Five by five: 25 #SciFund projects completed

25 fully funded projects! With two more projects being funded today, we have a full third of the projects that started this round of #SciFund that have met their funding goals (33%). As a reminder, we funded just a little over a fifth of the proposals in round 1 (20.4%).

Congratulations to our latest researchers making their goals are:

This round of #SciFund ends tomorrow, 31 May 2012. Please be aware that not all the projects end at the exactly the same time, so if there is a project that you’ve been thinking of supporting, don’t wait til the last second and be disappointed.

Please support projects that interest you. If you would like to be one to help make a scientist’s day by hitting the target, there are several projects that are more than 75% funded, including:

A donation that pushes a project to 100% is a big deal, partly because scientists get a higher cut of the money raised when they make their targets than when they don’t.

A lot has been achieved in this last week. It’s exciting to see where we will end up at the end of the day tomorrow.

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Community and engagement: the values that drive #SciFund

Jai Ranganathan

Community: it's more than my favorite TV show. It's what drives #SciFund!

The second round of #SciFund Challenge ends on May 31 and I am just amazed at how well we are doing. 23 of 75 projects have hit their funding targets, with many remaining projects within striking distance of their goal. What gets me excited about #SciFund though isn’t the money. What gets me really pumped is that the #SciFund scientists have formed a real community focused on supporting each other and on connecting science to society. Most of the community stuff takes place behind the scenes, but I thought I would let everyone in on the secret!

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Expanding the circle

Winner's circle

I did not plan to be blogging here so much the last few days, but great news keeps happening. The last couple of hours has seen a surge of activity for #SciFund. with not one, not two, but three projects hit their funding goals!

Congrats to:

They are projects 18 through 20 to be fully funded! We’ve now funded 26% of projects in this round (a better funding rate than the National Science Foundation last year).

You can, of course, support any project you like – including those that have already met their target. If you want to support a project, you should pick one you are genuinely interested in and believe in. That said, these projects that are now getting close and would certainly appreciate a little extra attention:

There are only a few days left to contribute. If you can’t fork out cash, you can still help the cause by spreading the word. Every project has a Facebook “Like” button and a “Tweet this” button. Press those buttons, people!

Update: Mary Rogalski’s “Resurrection Ecology” has become project #21 to join the winner’s circle!

Even more updating: Jennifer Romero’s “Confronting deforestation” is also complete, making it the fifth project completed today. 22 down; 29% of projects this round funded!

Photo by Karin Beil on Flickr; used under a Creative Commons license.

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Milestones and marathons

Milestone

This morning, round 2 of #SciFund passed the $80,000 mark for contributions.

Let’s do a quick review of where we are overall for both rounds of #SciFund.

  • We’ve raised over $150,000 for original scientific research over both rounds… so far.
  • We’ve fully funded 27 research projects… so far.
  • Our rate of funding success is slightly higher than the National Institutes of Health last year, and is comparable to the National Science Foundation. You can see that data in Jai’s post on the Scientific American Guest Blog last week.

All of this is awesome and exciting. But increasingly, what I’m thinking about is not what the next four days will bring for the #SciFund participants, but what the next four years will bring.

The real accomplishment will be when those peer reviewed research papers come out that say in the Acknowledgements section, “This research supported by contributions to the #SciFund Challenge.” And then watching how those papers find their place in the scientific literature.

Many of our #SciFund participants are early career scientists, too: graduate students and postdocs and so on. I want to see how their #SciFund experience carries through their career path. I think it will be a plus for them, because it shows initiative and communication abilities.

Then there is the larger issue of how science crowdfunding will start to fit into the scientific ecosystem. We’ve learned in this past month that the first round of #SciFund was not a freak, fluke, happenstance, or  one-off. In a few years, it might be normal for some scientists to crowdfund their research.

It’s easy to track success during the crowdfunding process and feel the excitement. But science is about the hard yards and the long haul. That’s where the real achievement will begin.

Photo by Pete Reed on Flickr; used under a Creative Commons license.

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Breaking records and taking names

Another record broken

In round 1 of #SciFund, 20.4% of projects met their targets (10 out of 49).

In round 2 so far, 21.3% of projects have met their targets (16 out of 75).

So not only have we raised more dollars than we did the first time, we’ve had more projects succeed. And we’ve done all this in less time than before.

The project to put us over the top for this new record is The Unknown Moths of Kaho’olawe! Congratulations to Matthew Medeiros for becoming the latest to hit the funding target.

But that will surely not be the last! The project closest to the finish line right now, in case you’re wondering, is Lauren Kuehne’s The Lakes Are Alive With the Sound of Data, which just needs a lousy $75 to hit the target. Five other projects are more than 80% funded.

We’re closing in on $80,000 and have four days left.

If you haven’t been to the site yet, now is the time!

Update: Lauren Kuehne’s project, “The Lakes are Alive with the Sound of Data” is the 17th to ring the fully funded bell, bringing the percent of projects funded to 22.67%!

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Geek pride

Prokaryotic SciFund

geek. noun. \ˈgēk\ : enthusiast or expert especially in a technological field or activity.

There’s little doubt that darn near every researcher in the #SciFund Challenge is a geek, according to the definition above. “Ethusiastic” and “expert” are perfect descriptions of the #SciFund participants! (And we do things like make glowing bacteria draw the #SciFund logo for us. Thanks, Siouxsie!)

May 25th was Geek Pride Day. There are many reasons for this. It is the anniversary of Star Wars. It is Towel Day. And it is the Glorious 25 May  in Terry Pratchett’s Discworld books.

There were two additional reasons to celebrate geek pride yesterday. One was this:

Canadarm2 docking with the Dragon.

A new spaceship, Dragon, docked with the International Space Station. It’s the first spacecraft to be owned and run by individual people rather than nations.

And sometime in the dying hours of May 25th, the second round of #SciFund surpassed the total contributions of round 1. Ladies and gentleman, we have a new record!

That’s a reason to be proud.

As a reminder, it took 45 days (six weeks) of November and December last year to get to $76,230 dollars. We’ve cracked that in just 25 days in this round.

And we’ve done it without any obvious breakout projects. Last time, Kristina Killgrove’s Roman DNA project raised over $10,000 alone, and was a big contributor to the Round 1 total. To date in Round 2, only one project has made half that. The support is much more evenly distributed across the projects this time.

While it’s early, this hints that science crowdfunding will follow the patterns that we’ve seen for arts and technology: slow, steady growth as more people learn about it and become connected to projects and scientists they believe in.

And we still have six days to go! New challenge: to raise $100,000 for science!

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Who is #SciFund?

With not even 24 hours down, and already over $13,000 $15,000 raised for science, you may be asking yourself, “Who are these #SciFund-ers, anyway?” Jai asked the round 2 participants the same question, and put together this amazing video collage.

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And yes, we’ll be posting more individual videos in the weeks to come! But for now, if you want to know more about each individual, go check out their projects

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#SciFund Round 2 Launched!

Woohoo! #SciFund 2 is off to the races! I am in awe of the nearly 70 scientists who have put their work up for your enjoyment. So get on over there, check it out, and help us crowdfund some amazing science!

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A #SciFund-er Prepares

I’m loving watching the fresh new proposals popping up on the #SciFund wiki.  People are already beginning to give feedback to each other, and the online community has been engaging in some fantastic collaborative interactions.  It’s exciting.

Scifunder Riccardo Guidi is not only putting together a proposal, but he’s documenting the process of a scientist coming to grips with creating a proposal that will reach out to a broad audience. Check out this great video of his meeting with a designer to discuss how to put his work into film:

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Get your SciFund teaser videos right here!

Jai Ranganathan

Previews aren’t just for the movies! Two #SciFund folks have put together their very own awesome, awesome teaser videos.

The first one up is by the unstoppable Zen Faulkes.

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The next one up to bat is by Siouxsie Wiles, coming all the way from New Zealand!

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