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Crowd funding is the use of small amounts of capital from a large number of

individuals to finance a new business venture. Crowd funding makes use of the easy
accessibility of vast networks of people through social media and crowd funding websites to
bring investors and entrepreneurs together. Crowd funding has the potential to increase
entrepreneurship by expanding the pool of investors from whom funds can be raised beyond
the traditional circle of owners, relatives and venture capitalists.
In the United States, crowd funding is restricted by regulations on who is
allowed to fund a new business and how much they are allowed to contribute. Similar to the
restrictions on hedge fund investing, these regulations are supposed to protect
unsophisticated or non-wealthy investors from putting too much of their savings at risk.
Because so many new businesses fail, their investors face a high risk of losing their
principal.
The crowd funding model is based on three types of actors: the project initiator who
proposes the idea and/or project to be funded, individuals or groups who support the idea, and a
moderating organization (the "platform") that brings the parties together to launch the idea. The
inputs of the individuals in the crowd trigger the crowd funding process and influence the ultimate
value of the offerings or outcomes of the process. Each individual acts as an agent of the offering,
selecting and promoting the projects in which they believe. They sometimes play a donor role
oriented towards providing help on social projects. In some cases, they become shareholders and
contribute to the development and growth of the offering. Individuals disseminate information about
projects they support in their online communities, generating further support (promoters).

The words "Kickstarter," "Indiegogo" and "crowdfunding" come up pretty
often these days, but do these platforms really turn amazing ideas into reality? The
simple answer is yes. Every day, projects across the spectrum of science, arts,
environment, music and education not only meet their goals, but exceed them far.
What follows is a list of such projects which can serve as inspiration for those of us
with great ideas who just need a little bit of help to realize them.

 BRINGING ART TO LIFE (THE MARINA ABRAMOVIC
INSTITUTE) - Spurred on by her award-winning work – including this
moving performance art installation at New York's MoMA – celebrated
artist Marina Abramovic raised $661,452 this year to build her dream
project. Abramovic aims to put art, science, technology and
spirituality together in the "Marina Abramovic Institute," a dynamic
museum which displays what she calls "long durational work." All
visitors will become active participants in the art, in line with her call
for supporters to take part in the inception of the project itself via
Kickstarter.

The series features a young girl named Goldie . mechanical. The Nourishmat kit includes 19 plant varieties.  ROCKING SOCIAL MEDIA (AMANDA PALMER) - After ditching her record label. getting ready to empowering people to start growing their own food and flowers. The social media darling managed to raise a whopping $1. The +POOL project began with the goal of cleaning the entire river.a jack of all trades who loves to build things.2m x 1.The brainchild of engineer Debbie Sterling.  BLOCKING MOSQUITOES (KITE) . dill and mint.192. taking the Internet by storm and giving this incredibly inspiring TED talk. including basic vegetables like carrots and spinach. this Kickstarter-funded dream which is now a reality aims to pique the interest of young girls with a construction toy and book series. starting with one small piece at a time.8m roll-out garden mat with pre-cut holes and built-in irrigation. Amanda Palmer and her band The Grand Theft Orchestra are putting out a new album – completely funded by Kickstarter. SWIMMING IN NEW YORK (pool) . electrical and filtration systems. the GoldieBlox educational products are now available in Toys R Us.developing technology designed to filter the very water it floats on – and at the same time allowing New Yorkers to swim in clean river water for the first time in 100 years.793 in the onemonth campaign.This cool New York project – featured on Goodnet earlier this year – raised $273.114 through Kickstarter to build a filtered. and is planning an art book to go with the new album. After raising $285. and useful herbs like parsley.  GROWING FEMALE ENGINEERS (GOLDIEBLOX) .  ROLLING OUT HEALTH (NOURISHMAT) . The team is now hard at work developing the full water cleansing assembly and finding the best structural. The recently-funded project raised $107. After that it expanded . floating swimming pool in the middle of the river.881 at the end of 2012.Anyone who dreams of starting a garden but can't quite seem to find the equipment or energy (or both!) will love this product – a 1.534 – far exceeding its initial goals – and is now gearing up for production.

It’s about making something happen with a crowd of people who believe in something. To simplify a pretty complicated matter. and is now in production after raising $484.000 they set out to raise. which is heavily affected by mosquito-borne illnesses. The idea was the brainchild of a University of California team. and the initiative was jumpstarted by generous support from the Bill and Melinda Gates Foundation and National Institutes of Health. and establish a funding goal. crowdfunding isn’t about collecting money. the scientists used synthetic biology and Genome Compiler's software to make plants that literally glow.013 – significantly more than the $65.in partnership with Pilgrim Africa – is now working to distribute the magical patch to Uganda. Normal people. either philanthropically or in return for certain associated rewards.This innovative and nontoxic patch – another Goodnet favorite keeps mosquitoes at bay for up to 48 hours. In general. Crowdfunding has created the opportunity for entrepreneurs to raise hundreds of thousands or millions of dollars from anyone with money to invest. Since exceeding their Indiegogo funding goal seven times over. set up a pitch. not rich people with a lot of power. The vast majority of crowdfunding platforms are websites that allow anyone to establish a project. by affixing to clothing and deterring insects that track humans by smelling for carbon dioxide. Kite . The little trees – which were inspired by the science that lights up fireflies and the magical fantasy world depicted in the movie Avatar – should be ready for sale in 2014.  REDIFINING NATURAL LIGHTING (GLOWING PLANTS) This bright idea was put together by a team of super-smart scientists from Israel and the US. . just people like you and me. allowing anyone to donate money to their idea.