At ZEQUS we have set up some rules that determine how the whole platform works (think Stretch Funding, Setting Targets, Offering Rewards, No Commission, Max 55 Days). With being different come some questions!
We have already covered the question WHY DO I NEED TO OFFER REWARDS, as opposed to just asking people to donate in support of what you are doing.
The next question is WHY ARE CAMPAIGNS ONLY ALLOWED TO FUNDRAISE FOR A MAXIMUM OF 55 DAYS? In this post we are going to show that regardless of how much money you are trying to raise, there really is no excuse to have your fundraising campaign go over 30 days. In fact if you go above 40 days, you run the risk of your campaign becoming stale, becoming a waste of time.
Remember on ZEQUS that you only receive the funds at the end of your campaign (of if it is for charity, then the charity only receives the money at the end of the campaign). So the further away you set your deadline, the longer you will have to wait for your money. However, this is not the big problem with fundraising for longer than 30 days!