It is widely accepted that crowdfunding can deliver a startup business with much more than just money to invest. Successful projects demonstrate customer traction, deliver product validation, show a willingness to work hard – because crowdfunding is hard work...
In many countries, the hospitality industry shutdown during the pandemic lockdowns caused the potential closure of many suppliers. This is particularly true for those that relied on business-to-business sales, where a number of enterprises embraced D2C crowd-based...
Tipalti, the leading global payables automation platform, announced earlier this month that it has not only passed the 1,000-customer mark but has also exceeded $11 billion in annual transactions. Despite the economic headwinds in 2020, Tipalti has continued to...
A wide range of ecological projects based on crowdsourced Citizen Science models are now being undertaken around the world, at local, national and international scales. The UK Butterfly Monitoring Scheme, established in 1976, has been running for decades though its...
Mexico City is a sprawling metropolis that is home to almost 22 million people. Even though a 2016 crowdsourcing effort created a map of the routes serviced by self-employed bus drivers to make it easier to navigate the city, an article published in 2017 was hoping to...
For most of his life, Anton Seimon has been fascinated by the dynamics and formation of some of the strongest forces on Earth – tornadoes. Yet the scientific community did not know for sure whether tornadoes formed from the sky down or from the ground up. Until Anton...
With many people staying home due to Covid-19 restrictions, the gaming industry has seen increased engagement and revenue as people seek social interaction and entertainment. Platforms in this fast moving sector require equally fast-moving and best-in-class support...
Crowdsourcing Week (CSW) is looking for BOLD Interns. CSW is the leading global platform and content activation partner for the Crowd Economy. It connects innovators, entrepreneurs, start-ups and companies with the latest ideas and best practices in crowdsourcing,...
Recap of a CSW summit on rewards and equity crowdfunding in North America, changes to Reg CF rules, and corporate use of crowdfunding
Our 11th June one-day Virtual Crowd Summit on Crowdfunding received great praise from the attendees. It was structured in three parts: Parts 1 and 2 focused on Europe, first Rewards Crowdfunding and then Equity Crowdfunding; Part 3 featured speakers from North America...
An overview of the impact of the pandemic lockdowns, working from home and social distancing on crowdfunding during Covid-19 in the UK in 2020
Bitcoin’s halving, its third, on May 11 2020 put it back in the news – as if it’s ever far away – and means Bitcoin miners now receive 6.25 bitcoins. We decided to use this event as an opportunity to remind ourselves of the fundamental tenets of this...
COVID-19 is going to be a generation’s shared memory, with its disruptive and generally negative effects. The lockdowns are increasing the size of the gig-economy workforce as some furloughed workers transition to a temporary income from any of the most in-demand jobs...
Attendees at our first Virtual Crowd Summit experienced an international panel of speakers discussing and sharing how crowdsourcing-led techniques and models can help organisations. Help them to not only face up to the economic and operational implications of the...
Here is a snapshot of how various forms of crowdfunding are being used around the world to help tackle the impact of the coronavirus pandemic. Donations There is phenomenal UK public support for Special Forces veteran Captain Tom Moore, who is 99. He is walking with...
While governments and global pharmaceutical corporations search for an ultimate long-term solution, a life-saving vaccine, response to the COVID-19 has thrown up many near-term challenges. Prize challenges communicated through mass digital connectivity have given a...
“An open innovation platform shares human brains and ingenuity like Airbnb shares spare accommodation.” These are the words of Christian Cotichini, co-founder and CEO of the HeroX innovation platform. There is growing recognition among organization leaders...
More and more organizations are recognizing the benefits of open innovation challenges as a means to tap in to the collective wisdom of many people outside of their own employees or other regular sources. Solutions can be surprisingly different from people outside of...
A fundamental tenet of the sharing economy is to use resources more efficiently. At a time when all of us as individuals are increasingly asked to consider our use of air travel, single-use plastic products, and turning down room temperatures, the construction...
To combat spread of the coronavirus, this week the Italian Government announced a lockdown of an area in northern Italy that is home to 16 million residents. That has very quickly been extended and the entire population of Italy is being asked to stay indoors . Only...
AI technology is increasingly used to open up new horizons for scientists and researchers. It enables analysis of masses of data much faster than humans can manage, identifies deep trends and patterns that could be indiscernible to human analysts, and can better keep...