Flexible, Fixed, or Fixed Plus: Choose Your Best Funding Model
When launching on Linno Fund, selecting the right funding model is key to your campaign’s success. Linno Fund offers three distinct models: Flexible, Fixed, and the innovative Fixed Plus. Each model provides unique advantages tailored to different goals and backer expectations.
Here’s a quick guide to help you decide which funding type best suits your campaign needs.
Flexible Funding: Keep What You Raise
Ideal for projects where any level of support can make a difference. With Flexible Funding, you get to keep all the funds pledged by backers, allowing you to move forward with the support you've received, without setting a specific funding target.
Fixed Funding: All-or-Nothing
In the Fixed Funding model, you only receive funds if you meet or exceed your goal. This model builds backer confidence by ensuring your project is fully funded and feasible before moving forward.
Fixed Plus Model: All-or-Nothing with Added Transparency
The Fixed Plus Model takes the traditional all-or-nothing approach and adds a layer of transparency for backers. Creators present in-depth information about their project, from business and marketing plans to trusted partnerships and market research. This model is perfect for campaigns that aim to provide backers with a professional, data-driven view of the project.
Key Features of the Fixed Plus Model:
1. In-Depth Campaign Presentation: Creators have unlimited freedom to discuss their projects, goals, and timelines. This comprehensive approach helps backers understand the project inside and out.
2. Business and Marketing Plans: With the Fixed Plus Model, creators can upload their business strategies and advertising plans. This insight shows backers exactly how the funds will be used and how the project will gain traction post-funding.
3. Trusted Partnerships: Creators can share information about the companies or professionals helping them develop the product. This transparency helps build backer confidence by showcasing the expertise and partnerships behind the project.
4. Professional Visuals: To showcase their ideas more effectively, creators can add drawings, sketches, and visual blueprints of their work. This feature adds a professional touch and offers a glimpse into the project’s development phase.
5. Market Research and Visibility: A standout feature of the Fixed Plus Model, creators can upload market research documents or visibility studies as files or links. By doing so, they provide data-driven insights, proving demand for the product and the likelihood of success in the marketplace.
The Fixed Plus Model is ideal for backers seeking peace of mind in their support, as well as creators who want to elevate transparency and professionalism in their crowdfunding efforts.
Each funding model on Linno Fund offers a unique path, so choose the one that aligns best with your campaign’s goals and your backers’ expectations.
