Free energy, edible slime — and more offbeat crowdfunding ideas
How can you go wrong with this description of your invention? “NO MORE ELECTRICITY BILLS. NO MORE PETROL BILLS. NO MORE HEATING BILLS. NO MORE POLLUTION”
That’s how Arthur Fahy is trying to drum up attention on Indiegogo for a device that allegedly produces free energy. He claims to have invented an electric motor that was tested at 148 percent efficiency. That would seem to be impossible.
Fahy wants $30,000 to develop the machine and “help save the world,” even though he doesn’t explain how it works (electromagnetic waves may be involved). So far, the project has raised zero dollars but it will get every penny after Indiegogo fees according to the site’s flexible funding rules. Now, some might smell a scam, but some might say it highlights the glorious free-for-all that is crowdfunding.
- Could this hypervelocity coil launch ships into space?
- … [Read more]
Why the Ubuntu Edge is a success, even if it never exists
Canonical CEO: Expect an Ubuntu phone in early 2014
Ubuntu Edge misses target by $19M margin
Move over, Pebble: Ubuntu Edge hits record in crowdfunding
Startup wants you to fund Hyperloop, and help design it too