How does Grasruts work?
Grasruts is a hyper local crowdfunding platform. Our goal is to make it easy to start a crowdfunding campaign in Nepal.
The campaign creation process is straight forward and hints are also given in each pages. After you put your campaign online, Grasruts, will either give you a call or email you to validate your campaign. If we are confident that your campaign is a scam, we will take down your campaign and take legal actions.
Your campaign can receive supports via transferring money into the Grasruts`s account using ebanking or direct bank deposit or transferring money into esewa account.
There are two reasons the funds are collected into our Grasruts bank account.First is because we do not have a service like Stripe`s Connect and paypal , second is to avoid any kind of fraud.
If your finance mode is AON, we will send you the collected amount after deducting 5% as our service charge on the total collected amount.You will only receive the money if you are able to meet your funding goal within your deadline, else the backers will be refunded. It is your duty to deliver rewards after the funding goal is completed.
If your finance mode is Flexible, we will send you the collected amount after deducting 5% as per service charge on the total collected amount regardless of your funding goal.You will be responsible to deliver the rewards even if you were not able to reach your funding goal, or else legal action will be taken against you.
We are charging 5% to keep our servers running and to provide better services.
You can support a project via three methods.
- Use ebanking to transfer money into Grasruts account.
- Physically go to the bank and deposit money into Grasruts account.
- Transfer money using esewa into our Grasruts account.
If you supported AON campaign and the campaign failed to meet its funding goal, you will be fully refunded. The campaign owner holds the responsibility to deliver you your rewards, if you have selected any.
If you supported Flexible campaign, you will not be refunded if the campaign fails to meet its funding goal. The campaign owner holds the responsibility to deliver you your rewards even if they failed to meet their funding goal, if you have selected any.
After you make a payment, we will give you a call to verify your transaction.
Grasruts team will work very hard to make sure that there are no scam projects but as a platform user, you can also help us by reporting a campaign that you feel like it is a scam.
As a platform user, you can send the campaign owner a message or try to get in contact with them for more information. If their information sounds shady, you can report the campaign and we will look over it and take necessary legal actions if we have to.
Grasruts is looking forward to make the crowdfunding experience as smooth as possible and if there are any queries, feel free to contact us at contact[at]grasruts.com
Make campaign happen that you believe in. Fund campaign collaboratively and become part of something larger. You are…www.grasruts.com
In crowdfunding, there are two type of community. One is the idea person and the other is a backer. The idea person…medium.com
Crowdfunding is a way of raising monetary contributions through the collective efforts from a large number of people…medium.com