Kreytor.org is owned by the company Creators Node – Independent Creators Network Inc., also operates under the business name Kreytor. (Kreytor, Kreytor.org, or Creators Node refers to the company or its business operating name) The website is an open ended platform allowing Creators freedom to showcase or sell their work and raise funds for their project the way they see fit. Kreytor.org is designed to be a low cost fundings portal direct from Patrons to Creatives. Creators can also provide links to any of their social media and personal website to allow patrons to easily connect with them.

Kreytor.org is founded by independent artists who were seeking a cost-effective platform to raise funds and showcase their work. While we are not a non-profit organization, we strive to keep our overhead cost low and adopt a volume sales business model. Fees are just minimal to meet operating cost. Success from increased volume sales as our business grows will be used toward providing tools to help the Creatives, or towards promoting their works. We believe Creatives should get most of the funds and not just a small percentage share of the revenues as some traditional platforms tend to do.

All types of creative works or projects could be showcased or funded through Kreytor.org. Some of these includes:

– Moving Arts (e.g. videos, films, play/theatre, dance, animated effects & models, stock footage)

– Still & Written Arts (e.g. books & literature, photography, paintings, sculpture crafts, stock images)

– Apps & Games (e.g. productivity apps, games, software development)

– Music & Sounds (e.g. sound effects, soundtracks, various genre of music)

– Projects & Research (e.g. scientific research such as life or social sciences, Do-It-Yourself/DIY/Makers projects, academics and tutorials)

– Civic (e.g. personal goals projects, public service projects including journalism and charity)

 

If your work does not fall under one of the main categories, choose the closest category. E.g. Culinary arts can be put under “Still & Written Arts”.

 

Basically any creative or innovative project and work your imagination can dream of.

 

Please see our Fee Schedule at “Payment Options” page (link at footer section of the website below). We aim to keep our cost low to provide maximum benefit to Creators and ensure Funders get their money's worth. We strive to offer the lowest cost crowdfunding platform on the planet and to become the best crowdfunding and showcasing site. We provide payment options with low per transaction fee rather than the punitive percentage charge on top of platform / service fees that reduces the much needed funds for Creators.

Currently, only Canadian and U.S. users can crowdfund projects or receive donations as Creatives.

 

Creators Node / Kreytor might approve other users outside Canada and the U.S. on a case by case basis and might add more supported countries in the future. You must have a bank account or an account at a financial institution to receive funds or donations. Additional identification might be requested for security purposes and to meet financial regulations and laws.

 

Any registered user could share completed works as long as they own the rights or have the appropriate license and authorization to do so.

No. Kreytor does not investigate or verify the work or skills of Creators, and what users post and curate on the site. Just as you would not buy anything from a market without examining the product and asking questions, you should not donate until you learn more about the Creator and ask him/her about any concerns and questions that you might have. Anyone who wants to file a report or claim about a campaign or curated work can do so as per the our Terms of Use. All donations and payments are final and are between the Creator and the Patron/Payor.

Kreytor offers the option for a Creator to receive funds even if they have not reached their stated goal. In the spirit of transparency and accountability, we encourage the Creator to state any risk and a justification explaining how they intend to cover any shortfall. This will give Patrons more tools to judge whether to support the project or not. The Funder's responsibilities, as outlined in the Terms of Use still apply.

No. Kreytor prohibits Creators from offering equity or a share of profits as incentives. Creators can only offer perks, which are usually souvenir or token to show their appreciation. Kreytor crowdfunding uses a donation model only and does not support Equity Crowdfunding.

The Creators can offer anything as perks to show appreciation or encourage patrons to fund their projects. Subject to restrictions as stated in the Terms of Use. The key is to offer value added service. For example, a musician can offer a Flac format digital download, a videographer can offer a higher quality version of their media for commercial footage use, an artist can provide add-in personalized greetings to their media or products, or a Creator can offer customized merchandize. Don’t forget to account for shipping costs if offering physical items that have to be delivered to your patrons. Perks cannot be a share of profit or monetary.

We accept U.S. dollars and Canadian dollars. Creators select the currency they would like to receive, and any donation from the users will be converted to that currency prior to being transferred to the Creator. Exchange rate used will be whatever our payment processor rate is at the time of the transfer. Conditions are listed at our Fee schedule (“Payment Options” page - link at footer below).

No. The funders billing statement will show Creators Node, as all funding and donations are processed as part of the users bill with Creators Node. But all transactions are final and any post-sales issues are between the Funders and Creators.  

Funds from credit card payment could be held for about 30 days or until security check are completed. Additional identity check might be required to expedite receipt of an artistic work, rewards / perks, or products.

For credit card payment, charges are processed by the credit card processing company directly, soon after it is submitted online. Offline payments (such as Telpay, Online bank bill payment, Creator's Bitcoin or other manual method) have to be completed manually by the donor or funder as soon as possible after checking out their Cart.

You are free to use a pseudonym. However, to receive funds through crowdfunding or donation to Creatives, you will be asked to provide your personal information and we might contact you to request additional information for verification purposes to prevent fraud, and to satisfy anti-money laundering and related laws. Funders giving large amounts (e.g. ~ $10,000, or amounts determined during security review) might also be contacted for similar purposes.

Consult Canada Revenue Agency or appropriate tax agency in your jurisdiction. Normally, crowdfunded amounts after expenses have to be reported as income. Refer to applicable laws in your area.

No, we don't sell gift cards. However, a Creatives project owner can offer tickets, gift card, or their own products as a perk / reward. Don't forget to account for shipping cost if you need to mail the item out.