User:Duygu Tarhan/sandbox

Fongogo (www.fongogo.com) offers individuals, companies and NGOs, a marketplace to fundraise, seek feedback, marketing and pre-sell products/services. Fongogo is where projects get started by the crowd, a concept generally known as crowdfunding. It is an alternative, or a complementary, way of sourcing funds with additional benefits that include seeking proof of concept and creating awareness. Project creators post their projects on Fongogo. Contributors allocate funds, small or large, to their project of choice, for which they receive rewards, and/or recognition, in return. Both creators and contributors have access to tools that allow them to promote their projects on social media networks such as Facebook/Twitter/LinkedIn, which creates a viral effect and increases success. Fongogo is a Turkish registered company in Istanbul with an active team. To increase impact, the company works with Ambassadors and Advisors. Ambassadors are ambitious individuals who support project creators and assist them in introducing the crowdfunding concept to the general public, particularly those who are active social media users (Turkey is ranked among the top 10 countries in the world for Facebook usage). Fongogo also collaborates with partners such as NGOs, incubators and angel networks. These partnerships help project sourcing and benefit project creators who are introduced to relevant services and support networks.