Crowdfunding
Last updated
Last updated
PSI wants to integrate crowdfunding and give the PSI holders the ability to earn passive income with crowdfunding. Besides earning one of our core values is also helping other people and making their lives better, that is why we also integrate a donation based crowdfunding ability for good causes and charities. All non-profit crowdfunding projects will be charged 0% commission.
Crowdfunding initiative applies for a campaign filling the applications form and the crowdfund initiative will be checked: Project idea, Funding goal, deadline, return rewards will be filled in per category.
When check is executed the crowdfunding campaign will be put into a category based on what the participant has filled in. Possible categories are 2.1 PSI - CF - equity based 2.2 PSI - CF - Reward based
PSI - CF - Debt card
PSI - CF - Donation based
On 2.1 , 2.2, 2.3 a x% commission will be charged on 2.4 their will be no commission charged.
When the crowdfunding will be started the crowd will have the ability to deposit in Cryptocurrencies.
When the crowdfunding deadline is reached there will be a short control check. When the target is not reached all investors will be returned all invested funds.
When the target is reached the private person or business applicant will get the crowdfunded funds. In case of 2.1, 2.2 & 2.3 the crowdfunders will get return and reward on their investments. In case of 2.4 there will be no reward or return as this is a good cause.
