Tag: crowdsourcing week

Crowdfunding – The Asian Story

April 21st, 2014   •   2 comments   

Is there a crowdfunding market in Asia? How does it differ from the West?

According to a Business Times article late last year, the crowdfunding market potential for South East Asia is projected to grow to some US$8.9 billion come 2025. In Singapore, total venture capital funds in start-ups were only about S$25.2 million in 2012 – a proverbial drop in the vast ocean considering our status as a financial hub. Against such a backdrop, it is evident that there is much potential for crowd-sourced funds to grow. 

Thanks to a presentation by Nicola Castelnuovo of Crowdonomic at the recent Crowdsourcing Week Global 2014, I picked up a thing or two about the crowdfunding eco-system in our neck of the woods.
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StarHub embraces Crowdfunding with Crowdtivate

April 15th, 2014   •   1 comment   

Poster child of the burgeoning crowdsourcing movement, crowdfunding is estimated by Massolution to have raised some US$5.1 billion globally in 2013. Internationally, US-based players like Kickstarter, Indiegogo, and RocketHub have kicked butt, while the Asian scene has been relatively quiet.

Until now.
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Creativity and Innovation from the Crowd

June 16th, 2013   •   no comments   

Ross Dawson

We’re all part of a “global brain”, nodes in a vast interconnected network of humanity.

So says Ross Dawson, author of Getting Results from Crowds. Sharing his perspectives at the recent Crowdsourcing Week here in Singapore, Dawson proclaimed that this ubiquitous connectivity accelerates both openness and creativity, mediated by the social web.
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Is Crowdsourcing Rocking Your World?

June 9th, 2013   •   2 comments   

Well, Sean Moffitt (above), author of Wikibrands, seem to think so. And he isn’t the only one.

If you’ve followed the news, you would know that Singapore start up Pirate3D (a 3D printer maker) raised a staggering $366,763 from crowd funding platform Kickstarter just 24 hours after being listed! With almost 2,000 backers, the firm has already raised close to $770,000 in total which is way above its $100,000 target.
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