karolinafund.com is a crowdsourcing and crowdfunding community currently in alpha development. The platform is a work in progress and we still have a long way to go to reach our desired destination. We have now opened our platform with only the core functions availible for use because we want to learn from our users while we develop. Here you can read about how it all works (for now), that is how do the currently availible features on the platform work.
Anyone with a great idea for a creative project can post his idea on the Karolina Fund platform (keep in mind that for now we are only publishing a limited number of projects, if you are interested then please drop us a line at email@example.com). Project creators can promote their projects through the platform in text, pictures, to do lists and/or videos. Each project has a funding goal and a specific time limit set by the creator. In return for pledges to projects, creators offer rewards. If people like a project and/or the rewards offered they pledge to the project. If the funding goal is reached or exceeded the funds are transfered to the creator when the funding time expires. However if the funding goal is not reached before the time limit runs out all pledges are refunded.
Project creators are solely responsible for finishing their projects and distributing the rewards. Karolina Fund can not guarantee that projects will be carried out as promised.