While crowdfunding has already proven itself to be very effective and without material fraud in the U.K. and Australia, the rest of the World is stuck awaiting regulatory change. In the U.S., it will still be some time before the crowdfunding component of the JOBS Act is finalized. But life has a way of pushing back, when we get too busy reinventing the same ineffective systems that got us into the mess. It’s time for us to look at where we’re naturally headed, and use that perspective to define mechanisms which are available now.
From a macro perspective, if we look at the convergence of many trends in culture, finance, innovation, art and other areas, they share a number of common factors. Structurally, almost every static and hierarchical system is morphing into a dynamic social networking graph – we use the phrase “peer to peer” a lot, but the transformation is more towards a network of curators and communities. Even more exciting is another factor in common, the transition from brutal competition through a “co-opetition” phase and on our way to a paradigm of cooperation and contribution. Emerging, is the age of the co-creative sharing economy. One might even dare call that paradigm, community.
Read more at Crowdsourcing.org