The Library Will Be Crowdfunded

27/11/2012 § 6 Comments

Crowdfunding is when individuals come together as a crowd to fund projects by other individuals and organizations. Often funders get perks or rewards for their contribution, ranging from small benefits like a thank you post card or a tote bag to original artwork or a private concert.  The two most popular crowdfunding platforms are Kickstarter and Indiegogo.

“Dollar in Piggy Bank” by Images_of_Money under CC license via flickr.

Recently there have been some amazing projects produced as a result of crowdfunding. Musician Amanda Palmer crowdfunded over a million dollars for her independent album and tour through her Kickstarter campaign. Crowdfunding has repeatedly proven itself as a way to fund creative projects like Palmer’s as well as literary magazines and documentaries. Technology and science have also jumped on the crowdfunding bandwagon. Matthew Inman, creator of The Oatmeal, launched a triumphant campaign to buy back the former laboratory of scientist Nikola Tesla that will eventually be turned into a museum. Over the weekend evolutionary pharmacologist Ethan Perlstein successfully crowdfunded a meth lab…for research! Data from the lab’s research will be openly available and the research will eventually be published in an Open Access journal.

But what has this to do with the library world?

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