Experiment, a Crowdfunding Platform for Scientific Research

By scientists, for scientists

#Science

Thu, Dec 11th, 2014 11:00 by capnasty NEWS

Working along the same concept as Kickstarter or Indiegogo, Experiment provides a platform for researchers to receive funding for their next scientific research. From their FAQ:

What is the difference between Experiment and other crowdfunding sites like Kickstarter, IndieGoGo, etc?
Experiment is for scientists, by scientists. Just like how a scientist would use tools like a microscope, pipettor, or large hadron collider to help them in search of new discoveries, we believe funding tools for scientists should also be specialized for science.

What is the all-or-nothing funding model?
All research projects on Experiment must reach or surpass the funding goal within a set timeline before any money changes hands. If the project doesn't reach it's goal, no money is charged. Why is this? We ask researchers to clearly define a minimum budget that allows them to carry out their experiments. We wouldn’t want to compromise the quality of the research if they had only part of this budget.

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