NaturFund.com is the leading equity crowdfunding platform in Nigeria and Africa. We are an online organization empowering startups, projects and businesses through its standard equity crowdfunding platform thus connecting investors and philanthropists with entrepreneurs/project owners.
WHAT IF SOME RANDOM VISITOR OR AN INVESTOR STEALS MY IDEA FOR HIM OR HERSELF?
According to Nigerian Copyright Act, where sufficient effort has been expended on making the work to give it an original character, it becomes the sole property of the Owner. It is only the Owner that can transmit the work by testamentary disposition or by operation of law. The Owner has an exclusive right over the work and it is unlawful for any other person to reproduce, publish, translate, perform in public, make, rent, lease, hire, broadcast, adapt or tamper with the work without the Owner's licence or assignment. That being said, some people are worried about people stealing their ideas, you should be worried about people seeing your idea because at the end of the day ideas are nothing without implementation. Nothing is barely new these days, what you're thinking of right now is happening somewhere else.
Under Nigerian Copyright Act, CAP C28, Laws of the Federation of Nigeria, 2004, any visitor, user or investor who decides to steal an idea from our platform will be breaking the Copyright law of Nigeria.Copyrights are also conferred on works arising from international agreements where at the date of first publication, one of the authors is a Nigerian citizen or domiciled in Nigeria; or published in a country that is a party to an obligation in a treaty or agreement in which Nigeria is a party as well as works published by United Nations Organizations or any of its specialized agencies, African Union and the Economic Communities of West African States.
WHAT METHOD OF FUNDING ARE YOU GOING TO USE?
- Equity CrowdFunding Method: Equity crowdfunding is the process whereby people (i.e. the ‘crowd’) invest in an early-stage unlisted company (a company that is not listed on a stock market) in exchange for shares in that company. A shareholder has partial ownership of a company and stands to profit should the company do well. The opposite is also true, so if the company fails investors can lose some, or all, of their investment. Previously only wealthy individuals, venture capitalists and business angels, could invest in startups. Equity crowdfunding platforms have helped democratise the investment process by opening the door to a larger pool of potential investors dubbed “the crowd”.
- Mutual Fund Method: A mutual fund is an investment vehicle made up of a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other assets. Mutual funds are operated by professional money managers, who allocate the fund's investments and attempt to produce capital gains and/or income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.
- Donation-Based CrowdFunding Method: Donation-based crowdfunding is a way to source money for a project by asking a large number of contributors to individually donate a small amount to it. In return, the backers may receive token rewards that increase in prestige as the size of the donation increases. For the smallest sums, however, the funder may receive nothing at all. Sometimes referred to as rewards crowdfunding, the tokens for donations may include pre-sales of an item to be produced with funds raised. Donation-based crowdfunding can also be used in an effort to raise funds for charitable causes. Because this sort of crowdfunding is predicated on donations, funders do not obtain any ownership or rights to the project – nor do they become creditors to the project, so most individuals do not prefer this method.
- Social Networking Integration Method: Social media is one of the fastest growing and most used forms of marketing in the world today. One of the special features of the services is that it allows you to share or connect via various social networking services like Facebook, LinkdIn and Twitter (Social Networking Service(s)”).One of the quickest ways to get users engaged and invested in you and your company is to get personal. Whether you accomplish this by sharing crazy adventures, the data behind your company, or just your day-to-day life (to show that you are a real person and not a robot), this is one of the most effective ways to indirectly increase the success of your content marketing campaigns. You see, whenever people feel that they know and trust you they will be more likely to share and promote your content on their own. And while posting that picture of you bungee jumping with friends may not directly increase the success of your marketing, it will build trust and rapport with your audience and will make them more likely to spread the word about you and your company. .
WHAT ARE THE POSSIBILITIES OF MY PROJECT GETTING FUND FROM NATURFUND PLATFROM AND HOW DO I INCREASE MY CHANCE OF GETTING FUNDS?
Firstly, many investors visit our platfrom in search of visible projects or businesses to invest their money. They can invest directly through our platfrom or they can contact us and direct us on which project or business they would like to invest. Then again, we go an extra mile pitching visible and creative projects/businesses on our platform to investors and philanthropists. Therefore, the possibilities of your project getting fund from NaturFund platfrom is pretty high.
Secondly, to increase your chance of getting funds you have to pitch/create your project/business very well on NaturFund. Reason is that, that is your first contact with NaturFund and the investors and first impression matters. It also what you create that we can pitch to investors to convince them that this project is visible so you have to convince us first to convince others.
Please also feel free to contact us if you have any more questions about NaturFund’s services or the information practices of the Services.