becoming a Humanitarian. I think you are probably getting the picture by now – all that is required is for you to give a donation to the first qualified Humanitarian on your Team and you will be able to receive 16 donations for people becoming Humanitarians on your Team. In order to keep receiving donations as a Humanitarian you will need to give a donation to the first qualified Humanitarian on Your team each month.

Once you receive at least 3 donations from people becoming Humanitarians you will be able to become a Philanthropist. This is the highest level on our platform and the most rewarding. All you have to do is give a donation to the first qualified Philanthropist on your Team and you will be able to receive 32 donations from people becoming Philanthropists on your Team. In order to keep receiving donations as a Philanthropist you will need to give a donation to the first qualified Philanthropist on Your team each month.

Are the donations a set amount?

If someone donates directly to your cause page there is no set amount – they can donate any amount of bitcoin they want.

If someone joins your donating Team there are set amounts set in place that is overseen by our proprietary software. Here are the amounts:

Contributor – 0.02 Bitcoin (BTC)

Organizer – 0.015 Bitcoin (BTC)

Fundraiser – 0.03 BTC

Humanitarian – 0.09 BTC

Philanthropist – 0.27 BTC

As an active Contributor you can receive up to 0.04 BTC per month. You can remain a Contributor and continue to receive 0.04 BTC per month (as long as you have 2 other Contributors donating to you) minus the monthly admin fee, monthly Donation that you are making and miners fee for sending bitcoin – you will end up with just under 0.02 BTC per month in donations for your cause.

If you choose to become an Organizer then the 0.04 BTC in donations you are receiving will cover you’re renewal of your Contributor donation, admin fee, miners fee AND your Organizer donation. So you will be breaking even but you will be in a position to receive 4 donations of 0.015 BTC which will equal 0.06 BTC. If you choose to remain an Organizer you will keep receiving 0.06 BTC each month for your own cause.

If you choose to become a Fundraiser then you will use 0.03 BTC of the 0.06 BTC you are receiving from being an Organizer to donate to the next qualified Fundraiser and you will then be able to receive 8 donations of 0.03 BTC for a total of 0.24 BTC plus the extra 0.03 BTC from being an Organizer for a total of 0.27 BTC per month as long as you have 8 Fundraisers donating to you.

Now if you decide you would like to become a Humanitarian then you would use 0.09 BTC from your 0.27 BTC to donate to the first qualified Humanitarian on your Team. Now you are in a position to receive 16 donations of 0.09 BTC for a total of 1.44 BTC plus the leftover 0.18 BTC for a total of 1.62 BTC each month towards your cause.

If you decide you would like to become a Philanthropist then you would use 0.27 BTC from your 1.62 BTC to donate to the first qualified Philanthropist on your Team. Now you are able to receive 32 donations of 0.27 BTC for a total of 8.64 BTC plus 1.35 BTC for a total of 9.99 BTC per month towards your cause.

“What We Can’t Do Alone We Can Do Together”