How it works
COOLFUNDZ is a Mutual Aid Programme. When a
member makes a request for donation, the new
member will have ONLY 1 HOUR! to donate
twenty thousand naira to a member he is
matched. This is a one time donation.Once you
complete your donation, You will be matched
with two other members to donate same amount
you donated to you.
There are no laid down rules. Just common
sense. Don’t make donation if you don’t have
access to an online banking app, or if you are
not financially ready to make payment
immediately. There is no point in registering only
to be blocked later.
Following the common trend of cyber beggers,
we have added a purge button that our
participants can use when he/she encounters
such miscreants. Please use this button with
discretion. Ensure your downliner has declared
no interest to pay before you flush.
— THIS IS A PEER TO PEER DONATION —
NEED MORE INFORMATON?
COOLFUNDZ is a people community, which help
each other for free, and absolutely consciously,
they transfer money directly to each other i.e.
peer-to-peer, from one bank account to another,
without any conditions, guarantees and promises.
Just only because they want to do that. There is
no formal organization, no legal person in
COOLFUNDZ. And of course there is no central
bank account, no other activity in any form.
Neither close, nor open. There is nothing! There
are only simple participants, simple private
persons and nothing more.
And of course there is no special registrations,
permission and licenses in here. (Permissions
and licenses for what and for what reason? For
money transferred from one man to another?
And whom should this licenses and permissions
be given? Thus, COOLFUNDZ is not illegal and
does not break any laws. Because there are only
money transfers between private persons and
It should be noted that COOLFUNDZ is not a
fraud. Everyone is informed about the possible
and impossible risks fully and from the very
beginning (And everyone agreed to these terms
and conditions during the registration, confirming
that he was informed about the warning.)
There are no guarantees and promises! Neither
explicit nor implicit. There are neither
investments nor business!
There are no securities transactions, no
relationship with the professional participants of
the securities market; you do not acquire any
There are no rules. In principle! The only rule is
no rules, at all! Even if you follow all of the
instructions, you still may “lose”. And in general,
you can lose all your money. Always remember
about this and participate only with spare money.
Or do not participate at all!
1. Make sure you have N20,000 ready before
making a Donation! You’ll be matched
2. Dont click ‘I have made payment’ without
making payment first!’. Its an offence and you
can get blocked.
3. You can ONLY make another request after you
have donated and confirmed succesfully on the
4. Only use the block button when a donor
refuses to pay or is a cyberbegger. DONT misuse
it, because you might also be blocked if reported.
5. When you block a user, you have to wait 30
minutes to be rematched. This is a measure to
allow the other party make a report if purged
unnecessarily. USE WITH CAUTION
6. Your contract with your upliner terminates
when he receives your donation and confirms you
succesfully. Contact support concerning any
issue. Never bug your upliner.
7. If you are cyberbeggar, this system targets
your likes! KEEP OFF!!
8. THIS IS A DONATION PLATFORM AND NOT
AN INVESTMENT!! PARTICIPATE WITH YOUR
SPARE MONEY. NOTHING IS GUARANTEED
Blocking on refusal to donate
Your account will be blocked after an hour if
you do not make a donation when an order is
Blocking on refusal to confirm donor
Your account will equally be suspended if you
fail to confirm a participant 3 hours after he/
she has paid you.
Only way out!
When either of these happens. A report should
be forwarded to support@COOLFUNDZ.com