Buying shares in privately-owned businesses is a risky and a relatively illiquid investment. Early critics of equity crowdfunding as an alternative source of early-stage business funding were keen to point out the long time scales that investors in startups would have...
In January 2024 we were excited to announce this year's theme “The Age of HI + AI” which will see the fusion of human intelligence with machine capabilities, propelling us into new frontiers of collective intelligence. This Crowdsourcing Week blog takes a look at...
The term Web3 refers to the next generation of the internet, where applications are built on top of blockchain networks and smart contracts. Greater introduction of blockchain technology in the Web3 equity crowdfunding model has the potential to make a significant...
Crowdsourcing can be a powerful tool for decentralization because it allows for the distribution of tasks and decision-making to a large group of people, rather than relying on a centralized authority. The benefits of crowdsourced decentralization include a greater...
Equity crowdfunding is an alternative finance model that leverages the power of the internet for owners of privately-owned businesses to raise funding by offering shares. At the same time, it allows private investors to buy equity in businesses that they believe are...
We can look forward to a deeper partnership between human and artificial intelligence in 2024. Collective intelligence will increasingly solve complex challenges that require both AI’s pattern recognition abilities and a deep human understanding. Take our post “Why is...
In January 2024 we set our theme for the year of unleashing collective intelligence through the fusion of AI and human intelligence (HI), particularly in regard to creating datasets to train AI. We said we would delve into the heart of this theme to unravel the layers...
Crowdsourced data annotation has become an indispensable tool to expand diversity of results, solve problems faster, and increase accuracy in various fields, from machine learning to social media content moderation. With the proliferation of publicly available...
The crowdfunding platform GoFundMe recently announced it had broken the $30 billion barrier for the total amount of money people have raised on it. We are all quite aware of the multitude of individuals who have asked for donations to help pay medical bills, education...
A crowdfunding campaign looks well on the way to reaching its target of AU$140,000 of donations to fund the post-production (editing) of a film. The film in question is a documentary called “Free The Truth: Free Assange.” Its purpose is to raise public support to...
Crowdsourcing is basically putting questions or tasks out in the open to a large group of people to receive their input for the sake of innovation. Toy bricks company LEGO is included in most search results of global companies that use crowdsourcing. After finding...
Crowdsourcing is having an ever-increasing impact on businesses. That’s whether an established company is integrating crowdsourcing into its processes, often through accessing collective intelligence, or a new business is based from the outset on crowdsourcing...
Predicting crowdfunding success is a rapidly evolving field, and analysis of big data from various sources is becoming increasingly powerful for this purpose. An academic study concluded that the success of crowdfunding projects can be predicted by measuring and...
Potential breakthroughs that allow AI to better understand and collaborate with humans, advancements in brain-computer interfaces, and more sophisticated robots and automation systems make 2024 a pivotal moment in the journey towards the harmonious integration of...
