Fund your dork! Open Source Hardware Bank March 19, 2009Posted by Maribeth in how-to.
Tags: hardware, microlending, p2p funding
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Via Cory over on Boing Boing:
- A microcredit co-op bank has sprung up in Northern California, using money pooled from hardware hackers to fund other open source hardware hacking projects. They’ve found 70 lenders.
- Two open source hardware enthusiasts, Justin Huynh and Matt Stack, have started the Open Source Hardware Bank to fund hardware projects…
- The fledgling bank is funding only open source hardware projects using capital raised from other hardware geeks. It’s like a community of Facebook friends borrowing and lending among themselves — a peer-to-peer bank.