8 Common Misconceptions and Facts Before Launching a Wadiz Funding Campaign
If you're new to Wadiz funding
8 Misconceptions and Truths You Must Check
Take this with you!
- Anyone can start: Business license, perfect product, and no existing fandom, anyone can start funding by just authenticating themselves.
- Low barriers to entry: Rewards are possible without necessarily physical products, and Wadiz Ai partner WAi will help you with the difficulties of your funding arrangements.
- Small capital challenge: You can pay for the production in advance with the pre-order method and the selected production service, and there is no fee or penalty burden even if you do not meet the target.
"Can someone like me do it?" and "Will this idea help fund it?" Everyone has similar concerns before they start funding.
When it comes to funding, I think there should be a big business or a great idea, and only those who are already perfectly prepared can do it. But there are actually a lot more diverse people in Wadiz than I thought, starting funding for a variety of reasons.
Wadiz funding as we know it, how far is it real? Before I started funding, I pointed out the eight most common misconceptions one by one.
📋 Misunderstanding vs Truth at a glance
| Misunderstanding | Truth |
| Do I need to have a business registration certificate? | Individuals without business registration certificates can start by just self-certifying themselves. |
| Don't you need to have fandom to succeed? | Rather, funding is more like the process of creating fandom. |
| Can I make a detailed page even though I'm not good at writing? | If you ask Wadiz AI partner WAi, please draft the story (detail page). |
| What projects can individuals open? | From profitability projects to sponsorships, fandom, and events, you can open them in a variety of forms without any restrictions. |
| Does the reward have to be a physical product? | Intangible rewards such as thank-you letters, fan meeting invitations, advice templates, and PDF materials are also available. |
| Should it be a brand new reward? | It's okay if there's a story or benefit that can only be shown in Wadiz. |
| How do I prepare for the initial production cost? | It can be arranged by using the Seonjeongsan service, which allows you to receive up to 80% of the final payment in advance. |
| Do I have to fill the insufficient amount if I don't meet the target amount? | No. If you don't meet the demand, the supporter payment will not proceed, so you don't have to pay anything for making rewards, covering the amount, using the service and the settlement fee. |
1. Funding Eligibility — "Can someone like me fund it?"
Wadiz can be started by anyone with no qualifications or conditions restrictions as long as they authenticate themselves. You don't need a business license, finished products, or fame.
Misunderstanding 1. Do I need to have a business registration certificate?
No. Anyone can start funding as long as they authenticate themselves. Even individuals who don't have a business license, such as high school students, college students, office workers, freelancers, housewives, etc., can start funding if they have an idea they want to do.
Misunderstanding 2. Don't only people who are already famous or have fandom succeed?
Fandom is not a premise of funding, but it is created through funding. Wadiz supporters participate in funding when they feel like, "This idea has to come out in the world." Even if you're not already a famous person, it's enough to have an idea that you can relate to.
In fact, unknown artist Lee Seung-gambi Maker told his honest story through a project called "Making an Album of a Ruined Singer," and he was able to create a fandom by meeting 105 supporters who sympathized with it.
Misunderstanding 3. Can I make a detailed page even though I am not good at writing?
Sure. Just enter the project information in Wadiz AI partner WAi and draft the project story.
Based on this, if you supplement what you want to convey, even those who are preparing for funding for the first time can complete the story without burden. Copy the prompt below right now and ask WAi!
[WAi prompt]
- Project and Rewards Information:
- Target Customers:
- Key Features:
- Message you want to deliver:
Based on the above, please draft a project story that supporters can relate to.
2. Funding Idea — "Will this idea be funded?"
If you're qualified, now you have a question, "Is the idea okay?" Even if it's not a completely new idea, it's enough if there's a story or benefit that can only be experienced by Wadiz.
Misunderstanding 4. What projects can non-operators individuals open?
From projects aimed at profits to sponsorships, fandom, and eventuality, you can proceed with projects without restrictions on their form. In fact, various projects were carried out in Wadiz as follows.
- [Sponsor project] Please support my mother-in-law's challenge, which was the easiest way to knit
- [Fandom Project] A small step towards the re-launch of girl group IZ*ONE
- [Birthday Project] A special birthday project to celebrate 2026's birthday with our fans
Misunderstanding 5. What exactly is a reward? Does it have to be a physical product?
Rewards are rewards that supporters receive for participating in funding. It doesn't have to be a real product. Rewards that are not shaped like thank-you letters, fan meeting invitations, advice templates, and PDF materials are also available.
For example, creator Byul, who funded his debut, provided a video call fan signing event as one of the rewards.
Misunderstanding 6. Does it have to be a whole new reward that wasn't in the world?
It's enough if you have a story or benefit that you can only experience in Wadiz. In fact, Kim Hyung-joon Maker introduced many stock investment books on the market as rewards, but the achievement rate was 8,704% with the story of "compressed 200 investment books" and the benefit of "Wadiz's exclusive pre-release."
Even similar products already on sale can be fully differentiated by adding the following factors.
- Wadiz's solo pre-release
- It's a limited edition composition with behind-the-scene stories
- Early bird benefits for supporters only
3. Funding Costs — "How do I start when I don't have money?"
Even if they have ideas, many people hesitate over funds. Wadiz is a structure that doesn't require a lot of money from the beginning, so it's a good way to challenge safely when you don't have funds.
Misunderstanding 7. I don't have the funds yet, how do I pay for the initial production?
Wadiz is a production method after pre-ordering, so you can start funding without mass production of the product first.
In addition, if the project is successful, the production cost burden can be reduced by utilizing the Seonjeongsan service, which allows you to receive up to 80% of the final payment in advance. In fact, many manufacturers are starting their first projects with small capital through this.
Misunderstanding 8. Should I cover the shortfall if I don't achieve my target amount?
No. If you don't achieve the target amount, the supporter payment itself won't proceed. The maker doesn't have to pay the shortfall, and there are no penalties or service use and settlement fees.
Even if the goal is not achieved, notification applications, support signatures, comments, and followings remain intact. It will be the real market data for the next challenge. Even if you fail, you don't lose anything, and if you succeed, you gain a lot.
4. frequently asked questions by novice makers (FAQ)
Q. What should I do first to start today?
A. First, create a project in Wadiz. The WAi of Maker Home will guide you through the necessary process from project writing to opening in order. As long as you enter the project information, it will also help you draft a story, so even the first-timers can prepare funding without any burden.
Q. Is it really possible for students or office workers who don't have a business registration card?
A. Yes, it's possible. Wadiz can participate as a maker even if you don't have a business registration certificate as long as you authenticate yourself. If you have any ideas, such as students, office workers, freelancers, anyone can start their first project.
Q. How long will it take to open the project?
A. It depends on the type of reward, but if you already have planned contents or events, you can open them for an average of 1-2 weeks. Also, it is currently operated under an AI monitoring system, so once you have the necessary preparations, you can open the project according to the schedule you want.
Q. What are the specific benefits of starting your first round of funding?
A. If you are a new maker, you can get a 30% discount on the first funding success support fee, which can reduce the initial cost burden. Find out more about the application and conditions in the first funding fee discount guide.
Q. When can I get the settlement of the amount collected through funding?
A. If the project is successfully completed, the final amount will be settled within about 7 to 11 business days after the supporter payment period. To reduce the burden of production costs for rewards, we operate a selected production service, so you can receive up to 80% of the funding before sending rewards first.
At this time, the selection calculation is automatically applied to funding or preorder projects in Korea without a separate application.
Start a small challenge from the makers and find your side
Funding, after all, is a process of gathering "strong sides of me" to support and support my ideas, not just people with great ideas.
Wadiz will be with you at the closest of all the journey so that the little challenge of the maker, who was hesitating, can make a warm change in the world. Show your own ideas right now, and meet my first side to listen to the maker!
Get 30% off commission and start your first round of funding

