by Anthony Regalado, Technology Review
In the U.S., Internet funding occurs on Indiegogo, GoFundMe, and similar websites that permit people to donate money to projects, including films and journalism. Often they’re promised something in return, like a T-shirt or movie ticket. Silver and his partner, Eric Rosenbaum, promised MaKey MaKey kits to anyone who gave them $35; they ended up getting donations from 11,124 people. Crowdfunding is supporting inventions which might otherwise have limited economic prospects, including gadgets appealing to narrow markets, hobby kits, and a 4,000-pound spider robot that can seat two (see “10 Emerging Technologies: Crowdfunding”). Perhaps most of all, it has become a fertile outlet for self-described “makers” such as Silver, who says his goal is to create “a more democratic world where everyone modifies their own space.”
http://www.technologyreview.com/news/428986/what-technologies-will-crowdfunding-create/
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