Crowdfunding Terms & Conditions
These terms and conditions ("Terms") govern your use of the crowdfunding services provided by Ravik Foundation's platform ("Platform") for campaign creators and donors. By using the Platform, you agree to comply with these Terms.
Campaign Fundraising and Fees:
Campaign Creation:
Campaign creators can create fundraising campaigns for various causes and projects.
Campaign details must be accurate and transparent. Misleading information may lead to the campaign's removal.
Fees Deduction:
Ravik Foundation deducts a percentage-based fee from the total funds raised to cover campaign advertising, payment gateway, and platform expenses.
The deduction can range from 15% up to 25% of the total funds raised, depending on the specific campaign and the nature of the project.
The exact fee percentage will be communicated to the campaign creator during the campaign setup process.
Use of Funds:
Funds raised, after deducting fees, will be used for the purposes stated in the campaign description.
Campaign creators are responsible for using the funds as described. Any misuse may result in legal action.
Donations and Payments:
Donations:
Donors contribute to campaigns based on their own discretion and belief in the cause.
Donations are non-refundable unless explicitly specified by the campaign creator.
Payment Processing:
Payments are processed through secure payment gateways.
Donors are responsible for ensuring the accuracy of their payment information.
Campaign Content and Communication:
Content Accuracy:
Campaign creators are responsible for providing accurate and honest information about their campaigns.
Ravik Foundation does not endorse or verify the accuracy of campaign details.
Communication:
Campaign creators are responsible for communicating with donors regarding campaign updates, progress, and project completion.
Intellectual Property:
Ownership:
Campaign creators retain ownership of the content they upload to the Platform, including text, images, videos, and other media.
License:
By uploading content, campaign creators grant Ravik Foundation a non-exclusive license to use, display, and promote the content in connection with the campaign.
Indemnification:
Liability:
Campaign creators agree to indemnify and hold Ravik Foundation harmless from any claims, damages, losses, or liabilities arising from their campaigns.
Modification and Termination:
Changes:
Ravik Foundation reserves the right to modify these Terms at any time. Updated Terms will be posted on the Platform.
Termination:
Ravik Foundation reserves the right to suspend or terminate campaigns or user accounts that violate these Terms.
Please review these terms carefully before using the Platform. By creating campaigns or making donations, you agree to abide by these terms. If you do not agree with any part of these terms, please refrain from using the Platform.