Read our FAQ
Frequently Asked Questions
General
BlessAndGive is a crowdfunding platform that aims to connect donors to BlessAndGives who need help for a certain cause. It provides a platform for BlessAndGives to reach a wider audience that could provide a helping hand. For more information about the platform, visit the About Us page.
Crowdfunding is a method of raising funds from many people, typically through an online platform. It allows individuals or businesses to present their campaign or ideas to a broad audience and receive financial contributions from donors. Donors can donate any amount, from as little as $1.
The platform sustains itself through a 2% commission on funds raised, charged to the creator. The platform does not receive any fees from the investor. The commission received will be used for the hosting and maintenance of our platform, as well as development of future features on our platform.
The BlessAndGive Platform is owned by Genius Development Workshop Hong Kong, founded by Kenneth Ma, an experienced angel investor.
For Donors
After the funding campaign has ended, there is a grace period of 7 days to ensure all funds have been debited from the funder’s account. Within those 7 days of grace period, the project creator will have to deliver a spending proposal in each milestone, defined bi-monthly. The proposal will be published on the project’s page and the first bi-monthly funds will be released to the creator. To receive the second bi-monthly funds, the creator will have to provide a status update on the project’s page to receive the second bi-monthly funds. Updates will be based on project development and receipts received.
No, the platform does not charge fees on the funds donated by the investor. However, the platform charges fees on the funds during the time it is dispensed to the project creator.
Contact us at support@geniusdevelopment.com