Wadiz Launches Beta Version of Its Crowdfunding Service 'Let's'

February 23, 2024 | Wadiz News

– Opportunities to explore a wide range of fields, including personal sponsorship, environmental and animal protection, self-actualization, and fandom activities

– 100% of the project funds are transferred to the project leader    

– Pre-launch event running through the 26th… Benefits include challenge grants for project creators and free exhibitions at the Wadiz space

 

Wadizis launching a new crowdfunding service designed to help anyone more easily turn those everyday challenges they’ve always wanted to tackle into reality.

Life design funding platform Wadizannounced on the 21st that it has unveiled a preview of its crowdfunding service “Letz” and is recruiting participants for the pre-launch period, which runs through the 26th.

Let's is a service that connects people who share the same spirit of taking on small challenges—those sparked by the thought, "Why not give it a try?"—so they can cheer each other on and offer their support. 100% of the funds raised for a project are delivered to the project leader.

Through the Let's service, you can launch crowdfunding projects in a variety of areas, including personal sponsorship, environmental and animal protection, self-fulfillment, and fan community activities. Examples include "Supporting the sustainability of a shelter for abandoned dogs," "Hosting my first-ever photo exhibition, a long-cherished dream," and "Supporting my favorite artist's new album."

Setting up a project is so simple it takes just three minutes. Simply access the “Let’s” service within Wadiz app and enter some basic project information. Enter a project title and hashtags, set an end date and funding goal, and upload up to 10 related images. Projects can run for up to two months, and funding goals can be set starting from a minimum of 10,000 won.

Once a project is launched, you can check the participation status and funding progress of the supporters in real time. We’ve added various engaging features—such as “Challenge Cards” for those who start a challenge and “Support Cards” for those who cheer them on—to foster a culture of support.

The currently previewed "Let's" service is in beta; users can create projects exclusively through Wadiz iOS app and participate in the pre-launch event until the 26th. The team selected as the Best Project will receive a one-week free exhibition at the Wadiz Underground Gallery in Seongsu-dong, along with challenge grants such as 1 million won for outstanding projects. Additionally, they will receive promotional support, including exposure on Wadiz official social media channels and in-app banners.

A Wadiz representative said, “We developed ‘Let’s,’ a crowdfunding service designed to create a world where anyone can take on new challenges and receive support,” adding, “Whether it’s in any field, if you have a dream, Let’s will make it easy to pursue it and receive support, thereby fostering an ecosystem where taking on challenges and offering support comes naturally.”

Meanwhile, Let's Service plans to launch its official service, including the Android OS version, sometime in April following the beta phase.

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Wadiz News

Wadiz News

Communications Team

What's Happening at Wadiz, Wadiz News