At a time when the above-ground economy seems to be stuck in perpetual neutral, something very interesting is happening in the underground economy. On do-it-yourself crowd-funding sites like Kickstarter, significant amounts of capital are starting to flow to a group of ingenious projects that bridge the gap between the creative arts and cutting-edge technology — a sweet spot that’s pure money. In some cases, entrepreneurs are raising $100K or $200K at a time — even when they ask for only a fraction of that. In the post-downgrade economy, these instances are proof that a solid business plan, a way to reward passionate supporters and a little DIY mojo goes a long way.
Consider some of the projects that are being funded these days. Two recent crowd favorites include the Desktop Jellyfish Tank, which set out to raise $3,000 and ended up raising more than $100,000 from supporters…
Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Learn resistor values with Mho’s Resistance or get the best electronics calculator for engineers “Circuit Playground” – Adafruit’s Apps!
No comments yet.
Sorry, the comment form is closed at this time.