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Sponzu

Social Cause Marketing Community

Published 01/07/2011 and rated

3 out of 5 stars by AppAppeal Editor

What can you use the app for?

Sponzu helps individuals receive the funding they need to turn an idea into a reality. This seems to be a popular approach to getting things done on the internet. It’s not very surprising considering just how many over night successes there have been because of the internet and a simple yet innovative idea. The way Sponzu works is by allowing users to submit their ideas, which go through an approval process. If accepted, the idea is posted on the site. Supporters of the idea can watch a short video which earns the idea revenue. The more supporters that watch the video, the more money the idea and its creator earn until it is funded and put into action. The application is still in beta but offers a twist on the standard donation. Sponzu also remains committed to keeping the process as simple as possible. The site claims to offer a platform that gives almost any kind of idea a chance, even if it may seem small or insignificant.

What is the history and popularity of the app?

Sponzu was created in 2010. The concept was based on the idea that all ideas should be encouraged, even if they seem insignificant or unrealistic. Sponzu is designed to help people realize just how much they can do without an enormous capital investment. The team has also created Sponzu to be the first non-cash crowd funding platform.

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What are the differences to other apps?

The main aspect of Sponzu that makes it unique is the way idea creators earn funds on the site. There are man similar sites out there that allow users to purchase credits that are then donated, or to donate straight cash, to an idea. Sponzu requires no cash from the supporter of an idea. They donate money simply by donating their time to watch a short video. The idea and its creator earn revenue and the supporter doesn’t have to spend a dime of their own money.

How does the web app look and feel to use?

The Sponzu website users a unique green color scheme highlighted by the contrast of a light grey background. The stylish, modern logo draws users in to this innovative concept for earning cash for an idea. The site is easy to navigate as well. Users can quickly jump from one area to the next using the clean navigational tabs across the top of the homepage. Users can search for ideas o ruse tags to see what popular ideas are out there already.

How does the registration process work?

A new user can become a Sponzu user by clicking on the blue Facebook login button at the top right hand corner of the homepage. A green “Register” link is also available in the same corner for users who prefer to go the traditional route. The form is kept very simple. Users are asked to enter a username, email address, password and age. After checking the terms of use agreement box, the user can submit the information using the green “Register” button at the bottom of the form. Once the user has submitted their information, they can begin browsing projects or submitting their own.

What does it cost to use the application?

The Sponzu billing system is very easy to understand. Anyone can create an account for free. There are no subscription fees or other charges and no funds required for supporting an idea. After an idea is funded, Sponzu deducts a fee of 10% of the total revenue earned as its fee.

Who would you recommend the application to?

Sponzu can help many people realize their goals and make their ideas come to life. Sites like Sponzu are a great thing because they let individuals with little to no financial resources work on an idea that could become huge.

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