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Oigo invites you to get to know projects which are looking for cofunding and other forms of collaboration. These are projects promoted by people who want to share in a free and open way the source code of what they know and plan, creating new opportunities in this way for the constant improvement of society in benefit of the commons.
In addition, through Oigo you can:
- access diverse projects focussed, produced and/or distributed from a free and open perspective.
- help them financially according to your means (from U.S.$5), but also collaborating through abilities or concrete resources, or helping to disseminate the projects which most motivate you.
- benefit from the access to the collective returns specified in each case as well as possible individual incentives.
- form part of a specialized social network with local impact and international reach from which numerous synergies and possibilities can emerge.
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The projects are published organized according to their purpose, in different categories or thematic sections: social, cultural, scientific, educational, technological, ecological. There are a wide variety of projects: culture, social action, software and hardware, alternative economy, architecture, gastronomy, research, community tourism, reforestation and care of water sources, permaculture, entrepreneurship...
Take some time to calmly consult the projects in campaign and choose the one that is most relevant to you in terms of subject matter, geographic proximity, type of returns and incentives. Surely you will find the one that suits you and you can become part of it!
If this is not the case,
write us and tell us about other kinds of projects which we should help promote, or propose a project of your own :).
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In addition to contributing to the success of a project you are interested in, with your contribution you can obtain two types of considerations, collective and individual, which are specified in each project's file:
You will be part of the collective returns generated by the project, which are the great differential bet of OIGO, as we pursue that the donations made through the platform contribute to the sustainability of the projects. Common goods that allow reuse, recombination, generation of new uses and values, from what has already been done.
All this seeking the viability of the projects for their promoters, but also the greatest possible benefit for the community, with the aim of creating social capital and that other people can generate derived opportunities, products and economically sustainable services.
These collective returns can be: sharing knowledge and free access to project information; derivative products, resources or services; training through didactic manuals, workshops and/or Internet consulting; raw materials, files and digitizable content (e.g. a pattern, a design, a methodology, a program) that can be replicated, copied, reused, remixed, etc.
You can also obtain an individual incentive that will vary depending on the amount of money you contribute. This incentive has an exclusive and differential character, and can be tangible (an object related to the project, a publication, a t-shirt) or intangible (appearance in the credits and other spaces of special visibility in the project, 'premium' or early access to content, specific adapted services, participation in the production, private passes, mentions and credits in the project facilities, invitations to parties and presentations, among others, as a token of appreciation from the promoter).
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Once you choose a project from those that are in campaign in OIGO, you have to decide the amount of your contribution, according to your possibilities, interests, the type of consideration that you want to obtain, etc. The minimum contribution is USD $ 5.00 dollars.
While in the rest of the crowdfunding platforms the fundraising campaigns only contemplate one fundraising period per project, in OIGO we propose two rounds of co-financing, 40 days the first one and 40 or 20 days the second one (40+40 or 20) for open campaigns and at least one 40-day campaign for closed campaigns. Thus, contributions to co-finance a project can be made in either of the two rounds, over a total of 80 or 60 days in the case of open campaigns and over the duration of the closed campaign (at least one 40-day round).
- 1st round :This is the critical co-financing round, in which funds are raised on an "all or nothing" basis, being necessary to reach the budget that the promoter has set as a minimum in order to launch the project. If this minimum (Objective) is not reached among all the contributions at the end of the 40 days, the project will not get any of the committed money. If so, your contribution will be automatically returned to you the same day the project ends its campaign.
- 2nd round : If the minimum budget (Target) has been reached or exceeded during the first round of co-financing, then the second round is launched, also of 40 or 20 days, linked to the optimum budget, which allows the rest of the tasks for the production of the project and other additional tasks of sophistication or improvement to be carried out. In this round, the projects present their progress in real time, and all contributions made by a co-financier become effective whether or not the optimum budget is reached.
In the case of closed or private campaigns, you will have at least one 40-day campaign and must complete your minimum budget target to launch the project. If this minimum (target) is not reached among all the contributions at the end of the 40 days, the project will not get any of the committed money. If so, your contribution will be automatically returned to you the same day the project ends its campaign.
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If you have used the credit card as a means of payment, the charge is made at the time you support a project, and if the project fails, a refund of the same amount is made to the same credit card that you used, at no cost additional.
In case, at the time of contributing, you have checked the box "Keep my contribution in the Virtual Wallet", or you have used the Oigo Virtual Wallet as a means of payment, if the project does not reach its financing objective, the money will remain in your virtual wallet, that is to say: it would not be returned to you but you would have it available to support the project that you think deserves it whenever you want, without having to indicate your bank card details each time.
Finally, the project is archived, in order to leave space and visibility for another on the platform.
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Your virtual wallet in OIGO is a feature that we have developed to make it easier and easier for you to support projects in OIGO. You can access your virtual wallet from your user panel, in the
My wallet section, and it works as follows:
As you probably already know, when you support a project on OIGO, it does not receive your donation until it reaches its minimum funding, in its first "all or nothing" round. If the project does not reach its minimum, your donation will go directly back into your bank account.
However, when you make your donation, you can check the option "I want my donation, in case the project does not reach its goal, to remain in my OIGO virtual wallet". If you do so, in the event that the project does not reach its minimum goal and the campaign is archived, your donation will return to your virtual wallet so that you can distribute it as you wish and allocate it to the projects of your choice, without the need to re-enter your credit card information.
Also, if you like having a Oigo balance to easily support projects you believe in, you can
load < / a> your wallet with more money and decide later to which projects to allocate it.
Easy, right? ;)
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This may happen if the project arouses a great deal of interest among the people who co-finance it. In this case, in addition to ensuring compliance with the individual incentives, the promoter must complement the collective returns initially proposed, in a manner equivalent to the possibilities offered by the financing obtained.
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Of course! You can make as many contributions to the same project as you want, throughout the 80 (or 60) days in total that it can remain in the campaign, especially in the first round; this can be essential for a project that interests you to reach the budget that has been set as a minimum to get underway and qualify for the second round.
And yes, if you can, we also invite you to co-finance at the same time different projects among all those published in OIGO.
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Whether your support has been financial, or you have collaborated or actively participated in the project's page (in any of the two funding rounds), you will receive an email to inform you whether the project has achieved its goals, or failed to do so.
In the case of a positive outcome, as a co-financier, you will receive another email, confirming that the charge has been made against your credit card. Also, if you wish so, you will receive email notifications about any update or change related to the project you are supporting.
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Of the total amount of money you contribute, the person who promotes the project receives between 92% and 90% of that amount. This is because two commissions are deducted: one from OIGO, of 4%, for the provision of services (publication space and management tools on the platform, dynamization of the project, advice on the best way to present and communicate a project or set returns and incentives, intermediation, etc.), and another derived from the economic transactions that Stripe applies for the collection of credit cards from donors, plus the cost of bank transfers.
These fees are deducted from the money paid to the promoter or promoter and only become effective if the financing is obtained. Otherwise, neither for the donor nor for the promoter of the project, there is no cost if the minimum funds are not obtained.
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There are two options for helping a project financially in Oigo: by credit card, or Oigo Virtual Wallet.
You can use credit card in Oigo through the secure payment system of
Stripe Payment Gateway
This system is simple, easy to use and totally safe, used daily by millions of users worldwide, and with high levels of security (Secure Customer Authentication) to avoid the stealing of passwords or impersonation.
In this way neither the
Oigo nor the project promoters have access to your bank details in any part of the process.
Finally, you can choose our Oigo Virtual Purse, which allows you to use credit in our system at your disposal any time you want to support any other crowdfunding campaign through Oigo, with no need to introduce your credit card data again.
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The person or entity that promotes the project that you have co-financed will only be able to know your username in OIGO, together with the amount that you have contributed and the individual incentive that you have selected for your contribution.
If the project reaches the minimum budget, and therefore your contribution becomes effective, the promoter will have access to the data you have specified to send your individual incentive.
For other types of communications, OIGO has the possibility of sending direct messages between promoters and co-financers, allowing one-to-one relationships to be established as far as both parties consider appropriate.
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- There is insufficient balance in the bank account associated with the card used.
- If the card is a credit card, the user has exceeded the monthly credit limit allowed (this is more common at the end of the month). The user should check what monthly credit limit has been established and, if interested, extend it and/or repeat the contribution.
- The user has used unsupported cards, i.e. any card that is NOT Visa, Mastercard, Maestro or Euro6000 in the case of international contributions.
- The user has made a mistake when entering the card data.
- There has been a connection failure that may cause an error in the validation process between our server and the bank's virtual gateway. It may be a temporary failure with the user's internet connection,
- If the user is using the Safari browser version 5, which does not support https connections (secure connections) and therefore generates errors in this type of economic transactions that require secure connections.
In this last case the solution would be to try to make the contribution from another browser (Firefox, Chrome, Opera, Explorer...).
- That the user has closed the page in the middle of the process.
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As a complement to the individual contributions, an alliance is created with a matcher that channels a fund as a donation that strengthens and complements the resources raised by the promoters to reach their minimum budget.
This fund is channeled through a call regulated by bases that specify in detail who can participate, topics to apply, selection process and evaluation criteria among other aspects. For this reason, this type of campaign is called closed or private, since it is the matcher who channels their resources who invites their groups to participate.
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In Oigo, apart from monetary contributions it is possible to contribute with your talent, contacts and other resources, ranging from concrete abilities that a project needs from 3rd parties (translators, testers, advisers etc.) to the loaning of material resources (transport, equipment etc.) and use of infrastructure (other spaces etc.)
Collaboration needed in any given moment will be found on the project page. From there you can also follow the development process, add comments, queries, suggestions and enter into a dialogue with the project promotors.
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Helping to promote a project online and among your contacts is a great kind of support. This way, you can help it obtain a wider outreach, go viral in communication, receive more attention and thus achieve its required budget in order to move forward.
For this purpose, on each project page you will find a section which allows you to share it on different social networks, paste a direct link wherever you want, and even a widget code, with a visual summary of what this project aims for, and its progress, which you can embed in your blog, your web-site, etc.
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On the platform you can view, suggest, and, in general, establish a conversation with the project promoters about their financial needs or calls to collaboration. You can also follow and comment on the development of the full process through the updates published on the project's main site. Finally, you can also receive email notifications on any news or change related to the project you are co-financing.
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In the case of open or public campaigns, there is a contract signed by the promoter of the project and OIGO, by means of which the former undertakes, as the sole party responsible, to carry out the project in the event that it is finally financed, and to effective collective and individual commitments that have been detailed and made public on the platform.
OIGO and the team of expert advisors are committed to monitoring the projects promoted by the platform and achieving their results. We place special control on a timely and responsible accountability of the promoters, which above all focuses on the achievements committed by the financed projects and the correct investment of resources.
However, OIGO is not responsible for the compliance or non-compliance in the development of the project by the promoters.
In the case of closed or private campaigns, a contract is signed between OIGO and the matcher so that the latter is the one who monitors the projects to achieve the results.
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Contributing on the web platform oigo.aroyi.org makes possible the execution of projects that benefit all of us, especially entrepreneurs and small producers in Ecuador. There are no tax deductions according to the current tax legislation in Ecuador.
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OIGO may issue a certificate of value for the donation received, in relation to the project(s) to which the donor chooses to contribute.
The promoter may also issue a certificate to the donor for the amount of donation received, before deductions for use of the platform and costs of using the credit card financial system.
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Yes, the oigo.aroyi.org platform has a multi-currency display system. On the one hand, from your user panel you can choose a default currency to view project information on oigo.aroyi.org; and, on the other hand, you can select the currency in which you want to donate when making the transaction.
However, please note that we handle all donations in US dollars, at the conversion rate of the day the transaction is made.
Matchfunding
Workshops
Virtual wallet