To fund their hardware project, the founders wrote their source crowdfunding platform, which is now open sourced.
Crowdsourcing informative news and blog
Crowdfunding Infographic – The US JOBS Act Explained
Crowdfunding is a way that businesses can seek money from a "crowd" to start-up, finance a new product, or expand their operations. Instead of pursuing big VC's and investors, businesses pursue the crowd. The "crowd" pledges money to the effort - could be a start-up,...
A Framework for Political Crowdfunding
The recent presidential election in the United States was the most expensive race in history, with Mitt Romney and Barack Obama spending about $1 billion respectively on their efforts to win the White House. While both candidates raised hundreds of millions of...
Razoo Targets $15 million in 5 Days for U.S. Local Charities
Razoo, the fastest growing crowdfunding platform for causes, announces its first-ever week of giving – a week of five of Razoo’s “Giving Days”. Giving Days are powerful 24-hour online fundraising competitions that unite communities around causes. “Apart from being a...
Open Innovation: Needs versus Opportunities
Too often, open innovation initiatives at big companies focus on needs – and needs only. You have a specific challenge to solve, you write up rfp’s and you reach out in your network. Solving problems is an important element of open innovation and it can bring lots of...
Threadless to Host ‘Make Our Day’ Event
Threadless is coming to Singapore to party with you on Nov. 10! Join Threadless founder Jake Nickell & Threadstaffers Josh & Craig for a few hours of artistic awesomeness. Meet the founder, check out local artists' work, show off some Threadless designs, rock...
ImageBrief: Stop Searching for Stock Images
ImageBrief is revolutionizing the way we source stock images. The "endless browsing" of search results stops here. Now, you submit a brief and let a creative crowd of professional photographers respond to your request. You only see the photos that meet your filter...
The Crowd Spoke: NYC Marathon Cancelled Amid Public Outburst
The New York City Marathon, which has run every year since 1970, including in 2001, two months after Sept 11 has been cancelled, in wake of the havoc and distress caused by Superstorm Sandy. Public displeasure over the fact that critical resources could be diverted to...
CSW’s NYC Workshops Pioneer Share Market Insights
Ross Dawson, internationally recognized authority on crowdsourcing, lead workshops on Thursday, October 25 and Friday, October 26 in New York City. The workshops, organized by Crowdsourcing Week are the first in a series that will be held in coming months in different...
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A Timeline That Shows How Big Brands Use Crowdsourcing
A couple of days ago, eYeka presented the first visualization of the use of crowdsourcing by brands over time. This interactive timeline, called Crowdsourcing by World's Best Global Brands shows how the use of crowdsourcing has exploded since the early 2000's....
Tourists take control – with crowdsourced noticeboards
Digital noticeboard models have always fascinated me. They express one of the most simple and brilliant benefits brought to us through the web and the beautiful www revolution over the last couple of decades… 'connecting and empowering' - the two vital ingredients for...
Kiva Launches Microlending in India
Kiva.org is now working in India. The microlending non-profit made the announcement yesterday in a press release. What's The Big Deal And why India? 32% of the population falls below the international poverty line. And 68% of the population is living on less than $2 a...
4 Examples of Revolutionary Crowdsourcing Projects
The crowdsourcing -- work process -- has been getting a great deal of attention. In part, crowdsourcing can thank Jeff Howe for all this attention. But to be clear crowdsourcing has existed well before Howe coined the phrase. I can argue that crowdsourcing has existed...
Video: Speaking with USAID’s Stephanie Grosser About Crowdsourcing
Yesterday we spoke with Stephanie Grosser -- Communications Specialist -- for USAID. We spent the large part of our conversation discussing crowdsourcing. This was an interesting conversation. USAID used the crowd to locate USAID Development Credit Authority (DCA)...
Singapore Celebrates its 47 Years of Independence
Singapore has a rich history. The southeast asian city-state can be tracked back to the second century AD, when it was an outpost of the Sumatran Srivijaya Empire.
USAID on Crowdsourcing and Transparency in Government
We are very excited to be speaking with Stephanie Grosser, Communications Specialist for the United States Agency for International Development (USAID). USAID So what is the USAID -- it's a federal agency created by John F. Kennedy. And the agency...
Will Crowdfunding Platforms Help Fund Civic Projects?
Thinking Kickstarter When we hear crowdfunding many of us -- including me -- think Kickstarter. Which is understandable since the crowdfunding company has successfully launched over 65 thousand projects. And has over $305 million in total dollars pledged to all...
Crowdsourcing Contest Reveals the Hilton Brand
French reserachers Lobre & Lebraty say that the value of crowdsourcing lies in the innovativeness of ideas and in the authenticity of contributions. This post is about a specific case where crowdsourcing is being used by a company to get authentic market feedback...
Crowdsourcing? Why Can’t I Simply Outsource?
So let’s start with the fundamentals -- outsourcing vs. crowdsourcing. Outsourcing The Project So why do you outsource? Wikipedia gives a very nice answer to your question: The most common reasons why companies decide to outsource include cost reduction and cost...