👥Crowdfunding Details

Are their fees for crowdfunding through Pyrpose?

Pyrpose applies a fee on the amount raised to project developers

What exactly is crowdfunding?

Crowdfunding has been around for many years, and is a proven model to raise funds from many sources into one or several projects. With Prypose, we are able to reduce the barrier to entry by reducing the ticket size of investing so that energy transition is more accessible. Investors will earn a fixed return that is disclosed in the investment agreement.

How can I track the progress of a project?

The status of the project will be available in your profile section on Pyrpose. This will show not only the project you invested in, but the reduction in carbon emissions from the project you enables. We also like to show the benefit to the local community which usually involves a reduction in energy bills saving the tenants in the building money.

What if Pyrpose were to cease operations?

Should Pyrpose cease operations, the investment contract between investors and the project developer remain in tact. The project developer has a contract with the investor for which they are responsible for. .