Campaign cutoff dates can be extended for sufficient advertising and campaign development.
Price Adjustments by Founders:
Founders have the authority to modify prices for future backers by contacting the platform. For example, they can advertise a package at a specific price until the end of the month, with potential price increases afterward.
Editing Capabilities for Founders:
Founders can edit campaigns throughout the process, except for already “purchased” rewards, which cannot be decreased but can be added to.
New branches and rewards can be introduced by Founders as necessary.
Success Made Simple
No Mandatory Funding Goal:
There is no requirement to meet a specific funding goal for funds to be processed.
Founder’s Responsibility upon Processing Funds:
If the Founder decides to process the funds, they are bound by a documented legal agreement to fulfill their promises and rewards to backers.
TF Empires has a lower commision rate.
Commission Structure:
TF Empires charges a commission of only 4% on the total amount funded.
Founder’s Responsibility for Payment Processing Fees:
Founders will need to factor in the credit card payment processing fee, which is separate from TF Empires’ commission, and is typically in the range of 3-5%.
Success by Branch
Branch-Based Funding Success:
Funding success will be determined by the success of individual branches within the business model.
If a particular branch of the business lacks sufficient funding, Founders will opt not to develop that specific branch.
Closure of Successful Branches:
Branches that Founders determine to have adequate funding to proceed will be deemed successful.
Closing adequately funded branches contributes to the overall success of the campaign.
Tailored
Tailoring Business Offerings:
Founders have the flexibility to customize their business offerings based on public interest.
Different branches or aspects of the business idea can be presented to backers to gauge interest and funding potential.
Interactive Decision-Making:
TF Empires distinguishes itself from other platforms by allowing Founders to interactively engage with the public to determine the direction of their business.
Founders can observe and adapt to the preferences of potential backers, shaping their business model accordingly.
Sell on Luxauro
Transition to Luxauro.com:
After a successful crowdfunding campaign, you have the opportunity to become a merchant on Luxauro.com.
Whether you’re selling products, offering vacation rentals, vehicle rentals, or other services, you can list your offerings on Luxauro‘s platform or Luxaurolicious (for eateries), and also consider X-Charters for vacation rentals, vehicle rentals, and similar offerings, as well as Gold Metal Guild for service-based businesses.