2,936 crowdsourcing and crowdfunding sites
Shenmue III, the long-awaited sequel to the classic games Shenmue and Shenmue II, is finally in development, and the Kickstarter campaign to fund the game is already a success. In fact, it broke the record for the fastest game to crowdfund a million, despite the fact that the game’s announcement resulted in a flood of visitors the platform wasn’t prepared to deal with. Since the initial push, however, the funding has slowed considerably.
Early in 2015, former US attorney general Eric Holder called for better data on the number of people killed by the police. “The troubling reality is that we lack the ability right now to comprehensively track the number of incidents of either uses of force directed at police officers or uses of force by police,” he said. On June 1, the Guardian launched a crowdsourced platform called The Counted, which aims to track all individuals killed by the police in the US. It’s a highly informative database, and one that helps to fill the gap that Holder spoke of.
As part of an acquisition, Integra Gold acquired 6 terabytes of data about drilling activities in two old mines. Once it finishes organizing the data, it will invite the public to go through the numbers and offer ideas on where the biggest gold reserves may be. Integra will dole out CAD $1 million ($806,000) in rewards to the best ideas, to be determined by the company and the competition’s board of advisors.
At last month’s Crowdsourcing Week Geneva Summit, hosted by Catalyx, Nick Wright and Rob Wilmot of Crowdicity gave a presentation on the benefits of internal crowdsourcing as a way to drive innovation from within. Watch their presentation after the jump!
GoFundMe, the donations-based crowdfunding platform for personal causes, announced last week that it accepted an investment from top VC and growth equity firms to continue its expansion. The company did not disclose the terms of the deal, though TechCrunch reports that the raise puts the platform’s valuation north of $600 million.
Amazon, the online retail giant, is creating a mobile app to turn customers into deliverers. The program, tentatively named On My Way, would allow Amazon to provide same-day delivery service to customers, something that the company, along with many others, have tried to figure out as online shopping has become much more prevalent.
Kickstarter, one of the leading crowdfunding platforms, announced yesterday that it’s continuing its expansion into Europe in a big way. The platform is now live in Austria, Belgium, Italy, Luxembourg, and Switzerland. In previous months, the company announced that it’s moving into Germany, France, and Spain. In total, the company now operates in eighteen countries.
The platform would allow Etsy sellers to raise money from the crowd to pre-fund projects. It’s a sensible move: in addition to allowing creatives to get money for projects, it also enables them to test market interest in a product before they spend the time and money creating it.
Weather may not seem like the next candidate for disruption. But Julia LeStage, founder of Weathermob, believes the weather industry is ripe for disruption, and that the crowd can play a leading part in helping to change the industry. “To me, the disruption space within the weather industry was the human story,” she told Crowdsourcing.org. More about the crowdsourced weather industry, after the jump!
The Federal Trade Commission (FTC) has taken legal action against the creator of a failed Kickstarter campaign. It’s the first such ruling made against a crowdfunding campaign owner. Erik Chevalier of The Forking Path Co. has agreed to a settlement that prohibits him from “deceptive representations related to any crowdfunding campaigns in the future and requires him to honor any stated refund policy.”
Some countries have legislation that’s already friendly to crowdfunding; others are passing specific laws to enable and regulate the industry. In which countries are crowdfunding laws more established, and where are they set to go into effect in the near future? CrowdReady, an Australian firm, recently put together a useful map that attempts to answer just such questions -- check it out after the jump.
A recent paper by an MIT student found that while income inequality was increasing, the key driver of inequality was real estate ownership. We spoke with Wealth Migrate CEO Scott Picken to get his thoughts on the paper, and to discuss how real estate crowdfunding can potentially help to narrow the income inequality gap.
Development aid is a highly contentious topic, with critics pointing out that it's not as effective as one would hope. We examine some of the problems and briefly discuss crowdfunding can help to solve at least some of them, using figures from the latest AlliedCrowds report on crowdfunding in developing nations.
WikiLeaks, the Julian Assange-founded non-profit group that promotes government transparency, launched a program yesterday to crowdfund rewards for whistleblowers. Its first campaign is raising $100,000 to reward whoever leaks the draft of the Trans-Pacific Partnership (TPP) trade agreement.
There has been much debate about the sharing economy over the past few years, as companies like Uber and Airbnb have attracted both praise and criticism. Much of the discussion has been about the required regulatory response to these firms, and their impact on employment. While these are certainly important issues, a recent working paper out of George Mason University’s Mercatus Center looks at the sharing economy in a different way: as a mechanism to correct the ‘lemons problem' described in 1970 by George Akerlof.
While there are some very successful crowdfunded apps out there, crowdfunding platforms devoted to mobile apps haven’t fared as well as some may have predicted. The vast majority of these, however, have been rewards-based platforms. AppVested, on the other hand, is looking to make use of equity crowdfunding to finance app development. The company recently put out an infographic showing some of the key numbers around mobile apps and equity crowdfunding, which we share after the jump.
New Zealand sports a rather unoriginal flag design that incorporates the UK’s Union Jack flag on a navy background, with four stars of the Southern Cross to the right. Now, the former British colony is deciding whether it should stand pat with its current design, or make a change. As it’s a matter of national debate, ordinary New Zealanders are being asked to not just comment on, but to also submit designs for a new flag, if they support an update.
Weathernews Inc announced yesterday that it’s acquired Boston-based crowdsourced weather app Weathermob, putting the spotlight on a subsector of the crowdsourcing industry that has so far been flying under the radar. The aim, according to a press release, is to “create a leading social weather prediction platform for highly accurate forecasts using on-the-ground weather observation and reporting.”
Kickstarter, the leading crowdfunding platform for creative projects, announced this morning that it’s opening in Spain on June 2. Those who wish to create campaigns can start to do so now, in order to drum up support for their projects when they launch.
Thanks to social media and online communications tools, it’s become easy to not only reach potential workers anywhere in the world, but to also send them disaggregated microtasks that take a relatively short period of time to complete. Each one may not amount to much; but when done at scale, these microtasks allow firms to complete intensive jobs much faster than they would be able to do without the crowd’s help. CrowdSource, a platform that focuses on crowdsourced content and data solutions, recently put out a white paper discussing the strengths of crowdsourcing, and what kinds of jobs are best suited to be broken down and completed by the crowd.