Is this actual stock ownership in the festival?
Yes — when you invest via Wefunder, you receive a security that gives you equity in the company behind Same Same But Different. In other words, you are buying ownership (shares or units) in the business, not just pledging or donating.
Wefunder operates as an equity crowdfunding platform, meaning that backers are investors, not customers or supporters in the donation sense. The equity you receive could be delivered via a SAFE, convertible instrument, or another equity structure, depending on the terms of this particular round.
Because it is a private company equity investment, there won’t be a public stock ticker or open trading on stock exchanges — you can realize returns only if the company is acquired, goes public, or pays distributions according to the terms of the offering.
As with any equity investment in a private company, there are risks, including dilution and illiquidity. Be sure to review the full offering materials and Wefunder’s disclosures before investing.