Yesterday’s discussion around the ParaShoot camera project and whether it was doing any more than rebadging a Chinese ODM’s product, available in bulk on Alibaba already, for sale here in the US or actually developing something novel lead to some thoughts on crowd funding and what they can, or should, be applied to.
Manu Vollens (@manuvollens) proposed that crowd funding should only be used for disruptive projects:
Whether or not that applies to the ParaShoot project, I do think it is a little too restrictive on the funding model. One of the advantages of crowd funding is that in parallel with raising the money to fund your project you are also gauging the market’s demand for your project. But why should that be limited to disruptive projects?