Started as a one-man team , entering design competitions in 2008 , has become a volunteer team , and now more than 150 people worldwide . Competition in a 100- mile road , legal tools , Wikispeed through institutional innovation model has been able to take a handful of volunteers and innovation faster than its capital adequacy competitors. Open source project has been designed to take advantage of social media , and by adhering to the principle of innovation , with all applicable technical volunteer experts in various fields . The results have been staggering 117 miles of the model is now just $ 25,000 . , Wikispeed so quick to find so many reasons for the success of open cooperation and institutional innovations give the company public use . By focusing on the process and the use of so many different people’s experiences , Wikispeed been able to solve design problems , the traditional method of a small part of the cost . Progress graphene institute Insurance Automotive X Prize , during which they can complete a working prototype for the 100 miles of the car is less than $ 300,000 in funding . In contrast , it took hundreds of millions of other teams entered the competition , you start to see this pattern of economic value.