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document CrowdfundingThey wrote about Diaspora looking to raise funds a bit ago. Sadly, they chose PayPal. Yesterday the project reported that PayPal had frozen its account after raising about $45,000. The good news...
article Crowdfunding, Distributed Knowledge
The team recently released an image remixing and sharing tool, Makr.io. The following is the released quote from the team, concerning the transition:
“We are proud of what Diaspora has...
document Distributed Knowledge"The reason we are building all of this is we want people to share," Ilya Zhitomirskiy said. "Instead of conversing about how things should happen, we are working to make it better....
article CrowdfundingIt was in 2009, at a meeting of the diaspora in the offices of the Inter-American Development Bank (IDB) that the idea of a crowdfunding site is born. Pierre Labaze, a New Yorker of Haitian origin,...
document Crowdfunding
David Mullings chose to use crowd-funding (the process of raising money online via small donations from individuals) due to his success in raising money last year for a personal film on the...
article Crowdfunding, ToolsZhitomirskiy and his schoolmates Dan Grippi, Max Salzberg and Raphael Sofaer put the idea on Kickstarter in 2010. The idea was to create a network based on privacy, so users could keep all their...
document CrowdfundingA group of NYU computer science students created, in their own words, "an open source personal web server that puts individuals in control of their data." They raised $200,641 from 6,479...
CrowdfundingCrowdfunding, the latest way for start-ups to raise capital in order to launch their products/services, has enjoyed quite a bit of attention recently. Instead of looking for angels and investors to plough large sums of money into their businesses (and be eligible for a return when the company has future liquidity events or IPOs), many would-be entrepreneurs are taking the crowdfunding route. This makes great sense in many ways, one of the most important being that the company founder(s) maintain total control over the business, allowing them to adhere closely to their original ideas and visions.
I first came across the concept of crowdfunding a couple of years ago when I discovered Kickstarter and watched a short video made by the guys who were trying to launch the social network Diaspora, a viable alternative to Facebook that allows users to maintain full ownership of their content. I was so impressed by the enthusiasm of the group and the initiative shown by these really young guys (and the fact that I have children of a similar age) that I donated to the project. This made me wonder what makes other people donate to crowdfunded projects.
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document Crowdfunding“This is a great opportunity to make the diaspora count. We are always talking about supporting education and health but few islandwide opportunities have presented themselves. Thanks to technology...
document CrowdfundingCrowdfunding with Kickstarter is unique because KickStarter requires a minimum "liklihood of success" threshold to be met. In other words, users searching for funding from a KickStarter...
document Crowd Creativity, Crowdfunding
While entrepreneurship projects such as the ill-fated Diaspora do exist on Kickstarter, they get relatively little attention on the site when compared to the overwhelming popularity of the arts....
document Distributed KnowledgeThe project will “interview” ordinary Somalis in Somalia and let them speak for themselves in the international media space. Interview questions drafted by Al-Jazeera will be broadcast via SMS by...
document Distributed KnowledgeIn sum, the purpose of this project is to catalyze global media attention on Somalia by letting Somali voices take center stage—voices that are otherwise not heard in the international, mainstream...
document Distributed Knowledge, ToolsPatrick Meier of Ushahidi explains in a post at Ushahidi blog:
The purpose of this project is to catalyze global media attention on Somalia by letting Somali voices take center stage—voices...
document CrowdfundingA crowdsourcing fund raiser has been launched on Indiegogo at http://www.indiegogo.com/AfroDreamFest2013?a=802175 giving lovers of Afro- fusion music an opportunity to support and get perks in...
document Crowd Creativity, CrowdfundingThere are a lot of iPod Nano projects out there but the LunaTik/TikTok project made it bigger because:
1. The members of the team "told personal stories that created a connection to the...
document Crowdfunding, Distributed KnowledgeCrowdfunding is unique because KickStarter requires a minimum threshold. In other words, users searching for funding from a KickStarter campaign have to meet a minimum goal in order to get the...
document Distributed KnowledgeAccording to World Bank Institute's Innovation Practice Manager Aleem Walji, community mapping is a really powerful example of crowdsourcing in development terms.
document Open Innovation
VC4Africa founder Ben White believes that people are already realizing the time to invest whether it's from local angels, diaspora living abroad or foreign investors. That is why, he feels...
document CrowdfundingThe idea isn't revolutionary but the strength of this is the drive of the founder, Ryan Wardell. The fact that he passed the first serious step (eating his crowdsourced dog food) means it is...