Bountybanker Has Officially Launched

A Crowdfunding Platform Putting Average Consumers in the Driver’s Seat.
 
TORONTO - Aug. 1, 2014 - PRLog -- BountyBanker has recently launched a new website offering users the ability to create custom ‘crowd-funding’ campaigns, and generate demand for new and innovative, consumer-centric products and services. The service is free-to-use and allows a user to create, fund, and share campaigns to promote new project proposals for interesting products and service. Users can browse through a catalogue of other user generated campaigns, and contribute preapproved funds to crowd-funded ‘campaign banks’ that align with their own interests.

The core function of BountyBanker is to promote campaign building and establish financially backed pools of potential consumers based on campaign banks built on crowd-funding. The number of contributing users, and amount funded to campaign banks are publicized to reflect the popularity and interest of a proposed project for a product or service.

Funded campaign banks act as rewards, known as bounty, motivating other users and organizations, with the capabilities for completing projects, to deliver products and services in exchange for potential payout of the bank. Individuals and organizations have the ability to submit their candidacy for taking on a campaign via submission forms located on campaign pages.

BountyBanker has received approval as a legitimate web application and business platform by PayPal.com. An approved PayPal API enables the BountyBanker platform to process preapproved payments and payouts through PayPal.com. BountyBanker takes advantage of this service by treating user funding contributions as preapprovals. This means that a contribution is only a preapproval, and a transaction of funds does not occur unless a campaign is successful. Campaign success is contingent on the receipt, and BountyBanker approval, of content that has been submitted by a user or organization. Approval of submissions are based on testing and review by parties associated with BountyBanker, on the ability of an individual or organization to fulfill campaign conditions and requirements.

The BountyBanker vision is two-fold: the platform intends to help identify consumer needs and demands as trends and interests change, and provide skilled individuals and organizations an opportunity to pick-up projects demanding products and services in exchange for collection of funding. With perspective on the bigger picture, BountyBanker hopes to foster improvement and innovation with an emphasized focus on what consumers want, rather than reliance on products and services that manufacturers and producers push.
Please direct all requests for further information and comments to: contact@bountybanker.com

www.BountyBanker.com

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BountyBanker
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Tags:Crowdfunding, Socialmedia, Innovation, Entrepreneur, Money
Industry:Internet, Services
Location:Toronto - Ontario - Canada
Subject:Websites
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