A Canadian entrepreneur and client of DesignCrowd.ca, has received over 5,000 entries to a logo contest setting a new record for online logo crowdsourcing. TimesSquare.com - founded by Canadian entrepreneur Lorenzo Tartamella - offered $10,000 to crowdsource a new logo on DesignCrowd.ca has received 5,706 logo designs.
DesignCrowd CEO Alec Lynch said, "We believe TimesSquare.com's $10,000 prize was the largest ever for an online logo contest and the first time an online logo crowdsourcing has received over 5,000 submissions for a client. The project is a fantastic case study in crowdsourcing and really highlights the power and creativity of the crowd."
The success of the TimesSquare.com logo contest follows a strong period of growth for DesignCrowd which had launched in Canada earlier this year. In the last 12 months, DesignCrowd has also launched in the UK and New Zealand, received a $3M investment from Starfish Ventures.
Founded in 2010, the industry website, Crowdsourcing.org, is a neutral organization dedicated solely
to crowdsourcing and crowdfunding. As one of the most influential and credible authorities in the crowdsourcing space,
Crowdsourcing.org is recognized worldwide for its intellectual capital, crowdsourcing and crowdfunding
practice expertise and unbiased thought leadership.