The Crowdsourcing and the Crowdfunding

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Presentation on the Crowdsourcing and the Crowdfunding made by Serge Van Oudenhove for the Certificate in Marketing and Web 2.0 @ Ichec Enterprise Bruxelles

Transcript of The Crowdsourcing and the Crowdfunding

The Crowdsourc

ing1

Certificat en Marketing Digital et Web 2.0

25 March 2014

Serge Van Oudenhove

“The term social refers to the interaction

of organisms with other organisms and to

their collective co-existence, irrespective

of whether they are aware of it or not,

and irrespective of whether the

interaction is voluntary or involuntary.

Wikipedia

2

“An economy or economic system

consists of the production, distribution or

trade, and consumption of limited goods

and services by different agents in a

given geographical location”

Wikipedia

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HOW DID WE

GET HERE ?

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TIME MACHIN

E5

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April 30th

1993 14

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“The WorldWideWeb (W3) is a

wide-area hypermedia information

retrieval initiative aiming to give

universal access to a large universe of

documents.”

CERN (1993)

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World Wide Web

WWW became free and available for everyone

• Open Universal Acces to information

• http://

info.cern.ch/hypertext/WWW/TheProject.html

• Verry high rate of adoption

• E-commerce, Search Engine and Social Media

Emergence

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18 1994

199819

20 2004

IT’S GOING

FAST !21

The social economy: Unlocking value and productivity through social technologieshttp://www.mckinsey.com/insights/high_tech_telecoms_internet/the_social_economy22

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1,8 Billion Social Network

Users24

VERRY

FAST !!!

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2014

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TECHNOLOGICALTR

ENDS31

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WEB 2.0

• Web as a platform • Collective Intelligence

Collaborative network effect • RSS syndication • Saas

Tim O’Reilly (2004)

Web 1.0 Web 2.0

Content Management System Wikis

Personal Website Blogging

Publishing Participation

Search Engine Application

Domain naim SOA\SOE

Free Freemium

Directories Tagging

Taxonomie Folksonomie

License Saas

Server Cloud Computing

O’Reilly Tim, “What is Web 2.0: Design Patterns and Business Models for the Next Generation of Software”, Communication & Strategies, (2007)

The Social Technologies

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The Social Technologies

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The Cloud

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Big-Data

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“Every two days now we create as much

information as we did from the dawn of

civilization up until 2003...

…That’s something like 5 exabytes of data”

Eric Schmidt,

Google CEO (2010)

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The Rise of the mobile

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SOCIOLOGICAL

TRENDS43

The Digital Natives

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The Collective Intelligence“Collective

intelligence is shared or group intel

ligence that emerges from the

collaboration, collective efforts, and

competition of many individuals

and appears in consensus decision

making. ”

WIKIPEDIA

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Why the Many Are

Smarter Than the Few

and

How Collective Wisdom

Shapes Business,

Economies, Societies and

Nations.

James

Surowiecky

Not all crowds are wise…

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The Wisdom of Crowds

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The 4 conditions to form a wise crowd

• Diversity of opinion

• Independence

• Decentralization

• Aggregation

Application of the Wisdom of Crowds

• Crowdsourcing and Crowdfunding

• Open Innovation

• Open Source

• Problem Solving Method

• Prediction Market

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Why the Collaboration should be limited to within the « Four Walls » of the organisation ?

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Crowdsourcing :Why the Power of the Crowd Is Driving the Future of Business, Jeff Howe (2008)

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Cloud Labor

“Leveraging of a distributed virtual

labor pool, available on-demand to

fulfill a range of tasks from simple

to complex. Crowdsourcing is used

to connect labor demand and

supply”

Crowdsourcing.org

Cloud Laborhttp://www.freelancer.com/

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https://www.odesk.com/

Cloud Labor

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Crowd Creativity“Tapping of creative talent pools to

design and develop original art,

media or content.

Crowdsourcing is used to tap into

online communities of thousands of

creatives to develop original

products and concepts, including

photography, advertising, film,

video production, graphic design,

apparel, consumer goods, and

branding concepts”

Crowdsourcing.org

Crowd Creativityhttp://fr.99designs.be/

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Crowd Creativityhttps://www.scoopshot.com

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Crowd Creativityhttps://www.olapic.com/

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Crowd Creativityhttp://www.jelli.com/

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Crowd Creativityhttps://www.audiodraft.com/

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Open Innovation“Use of sources outside of the entity

or group to generate, develop and

implement ideas. In a world of

widely distributed knowledge,

where the boundaries between a

firm and its environment have

become more permeable, companies

cannot afford to rely entirely on

their own research and ideas to

maintain a competitive advantage”

Crowdsourcing.org

Open Innovation

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Open Innovationhttps://www.innocentive.com/

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Open Innovationhttp://www.openideo.com/

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Open Innovationhttp://www.openideo.com/

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Open Innovationhttp://lego.cuusoo.com/

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Open Innovationhttp://lego.cuusoo.com/

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Open Innovationhttp://www.ideastorm.com/

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Distributed Knowledge“Development of knowledge assets

or information resources from a

distributed pool of contributors.

Crowdsourcing is used to develop,

aggregate, and share knowledge

and information through open Q&A,

user-generated knowledge systems,

news, citizen journalism, and

forecasting”

Crowdsourcing.org

Distributed Knowledgehttps://fr.wikipedia.org

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Distributed Knowledgehttp://www.quora.com/

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Distributed Knowledgehttp://www.imdb.com/

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Distributed Knowledgehttp://www.tomnod.com/nod/

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Crowdfunding

“Financial contributions from online

investors, sponsors or donors to

fund for-profit or non-profit

initiatives or enterprises.

Crowdfunding is an approach to

raising capital for new projects and

businesses by soliciting

contributions from a large number

of stakeholders”

Crowdsourcing.org

Crowdfunding

• Equity-Based Model

• Lending-Based Model

• Rewards-Based Model

• Donation-Based Model

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Equity-Based Modelhttps://www.wiseed.com/fr

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Equity-Based Modelhttps://www.mymicroinvest.com/

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Lending-Based Modelhttps://www.lookandfin.com/fr/accueil-12/

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Lending-Based Modelhttp://www.kiva.org/

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Reward-Based modelhttps://www.kickstarter.com/

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Reward-Based modelhttp://www.kisskissbankbank.com/

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Donation-Based modelhttp://www.crowdrise.com/

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TO CONCLUD

E94

Thanks for your Attentio

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More Informationhttp://www.crowdsourcing.org/

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