All FAQs

Developers

How do I start a project?

Click the “Start Your Project” link in the top menu.

That will take you to the page to build your project. When you provide information about you and your project you can submit it for Review. KraudMob reviews your project and either publish it or contact you to find out more details on the project.

How do I receive funds?

KraudMob uses Paypal as primary payment solution.

You must have Paypal account and e-mail address you use to register with KraudMob MUST be the same you’re using in Paypal.

When your campaign is in progress, Backers authorize KraudMob to charge their Paypal accounts if the project reaches its funding goal. If it does the funds are transferred to your Paypal account. If not, KraudMob cancels Backers authorizations. No funds are transferred until the project delivery date. 

Is a Paypal account required to launch a project?

KraudMob uses Paypal as primary payment solution.

You must have Paypal account and e-mail address you use to register with KraudMob MUST be the same you’re using in Paypal.

What can be offered as a reward?

It’s up to the Developer what rewards are offered to the Backers.

KraudMob recommends that the App itself is provided for free to all Backer although it’s not required. You should think carefully what rewards the Backers would be interested in. Below are some ideas about rewards.

  • Coins, diamonds or other virtual currency packs
  • The advanced features or artifacts of the App
  • T-Shirt with the App logo
  • Your name in the hall of fame at the Developer’s website
  • The Backer as a character in the Mobile Game

 We at KraudMob believe that the App should use “freemium” monetization approach. Generally your app should be free and engage users to pay more for additional features inside the app. This model works extremely well because you already get the loyal customers who are using your free App and they are ready to pay.

When you’re crowdfunding your app you usually offer the App for your backers for free plus some other reward. You should think ahead what other features you will offer to the backer so that they wish to pay more when using the App.

See also How to make 14 times more revenue from your Mobile App.

How do I attract Backers to my project?

Offer great rewards. Share your project link on Twitter, Facebook, e-mail your friends and colleagues.

KraudMob offers KraudMob Marketing Platform to attract more backers to your project. Once you have created a project you might decide to involve Marketers in order to get more Backers. The Developer sets the commission and shares revenue with the Marketers in return for the pledge made by a Backer. 

How do I promote my App?

When Mobile App is released to AppAtores the Developer may wish to get Marketers to drive in new users.

The Developer defines the commission for the Marketers. Every time the App is sold (for paid apps) or in-app purchase happens KraudMob Marketing Platform charges commission to the Marketer(s).  

See also How to promote your Mobile App for free.

How do Marketers promote my project and App?

Marketers use various marketing techniques, e.g. SEO, SMM, context ads and so on.

Marketers register in KraudMob Marketing Platform, pick up promo materials and generate links with tracking number. When a user downloads the App via this link, KraudMob Marketing Platform registers that the user has been led by the Marketer. When user makes a purchase, the Marketer gets its portion of the sale amount according to commission scheme defined by the Developer. 

It’s up to Marketer how they promote your App. Spam and other “black” marketing techniques are strictly prohibited. KraudMob withholds all accumulated funds if a Marketer is considered using these forbidden approaches. 

If my project is successfully funded how do I receive my money?

You must have Paypal account and e-mail address you use to register with KraudMob MUST be the same you’re using in Paypal.

When your campaign is in progress, Backers authorize KraudMob to charge their Paypal accounts if the project reaches its funding goal. If it does the funds are transferred to your Paypal account. If not, KraudMob cancels Backers authorizations. No funds are transferred until the project delivery date.