Invest4Justice: The Only Peer-To-Peer Litigation Crowdfunding Network
On the day that Invest4Justice announced that it was opening to all potential litigants, a new website named Lexshares, which had obtained funding in September 2014, sent out a press release calling itself a crowdfunding website. We are doubtful the timing was a coincidence. It is unclear whether the website was created independently, or merely copied Invest4Justice’s idea which had been many months in preparation and had been online since February 2014 in its alpha version, but this matters little, as long as litigation crowdfunding remains a tool to enable access to justice to the many who could not previously obtain it. Unfortunately, only Invest4Justice puts litigants first and does not try to profit from them.
Invest4Justice is the only true peer-to-peer litigation crowdfunding website to exist, whose goal is to use market-based mechanisms to enable access to justice, globally, since the legal system is too expensive. Rather than taking a percentage of the compensation that is to be earned by litigants or investors, it is a non-profit that operates on a traditional crowdfunding model, taking a maximum of 4% of the revenue that is generated to pay for litigation, which is then reinvested into worthy legal disputes promoting basic human rights, globally.
Its competitor previously indicated that it took a 20% interest in each case, making it a much worse deal for litigants, as well as investors, who keep less of their proceeds. Invest4Justice does not take a cut of the litigant’s or the investor’s remuneration, allowing both investors and litigants better returns. Invest4Justice, created by Harvard grads, lawyers and a former Peace Corps Volunteer, has the goal of helping those who are having a hard time paying the exorbitant costs of litigation, not profiting from victims.
Unlike its rival, Invest4Justice does not have any minimum size dispute, does not allow only certain classes of investors, and it does not cater only to users in the United States where punitive damages can be the largest. Invest4Justice also allows both plaintiffs and defendants to raise funds, and it promotes donations to lawsuits of social interest and those that promote human rights, rather than just lawsuits that can earn the most damages.
In short, if you are considering using litigation crowdfunding to pay for your legal dispute, which we encourage if you would prefer to spend your money investing in your business or paying for your family, please know that Invest4Justice has no ulterior motives and will not attempt to profit from you. You will also get the best returns as an investor, since Invest4Justice permits true litigation crowdfunding, whose goal is simply to make the world a bit fairer of a place.
Please contact us at contact@invest4justice.com if you would like to learn more about this revolutionary new tool, which we are certain will enable access to justice to thousands of litigants throughout the world over the years to come.
Invest4Justice: The Only Peer-To-Peer Litigation Crowdfunding Network
No comments:
Post a Comment