FAQs for Crowd Profit Sharing

Crowdfunding and Crowd Profit Sharing share the commonality of raising funds from a crowd of individuals, but their key differences lie in the nature of the transactions and the returns contributors receive:

1. Funding Purpose:

• Crowdfunding: In crowdfunding, contributors provide financial support for a project, cause, or business. These backers typically receive rewards, products, or services related to the project but don’t usually expect financial returns or ownership.
• Crowd Profit Sharing: In Crowd Profit Sharing, contributors not only provide funding but also share in the financial success of the funded projects. It involves a profit-sharing model where contributors become stakeholders and receive a portion of the profits generated by the projects they support.

2. Returns on Investment:

• Crowdfunding: Backers in traditional crowdfunding campaigns receive non-financial rewards, such as the product being funded, exclusive perks, or acknowledgments.
• Crowd Profit Sharing: Contributors in Crowd Profit Sharing participate in profit-sharing. If the funded project generates profits, a portion of those profits is distributed among the contributors, allowing them to benefit financially from the success of the ventures they support.

3. Ownership and Participation:

• Crowdfunding: Contributors usually don’t acquire ownership or equity in the project or business they support. Their involvement is typically limited to the rewards associated with their contribution.
• Crowd Profit Sharing: Contributors become stakeholders in the projects, holding a financial interest in their success. This model fosters a sense of shared ownership and aligns the interests of backers with the profitability of the ventures.

In essence, while crowdfunding focuses on supporting projects with non-financial rewards, Crowd Profit Sharing emphasizes financial participation, allowing contributors to share in the economic success of the ventures they fund.

No, we do not provide loans.
Instead, we offer entrepreneurs the opportunity to showcase their business ideas within the Crowd Profit Sharing network. We assist in developing an action plan aligned with the global Sustainable Development Goals. Collaboratively, we engage in marketing your business idea. The partnership involves entrepreneurs and us working together to connect with individuals interested in backing or funding projects like yours. In return, you would offer them rewards, incentives, or shares in your project. Additionally, we explore how backers could provide valuable assistance to your venture, such as volunteering at your venture to aid in its establishment.

We suggest you to do a readiness check by filling out our online form so that we can discuss the options.

The online farm is accessible at: https://www.marlinyard.org/crowd-profit-sharing-program-entrepreneur/

Join as an individual or business member, choose a membership plan, and engage with the various initiatives offered, such as SENG App, the Eco Shares Program and Caribbean Eco Token (CARET).

Enjoy benefits such as exclusive discounts, priority partnerships, recognition as contributors, and access to educational programs and community events.

Revenue is generated through providing educational programs, membership fees, transaction fees, partnerships, investment returns, fees for specific programs like the Eco Shares Program, and other funding sources.

For Entrepreneurs to secure funding or Impact Investors to participate in Crowd Profit Sharing, please follow the following steps.

1. Begin by understanding what the Crowd Profit Sharing Program offers, and by reviewing our FAQs and Terms and Conditions. This info can be found at our website under the subject Crowd Profit Sharing. Or go directly to Crowd Profit Sharing – Stichting Marlin Yard.
2. For entrepreneurs seeking funds, complete the CPS Entrepreneur Readiness Check online form. Or go directly to this link: https://www.marlinyard.org/crowd-profit-sharing-program-entrepreneur/. Once this form is received you will be contacted to discuss a plan of action based on your business needs.
3. Entrepreneurs and Impact Investors must register as members to access the Crowd Profit Sharing network. Explore membership packages HERE. Or go to the link CPS Members.
4. Once membership is approved, entrepreneurs can present their business ideas within the Crowd Profit Sharing network, seeking support for sustainable development projects. Impact Investors can choose to become financial backers and explore funding opportunities.
5. The Crowd Profit Sharing program collaborates with entrepreneurs to market their business ideas and secure funds to fulfill their business needs.

Yes, participants can join as Investment Participants or Entrepreneurs Seeking Funds, each with distinct roles in supporting and contributing to community development.

By becoming a member, engaging in Crowd Profit Sharing initiatives, and choosing membership plans that align with your commitment to community development and profit sharing.

Membership fees cover access to information, updates, exclusive benefits, and participation in community events. Fees vary based on the chosen membership plan.

Members can access the Crowd Profit Sharing (CPS) Dashboard once their membership is processed, providing a centralized platform for updates, information, and engagement.

Yes, businesses and organizations can join as members, supporting the foundation’s mission and engaging in initiatives that align with their values.

We apply the Flexible Funding concept. In contrast to certain platforms we offer flexible funding where the project receives the funds raised, even if the goal is not met. However, this may impact the project’s ability to fully implement its plans, and the creators might need to adjust their scope or find alternative sources of funding.

Different Funding or Investment Levels are:

1. Seed-Level Backer – Backing amount: US$ 150 – US$ 249
2. Sapling-Level Backer – Backing amount: US$ 250 – US$ 349
3. Forest-Level Backer – Backing amount: US$ 350 – US$ 449
4. Earth Guardian Backer – Backing amount: US$ 450 – US$ 549

Note:

Certain projects offer Eco Shares as part of the Crowd Profit Sharing initiative, allowing backers to engage in the Eco Shares Program. Within this program, backers have the following options:

Eco Shares Entry Level 4 – Ambassador – Backing amount: US$ 450 – US$ 549

Eco Shares Entry Level 5 – Patron – Backing amount: US$ 550 – US$ 649

Eco Shares Snapshot

Contribute funds to invest in projects and acquire Eco Shares. Benefit from profit sharing, reinvest for savings, and enjoy perks such as discounts, courses, and facility access. These Eco Shares boast ROI estimates ranging from 1% to 9% with a growth estimate of 1% to 3%< within 3 years.

More info: Eco Shares Program – Stichting Marlin Yard

Absolutely, backers can expect enticing rewards or incentives corresponding to their selected funding or investment levels. The nature of these perks depends on the specifics of the project and what the campaign creator has designed to express gratitude for backers’ support.

Find the backers levels explained in the next Q & A’s.

Plant the initial seed with a minimum investment and enjoy exclusive early-access updates, along with a digital “Green Horizons Supporter” badge.

Backing amount: US$ 150 – US$ 249

Description:

Becoming a Seed-Level Backer involves planting the foundational seed of support in a fundraising or investment campaign. By making a minimum contribution, backers at this level receive exclusive early-access updates and a digital badge, such as the “Green Horizons Supporter” badge, as a token of appreciation.

A Seed-Level Backer plays a crucial role by offering foundational support to help this project take root and grow. In return for your early commitment, you gain early insights into project developments and receive a symbolic badge recognizing your support.

To further enhance the engagement and appreciation for Seed-Level Backers, you receive:

1. Exclusive Digital Content: Access behind-the-scenes videos, project insights, or downloadable resources related to the initiative.
2. Early Product Access: Enjoy early access to the project by receiving an invitation to visit the plantation site before it’s available to the public.
3. Limited Edition Merchandise: Receive exclusive branded merchandise.
4. Support for Family and Friends: Whether you reside in Caribbean or elsewhere, supporting your family and friends by subscribing to an allotment grants them the chance to cultivate their own food. As a gesture of appreciation, you’ll be granted VIP status, securing a membership for your loved ones.
5. VIP Status: Special recognition through virtual events and/or Q&A sessions.

Take root with a more substantial investment and enjoy personalized recognition on our website, along with a virtual tour of one of our active projects.

Backing amount: US$ 250 – US$ 349

Description:

Becoming a Sapling-Level Backer involves deepening your support by making a more substantial contribution to the fundraising or investment campaign. Backers at this level receive personalized recognition on our website and an exclusive virtual tour of one of our active projects.

A Sapling-Level Backer plays a crucial role in providing essential support for the project to grow and thrive. In appreciation of your increased commitment, you not only gain early insights into project developments but also receive personalized recognition.

To further enhance the engagement and appreciation for Sapling-Level Backers, you receive:

1. Exclusive Digital Content: Access behind-the-scenes videos, project insights, or downloadable resources related to the initiative.
2. Early Product Access: Enjoy early access to the project by receiving an invitation to visit the plantation site before it’s available to the public.
3. Limited Edition Merchandise: Receive exclusive branded merchandise.
4. Increased Involvement: Participants actively contributing through additional investments, referrals, or engagement may be recognized as Contributors, acknowledging their increased involvement.
5. VIP Status: Special recognition through virtual events and/or Q&A sessions.

Become a significant contributor and enjoy all previous rewards, plus a dedicated tree planted in your name in one of our afforestation projects.

Backing amount: US$ 350 – US$ 449

Description:

Becoming a Forest-Level Backer involves making a major contribution to the fundraising or investment campaign. Backers at this level receive all the rewards from previous tiers, along with the special honour of having a tree planted in their name in one of our afforestation projects.

A Forest-Level Backer plays a crucial role as a major supporter, contributing significantly to the success of the project. In appreciation of your substantial commitment, you not only gain early insights into project developments but also receive a unique recognition through a dedicated tree in your name.

To further enhance the engagement and appreciation for Forest-Level Backers, you receive:

1. Exclusive Digital Content: Access behind-the-scenes videos, project insights, or downloadable resources related to the initiative.
2. Early Product Access: Enjoy early access to the project by receiving an invitation to visit the plantation site before it’s available to the public.
3. Limited Edition Merchandise: Receive exclusive branded merchandise.
4. Increased Involvement: Participants actively contributing through additional investments, referrals, or engagement may be recognized as Contributors, acknowledging their increased involvement.
5. Dedicated Tree in Your Name: Enjoy the special honour of having a tree planted in your name in one of our afforestation projects.
6. VIP Status: Special recognition through virtual events and/or Q&A sessions.

For our most committed backers, receive VIP invitations to on-site project visits, private consultations with our sustainability experts, and the opportunity to name a future project!

Backing amount: US$ 450 – US$ 549

Description:

Becoming an Earth Guardian Backer signifies a high level of commitment to the fundraising or investment campaign. Backers at this level receive exclusive rewards, including VIP invitations to on-site project visits, private consultations with sustainability experts, and the unique opportunity to name a future project.

An Earth Guardian Backer is a highly committed individual who demonstrates a strong dedication to the success of the project. In appreciation of your exceptional commitment, you not only gain early insights into project developments but also receive exclusive privileges such as VIP on-site visits and private consultations.

To further enhance the engagement and appreciation for Earth Guardian Backers, you receive:

1. Exclusive Digital Content: Access behind-the-scenes videos, project insights, or downloadable resources related to the initiative.
2. Early Product Access: Enjoy early access to the project by receiving an invitation to visit the plantation site before it’s available to the public.
3. Limited Edition Merchandise: Receive exclusive branded merchandise.
4. Increased Involvement: Participants actively contributing through additional investments, referrals, or engagement may be recognized as Contributors, acknowledging their increased involvement.
5. VIP On-Site Visits: Receive VIP invitations to on-site project visits, providing an exclusive and firsthand experience of the project’s impact.
6. Private Consultations: Enjoy private consultations with sustainability experts, gaining deeper insights into the project’s environmental impact.
7. Name a Future Project: Have the unique opportunity to name a future project, leaving a lasting mark on the initiatives supported.

This position is equivalent to Level 4 of the Eco Shares Program

Note:

Certain projects offer Eco Shares as part of the Crowd Profit Sharing initiative, allowing backers to engage in the Eco Shares Program. Within this program, backers have the option to enter the Eco Shares Entry Level:

Entry Level 4 – Ambassador – Backing amount: US$ 450 – US$ 549

For our most committed backers, receive VIP invitations to on-site project visits, private consultations with our sustainability experts, and the opportunity to name a future project! Ambassadors are highly engaged individuals who play a significant role in promoting and representing the Eco Shares program. They may have additional responsibilities, such as organizing events or serving as community leaders.

Equals 4 x Eco Shares.

Eco Shares Snapshot

Contribute funds to invest in projects and acquire Eco Shares. Benefit from profit sharing, reinvest for savings, and enjoy perks such as discounts, courses, and facility access. These Eco Shares boast ROI estimates ranging from 1% to 9% with a growth estimate of 1% to 3%< within 3 years.

More info: Eco Shares Program – Stichting Marlin Yard

Note:

Certain projects offer Eco Shares as part of the Crowd Profit Sharing initiative, allowing backers to engage in the Eco Shares Program. Within this program, backers have the following option:

Entry Level 4 – Ambassador

For our most committed backers, receive VIP invitations to on-site project visits, private consultations with our sustainability experts, and the opportunity to name a future project! Ambassadors are highly engaged individuals who play a significant role in promoting and representing the Eco Shares program. They may have additional responsibilities, such as organizing events or serving as community leaders.

Backing amount: US$ 450 – US$ 549

Eco Shares: 4

Description:

Our Ambassador tier is tailored for our most devoted backers, offering a host of exclusive benefits that reflect your commitment to sustainable initiatives. By backing at this level, you not only acquire 4 Eco Shares but also gain access to a spectrum of VIP privileges.

1. VIP Invitations to On-site Project Visits. As an Ambassador, you receive special invitations to visit our projects on-site, granting you a firsthand experience of the impact your support is creating. Witness sustainability in action and connect with the heart of our initiatives.
2. Private Consultations with Sustainability Experts. Engage in one-on-one consultations with our team of sustainability experts. Gain insights into the intricacies of our projects, understand the eco-friendly practices we implement, and receive personalized advice on how you can contribute to a greener world.
3. Opportunity to Name a Future Project. Leave a lasting mark on our journey towards sustainability by naming a future project. Your creativity and commitment will be immortalized as we showcase your chosen name, recognizing your pivotal role in shaping the future of eco-friendly endeavours.
4. Community Engagement and Leadership. Ambassadors are not just backers; they are integral members of our community. With the potential for additional responsibilities, such as organizing events or serving as community leaders, Ambassadors actively contribute to the growth and promotion of the Eco Shares program.
5. Recognition and Representation. As an Ambassador, your dedication is acknowledged and celebrated. Enjoy being prominently featured in our communications, acknowledging your pivotal role in championing sustainable practices. Your commitment serves as an inspiration to others, creating a ripple effect of positive change.

By choosing the Ambassador tier, you are not merely supporting our cause; you are becoming a driving force behind the transformative impact of Eco Shares. Join us in shaping a sustainable future, one Eco Share at a time.

Eco Shares Snapshot

Contribute funds to invest in projects and acquire Eco Shares. Benefit from profit sharing, reinvest for savings, and enjoy perks such as discounts, courses, and facility access. These Eco Shares boast ROI estimates ranging from 1% to 9% with a growth estimate of 1% to 3%< within 3 years.

More info: Eco Shares Program – Stichting Marlin Yard

Certain projects offer Eco Shares as part of the Crowd Profit Sharing initiative, allowing backers to engage in the Eco Shares Program. Within this program, backers have the following option:

Eco Shares Entry Level 5 – Patron

For those who go above and beyond, contributing substantial resources, expertise, or support to Crowd Profit Sharing and the Eco Shares program. This level could be reserved for major investors, strategic partners, or influential supporters.

Backing amount: US$ 550 – US$ 649

Eco Shares: 5

Description:

As a distinguished Patron of Crowd Profit Sharing and the Eco Shares program, your substantial contribution comes with exclusive rewards and benefits, showcasing our deepest gratitude for your exceptional support. Here’s what you can look forward to:

1. Significant Impact: Your substantial resources, expertise, or support make a profound impact on the success and growth of our sustainable initiatives. You become a key player in driving positive change in Caribbean.
2. 5 x Eco Shares: Enjoy the benefits of holding 5 Eco Shares, representing your substantial commitment to our mission and projects. These Eco Shares offer the potential for a return on investment (ROI) and contribute to the long-term sustainability of our initiatives.
3. Recognition and Appreciation: Receive special recognition for your role as a distinguished Patron. Your name or organization may be prominently featured in our communications, acknowledging your vital contribution to the Eco Shares program.
4. Exclusive Updates: Stay informed and engaged with exclusive updates on the progress and impact of the projects you support. Gain insights into how your contribution is making a difference in fostering sustainability and community development.
5. Collaborative Opportunities: Explore potential collaboration opportunities with our team. We welcome discussions on how we can align our initiatives with your goals and further enhance the positive outcomes of our sustainable projects.
6. Invitations to Special Events: Receive VIP invitations to exclusive events, including project launches, sustainability forums, and other gatherings. Connect with like-minded individuals, experts, and influencers who share a passion for sustainability.
7. Customized Engagement: Enjoy a personalized and collaborative engagement experience. We value your input, and your ideas and feedback will be considered as we shape the future of our sustainable initiatives.

Your role as a Patron is instrumental in advancing our mission, and we are committed to ensuring that your contributions are recognized, valued, and celebrated. Thank you for being a driving force behind the positive change we aspire to create in the Caribbean.

Eco Shares Snapshot

Contribute funds to invest in projects and acquire Eco Shares. Benefit from profit sharing, reinvest for savings, and enjoy perks such as discounts, courses, and facility access. These Eco Shares boast ROI estimates ranging from 1% to 9% with a growth estimate of 1% to 3%< within 3 years.

More info: Eco Shares Program – Stichting Marlin Yard

Yes, there is a timeline for the project completion. The specific details can be found in the project description or updates provided by the campaign creator.

Typically, perks and incentives associated with backing a profit-sharing project are offered to individuals or entities while they are actively participating or supporting the project. Once the backing period is over or if you choose to no longer back the project, you may not continue to receive ongoing perks or incentives unless specified otherwise in the terms and conditions of the project. It’s important to review the project details and any agreements to understand the specific terms related to perks and incentives.

All project aligns with sustainability goals which are described in the campaign.

Absolutely! We have robust plans for ongoing updates and communication. Backers will receive regular updates on project milestones, achievements, and other developments. We believe in transparent and continuous communication to keep our supporters informed and engaged throughout the journey.

The project significantly impacts the local economy by contributing to economic growth and sustainability. Here are some key ways SDG initiatives influences the local economy:

1. Job Creation: The construction and operation of each SDG initiative generate employment opportunities for locals. From building infrastructure to managing daily activities, the project creates jobs that support livelihoods.
2. Business Opportunities: The initiative provides a platform for local vendors to showcase and sell their products and or services. This stimulates local entrepreneurship, allowing small businesses to thrive and contribute to the economic landscape.
3. Skill Development: Conducted workshops and educational programs contribute to skill development within the community. By enhancing skills related to sustainable practices, agriculture, and waste reduction, individuals gain valuable expertise.
4. Tourism Impact: A vibrant and sustainable market becomes an attraction for residents and tourists alike. This influx of visitors positively influences surrounding businesses, such as restaurants, hotels, and other services.
5. Local Produce Sales: A SDG initiative could supports local farmers and producers by offering a venue to sell their fresh produce. This promotes the consumption of locally sourced goods, supporting agricultural activities in the region.
6. Sustainable Practices: The project’s commitment to eco-friendly practices, renewable energy sources, and waste reduction contributes to a more sustainable local economy. It sets an example for responsible consumption and production.

The project envisions a sustainable and inclusive financial landscape, striving for economic empowerment and community resilience. In the long term, it aims to establish a robust ecosystem where individuals, particularly those in underserved regions like the Nederlands Caribisch MKB, can access tailored financial solutions. Through innovative approaches and digitalized financial methods, the project seeks to bridge financial gaps, promote local entrepreneurship, and foster economic growth. The overarching goal is to create a lasting impact by facilitating financial inclusion, reducing disparities, and contributing to the overall well-being of communities.

The Crowd Profit Sharing Program Terms and Conditions and Privacy Principles can be found [HERE].

Or on direct link: https://www.marlinyard.org/cps-tc-privacy-policy

The Late Project Reporting Fee may then be applied. Project creators may incur a charge of US$ 400.00 for late reporting, emphasizing the importance of timely and transparent financial reporting in accordance with platform guidelines. This fee is designed to promote adherence to reporting timelines and uphold accountability standards.

Yes there are. Find the fees and charges outlined hereunder.

Project Submission Fee: When submitting a project for profit-sharing consideration, project creators may encounter a nominal fee. This fee is designed to offset the administrative costs related to the review and processing of project proposals. It is integrated into the selected membership upon registration. See link: www.marlinyard.org/register.

Success Fee:  A success-based fee of 1% is applied to successfully funded projects. This fee is calculated as a percentage of the total funds raised and is deducted before profit distributions to investors. The success fee contributes to sustaining the operations of the Crowd Profit Sharing platform.

Investor Transaction Fee: Investors may be subject to a small transaction fee when participating in profit-sharing projects. This fee is deducted from the invested amount and contributes to platform maintenance and operational expenses.

Currency Conversion Fee: In cases where investments or returns involve currency conversion, a currency conversion fee may apply. This fee covers the costs associated with converting funds between different currencies.

Early Withdrawal Penalty Early Withdrawal Penalty: Investors opting to withdraw their funds prior to the completion of a profit-sharing project may face an early withdrawal penalty. This penalty is implemented to discourage untimely withdrawals and uphold the stability of ongoing projects. The penalty is set at 35% of the total invested amount.

Late Project Reporting Fee: Project creators may face a late reporting fee of US$ 400.00 if they fail to provide timely and transparent financial reporting as per platform guidelines. This fee encourages adherence to reporting timelines and maintains accountability.

Dispute Resolution Fee: Dispute Resolution Fee: In case of disagreements between investors and project creators, a fee for dispute resolution may be imposed. This fee aims to offset the expenses related to resolving disputes through the designated mechanisms of the platform.

The fee is calculated as a percentage (30%) of the disputed amount, which includes the total value of all claims, counterclaims, and set-offs. This approach allows parties to estimate arbitration costs in advance. If the disputed amount exceeds Euro € 100.000,00 the Board determines the advance on costs through a case-by-case analysis.

Customization Fees: Project creators seeking additional customization or premium features may encounter associated fees. These charges encompass the development and implementation of tailored solutions to fulfil specific project requirements. A quotation detailing labour costs will be provided for specific project needs.

Educational Resources Fee: A small portion of funds raised through fees may be allocated to developing and maintaining educational resources for users. This fee supports the provision of materials that enhance the understanding of profit-sharing concepts and best practices.

Certainly! As stated in our terms and conditions under “User Rights and Control”

Users have the right to access, rectify, or delete their personal data. The platform provides mechanisms for users to exercise these rights and offers clear instructions on how to manage their privacy settings.

Our adaptable policy ensures no rush for new supporters. After supporting a project, you’ll have a 4 working days window to retract your support without incurring any charges. Beyond the initial 4 days, a withdrawal fee may be applied to the supported amount.