HOW DOES MYSTARTR WORK?
A creator is the person or team behind the project idea; working to bring it to life. Every project creator sets their project's funding goal and deadline.
If people like the project, they can pledge money to make it happen through the MyStartr platform. Backers are folks who pledge money to join creators in bringing projects to life.
Rewards are a creator's chance to share a piece of their project with their backer community. Typically, these are one-of-a-kind experiences, limited editions, or copies of the creative work being produced
There are two types of project funding approach that a creator may choose, (A) Flexible or (B) Fixed. A flexible funding approach entitles the project owner to whatever amount raised throughout the funding period through MyStartr platform. While a fixed funding approach entitles the project owner to the funds based on the agreed target amount. If it does not reach the stated funding target, MyStartr will refund to all the backers of that particular project. As part of the economy of MyStartr, the creator have to reward the backers!
CREATE: I NEED MONEY!
Each project is solely designed, created and crafted by the creator!
The creator creates introductory videos or pages, short story or any other creative presentation through MyStartr to gain support from the people. The vision, objective and the concept of the project has to be mapped out in an interesting and compelling story to win the hearts of the backers! And at the same time, the creator has to think about a suitable reward to share it back to the backer who has supported the project.
Equally important, the creator to set on the project funding target and the funding period (for example, it could be within 60 days). Once the project is ready, the creator will launch it through MyStartr and starts to share the project within the community.
Take a look at our success stories and start to create your project