FAQs

Frequently Asked Questions

How Can We Help?

1. How do I invest in a project?

You can invest in a project by selecting a milestone in an active phase. You can only invest in one milestone per phase at a time, but you can support projects without selecting milestones multiple times.

2. Can I report issues with a project?

Yes, investors can submit one report per project per day. Reports will be reviewed by managers and marked as 'Under Review' before being resolved or declined.

3. How do I set up shipping for rewards?

You must create at least one default shipping address and provide complete shipping information to receive physical rewards. You can manage your addresses in your account settings.

4. Will I get a refund if a project is banned?

Yes, if a project is banned and a refund process is initiated, you will receive a refund matching your investment amount. Refunds are only processed for projects with a 'BAN' status.

5. How can I track my investments?

You can view all projects you've funded in your investor dashboard, which shows investment amounts and project statuses. For banned projects, you can still see your investment amount but some details may be limited.

6. Can I invest in a completed phase?

Yes, you can still invest in phases with 'COMPLETED' status, but not in phases that have already processed payouts.

7. Can I interact with projects I've invested in?

Yes, you can like and comment on projects you've invested in. This helps build community around projects and provides valuable feedback.

8. When will I receive my rewards?

Rewards will only be shipped after the phase's payout process is completed. The shipment must begin before the expected delivery date shown in shipping detail information. You'll receive updates when your rewards are shipped and delivered. Rewards may arrive earlier or later than the expected delivery date. If you don't receive your rewards within a reasonable time after the expected date, please report the project through the reporting system.

9. What should I do if I don't receive my rewards?

If you haven't received your rewards within a reasonable timeframe after the expected delivery date, you should report the issue through the project reporting system. Go to the project page, click on 'Report Issue', and select 'Rewards Not Received' as the reason. Include details about your order and the missing rewards. The platform's managers will review your report and take appropriate action.

1. How do I create a project?

Only team LEADERS can create projects. You must first form a team of 3-8 members, accept the Rules & Terms, and then complete all required project details including story, documents, phases, and milestones.

2. What are the phase requirements?

Each phase must start at least 7 days in the future with a minimum duration of 14 days. The total amount of all phases must equal the project's target amount. Each phase requires at least one milestone.

3. What happens after project submission?

After submission, managers evaluate the project based on Team Competence, Project Story, and Project Documentation. If approved, the first phase starts immediately, and its status changes to 'PROCESS'.

4. Can I extend a funding phase?

Yes, when the last phase status is 'COMPLETED', the team LEADER can request to extend the funding period by up to 30 days.

5. What documents are required for project submission?

Required documents include SWOT Analysis, Business Model Canvas, Business Plan, Market Research & Feasibility Study, and Financial Information. All documents must be less than 10MB and in PDF format.

6. How do I create a project story?

Project stories must include a main part and a Risks and Challenges section. You can use text, headers, images, and YouTube videos (as URLs) to create compelling content.

7. What happens if my project is rejected?

If rejected, the LEADER must revise and resubmit the project. You can view the project evaluation to understand why it was rejected and make necessary improvements.

8. Can I create multiple projects simultaneously?

No, each team can only create one project at a time. Members can only belong to one team at a time.

1. How do I link my Stripe account?

Founders must link a Stripe payment account through the platform to receive investments, process payouts, and handle refunds. The account must be successfully linked before project submission.

2. How are transaction fees calculated?

The total transaction amount equals the sum of profit, platform fee, and Stripe fee. These components are displayed in your transaction history.

3. When does the payout process happen?

Payouts can only be processed when: pending balance is zero, all phase documents have been submitted and approved. Each phase can only process a payout once.

4. How do refunds work?

Refunds can be initiated if there's a pending balance and the project has 'BAN' status. Each phase can only be refunded once, and refunded amounts match the investors' contributions.

5. What documents are needed for payouts?

When a phase status is 'COMPLETED', founders must upload two documents: a FUND_USAGE_PLAN and a PROGRESS_REPORT to support the payout process.

6. When can I begin shipping rewards?

Rewards can only be shipped after the phase's payout process is completed. Shipments must begin before the expected delivery date, and founders must confirm shipping when the status is PENDING. While rewards should ideally arrive by the expected delivery date, they may arrive earlier or later. The platform allows reasonable flexibility with delivery timing.

7. How do I access my Stripe dashboard?

Founders can access the Stripe dashboard through the platform, but only for the project's linked payment account.

8. What happens if a project is banned?

If a project is banned, a refund process will be initiated for investors. Projects that have completed the payout process cannot be refunded.

1. How do I create a founder team?

Teams must have 3-8 members with one designated LEADER. All members must be from the same campus and EXE class. You can send invitations to potential members who aren't already in a team.

2. What information is required in my founder profile?

Founders must include a CV (in PDF format) and an avatar (image) for project submission. The profile helps establish credibility with potential investors.

3. How can I view my project's evaluation?

Founders can view project evaluations after a project is approved or when it's returned for resubmission. This includes feedback on team competence, project story, and documentation.

4. Can I join multiple teams simultaneously?

No, founders can join only one team at a time. If you wish to change teams, the current LEADER must remove you from the team first.

5. How do I create project updates?

Founders can create updates with a title, content, and images whenever there are changes to project details. Regular updates help maintain investor confidence.

6. How do I handle shipping and rewards?

You can confirm shipping status when it's 'PENDING' and confirm receipt when status is 'DELIVERY'. Shipping can only begin after the phase's payout process is completed and must start before the expected delivery date. Each reward item must include a name, quantity, and image (less than 10MB). While you should aim to deliver rewards by the expected delivery date, rewards may arrive earlier or later. Post an update to notify investors if there are any significant delays.

7. Can I submit special requests for my project?

Yes, the LEADER can create requests for Stripe Account issues, Project Creation, Project Suspension, or Time Extensions. Time extension requests (1-30 days) are only available for the last phase with 'COMPLETED' status.

8. Can founders invest in projects?

No, founders cannot invest in their own project or any other projects on the platform.

1. What are the category naming restrictions?

Category and subcategory names cannot contain special characters other than hyphens, spaces, and underscores. Both require descriptions that meet minimum length requirements.

2. How are projects evaluated?

Managers evaluate projects based on Team Competence, Project Story, and Project Documentation. The evaluation follows criteria specific to the project's category and must be completed before approval or rejection.

3. What happens if a project violates rules?

Managers can mark projects as 'Suspended' for violations. If violations exceed the MILESTONE_SUSPENDED_VALUE, the project will be banned. Banned projects cannot be refunded if payouts are already completed.

4. Are there time restrictions on banning projects?

Yes, projects cannot be banned within 3 days after the last phase has ended. This provides a grace period for final reporting and documentation.

5. How are milestones regulated?

Each milestone's total value must not exceed a percentage of the phase's total amount (defined in Global Settings). Milestones can only be edited if the associated phase status is 'PLAN'.

6. What document standards must be followed?

All documents must be less than 10MB. Required documents must be in PDF format. For milestone rewards, item images must be less than 10MB.

7. How are reports handled?

Reports must be marked as 'Under Review' first by managers before proceeding to 'Resolved' or 'Declined'. Managers must provide reasons for their decisions.

8. When is a project marked as 'Fundraising Completed'?

Projects are marked as 'Fundraising Completed' by managers when all phases' payout processes and shipment delivery processes are completed successfully.

1. How do I register an account?

Registration requires valid email verification. Required fields cannot be empty, email must be valid, phone numbers must be unique and valid, and passwords must be at least 6 characters long.

2. What roles are available on the platform?

User roles include Admin, Manager, Founder, and Investor. Each account can register for only one role type (Founder or Investor).

3. How is account security maintained?

Accounts require email verification before login. Identification numbers must be unique, and usernames cannot duplicate existing ones. Manager accounts can only be created by Admins.

4. What happens if my account is locked?

If your account is locked due to failed login attempts, only Admins can unlock it. When banning a user, the system logs the reason and timestamp.

5. Can I change my role or team?

Each account can only register for one role type. To change teams, you must be removed from your current team first.

6. How do I manage my shipping addresses?

You can create multiple shipping addresses but must designate one as default. Default addresses cannot be deleted but can be edited. Complete address information is required for shipping rewards.

7. What account information is required?

Required information varies by role, but all users need a valid email and password. Founders require additional documentation like a CV and may need to link payment accounts.

8. How do I update my profile?

You can update your profile information through the account settings. Additional information may be required for specific roles, such as CVs for founders.