Saturday, August 19, 2006

Off to the races!

As a result of the $5,000 matching prize, three new projects have begun to collect votes this week.

You can see them here

We introduced the voting system as a way to measure the support/enthusiasm for a project before it actually began fundraising. The reason for this is simple: If a project doesn't have sufficient support before it begins, it is not likely to succeed in its fundraising.

A vote is just that.. A simple click of a button. No donation, no commitment, just an indication that you would like to see such a project posted on our site and eligible for fundraising.

To encourage new projects being posted, we have created a competition for the first proposed project to reach 100 votes. The first project to reach 100 votes will be given a $5,000 matching fund, meaning that every donation made will be matched dollar-for-dollar, up to $5,000.

If you've got an idea for something you want to see happen, in your community or abroad, create a project by clicking here.

Have a good weekend!

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