USER GUIDE - Crowdfunding for your dream & - Key success factors
Crowd funding for your dreams - Key success factors.
If your dream serves the purpose of learning or acareer, but you and your family have not enough fund for it , or it is a creative, volunteer, socially desirable project, you can use crowdfunding for your dream.
On Livingdream.me, you have the tools to support:
- Rise fund directly on Livingdream with size no more than $ 500, for academic purposes, career, volunteering.
- Rise fund through Giveasia or Geniousity by clicking on the link and initiating a dream project, conveying materials from the dream journey on Livingdream.
Here are the points you need to carry out the program:
Build your dream journey where you will give your potential sponsor the most detailed, honest information about your dream. Share this dream profile and your raise fund program with cross-sharing tools through FB, gmail, etc to as many potential sponsor as possible.
The dream chasers should prepare the following elements for best effect:
+ Video or images that clearly describes overview of the dream. Video / images must come from your own heart, which can be short clips of less than 5 minutes made by yourself or by friends.
+ The sponsor award will be given when the dream is fulfilled, if the dream is related to new thing creation.
+ Update and share the process of realizing your dream. In order to increase the trust of the community, you should have comments and support from people who know about you on Livingdream.
Let your dream show your aspiration, determination. Please focus on questions such as "What value does this dream bring to people?", "What motivates this dream?". Your passion, inspiration and ambition of your dream will inspires sponsors.
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Your Dream journey information:
To increase the vibrancy, you should include following information on the introduction clip posted on Dream journey
+ Introduce your dreams and companions if you have any.
+ Tell the journey you went. Share your progress to the present time, your past experiences, the difficulties you have conquered, the milestones you have made. Sponsors will decide quickly if this information is available.
+ What will you do to realize your dream? Be open and honest about the plan you will undertake
+ Demonstrate the budget that you use for the plan.
+ Be honest, be yourself because this is the dream from your heart. The community can verify what you say.
Sponsor Reward:
Rewards are what you give to those who have helped your dream come true. Some rewards are as simple as photo albums / clips of community travel dreams, or results from your dream job, your study. You are encouraged to give spiritual gifts instead of material gifts.
Reward delivery date: Calculate the deadline for delivering rewards and be sure for these timelines. If you have to postpone the date, please inform the sponsors so that they understand the reasons.
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Detail mobilization funding plan
Funding levels
The lowest level of Livingdream's funding is 50,000 VND for “Ngan Luong” service and 24,000 VND for Paypal, the highest is 1,000,000 VND and 50 USD / donor respectively. We limit these levels of funding to meet the academic (tuition), career purpose and volunteer aspirations, humanitarian needs, the arts. In case your dream need more, we encourage you to use other platforms such as Give Asia, Generosity which has been put on the tool.
Please note that funds will be deducted from the fees and service charges of the Bank, Paypal, bank service etc. Within 1 month after the end of the grant, we will return the grant to the recipient, and information about the sponsorship (nominally or anonymously as required) will also be provided and be posted on your dream journey for clarity. Therefore, the donors and the community can get information and follow all the journey. Due to the social goal, LivingDream does not charge fee for this period.
On Give Asia and Generosity, the funding limits will be wider depending on the policies of the two entities.
You need to commit to your dream and the community around will follow you. Make a plan and make sure you follow your dream.
Set funding goals
Crowd funding bases on risk sharing for everyone. Please set realistic goals and enough to your dream. For example, it should be the exact amount of tuition you need.
Set a deadline
Longest term is 60 days for a raise fund program. According to statistics, the shorter time, the higher the success rate. This deadline should be clearly stated in the plan section on the Dream Journey page.
Update information
During your dream implementation, you should keep in touch with your sponsor and keep up to date on the dream journey. Encouraging sponsors to keep up to date so that they can share information with the community.
Fulfill your dream: when you have sent all the awards and announcements to the sponsors and announced on Livingdream is the dream has completed.
Viral your success and send thanks to supporters
You should post photos, video clips, your experiences of your campaign on Livingdream, then you share on FB, Linkedin, Intagram, Twitter ... to inspire others dream chasers. Even if your campaign does not reach to your target, please do not regard it as a failure. It is your experience and you should keep going on.
Thank you for your time and consideration. If you have any questions, please contact us via email info@livingdream or nick care dream care / dream support on Livingdream.
With best regards,
Livingdream executive board.
(* Note: This user guide may change subject to Livingdream's feature improvement and updating policy.)

