Crowdfunding

Crowdfunding

  • Siddhi Joshi added an answer:
    Does anyone have some experience with outreach for a Crowdfunding of a Science Projector and could help with it?
    We started a crowdfunding campaign on indigog recently and we still need some help regarding outreach. we already wrote to a lot of newspapers and radio as well as some blogs, but most of them did not get back to us. Does someone has maybe some tips or do know a journalist who might be good to approach? Check out our Ocean Sampling Day Project on indigogo!
  • Suzanne Cecilia Perkins added an answer:
    Can anyone share experience with crowdfunding platforms?
    There are crowdfunding platforms such as sciencestarter.de, that focus on funding science projects. Does anyone have experience with such platforms and can share tips and tricks how to use them effectively?
    Suzanne Cecilia Perkins · University of Michigan

    I'm trying to crowdfund my research into brain effects of child abuse. I feel it is intuitive to lay people. It really requires you to tap into your own networks. Also people have to just click on it to make it more visible on indiegogo. http://igg.me/at/childabusebrainscience

  • Suzanne Cecilia Perkins added an answer:
    Crowdfunding basic science research?
    Has anyone tried crowdfunding their basic science research projects? I would be interested to hear about your experiences if you have.
    Suzanne Cecilia Perkins · University of Michigan

    I'm trying to crowdfund my research into brain effects of child abuse. I feel it is intuitive to lay people. It really requires you to tap into your own networks. Also people have to just click on it to make it more visible on indiegogo. http://igg.me/at/childabusebrainscience

  • Joris Van Ostaeyen added an answer:
    What product and/or period is the best parallel for crowdfunding, if one hopes to identify and apply previous historical patterns to the industry?
    My first thought is mutual funds, what other suggestions could you provide?
    Joris Van Ostaeyen · KU Leuven

    In a more recent past, some parallells with crowdfunding could be found in microstock photography (e.g. Shutterstock), whereby images are crowdsourced from a large number of photographers, often semi-professional, and sold at low price levels. This model has opened up new markets but has also challenged the dominant logic of traditional stock businesses. In this parallel, professional photographers in the traditional model could be seen as VCs or angel investors and microstock photographers as (small) investors in crowdfunding platforms.

  • Ben I Mcneil added an answer:
    Would you use crowdfunding to co-finance globalized research projects?
    Increasingly developed economies reduce budget for research projects, in public and private institutions. And developing economies are increasing budget for nationally-oriented research projects with little international networking. Institutions, with the advice of often old obsolete scholars, fix targets of our research. Also, targets of our outputs. Just because they are the financial source of research. But, all the questions and topics you are indicating in this website show alternative research topics which attract people from all over the world. Why if some of us think about doing cooperative research in a really different topic, and use crowdfunding to get funds? Would you try it?
  • Ben I Mcneil added an answer:
    How does reward-based crowdfunding impact the design and development process?
    Reward-based crowdfunding represents a massive shift in conventional stakeholder-developer relations, putting the reins firmly in the hands of developers rather than user-stakeholders. I've just finished a thesis project on the types of crowdsourcing that are used in crowdfunded design projects to leverage the crowd's creative capacities, and am interested in further examining the impact that this shift has on design and development processes, as compared to conventional top-down investment.
  • Alisa G Woods added an answer:
    Following up on the crowd funding idea, here's a recent article. It includes our project.
    Http://www.redorbit.com/news/health/1112737490/crowdfunding-autism-research-112712/
    Alisa G Woods · Clarkson University
    Sounds great. Our project was successful and we are working on a second project:

    http://www.rockethub.com/projects/36715-protein-biomarkers-for-autism-spectrum-disorder#description-tab
  • Onyegu osokam shadrach added an answer:
    What is the impact of crowdfunding on project executions?
    Checking out the possibility of crowdfunding a project.
    Onyegu osokam shadrach · University of Port Harcourt
    Ana María Sánchez Peralta, Alma Dzib Goodin
    thank you for your contribution.
  • Kakoli Majumder added an answer:
    Can crowdfunding prove to be an alternative to the traditional funding sources? What are the challenges and risks involved in the process?
    Increased competition coupled with diminishing government funding has made it very difficult for university researchers to start new scientific projects. It is even more difficult for young researchers to get grants. Under the circumstances, many scientists are turning to crowdfunding as an alternative funding source. While many scientists have managed to collect adequate funds for their project, there have been instances of failure as well. Additionally, some donors are unsure of the credibility of the scientists and feel it is risky to contribute over such forums. Would like to know your views on crowdfunding.
    Kakoli Majumder · Cactus Communications
    Thanks for your insightful answer Matthias! I do agree with you that finding donors for scientific projects would be difficult unless it is addresses a very specific issue catering to the needs of a section of people. True, the topic is indeed of prime importance and there is a high degree of risk involved as there is no guarantee that the research will be completed. However, in the face of diminishing government funds, I think it's worth giving a try. Can you think of any other ways of funding one's research?

About Crowdfunding

Crowd funding or crowdfunding (alternately crowd financing, equity crowdfunding, or hyper funding) describes the collective cooperation, attention and trust by people who network and pool their money and other resources together, usually via the internet, to support efforts initiated by other people or organizations. - wikipedia.org

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