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http://www.businessesgrow.com/2011/08/31/the-top-five-crowdsourcing-mega-trends/ I had my eyes opened to the massive growth of the crowdsourcing industry at a SXSW panel earlier this year. Ever since then, I have been looking for an opportunity to bring more information on this trend to {grow}. I’m fortunate today to have an expert on the subject, David Bratvold, provide a guest post:

The Top Five Crowdsourcing Mega-trends

http://p2pfoundation.net/Category:Peerfunding This wiki section is dedicated to the topic of "How do we make Peer Production sustainable? Donations -based business model Crowdfunding business model Freemium as a business model To be developed: Ethical finance Social investment and philantropic venture capital Microfinance Social lending Prizes Goteo , commons and community oriented crowdfunding platform Flattr [1] , a system for social micro-donations to support online creative work Kachingle , quite similar to Flattr, but uses Paypal and proportionally distributes amongst number of visits to sites users wish to support CivicSponsor [2] is a new twist to crowdfunding--it allows folks to contribute to public projects in their neighborhood. Get new bike lanes from your local government, receive a tax deduction. Great participatory budgeting initiative.

Category:Peerfunding

Crowdsourcing is the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, and especially from an online community, rather than from traditional employees or suppliers. Often used to subdivide tedious work or to fund-raise startup companies and charities, this process can occur both online and offline. [ 1 ] The general concept is to combine the efforts of crowds of volunteers or part-time workers, where each one could contribute a small portion, which adds into a relatively large or significant result. Crowdsourcing is different from an ordinary outsourcing since it is a task or problem that is outsourced to an undefined public rather than to a specific, named group. http://en.wikipedia.org/wiki/Crowdsourcing

Crowdsourcing

http://en.wikipedia.org/wiki/Crowd_funding

Crowd funding

Crowd funding or crowdfunding (alternately crowd financing , equity crowdfunding , or hyper funding ) describes the collective effort of individuals who network and pool their money, usually via the Internet , to support efforts initiated by other people or organizations. [ 1 ] [ 2 ] Crowdfunding is used in support of a wide variety of activities, including disaster relief , citizen journalism , support of artists by fans, political campaigns, startup company funding, [ 3 ] motion picture promotion, [ 4 ] free software development, inventions development, scientific research, [ 5 ] and civic projects. Crowdfunding can also refer to the funding of a company by selling small amounts of equity to many investors.