After many hours of passionate preparation Thundafund went live 10 June 2013.
In our first week:
• 6 projects go live
• R60 000 raised
• Total target value of 1st week launch projects: R315 000
It took 3 days for the guys of Mooibos – http://www.thundafund.com/mooibos – to cause a crowdfunding storm and hit their Milestone 1 of R10 000.
1 week and the YBike – http://www.thundafund.com/ybike – team ensured early success: YBIKE Evolve, the world’s first 3-in-1 smart bike for kids, broke all records in South Africa for a crowdfunding campaign on a South African site, by raising over R30 000 – their Milestone 1- of its required R100 000 target funding in the first week.
Milestone 1 being the first, tipping point of future success – reaching this target ensures you keep all your funds raised – as Thundafund has an ‘All-or-Nothing’ operation.
All thanks to the power of the crowd!