Discover the Latest Enhancements in Development Project Investments! Our newest update introduces more attractive terms, allowing accruals to start immediately after investment, regardless of whether the minimum goal is reached. Learn how these changes benefit you, whether you invest before or after the Early Interest Accrual goal. Get detailed insights into various investment scenarios and understand how your investment status is affected. Stay ahead in the investment game with our comprehensive guide!
We've enhanced the terms of our Development Projects to make them even more appealing!
Key Updates:
Accruals now begin immediately after you invest, before the Minimum Goal is reached.
If a project doesn't meet its Minimum Goal, it will still be launched.
Investments made before reaching the Minimum Goal will be displayed under "My Investments."
Understanding Investment in Bullet Projects
Fundamentals:
A project commences either upon reaching its anticipated main investment amount or when the investment collection deadline arrives.
The 'Minimum Goal' is now termed 'Early Interest Accrual.' From this point, investors earn preferential interest from their investment date, not the project's start date.
Let's go through the new terms together based on example.
Example Project:
Target: $100,000.00
Early Interest Accrual: $50,000.00
Deadline: 11/10/2023
Scenarios:
Investing Before Early Interest Accrual:
Date: 11/06/2023
Outcome: Interest accrues from the investment date (11/06/2023). Investment status immediately changes to 'Invested,' not 'Frozen.'
Investing Before Early Interest Accrual, But Goal Not Met by Deadline:
Date: 11/06/2023
Outcome: Interest accrues from investment date (11/06/2023). The project starts on the deadline date (11/10/2023). Investment status is 'Invested.'
Investing After Early Interest Accrual, Goal Achieved:
Date: 11/06/2023, Goal Met on 11/08/2023
Outcome: Investment enters 'Frozen' status. Interest accrual starts from the goal achievement date (11/08/2023). Project starts on 11/08/2023, and investment status changes to 'Invested' from that date.
Investing After Early Interest Accrual, Goal Not Met:
Date: 11/06/2023
Outcome: Investment enters 'Frozen' status. Interest accrues from the deadline date (11/10/2023). The project starts on the deadline date, and the investment status changes to 'Invested' from then.