LaunchGood: the Crowdfunding Platform that has transformed the way of supporting Muslims worldwide!
I don’t know how even to start describing how amazing this platform is. I’ve stumbled upon LaunchGood this past June and since then I’m hooked up. It's a place that allows Muslims from anywhere in the world to work together on making positive projects possible. I’m just really amazed!!
So what’s LaunchGood ?
LaunchGood is a Crowdfunding Platform that focuses on supporting the muslims community worldwide. It was founded by Chris Blauvelt, Amany Killawi and Omar Hamid, and it went live in October 2013. LaunchGood has succeeded in raising funds for 5096 campaigns with a total of 55,169,980$ raised till now in 121 countries and the platform has currently 279,621 users and the number is continuing to increase every day. LaunchGoodhas received multiple awards, including the Islamic Economy Award for Small & Medium Enterprises (SME), and the American Muslim Consumer Conference (AMCC), Entrepreneur Showcase.
How does it work and what makes it different?
So let’s just start with explaining what is crowdfunding in a simple way. Crowdfunding is when you fund a campaign or venture by taking a small amount of money from a crowd or a large number of people. For example, let’s say that I know a poor woman who has cancer and can’t afford the 100,000$ treatment costs. So using LaunchGood Crowdfunding Platform, I will create a campaign asking the crowd or people to donate to this goal of raising 100,000 dollars and I will set a deadline for raising this amount for example 30 days. The donors, each one will participate within his/her capacity so each one can donate with whatever he/she can afford even if it's only 1$. At the end of the 30 days, the amount collected will be used to help this woman in paying her treatment costs. It’s just as simple as that and you can contribute to the larger good and the community with the touch of a button.
Crowdfunding is not a new idea as there are other popular crowdfunding websites like Kickstarter, GoFundMe, Indiegogo, and others. But what makes launchgood different is it's focus on supporting the muslims community and projects related to islamic causes exclusively. We as muslims love charity and love helping others
and as Allah says "Who's the one who will loan Allah a goodly loan, so he will multiply it for him, and for him is a noble reward" (57:11)
and as Allah Says"Spend (in Charity) O son of Adam, and I shall spend on you"(Hadith Qudsi)
and as the Prophet Muhammad (Peace be upon him.) said "Giving Charity does not decrease your wealth" (Sahih Muslim 2588)
So we are as a community eager to increase our good deeds and with a platform like this we will be able to choose whatever kind of cause or good deed we want to support worldwide, I mean how awesome is that when you can have a share in building 100 different mosques (houses of Allah) all over the world or saving 100 lives in different countries with just donating as little as one dollar for each cause!
In LaunchGood, you can be a donor, a campaign creator, or both. As a donor, you can choose from hundreds of causes and campaigns in various countries to support and you can donate starting from as low as one dollar. As a campaign creator whether you are an individual or an organization, you can create a campaign for the cause you want people to support, set the amount you want to raise and the deadline of this campaign and then you will be assigned a campaign coach at no extra cost to assist you in launching your campaign and suggesting the best strategy for achieving your goal. It's just as simple as that!
What is LaunchGood Fee?
LaunchGood’s service fee is 5% of the money raised on the site and a third-party service used for credit card transactions takes another 3%. Also, Supporters have the option to cover the 8% in fees upon online checkout and since over 70% of supporters already do so, LaunchGood costs 2.5% average net fees which is lower than the fees of the other popular crowdfunding platforms and less than the credit card processing fees!
Just look at the success rate, the average pledge, and the average raised by LaunchGood Platform compared to other Famous Crowdfunding Platforms like Kickstarter, GoFundMe, Indiegogo, and others. It's just so Awesome what they have accomplished so far! Good job guys, keep going.
What kind of projects that can be funded using LaunchGood?
There are different kinds of projects that can be funded on LaunchGood including the following:
- Flash Campaigns Leaving a legacy: an example is the following campaign where Maysan and Tarek raised $151,307 to help the family of Ustadha Zaynab Ansari after the sudden, tragic loss of her husband (View Campaign).
- Pre-Sales Gauge your product's demand: an example is this campaign where Nadoona raised $18,264 to release their cutting-edge DVD workout series for all women (View Campaign).
- Technology Launching a Product: an example is this campaign where Muslims in Scotland raised £7,032 to develop the Ramadan Legacy app so Muslims can create, track and build their Ramadan Legacy (View Campaign).
- Education Rally your community behind you: an example is this campaign where Sharmin raised $11,001 to attend the Bayyinah Dream program (View Campaign).
- NonProfit Activate the community you serve: an example is this campaign where The Al-Shifa Clinic raised $27,878 to serve the uninsured population of San Bernardino, providing both healthcare and dental services (View Campaign).
- Causes Raise funds for what you care about: an example is this campaign where Kadeer from California raised $2,576 to empower orphans via bicycles in Afghanistan (View Campaign).
- Arts/Creative Unleash your creativity: an example is this campaign where Megan created an American Girl style How to Get Hijab ready guide for Muslim Girls Ages 8 to 11 (View Campaign).
- Fundraising Dinners Bring your dinner to the 21st century: an example is this campaign where Muhsen raised $162,304 to begin a non-profit that focuses on Muslims helping and understanding special education needs in mosques (View Campaign).
A Brief Example of the campaigns you can support on LaunchGood right now
and there are much more campaigns to support on LaunchGood Website. To Visit the website here's the link: https://launchgood.com
So all what I can say is God bless the LaunchGood Team for providing us with this amazing opportunity to help our brothers and sisters worldwide with just a click.
I hope you guys enjoyed thisIf you and try and make the most out of this platform and if you have any questions, please don't hesitate to comment below or message me directly. Have a nice day!