Macroblog

About Me

Crowdsourcing: A Definition

  • I like to use two definitions for crowdsourcing:

    The White Paper Version: Crowdsourcing is the act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it to an undefined, generally large group of people in the form of an open call.

    The Soundbyte Version: The application of Open Source principles to fields outside of software.

The Rise of Crowdsourcing

  • Read the original article about crowdsourcing, published in the June, 2006 issue of Wired Magazine.
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July 07, 2008

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Comments

Tom Powell

I'd be interested in reading more about your views around Crowdfunding of creative endeavors. I recently wrote a round-up post on crowdfunding: http://coinnovative.com/part-2-crowdfunding-investing-and-donation-20/

It seems the main challenge is getting the critical mass of people to a specific project, leading me to believe that perhaps some kind of editorial control should be retained by the crowdfunding organization in order to focus the crowd on the few, most promising endeavors. It takes marketing, promotion, or that rare viral word of mouth to raise money.

Difficult to pull off, but as I found in collecting a whole host of crowdfunding projects in the above mentioned post, it's been applied successfully in a number of arenas.

Digidave

Tom
You hit on an excellent point: "It seems the main challenge is getting the critical mass of people to a specific project."

That's a big part of my next post (which will be about Spot.Us). But as I mention in the post - it's the problem that any crowdfunding project has. Example - Spot.Us has one pitch right now (hey, we just started, one at a time is fine by me). All it needs is 20 people to donate $10. It's an environmental story - which is a hot topic. So I know there are 20 people out there who would be willing to donate $10. I just need to find them. That's the hard part!

As for crowdfunding in the arts: Check out StrayForm and ArtHead (http://www.arthead.org/). I just did an interview with the founder of ArtHead today and I'll try and edit it to put up a post soon (no promises on the "soon" part.

Best
David (temporary Crowdsourcing blogger).

kraloyun

That's a big part of my next post (which will be about Spot.Us). But as I mention in the post - it's the problem that any crowdfunding project has. Example - Spot.Us has one pitch right now (hey, we just started, one at a time is fine by me). All it needs is 20 people to donate $10. It's an environmental story - which is a hot topic. So I know there are 20 people out there who would be willing to donate $10. I just need to find them. That's the hard part!

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