Thursday, July 3, 2008

Nearly Free - Fundraiser 1.0

I'll be honest - I have read the website and I still don't really understand it. But Fundraiser 1.0 is a software program that is used by businesses, non-profits, entrepreneurs, anyone... to raise funds.

It was developed by a business after they were unable to obtain funding through traditional means. Money raised can be used for any reason and does not have to be paid back. What you do is purchase at a level. The lowest level is $5. Then you literally own a percentage of the webspace. You are encouraged to USE your space by advertising, blogging, making pages, etc.

As you refer people into the program, they will also buy in. On the first "phase" they can start at the $5 level on up to th $200 level. The way the the website explains it is that when you purchase at any level, the level becomes your percent that you will receive on all transactions from your affiliate partners. When the referring party chooses a level for their transactions, you get that percent you chose. As your referral grows in the program you continue to receive interest payments from that party. If you have more than 50 in your network, you receive all transactions they make to raise money with Fundraiser 1.0 . You only receive funding from those you directly refer into the program, not from anyone that they refer. This is not multi-level in any way.

You know, the more I try to explain it, I find I am finally beginning to understand. Bottom line, though is that at the $5 level, you have a potential to raise up to $4600! Obviously, the more space you purchase, the more money you can raise. Your only "job" with this program is to advertise it. I will keep you all updated as to how this works. If interested visit my website.

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