DreamBank Update

Comments 5 by Rebecca Bollwitt

Photo credit:
Darren Barefoot on Flickr

With Blogathon 2008 behind us and next year’s effort ahead of us (for which we’ve already got some better pledging technologies in the works) it’s time to revisit a slightly more selfish cause.

I currently have a DreamBank profile setup to help me get to Blog World in Las Vegas this September. My goal is to take my hyper-local blogging on the road to the world’s largest conference of its kind. I’m using DreamBank since it harnesses the power of social media and combines it with contributing to excellent established non-profits.

If you choose to sponsor my Blog World dream your funds will also help support Save The Children. I know some folks who are using it as a wedding registry, some who are simply saving up for big ticket items they cannot afford themselves, or others who are using it simply as a wish list. You can sign up for your own “dream”, by entering your wish item or cause on DreamBank.

I am currently at 33% of my goal, thank you to everyone who has contributed so far.

5 Comments  —  Comments Are Closed

  1. RaulMonday, August 4th, 2008 — 11:21pm PDT

    Yay! 33% – that’s AWESOME! 🙂

  2. DarrenTuesday, August 5th, 2008 — 9:15am PDT

    So far so good–we’ll get you there. Thanks for the update.

  3. Barbara DodukTuesday, August 5th, 2008 — 4:12pm PDT

    OUCH – Contributors pay $2.25 CAD transaction fee on each contribution !

    And then Dreamers pay a 2.5% cash-in fee on dream fund total. So for you if you raise $750 you have to pay $18.75 to get your money.


  4. Dawn Bowles-DreamBankFriday, August 8th, 2008 — 3:28pm PDT

    Hi Barbara,

    Sorry I’m a bit behind in responding but didn’t want to let it pass so better late than never..

    About your concerns re our fees. Just to clarify;

    Providing safe and secure payment through PayPal is not the cheapest way to go but to our knowledge, it’s the safest. If you look around, you’ll see that we’ve negotiated some pretty good rates for our Dreamers and Contributors. We want to make it safe and easy for people to contribute and receive their funds no matter where they are in the world. We spread the fees over the Contributors and the Dreamers because both receive a service by using DreamBank. (easy shopping, collaborative funding of a dream)

    We try to be very transparent about the costs: We list our fees everywhere on the site. Here’s the link to our fees section: http://dreambank.org/about_us.php?page=13. That way you ave all the info and you can decide if there is value for you to use DreamBank. We are seeing more and more Dreams posted each day so it seems people do feel the service is worth the cost.

    Hope that helps a bit and thanks for your feedback!


  5. Dawn Bowles-DreamBankFriday, August 8th, 2008 — 3:35pm PDT

    Hi Rebecca, Thanks for the update too. I see you are now at 38% and counting. Go go go!

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