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Structure:

  • Crowd Funding
    • GoFundMe
      • Approximately 8% deduction per donation
      • Withdrawals at any time 
    • KickStarter
      • Only charges donors if goal is reached
      • Pote
    • Indiegogo
      • Approximately 8-10% deduction per donation + $25 Wire Fee
  • Tiers
    • 20% of Cell - $20
    • 50% of Cell - $50
    • 1 Cell - $100
    • 3 Cell - $300
    • 5 Cell - $500
    • 1 Array - $1000  (or just call it 10 Cell if our array turns out to be much more than 10 cells)
  • Send out a thank you gift to all donators
  • Promotion
    • Posts throughout social medias
    • Website promotion
    • By "word of mouth" throughout team members and their friends/families
    • Promotional video
    • Graphics on Crowd Funding page

Action Items: 

  • Research costs of gifts
  • Sourcing gifts
  • Graphics of gifts
  • Graphics/Text on GoFundMe Page
  • Promotional Video
  • Creating the webpage for campaign

GoFundMe Page Layout:

  • Campaign video
  • Goal ($$)
    • breakdown of what each amount will help us achieve 
  • Who is Midnight Sun?
  • What is Midnight Sun XII?
  • Who benefits?
  • Technical Details about the car + (drawings, models)
  • Why Fund us?
  • Rewards
    • Tiers
      • Image
      • Description
      • Estimated Delivery 
      • Shipped to anywhere? only Canada?
  • Team Journey / story
  • Progress to Date
  • Sponsers
  • Press Coverage
  • Risks and Challenges
  • Frequently Asked Questions

Timeline: 

Winter 2017 Term:

  • Planning out the details of the campaign 

Spring 2017 Term:

  • Gathering the materials needed for campaign
    • Ordering thank you gifts if needed
    • Website work 

Fall 2017 Term:

  • Launch of campaign

Resources: 

3D Printing

  • UW 3D Print Centre - $8 per cubic inch

Magnets

Stickers

Members Involved:

Toni Li (Deactivated)Tengyue Wang (Deactivated)Ghazal Malekanian (Unlicensed)Queenie Wang (Unlicensed)Iris Chang (Unlicensed)

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