FAQ

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What is Crowd Kode?

- An online platform that helps people + businesses connect and crowd-fund new ideas, tech and projects to create profit and passive income.

How much does it cost?

- It’s free to post an Idea or Project. And, it costs a minimum of $0.10 to buy-in to an Idea or Project.

What is a buy-in?

- A buy-in is simply a digital credit that makes it easy for Members to co-fund various Ideas or Projects (also referred to as Pools or Campaigns).

What does a buy-in get me?

- A share of the profits and ownership of the project - based on the percentage of your buy-in(s) compared to the overall total buy-ins.

What (or who) determines the number of buy-ins or amount?

- The Creator/Poster of the Idea or Project sets both a Total Goal Amount of Buy-Ins and a Minimum Buy-In.

These are just meant to be a general idea. Campaigns can go over the Goal with no penalty.

What happens if an Idea or Project Pool/Campaign doesn’t reach its goal?

- Then, all buy-ins are returned to all the Co-Funders

What happens if an Idea or Project Pool/Campaign does reach its goal?

- Then, Crowd Kode alerts all the Co-Funders that it was successfully funded and works with the Creator/Poster to facilitate the next steps of actually executing the goal(s) of the Idea or Project.

Crowd Kode works with the Creator(s)/Poster(s) to identify and select Developers or Dev Firms and all necessary parties required. Crowd Kode also makes all payments and handles all monies for Campaigns to protect the entire group of Co-Funders and ensure the funds are spent specifically for the originally intended purpose of the Idea or Project.

Do or will I get any money from a successfully funded Campaign?

- If a Campaign is successfully built, executed, etc. and more than 50% of the Co-Funders agree that they are satified with the execution of the Idea or Project, then the Creator(s)/Poster(s) will immediately receive any remaining funds.

Can I protect my idea?

- Crowd Kode has a much different approach to ideas than traditional approaches. We believe in first-to-market. Early bird gets the worm. That kind of thing.

From experience, we’ve learned that almost any company with money and lawyers can change just a few minor things and do your idea - and totally get away with it.

So, it’s our belief and philosophy that if you get either first-to-market advantage or you develop a user, member or customer-base that’s loyal - then that is as good and even better than protecting something intangible and unrealized.

What is the Crowd Kode Claim Policy?

- A way to encourage and reward people for being brave and to put their idea(s) out there.

Every User who posts a unique idea on CrowdKode first, gets a 10% commission + 20% automatic ownership equity of that idea, if it’s successfully funded!

Are there any hidden costs?

- Nope! Just what you see.

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