Marc
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marc Modern Crowdfunding
We built our dream with a smart design, And thousands backed us up online!
marc A successful crowdfunding campaign starts months before the public launch by building an engaged, loyal audience.
Fun Fact
Crowdfunding records: The most funded Kickstarter project in history, Brandon Sanderson's surprise novels campaign in 2022, raised over $41 million from 185,000 backers in just 30 days.
marc Modern creators use artificial intelligence to optimize campaign videos, write compelling copy, and predict backer behavior.
Glossary
crowdfunding (noun)
The practice of funding a project by raising small amounts of money from a large number of people, typically via the internet. Modern online campaigns leverage machine learning algorithms to instantly identify and match creators with ideal prospective backers.
The practice of funding a project by raising small amounts of money from a large number of people, typically via the internet. Modern online campaigns leverage machine learning algorithms to instantly identify and match creators with ideal prospective backers.
Quiz
What percentage of a crowdfunding goal should ideally be secured in the first 24 hours to ensure success?
Quiz
Which author raised over $41 million in 2022 for a self-publishing campaign, setting a Kickstarter record?
Quiz
In what year did Kickstarter launch, kicking off the modern era of online crowdfunding?
Quiz
How does using AI image generators like Midjourney benefit early-stage crowdfunding creators?
Quiz
Which AI-driven task helps creators estimate a crowdfunding project's success rate before it launches?
Quiz
What is the term for a crowdfunding campaign where you only keep the money if you reach your full funding goal?
Quiz
What is the primary reason that approximately 9% of successfully funded crowdfunding projects fail to deliver rewards?
Quiz
Which platform is famous for helping creators raise recurring monthly funds from dedicated fans rather than one-off project goals?
marc Bootstrapping and Early Grants
We didn't need the millions, just forty minds making art on a Discord server.
marc Crowdfunding platforms let creators raise small amounts of money from thousands of individual backers online.
Fun Fact
Early Apple funding: In 1976, Steve Jobs sold his Volkswagen van and Steve Wozniak sold his HP calculator to raise $1,300 to bootstrap Apple.
marc Governments worldwide offer non-dilutive funding to support innovative research in artificial intelligence.
Glossary
bootstrapping (noun)
The process of starting and running a business using only personal finances or operating revenues. Founder David Holz used bootstrapping to launch Midjourney in 2021, achieving massive profitability without venture capital.
The process of starting and running a business using only personal finances or operating revenues. Founder David Holz used bootstrapping to launch Midjourney in 2021, achieving massive profitability without venture capital.
Quiz
Which US government program awards over $4 billion annually to small tech businesses?
Gossip
Which funding source sounds the most exciting to try?
Quiz
What did Steve Wozniak sell in 1976 to help bootstrap Apple?
Quiz
What does 'non-dilutive funding' mean when raising money for an AI project?
Quiz
What is the main advantage of bootstrapping an AI project?
Quiz
Which type of AI project is best suited for crowdfunding platforms like Kickstarter?
Quiz
Where did Google founders Larry Page and Sergey Brin begin developing their search engine in 1996?
Quiz
Which European Union funding program has a €95.5 billion budget that supports AI development?
Quiz
What tech product famously raised $2.4 million on Kickstarter in 2012?
marc Masahiro Hara designed QR codes to encode Japanese characters, making them far more versatile than standard barcodes.
marc QR Codes
Stones on a board, / Shift to a grid, / Scanned on your phone!
marc Denso Wave decided to make the QR code patent-free, allowing anyone in the world to use it.
Fun Fact
Go board origins: Masahiro Hara designed the QR code grid in 1994 using layout concepts from the ancient strategy game Go.
marc Engineer Masahiro Hara invented the QR code in 1994 after playing the strategy game Go during his lunch breaks.
Glossary
go (noun)
A strategic board game of territory played with black and white stones on a gridded board. In 1994, engineer Masahiro Hara used the game's grid structure to develop the first QR code.
A strategic board game of territory played with black and white stones on a gridded board. In 1994, engineer Masahiro Hara used the game's grid structure to develop the first QR code.
Quiz
What was the primary limitation of standard 1D barcodes that QR codes solved?
Quiz
How many characters could a standard 1D barcode typically hold before QR codes were invented?
Quiz
What company did Masahiro Hara work for when he invented the QR code in 1994?
Quiz
Which traditional board game inspired the grid layout of the QR code?
Quiz
Why did Denso Wave decide not to charge royalties for using QR codes?
marc NFC Tap-to-Pay
With no battery inside, the terminal's wave wakes up the chip!
marc Contactless tech evolved from radio frequency identification systems used in World War II.
Fun Fact
Card power source: Tap-to-pay cards have no batteries; they harvest raw electrical power directly from the card reader's magnetic field.