If project don’t reach the budget, what happens?
HighCastle is based on the “all or nothing” mechanism. This means that if the budget (economic goal) is reached, the project creator receives the money he collected. Otherwise, the money will not be taken from the backers’ accounts, without generating costs for neither the backer nor the project creator.
Who can start a fundraiser on HighCastle?
Anyone, anywhere who needs to raise money online.
What fees do you charge?
It’s completely free to start your project! We charge a competitive 6.9% fee on funds raised (2.9% of which is the card processing fee*) – making our fees lower than all of our major competitors. This fee is automatically deducted when you receive a donation – you don’t have to do anything and you won’t get any bills from us.
Why do people donate to projects?
REWARDS! Project creators inspire people to open their wallets by offering smart, fun, and tangible rewards (products, benefits, and experiences).
Where do donators come from?
In most cases, the majority of funding initially comes from the fans and friends of each project. If they like it, they’ll spread the word to their friends, and so on. Press, blogs, Twitter, Facebook, and High Castle itself are also big sources of traffic and pledges.