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Yoyomolo.com - On the path to reach $1.5 million in online donations in its first year
MONTREAL, March 18, 2013 /CNW Telbec/ - Yoyomolo, the most effective
peer-to-peer online donation system, has had a smashing debut. In only
six months, the new fundraising concept for everyone has distributed
over $500,000 to a variety of organizations and foundations and the
pace is accelerating.
With Yoyomolo, every dollar collected on the Web is deposited directly
into the organization's or foundation's PayPal account. As a result,
donors know that every dollar is going to the cause it has been
contributed to. Yoyomolo only collects a six percent surcharge, which
includes the PayPal or credit card transaction fees, making it one of
the most effective philanthropic funding solutions around.
Yoyomolo is different from other popular platforms in the United States
that require users to reach a specific monetary objective in a
predetermined time. If it is not reached, the money is returned to each
donor, minus administration fees. Organizations often end up
empty-handed.
"We hope to collect over $1 million over the next 12 months to help
organizations, groups, sports teams, arts collectives and foundations,
all of whom dearly need it right now, when fundraising is so tough,"
said Benoit L'Archevêque, founder and CEO of Azzimov Mobile and
co-founder of the Yoyomolo.com platform by ODE Technologies.
Yoyomolo: a platform based on a system tried and tested for years, now
available to all
Yoyomolo was built on ODE Technologies' high-performance platform. This
platform allows organizations to create as many events as they wish, on
their own, with no technological knowledge required. "We wanted to see
smaller organizations--everyone really, sports teams, cultural
activities, you name it--taking advantage of the same powerful tools the
big foundations use, via our ODE Technologies platform," said Pierre
Gagnon, president of Génération-Pub and co-founder of ODE
Technologies.
More than a simple online donation formula, Yoyomolo is proof that there
is strength in numbers.
With Yoyomolo, you can start up any number of campaigns, and create any
number of teams in each. Within each team, moreover, you can add an
unlimited number of participants--all on your own. "When we created
Yoyomolo, we wanted to reverse the pyramid so that the public could be
active in fundraising rather than leaving the job to a few individuals
who had to do all the work and collect donations," said L'Archevêque. "With Yoyomolo, every activity
is divided up among the participants themselves and their team leaders,
freeing foundations and organizations from the task and multiplying
results to a spectacular degree."
- 30 -
SOURCE Yoyomolo.com
Yoyomolo.com
CONTACT: For more information on Yoyomolo and its ODE platform: Benoit L'Archeveque
CEO of Azzimov Mobile
and co-founder of Yoyomolo.com
(514) 370-2248 extension 223 Pierre Gagnon
President of Generation-Pub
and co-founder of Yoyomolo.com
(514) 521-3300 extension 242
Yoyomolo.com - On the path to reach $1.5 million in online donations in its first year
MONTREAL, March 18, 2013 /CNW Telbec/ - Yoyomolo, the most effective
peer-to-peer online donation system, has had a smashing debut. In only
six months, the new fundraising concept for everyone has distributed
over $500,000 to a variety of organizations and foundations and the
pace is accelerating.
With Yoyomolo, every dollar collected on the Web is deposited directly
into the organization's or foundation's PayPal account. As a result,
donors know that every dollar is going to the cause it has been
contributed to. Yoyomolo only collects a six percent surcharge, which
includes the PayPal or credit card transaction fees, making it one of
the most effective philanthropic funding solutions around.
Yoyomolo is different from other popular platforms in the United States
that require users to reach a specific monetary objective in a
predetermined time. If it is not reached, the money is returned to each
donor, minus administration fees. Organizations often end up
empty-handed.
"We hope to collect over $1 million over the next 12 months to help
organizations, groups, sports teams, arts collectives and foundations,
all of whom dearly need it right now, when fundraising is so tough,"
said Benoit L'Archevêque, founder and CEO of Azzimov Mobile and
co-founder of the Yoyomolo.com platform by ODE Technologies.
Yoyomolo: a platform based on a system tried and tested for years, now
available to all
Yoyomolo was built on ODE Technologies' high-performance platform. This
platform allows organizations to create as many events as they wish, on
their own, with no technological knowledge required. "We wanted to see
smaller organizations--everyone really, sports teams, cultural
activities, you name it--taking advantage of the same powerful tools the
big foundations use, via our ODE Technologies platform," said Pierre
Gagnon, president of Génération-Pub and co-founder of ODE
Technologies.
More than a simple online donation formula, Yoyomolo is proof that there
is strength in numbers.
With Yoyomolo, you can start up any number of campaigns, and create any
number of teams in each. Within each team, moreover, you can add an
unlimited number of participants--all on your own. "When we created
Yoyomolo, we wanted to reverse the pyramid so that the public could be
active in fundraising rather than leaving the job to a few individuals
who had to do all the work and collect donations," said L'Archevêque. "With Yoyomolo, every activity
is divided up among the participants themselves and their team leaders,
freeing foundations and organizations from the task and multiplying
results to a spectacular degree."
- 30 -
SOURCE Yoyomolo.com
Yoyomolo.com
CONTACT: For more information on Yoyomolo and its ODE platform: Benoit L'Archeveque
CEO of Azzimov Mobile
and co-founder of Yoyomolo.com
(514) 370-2248 extension 223 Pierre Gagnon
President of Generation-Pub
and co-founder of Yoyomolo.com
(514) 521-3300 extension 242