- Give creator’s a way to fund their projects for free, or as close to free as possible (credit card fees notwithstanding).
- Support the way creators choose to do business.
- Respect the relationship between creators and their supporters.
- Ensure that we can continue to exist as a business, so we can keep offering free crowdfunding to creators.
You, the creator, gets to decide how we get paid. These are your options:
You only pay for your Stripe/PayPal fees and we ask your supporters for a tip. If they tip, we get paid. If they don’t tip, we still charge you nothing.
Yup, Free. We charge you nothing.
Average* cost to you: 3.5%
We ask supporters to cover the 5% platform fee and your Stripe/PayPal fees on your behalf. They nearly always do, but if not then you cover the fees.
5% platform fee with fee recovery.
Average* cost to you: 2%
We charge you 5% – you know, like the competition does. Additionally, Stripe/PayPal charge their fees. We don’t ask your supporters for anything.
5% platform fee.
Average* cost to you: 8.5%
*Actual cost with all models is dependent on Stripe/PayPal fees, and with Nearly Free, amount of participation in fee recovery.
Which one should I choose?
I’m risk averse
The best plan for you is Simply Free. With this plan you know that your only crowdfunding fees are going to be the Stripe/PayPal fees.
I want to get my fees as low as possible
You should consider the Nearly Free plan. With this plan we ask your supporters to cover our fee and the Stripe/PayPal fees. More often than not they do, which means that your costs will end up being less than the Simply Free plan. There is some risk, because if your supporters don’t cover the costs, then your fees could end up to be more than Simply Free, but still less than Not Free.
I don’t want my supporters to be asked for anything extra
The Not Free plan is for you. We won’t ask your supporters for any additional funds to cover costs. This is still a cost effective plan at industry standard pricing.
Which do you recommend most and why?
Because the Nearly Free plan is almost always the closest to free out of our three plans, this is the one we recommend. We do not earn any more money from the Nearly Free plan than we do from the others.