Crowd funding has been successfully used to launch many new inventions, musical and artistic projects. Will scientists now turn to crowd funding or is this merely a passing fad?
Interesting question! I just recently encountered "crowd funding", a music band I know is using crowd to fund their first album. I think its a very promising development.
However, in this case, if you fund them you get all different kind of treats (the album with signatures of the musicians and so forth). How could we do this in science? Especially, with basic science? I think that the opportunities are quite limited, because most research is not intuitively important to everybody. So the project would need to be on subjects many people really have an interest in. Also, I doubt that many people would like to pay for a researchers salary....
So, I think that other approaches like "citizen science" will have more impact in the future science than something like crowd funding. BTW citizen science has also the power to reduce costs for large scale research projects, or make it even possible.
Yes, I agree that the type of project and research is important. I am curious about whether it will work or not. If you are interested I will send you the link.
Yes I am! I would be also interested in how the people who support you are informed about the outcome of the research, I wasn´t able to find a link to papers etc. on the rockethub-page.
Pretty much...although honestly crowd funding does not generate the same kind of funding as a grant so I wouldn't lose sleep over something like that. Also, peer review is an imperfect mechanism. Sure, sometimes it leads to rigorous quality assurance but on the other hand, what about politics, entrenchment and the old boy's network (which my university is not a part of BTW).
Another platform is Patreon, at least for those that work with more artistic fields. There are many options for how to run your funding through that. I use this platform for my artistic research and practice-led research in Japanese rope bondage (shibari and kinbaku) instruction and performances.
Basically, how I have it set up is for those that pay $10 a month, get some of the raw data (usually photographs and snippits of current data); $25 per month gets video updates including the interviews with my partners, Q&A on the current reserch and practice, etc; $50 per month gets all of the above as well as weekly writeups of current progress in the research.
Like any crowed funding, some make it big (one example is $24,000/2 weeks), and some flounder.This, I dont think will work for just any reserch work, but for the arts, it seems to run well.