COUNTDOWN is a unique global crowdfunding platform with the strictly selected challenges.
The payment process will be promptly carried out upon expiration of the Request Period of each Challenge; provided, however, that if the Total Support Amount has not reached the Target Amount as of the expiration of the Request Period, the payment of Total Support Amount will not be processed.
This does not apply to the Collaboration Challenge which is done throughout the year, where we process the payment of the Total Support Amount on the date stated on the Challenge Page even when the Challenger has not reached the Target Amount.
The terms defined in the COUNTDOWN Terms of Use on the Website shall have the same meanings in this Information Required under the Act on Specified Commercial Transactions.