A significant compnent of crowdfunding is the psychology of the giver. I know of a very successful campaign for a heart transplant for an African American where a number of would-be backers just assumed that the candidate was milking the government for the heart, and not your avergae insured American who has run out of coverage. We'll see how this goes for businesses.
Bing bing bing."Attention! Excuse me! Attention!"It's well past midnight in Park City, Utah, at the Sundance Film Festival, when Karim Amer hoists himself onto the bar, stands up straight, puffs his chest, and starts tapping his glass.
As the scale and complexity of ambitious installation art continues to grow, so, too, can costs. Which is why installation artists are increasingly turning to crowdfunding.
Anna B. Scott's insight:
Both fantastic, and maddening: wither PUBLIC art?! Is the lack of public funding--cause, um, crowdfunding is private funding, peer-to-peer, but private nonetheless--driving the rush to the spectacular, or really, do audiences like to be participant-observers of their emotinal ride from the conception to the articulation fo a project?
By no means the first crowdfunding platform focused on journalism, this is the only one focused at videography. We'll see how this goes. In someplaces on the earth, holding up a video camera or smartphone is a sure-fire way to get your head cracked in...okay, in most places.
How about a crowdfunding site to unite, support and protect citizen journalists? I would donate to that.
The fairly new way for people to invest in projects and ideas is increasingly more popular. The crowdfunding market nearly doubled last year -- funding more than 1 million campaigns. Read this article by Dara Kerr on CNET News.
Great work Chance Barnett! Get ready Los Angeles to pitch your social capital project for $20K. To get a shot at this type of funding, you normally would need to go to SOCAP as a gradutate of one of the Hub's social capital incubator programs. Here, however, is an open call for Angelenos to help make their city a world class place for all types of people. Good luck! --ABS
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