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Archive for February, 2011

crowdfunding goes cultural!

February 15, 2011 Leave a comment

It seems every day a new crowdfunding platform seems to pop out of the ether. A new platform has indeed come up in the UK called ‘We did This’ http://wedidthis.org.uk/ which is all about helping to fund the arts. This initiative has been developed at an opportune time when the new government has significantly cut down funding to the arts in line with their austerity measures. We did this seeks to remove the middle man between artists and funders by allowing them to contact eachother directly and quickly through the internet. This is an innovative way to promote the ‘smaller artist’ to reach interested funders, who normally would go directly to large Art Institutions to make donations or support artists.

Keep any eye open for more developments in this very exciting field!

Categories: crowdsourcing

do you really want to fight poverty? try girl power

February 10, 2011 1 comment

I read an interesting article last night from Nancy Gibb (Essay, Time magazine, February 14) talking about the best way to fight poverty: her idea is girl power, i.e invest in young women/girls in developing countries and you have the perfect recipe for economic development. She calls this the silent revolution not the noisy ones we have seen lately in the North of Africa and presents statistics such as the fact that in sub-saharan Africa, only 1 in 5 girls make it to secondary school, half are married by the time they are 18 and girls under 15 are 5 times more likely to die giving birth. It is extremely thought-provoking that helping out women can make the impact as it is generally accepted that when women earn money they reinvest 90% of it back into their families (compared with men who reinvest just 30%). This is the thought process behind the soon to be launched peer-to-peer microfinance lending site Inuka.org. Inuka means ‘to rise up” in Swahili and the online platform will geared solely to lending to women owned businesses in sub-saharan Africa. The uniqueness of this model is that the lending will be done to women’s groups rather than individual women, and it will give the chance to social investors across Europe to help make a difference by investing in women. And this wont be charity as charity has been proven many times over to increase depency and not create real wealth and development. This exciting venture is set to take off in just a few weeks and is a partnership with myAzimia.org,(http://www.myazimia.org/) keep a watch on www.inuka.org

crowdsourcing goes to hollywood!

February 9, 2011 Leave a comment

It wasn’t going to take long for this to happen, with the crowdfunding revolution moving at the current crazy pace: the first crowdfunding movie will be shown at the Sundance festival this year and is the culmination of about 40,000 hours of footage from random people around the world who wanted to share a piece of their lives with Hollywood. The film is called ‘Life in a day’  and follows a documentary form with all the footage compiled from YouTube; 4,500 video clips were sent in from 190 countries round the world showing things as varied as women in Africa pounding Cassava lunchtime to a little American boy’s reluctance to be part of a family video project about his mom’s fight with cancer. The film’s completely arbitrary nature and the fact that it will be shown at the pre-eminent Sundance festival just goes to show how quickly crowdsourcing has come of age. Thousands of people around the world have been a part of this film and each them had a unique story to tell and share. For sure we are going to see more of this type of collaboration in future!
 myAzimia’s software platform can help you get your crowdfunding/crowdsourcing platform off to a great start, check out our site..http://www.myazimia.org/