Before looking into ways that creating a successful crowdfunding project can be automated, it is probably best to identify what the key elements of a crowdfunding project are. Traditionally, financing a business, project or venture involved asking a few people for...
Cybersecurity breaches are a growing concern for businesses worldwide. Whether they result from malevolent external attacks, malicious and disgruntled employees, or employees falling for scams, the financial impacts and other reputational damage can be significant....
Real estate crowdfunding offers a chance for retail investors to be involved in the property market without the hefty upfront costs of buying a whole building, and then without the requirement to maintain any part of a building. Real estate investments can be made...
Crowdsourcing data annotation is the process of breaking down tasks like labelling, tagging, or categorizing data into smaller bits and distributing them to a large online workforce. These workforces typically work on the tasks through a crowdsourcing platform, which...
With the current value of Bitcoin sitting above $60,000 (up 228% on its closing price 12 months ago on May 11 2023), there are increasing signs of its wider acceptance, easier ways to buy and sell it, and a growing ecosystem for people to actively use it rather than...
Crowdsourcing can be a powerful tool for retail and e-commerce businesses to leverage the collective intelligence and creativity of their customers, plus the broader online community. Few brands have exploited its benefits to the degree of the LEGO toy company. It...
Equity crowdfunding is an alternative business finance model that began in the UK with the platforms Crowdcube and Seedrs (rebranded in July 2024 as Republic Europe). Economies were reeling after the 2007-9 global financial crash, and banks had much less inclination...
Crowdfunding has become a popular way for artists to raise funds for their creative projects, bypassing traditional galleries and patrons. A more recent development has been the opportunities for everyday retail investors to include part-ownership, also referred to as...
In the ever-evolving landscape of Enterprise SaaS, innovation is the key driver of success. One approach that has gained significant traction is the integration of crowdsourcing, the dynamic method that taps into the collective intelligence of a diverse group of...
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...
Finding and patching cybersecurity threats and vulnerabilities before cybercriminals take advantage of them is difficult but crucial. As the speed of cybercrime advances, it’s becoming all the harder to keep pace, too. Amid these rising threats, crowdsourced...