Last April, Wadizlaunched Let's, a team funding service where anyone can start a challenge. Let's is a team-centric funding service connecting people with challenges—big and small—and those who support them. The Let's PM and service developer shares insights about Let's: how it differs from existing Wadiz, why it's called team funding, and who the service is for.
The Launch of Team Funding Service Let's
October 30, 2023, 'Let's create a world where anyone can challenge themselves' was established. Many people hesitate even when they resolve to take on a challenge. Refining an idea is hard enough, but then there's the worry about whether it will succeed, and the financial burden can't be ignored either. Before you know it, you start thinking, 'Why am I even dreaming?'
I hoped the journey to achieving my dreams wouldn't be lonely. That's why Let's, a team funding service where anyone can challenge themselves and realize dreams together,has begun. The moment you join Lets, you can easily start diverse challenges—from sponsorship, fundraising, donations, and campaign projects to fan communities.
The Difference Between Funding and Supporting
Let's has renamed project creators and participants as 'Leaders' and 'Members'. This is because they are not just a relationship where one opens a project and the other pays—they are a team that closely shares each other's progress and works together to achieve their dreams. This is precisely why Let's is 'Team Funding'.
Lets users are called project leaders and cheer members.
As you know, Wadizalready offers a funding service. With Wadiz funding, people become supporters by paying a certain amount to participate in funding based on the ideas and potential of products and brands. Therefore, supporters are provided with rewards that allow them to experience the products and brands.
Let's is a platform where people who empathize with and support the stories of challenging leaders participate as members by paying whatever amount they wish.They do this not because they want to experience the rewards, but because they want to support the leader out of goodwill. That's why it's okay for the leader not to offer any rewards.
What kind of relationship is there between a leader and a member?
I hoped that even after members paid their support funds, they would continue to show interest in the leader's challenge process and maintain a supportive relationship. Ongoing support helps the leader realize their challenge and may even inspire them to take on another one.
I remembered the class president election. Candidates for class president make pledges to lead the class well. When friends who support them vote, they get elected as president. Thanks to the friends who believed in them, the president can successfully fulfill their pledges throughout the semester.
In this way, A great class isn't built solely by the efforts of an outstanding class president. The same goes for the Lets Project. Leaders and members are simply different roles, but they share the journey of achieving the same dream together. We designed it so supporters can leave encouraging messages while watching the project progress, and leaders can share updates through news posts.
A challenge you can start in just 3 minutes
To make it easy for anyone to get started, I believed the beginning shouldn't be difficult. We simplified the project launch preparation steps so you can create a project in just 3 minutes.
Let's Challenge lets you start immediately after entering a title and keywords, setting the challenge period and target amount, writing an image and introduction, and choosing whether to make it public. In other words, projects you create are published instantly without any paperwork or review, allowing you to receive support right away.
Let's Challenge Project Setup Process. Just 4 steps are all you need.
Just as simple as the setup process, the Let's service interface is also straightforward. We've stripped away information like achievement rates, challenge success status, and rankings from the home navigation screen. The project story screen displays only text, without any embellishments.
I believe that in challenges and support for dreams, what matters most is not the price, success rate, or ranking, but the story of the person taking on the challenge. but rather out of empathy and support for the leader's challenge.I hoped people would choose projects not because they were popular or reasonably priced, but because they empathized with and supported the leader's challenge.
Lets Service Home Screen
Lets' Dream: Where Dreams Come True
Moving forward, we want to make Lets a space where leaders and members can actively communicate. We'll create a virtuous cycle of challenge and support—where leaders' endeavors gain wider recognition, inspiring members to take on their own challenges, sparking new initiatives across the world.
You just dream and take on challenges! Let's handle the hard stuff. 😉
Curious about the story of the running team 'Integrity' who took on the Let's Run challenge? 👉 Click
Let's challenge it right now 👉 Click
