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Posts Tagged crowdfunding

This Is It !

We’re almost done, and surprisingly I’m not as stressed as two weeks ago, relating to the project for our NGO. Since we realized, that this is the final spurt, we try to get the best out of each other to finish this project with an excellent and reach our goal in time.

Obstacles are those frightful things you see when you take your eyes off your goal.

-Henry Ford - credits to http://www.brainyquote.com/

I really do hope, our Video and Advices can help Maarten, and accordingly Solidaridad. In the past weeks, we spent a lot of time thinking about how to deliver our insights and ideas in an informative and understandable way. But this week’s blogpost is about our reference to using online communities and networks in innovative design

Well, I’m sure that each theme we’ve been through during our project, is important and useful in it’s own way. A design process is set up with a lot of impacts and steps, but the most important thing is the financing of a project. It’s strange, for me to say that money is the most important factor of realizing a design project because actually I think it’s not the key to success. 

image

Still, money enables an innovator to afford all the required things to start with an projects. The materials, the right people, the manufacturing are all important things but cost you money. 

Before Project Community I didn’t knew what crowdfunding is good for, and how it could help in a design process. Ever since, I concern myself more with crowdfunding, I noticed that a lot of people in my circle of acquaintances is already using crowdfunding. Like this project from two young film directors from frankfurt (my hometown) who need money to realize their documentary film about the gangs of frankfurt in the early 90s, and my cousin is one of the protagonists. 

http://www.startnext.de/tokat

In exchange for contributing, the supporters get benefits like the DVD or even invitation as a VIP-guest at the premier. 

The next part of my blogpost is about design principles for an online community or network. During our project we had to comb through various websides and do researches. For me the old-fashioned quote 'less is more' counts most ! It is easier to orient oneself on a webside with an easy and simple layout. I prefer pale and light colors in web designs, because it looks more professional. In addition the focus is just on the main message of the webside and is not distracted by too strong colors. Since I set high value on aesthetic, it is a large impact for me in web design. Though I like mystery and brainteaser sometimes, in this case,  clear and understandable content is important. At least honesty - in my opinion it is crucial in design. Creating something without believing in it, will lead to an unsatisfying result. If you’re not being honest with what you do, you won’t market it; you won’t reach the people. Being honestly will make the people believe in what you do and none of them can be disappointed. 

To get to the end of this very last blogpost I would like to use the space for some insights and advices for the upcoming next years IDE students. In the beginning we were an confused, scattered crowd without a clue what to do and how. But I can see a progress and development concerning our way of working. My tip would be to set up goals within your projects. It helps to have a project done, step by step. So you can continue when everything is clear. 

credits to http://kosherkitschen.onsugar.com/

A clear structure and routines are necessary, while working in a group needs a distinct system. Our weekly meetings with or without our tutor were very helpful, since questions and issues can be solved. Take your time to get used to everything but try to put your energy in your teamwork because otherwise you won’t be satisfied in the end. Instead of trying to do everything at once, try to do it step by step. Imagine it like a staircase - you can never reach the door at the end of the staircase with just one step. 

credits to http://nationalagentsalliancesales.com/

Thanks for reading or browsing my blog, i hope I can reach people out there who gain insights from my blogposts and support my ideas. 

credits to http://quiltish.blogspot.nl

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This post was originally published at the Project Community blog: Aureole

The end is near

Time goes by so fast, this weeks, I didn’t even noticed that we’re getting closer to the end, thus to our goal. I really liked the picture of the creative process Anne used in her blogpost, because this is exactly how it is. This picture below gave me the final reality check, but so far, i can’t answer the question. 

image

Credits: http://thephoenix.com/Boston/

The things we learned in the past weeks, helped me understand how communities and companies work and how much afford you have to put in your work. And it helped me understand what is needed for our NGO Solidaridad. So what can be relevant to our NGO and how could they make use of it. To get to this conclusion, first I’ll summarize the main impacts of the previous weeks.

Working in a team means collaborate, support and create ideas, you couldn’t think of by yourself. We learned how to get the best out of a team, by diversify different group sizes and divide tasks. Distribute various group roles like a teamleader, a timekeeper and so on, can be very helpful, since this creates a structure and we all know that it is way easier to work with a structured system instead of just gambling and tossing around. Especially in groups with so many different nationalities and cultures. But as you can see it is all about collaboration. As in crowdsourcing and crowdfunding. It is a way to involve a broader community to your work. Crowdsourcing for example gives people the chance to participate in a design process, by  giving feedback, share ideas and contribute. Crowdfunding is a opportunity for designers, companies or normal human beings, to gain financial support for a upcoming project. But the nice thing about it is, that the supporters are also normal human beings, who likes your ideas and trust in your projects. 

The important thing about a problem is not its solution, but the strength we gain in finding the solution

Still, collaboration doesn’t mean to completely forget about each individual part of a team, to get to the actual reason for this blogpost. 

Our challenge is, to introduce Drupal Commons to Solidaridad. Which basically means, to help Maarten (our NGO), persuade the members of the nine Regional Expertise Centres to use Drupal Commons. I think the theme Me-We-Network will be of the most use towards our goal of solving our NGO’s unmet needs. What they need is an intra- en extranet for wider knowledge exchange, for sharing news and documents.  So far, they communicate only via e-mail or skype. Since they don’t want to spend too much time or money on new technologies, a simple and easy to use Network would be a great impact. With Drupal Commons they could have full control of their own platform. They don’t have this possibility with Facebook, which they only use for Marketing and to keep their supporters up-to-date (which was also our main topic this week). In our group, we worked out a good opportunity to also set value on the Me-part, by creating personal profiles for each member, with profile settings. Containing basic information like age, name, picture, but also country and timezone, to be able to arrange meetings. And in addition it is a way to inform other members about the projects you’re working on at the moment and sharing your trajectory. Hopefully our recommendations will be helpful to Maarten and we will reach our goal with a happy smile and turning the end into a good thing !

Solidaridad Network Facebook Page

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This post was originally published at the Project Community blog: Aureole

we had storming, forming… just need performing

Hello World..

So our challenge is to show SOLIDARIDAD the perfect intranet and what features their intranet should have to work perfect together. The general topics that we were focussing the last few weeks are:

  • Me-We-Network
  • Crowdsourcing
  • Crowdfunding
  • Marketing

In my opinion there is no most useful theme that solves the unmet need of SOLIDARIDAD. All of them are equal important. And only together they are strong.

In our group we divided the task. Two people are summarizing each topic.

Our (Antonina and me) part was Crowdfunding. So I would like to tell you more about Crowdfunding and how it benefits SOLIDARIDAD. There are four different ways of crowdfunding:

  • Equity crowdfunding = Someone give’s money and in reward he/she is part of the company
  • Donation crowdfunding = for charities (raising money for social projects) Most charities do that through their own web-site. We couldn’t find a donation button on solidaridad page.
  • Lending crowdfunding = Crowdfunded lending facilitates projects, individuals or businesses to seek loans from the crowd, with members of the crowd taking small chunks of the overall loan.
  • Reward crowdfunding = contribute to projects and receive non-financial rewards (like record, movie, game, product) -> for SOLIDARIDAD not that interesting: what could they give as reward? (maybe: The name of a backer on something they build)

So thinking about which crowdfunding type would be helpful to SOLIDARIDAD, I think most of them are helpful in certain tasks.

I am not sure about equity crowdfunding. That means that people that give money to SOLIDARIDAD be a part of the “company” of SOLIDARIDAD. I do not know if that is possible and what legal reasons that may have.

It doesn’t matter which crowdfunding type you look at the supporter should get something from SOLIDARIDAD as reward to their supporter. It could be a t-shirt, supporters name on a building/vehicle/web-site…, follow as a visitor a typicall day of a Solidaridad worker……

I also really like the idea of crowdsourcing.

SOLIDARIDAD started a campaign on sugar cane…

"During the campaign Solidaridad will ask our campaign question to as many relevant players in the world of sugarcane as possible; How can you change the world with sugarcane? All change starts with awareness. Solidaridad will target companies with a positive tone of voice and will work towards a better world together with those companies." 

That sounds to me like a crowdsourcing task. But as far as I saw SOLIDARIDAD doesn’t use it in crowdsourcing. They ask the question “How can you change the world with sugarcane?” to important people and companies…. but do not have a real crowdfunding campaign. My suggestion for SOLIDARIDAD using Crowdfunding in getting information about certain products (coffee, tee, sugar, ..) and farmers that would like to work with them and also company that buy from certain farmers.. These information should be mapped on a map: Crowdmap

I do agree with Group7 post about a more recognizable visual for solidaridad. Something that shows their vision and an aim that they are working for.

And there are many other good things you can explore them in the picture or wait until our final-video is done….

CU miriam

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This post was originally published at the Project Community blog: Miri's Desk

Crowd funding &sourcing

Crowdfunding and Crowdsourcing looks like two similar words, they both spell start with “Crowd”, so in some extent there are same, it a platform for demander and contributor to fulfill their requirement or get their bones. The different between these two things is the demander’s need, what requirement of the demander of crowdfunding is? It’s funding. And the demander of crowdsourcing need ideas and design product. In my view, there both have pros and cons. I am going to explain to you below.

The pros of Crowdfunding:

1. Collect funding

If you have new idea, you don’t need to get loan from bank, you can start from a crowdfungding platform.

2. Low-cost

Some sites just charge a little fee from your project. For example, Razoo charges fee is 2.9%, Indiegogo is 4%.

3. Test idea

There are many contributors, but if your idea did not attract them, or they don’t agree that is a great idea, they will not support you. So that is a good way to verify your idea good or not.

The cons of Crowdfunding

1. Time limit

Maybe your idea is good and it could be reached more funding, but the time that the platform provided you are not enough.

2. Miss the reach goal

In many times, there are just 30% or 40% of a project. So the demander did not meet their goal.

3. Higher charge fee of unsuccessful project

For example, if you fail your project, the charge will be more than 9 % in Indiegogo.

The pros of Crowdsourcing

1. Multiple choice

As a presenter, you have the right to choose the best one from all projects.

2. Low-cost

The bonus that you provide is fixed, it won’t be change or higher in the end.

3. Closer relationship

Through cooperating, get a closer relationship between organization, builder and clients.      

The cons of Crowdsourcing

1. Risks  

The source is not always trustable, lacking of bonus, less participant, low quality work, raise the risk of the project.

2. Waste of labor

As a contributor, spent long time and energy to finish the work, but your work are not the best for the demander, you get no bonus.

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This post was originally published at the Project Community blog: Jianyi Wang :)

Need a GPS* Item!

(AN: I am so sorry, it got a bit too long again! Though I still hope you will enjoy reading it! >.<)

Herro ferrow broggers,

Let’s get straight to the point for this week’s blog. :D
It is a showdown –not really- between crowdsourcing and crowdfunding.

Are you ready?! SET? GOOOOoooo!

(I am listening to Avici at the moment, so am a bit energic haha… If I get more serious or calm in writing you will know that the song has changed… :D)

 

Crowdsourcing:

So the reflection for crowdsourcing will be somewhat close to the one I did for networking in my first blog.  Crowdsourcing helps you expand your network, this is useful to, in my case for example, getting discounts or finding jobs.

About a month ago I found this website called Linkedin. I have never heard of it, but one of my old teacher of the church invited me to use it. I did sign up but I still haven’t looked around much. The general idea of that site is, as the name suggest –the beauty of simplicity-, “linking” people and expanding your network. I saw that Sheila has a LinkedIn, but I am not quite sure if you can create a profile for Gogorobi. Now that I am mentioning it, maybe a good idea guys?

Crowdfunding:

On to the crowdfunding we go. In my opinion I think crowdsourcing is more beautiful and challenging than crowdfunding. Crowdfunding can only be effective if we have a good base (network) – still in my opinion.

For example: Gamers who stream their matches in order to make money through advertisements on their stream. You can stream as regularly as you want, but if your skills –your base-  is not good, you ain’t gonna get views my brada. So you need to go and improve your skills, come back with inspiring actions and boom! More views = Kaching Kaching! Though if you flash your boobs now and then I guess you could get viewers too. Doubt that it would word for guys though, cruel world-.

Most of the designers start by investing their own money, though most of the time it has it limits and this is where crowdfunding is quite handy. Who does not mind a helping hand?  :)

Crowdsourcing in design:

Solo YOLO. Ehh… what about NO. In the design world it is “all about” crowdsourcing and I don’t like that, since I don’t want to involve myself with the world. If my life was like the life of my Sim in the Sims 3, I would have the Loner social trait. Sigh. Anywhos… At some point I have to give in that I, the narcissist, need “people” *shivers*.

Sure it is great if YOU design a product and YOU produce it on YOUR own and YOU are doing the advertising so well, that the product is sold out faster than Diablo 3, wonderful even, but then reality happens, because no successful game nor product has been developed by one person –as far as I concern. That is nearly impossible if you think about it.  

I need useful criticism from potential users and having an expert or two to guide me the way does not sound bad either, maybe even getting discounts for reproducing the product because I know the people from the factory really well. Let’s face it, when I finish this study, I will probably relate myself to a sperm cell racing against the clock and other millions cells to survive in this cruel world.

Enough pros, it is now pessimistic emo cons time. :<

Sure expanding your network is a great idea, but this can go wrong too. Look at Kony 2012. Their base –youtube video- was so powerful. Big Youtubers like nigahiga even advertise for them! Many supports, but most of the supporters do not actually know what Kony 2012 is about, or where their money is really going to. I did, and still do, not know how they are going to fix this “Kony” with that large sum of digital green papers, this is why I choose not to support them. It looked very straight to the point, but for a critic like me, I think it was a bit shallow and a fairytale story. To short it up, a too big network could lead to something like this…

image

Since most of the crowdsourcing is done through the internet, it gets very impersonal fast. At some point you will lose control. And well, you will get these internet kids.  

So don’t be shallow, be critic and leave people in awe.

Kind regards,

Warisra

PS. Is it crowdfunding or crowd funding? My Word keep correcting me into the latter one…  Google it for me please hihi…

*Gold per second

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Posted in Community, Group 5
This post was originally published at the Project Community blog: Strawberry Egg

Crowded in a Good way

Week 6 subject in my opinion is what makes the difference in today’s market, no only for design companies but for EVERY single project you can think of.

We learned about crowdsourcing in week 4 and we saw and learned how awesome and useful it is to be able to use this resource, Imagine being stuck with something like a school project or if you have a company and you have a new Idea but you don’t know where to go with it, you just choose one crowdsourcing website send out your information and doubts and you get feedback on that problem not having to pay for anything, just depending on people that are willing to help you, if you can tell that that isn’t one of the most handy things anyone has created, you are insane. I believe our NGO already uses some of these methods, and with every reason, being who they are and doing the kind of work they do, some difficulties must come along at some point, Crowdsourcing also has it’s downsides, depending on other people’s good will isn’t that easy and you don’t always get what you expect, maybe not a complete answer or a complete explanation of how to go on with your problem or idea but hey….anything is better than nothing right?

And this week we had crowdfunding, If you think Crowdsourcing is helpful, Imagine getting money from people that support what you’re trying to do or to create, that amazing and you only have to pay a small amount of money of no money at all depending on what or where you’re doing.Kickstarter, Indiegogo and some pretty recognized Crowdfunding resources, you or your company can use them to raise money for almost ANYTHING paying a small fee, considering you can raise thousands of money…who doesn’t want to see people giving their money to support what you are doing, you may not get there on your goal but again, anything is better than nothing. Regarding Solidariedad, Luca from group 6 said “To Solidaridad, I believe that crowdfunding may not be so useful. This is because is a well-established firm and doesn’t need aid from the community but aids its community. Even if did, it would be an unbeneficial amount.”, I really don’t agree with that, any amount is a beneficial  amount and even being well-established they DO need to raise more money, in our talk with Maarten from the NGO he said that they have a low budget to  invest in the Drupal website, they still need to improve in that matter but doing what they do, they invest in more crucial matters and leave the the communication part behind which is also a very important subject, without a good communication within the NGO, they will never have a great outcome…and communication being only ONE thing they can invest the raised money in. They have a great cause, shouldn’t be hard nor take long to get what they want out of crowdfunding and if they don’t, there isn’t a real DOWNside for crowdfunding in my opinion.

All together for one purpose!!!

"Alone we can do so little, together we can do so much."

Hellen Keller

See ya next week

Marcelo

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This post was originally published at the Project Community blog: NoBeardMarcelo

Working together is a success

Crowdfunding is nothing new. Most people don’t know is that the Statue of Liberty was crowdfunded. In the late 1800’s, the Statue of Liberty almost didn’t make it across the ocean, because The American Committee couldn’t raise enough money to finance the pedestal on which the Statue should stand. Joseph Pulitzer and his newspaper ‘the World’ involved the American people in his campaign to complete the monumental project, by using a earlier form of crowdfunding. Due to this campaign he was able to fund the lacking 100,000$ of total 300,000$ to build the pedestal, while the over 120,000 donations were in most cases less than a dollar. 

image

Before Project Community I had no idea what the definition of crowdsourcing or crowdfunding is. But after watching couple of videos, scanning crowdfunding websites and reading through a lot of campaigns I got a notion of it. I used to know platforms that use the power of the crowd by gathering enough votes for petitions. I think it’s a good way to reach all the people in the world, who wants to be involved and who wants to help. By making a project public and asking for help, both sides can benefit from each other. Just like in the story above, in which the people who helped with a donor, got a miniature statuette. This souvenir made them feel like a part of the building. And that is the nice thing about crowdfunding. It is about reaching people, who likes your ideas and want to help you, realizing them. For me, it’s surprising to see, how much the people trust in these projects and in their founders, by donating and actually not asking for anything in return.

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By writing this blog following questions are coming up like…

Who are these people, donating for this projects ?

What was the main reason, for supporting this projects ?

How safe are all the crowdfunding websites or campaigns ? 

How much is in it for the crowdfunding websides themselves ? 

How many of these projects actually reach their goals ?

So while designers use crowdfunding only for raising enough money to finance their own projects, crowdsourcing is used to share, exchange and generate ideas and work together. Although I think a designer also should have his freedom creating new ideas. 

In order to be open to creativity, one must have the capacity for constructive use of solitude. One must overcome the fear of being alone.”

~Rollo May

Indeed, with solitude you keep focused and it’s quite, but maybe it’s too quiet ?

Because Human beings (including designers) are still “social” animals, who are designed to mingle. With this conclusion another question comes up

Which tasks are given in crowdsourcing ? 

How can you make the best use of crowdsourcing ?

Well here are just a few cases of crowdsourcing. A webdesigner for example, could get feedback on his webside before making it public. Or the webside ‘Couchsurfing’. A social platform where people all over the world offer their couches, beds and even rooms to traveling people. Another good example is Crowdjourney a website which offers help for the people that want to crowdfund, to create a video to spread the word. 

Obviously working in a crowd, collaborate and trusting each other is a good way that leads us to success !

image

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This post was originally published at the Project Community blog: Aureole

follow the crowd

It is great how entrepreneurship changed with the help of the new media. If you have a new Idea, you do not have to go to the bank anymore. You can start your own funding campaign and find your crowd that believes in your idea. Some entrepreneurs use Crowdfunding as an validation of their idea, and go after their funding goal to a bank and ask additional for a credit.

image

If it just would be so easy…. only 44 % of Kickstarter project reach their funding goal. Somehow I do feel very sorry for them. But on the other side it is just natural. The best idea will survive.

Some Crowdfunding pages I explored..

I think Kickstarter is the most famous platform. Most project on Kickstarter are from the US. I think you need to be US-resident to start a campaign (movies, theaters, comics, art, food, games, music, photography, products,..but no funding for your next vacation). Kickstarter charges a 5% fee for every successful project. What happens when a kickstarter-project doesn’t get the money, they were looking for? Do the backers get their money back? According to Kickstarter they only charge your card if the funding goal is reached.

Amanda Palmer had 25,000 backers that supported her album, book and tour.

Everyone can receive fund. Indiegogo get 4% from every campaign. And there might be some additional fees, depends on where you are from.

If you choose the “flexible Funding” you get the money you raised so far even when your campaign failed. Indiegogo charges you than a 9 % fee.

Also RocketHub charges a 4% fee for successful projects and 8% for failed funding goals.

They divide fundraiser into 4 categories: Nonprofits, Individuals, Corporations and Foundations. Uses technological advantages of iPhone app, Donations Widget and Facebook Widget.

Charges just 2.9% fee of total fund.

Crowdrise helps to raise money for Charity (like animal welfare, arts, cultures, diseases, education and religion). You could even raise money for you birthday, wedding or own project. mmh… maybe my next world travel…

Than there are crowdfunding pages, speciall for every country.

It might be a trend. It is new… It is exciting… but how long? Maybe in the future people will get bored and do not support many crowdfunding platforms.

There are so many Crowdfunding platforms but I have not seen any combination of Crowdsourcing and Crowdfunding. Do you know one page that combines both very good?

For example I do like the idea of Buca-boot a lockable bike basket. Especially in the netherland it could have a huge market. But I do not like the design of it at all. So why don’t use Crowdsourcing to make a very good product and than more people want to back your product.

Crowdfunding is for creating a buzz, word-of-mouth and for financing.

I think crowdsourcing is a lot of work. Maybe more work than to go to a bank clerk. Convincing the crowd maybe harder than convincing the bank. Getting one vote may be tough, but getting many is tougher.

CU

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This post was originally published at the Project Community blog: Miri's Desk