Posts Tagged ‘crowd funding’

The Trews newsagent awning

April 3, 2015

Thanks to crowdfunding on StartJoin initiated by Tracy Herbert and supported by Russell Brand and Max Keiser, a Sun awning was ripped down and replaced by one for The Trews at a newsagent in Hoxton (Hackney).

The project rolls on to do the same with other newsagents across the country.

Carry out direct action, turn The Sun upside down, back to front, then pile other newspapers on top.

I do not know if it has been done, but a hoarding  outside advertising the latest Trews, with a smart code to snap with a smart phone to link direct into the latest Trews, would be a great idea.

StartJoin

January 4, 2015

The ideal number of backers for this project would be 2500 people contributing one pound each. A real people power awning. — Stacy Herbert on Trews awning for a newsagent

As discussed in Sacred Economics, there are many things we can see that need to be done, but from where do we find the time, from where do we find the money?

A wood, I go to a bank, say I wish to borrow a million pounds. Why, asks the bank. To buy a wood, I say. And then what, asks the bank. Nothing, reply I, I wish to save the wood from development. End of conversation, I will be politely shown the door. On the other hand, if I show my business plan, I will cut down the trees, sell the timber, then develop the land for a retail park, the bank will happily lend me the money. They will even ask do I have any more woods that I wish to develop.

We work to earn a living. We can solve by giving everyone a basic income, they can then pursue what they wish to do, not work in a soul-destroying environment, for a bad employer, on minimum wage, part-time, temporary, zero hours. A McJob.

We can raise the minimum wage. This will put many bad employers out of business. Others can then afford leisure time.

We can then afford to participate in the sharing economy.

My wood, I could crowd source the money. Invite people to explore the wood, help take care of the wood, learn woodland skills, so they too can help save a wood, small scale coppicing to increase the diversity of the wood and earn a small income from the wood. My wood, if in a water catchment area, will provide added value to the wider community in the form of external services, slow down water flows, prevent flash floods downstream.

StartJoin is a crowd funding platform with a difference.

It is unusual in that the emphasis is on supporting community projects, cultural projects.

Want to record an album? Lack the funds to do so? Why not crowd source using StartJoin? It has a category for music. Do a few gigs, tell people about your crowd sourcing. Then release on bandcamp.

Russell Brand has used StartJoin for a very simple project, an awning for a newsagent to promote The Trews, to replace an awning promoting The Sun. Rewards include a signed copy of Revolution.

Funding has already been raised. I would suggest any surplus be used for an A-board outside with posters for latest Trews and a QR code to take you straight there. And of course an awning for another newsagent, depending upon how much money raised.

Sell-Off – The Abolition of Your NHS, is a film documenting the privatisation of NHS. It is half way to its funding target.

StartJoin is also unusual in that it has an associated crypo-currency, StartCoin.

Projects can earn StartCoin from StartJoin, ie the platform actively supports projects.

StartJoin is a community, users are encouraged to support each other with ideas and other support, not simply through financing.

Note: StartJoin accepts euros, pounds, dollars and Bitcoin, but not StartCoin. Odd.

The one thing I do not like, the facebook sign in and registration. Never be tempted, always log in with User ID and password. Facebook already collects and abuses personal information on you and your friends and activities within facebook, please do not grant them access to what you are doing outside of facebook.

StartJOIN need to give serious thought to this facebook sign in and connection, as it is to abuse the StartJoin community.

Lunar Mission One

November 20, 2014

Note: These videos are gross. Waffle, and nothing or very little on the project.

Note: Leaving DNA on the Moon is incredibly foolhardy. What alien species has access?

Lunar Mission One has to be the most ambitious crowd funding project to date, a mission to the Moon.

The mission will be in ten years time to land a probe on the south pole of the Moon

  • largest crater in the universe
  • in direct sunlight
  • in direct line of sight with the earth

A core sample will be drilled, at least 20m, possibly 100m deep.

A time capsule will also be left on the Moon honouring those who made Lunar Mission One possible.

We have all been stunned by a a rendezvous with a comet, orbiting a comet, then sending a lander down to the surface of the comet.

Crowd funding has a long history.

The Great Exhibition in Crystal Palace was made possible by public subscription.

So much money was raised including tickets sales, it paid for the V&A, Natural History Museum, Science Museum, Royal Albert Hall and Imperial College. The Trust still exists, and makes available for science, £2 million every year.

How effective crowd sourcing?

April 12, 2014

You selling out to Facebook is a disgrace. It damages not only your reputation, but the whole of crowdfunding. I cannot put into words how betrayed I feel by this. — Oculus crowd funder backer Sergey Chubukov

A chapter in The Zero Marginal Cost Society looks at crowd sourcing, but is light on facts and figures.

What are the determining factors? The crowd sourcing site, the project, number of fans and followers?

Crowd sourcing sites handle the mechanics of raising the money, but what do they do to raise awareness?

Amanda Palmer, Dark Mountain, Steph Bradley have had very mixed results on using crowd sourcing.

Amanda Palmer is net savvy, has large number of fans and followers. Crowd sourcing for a new album was massively oversubscribed.

Imogen Heap, net savvy, a large number of fans, is using crowd sourcing to raise £200,000 for her Mi.Mu Glove for Music. With a little over £64,000 raised and 21 days to go, she has some way to go to meet her target of £200,000 for the project to go ahead.

Imogen Heap has used crowd funding to fund her latest album Sparks. A limited edition deluxe box set, the first one hundred were invited to a party at her house to collect, went within hours.

The Dark Mountain Project were able to successfully use crowd sourcing to fund Dark Mountain, their annual anthology of poetry, prose, essays and art, but less successful at funding their album From the Mourning of the World.

Steph Bradley only managed to raise a third of the money, nearly half if we add in those who financed her direct, for her book Flip Flop.

Farnham Local Food, has launched Grow-a-Grower crowd funding project. So far so good. But why launch through a crowd funding site, in this case, Crowdfunder? Even were the site to raise awareness, what interest is there going to be in a food growing project in Farnham? Zilch. The place to raise awareness is within Farnham and the surrounding area. What use is being made of garden share schemes?

How does crowd sourcing compare with alternative sources of financing, bank loans, knocking on the door of venture capitalists, an advance from record company or publisher?

A record label or publisher may grant an advance, which then has to be paid for out of royalties, but if sales do not meet expectation, the writer or artist is left penniless or worse, in debt to the publisher or record label, and then becomes little more than indentured labour.

On bandcamp take in pre-orders, on leanpub can serialise a book, with readers getting regular updates until they receive the final book.

Flip Flop will be serialised on leanpub as an e-book, when the funds raised, published as a paperback.

If people help crowd source a project, they are participating in the Gift Economy, they may get something in return, an album, signed copy of a book, tickets to a concert.

Triptych I (Eight for a Wish), is the first of a trilogy.

The cover art for Triptych I (Eight for a Wish) is a painting created by San Francisco artist Eden Gallanter, inspired by the song Supernova, which she heard the first time Artemis performed it live, at DNA Lounge in December 2012. It is well worth exploring more of Eden’s deeply intuitive art and science through her new Cheimonette Tarot deck at kickstarter. The deck includes a compilation CD of music inspired by the cards and Eden’s readings — songs from Meredith Yayanos, Jill Tracy, Unwoman, Mark Growden, Star St. Germain, Myrrh Larsen and Artemis.

The Triptych trilogy was released as a series of limited edition albums. Triptych trilogy with three art prints is limited to five.

All these projects are community supported projects. The community should in some way benefit.

Those seeking the funding should be prepared to contribute to the Global Commons, else why should anyone fund them?

Imogen Heap has agreed to make her music glove project open source.

Oculus was funded through kickstarter. It was then sold to facebook for $2 billion. Venture capitalists who muscled in made a killing those who supported the project in its early stages got nothing.

Around 10,000 people gave Oculus $2.5m between them. Should each of them not have got a proportional share of that $2 billion sale? Should it have even been sold to facebook?

Many more scandals like Oculus, and crowd funding will acquire a dirty name and the funds will simply dry up.

This is the type of dirty behaviour we expect from the banks, the antithesis of a contribution to the Global Commons.