Crowdfunding Creation 2017

Reasoning behind: generally, in intelligence analysis we applied reasoning starting with induction, deduction, abduction and scientific method. At LFT-Au we ran a biocybernetic system based on the actual biologicals, the Human issue. So we started with the Scientific Method looking at one of the first and more pervasive issue, 'food' and it's quality. 

Basics: good quality food equals to good health and that equals good life; hence, bad quality food = bad health and bad life.

The conclusion, 'linking with local farmers': to create a personal or family food supply with better quality food.

Example 1: in Brisbane, Australia, 2 LFT members approached organic small farmers in local markets to establish a mutual cooperation including farm labour, job hunting, skills 4 food exchange and emergency fund creation. The skills of the members were posted online, the farmer supported their goals (and share produce), people donated and make small payments to the 2 members. A fund of $10,000 was ready for the farmer (no contract, no lawyers, no interest to pay) when a crisis did hit his farm and thanks to the support he was able to continue feeding our town.

Starting the LFT based crowdfund:
1- Skills: who has what?
2- Scientific method (plus new dialectics): validate the idea/project
3- Induction: link multiple premises -all believed true most of the time-
4- Deduction: top-down logic from general to specific -counterpart of inductive reasoning-
5- Abduction: find the simple and most likely explanation
6- Opportunity analysis: vulnerabilities and opportunities you can exploit
7- Preparation of data: for market, donor or investor -a one page proposal-

Example 2:

From the example 1, the skills of our 2 members (an engineer and a veterinarian). They were trained in the LFT based crowdfund method. They placed their skills and conducted a series of explorations to find the most likely project to take and crowdfund for. The INDUCTION to link several premises was initiated online via e-mail. DEDUCTION to stablish an order where to start pulling the cord from was conducted. ABDUCTION was enabled to select the best 3 options. OPPORTUNITY ANALYSIS was made to clarify dark points and allow the target market/audience to participate. DATA PREPARATION, here an eBook (training) was posted online explaining all the above in detail; people started buying and donating in exchange of services to teach the material to them. As a result, funds were raised... and still raising.

Vocabulary:

• Human issues are problems that the human beings (men and women) must take care of and solve. 
• Biocybernetics is the application of cybernetics to biological science, composed of biological disciplines that benefit from the application of cybernetics including neurology and multicellular systems.  
• Crowdfund: fund (a project or venture) by raising money from a large number of people who each contribute a relatively small amount, typically via the Internet
• Donations: something that is given to a charity, especially a sum of money.
• Difference between donations and crowdfunding:
  

  • In donation-based funding (also known as "rewards-based crowdfunding"), the funder makes a no-strings contribution toward supporting the project, with the expectation/promise by the project's creator that the funder will receive a 'reward' of some kind if and when the project is successful. The reward will typically depend on the amount of the contribution, and can range anywhere from a nice thank you note or a Twitter follow, all the way up to a full version of the product being created (such as an Occulus Rift headset).  
  • Investment crowdfunding, on the other hand, is exactly as its name implies: funders are purchasing a permanent ownership interest in the company, and will thus be entitled to a share of the purchase price (if the company is eventually sold), or a percentage of the company's profits (if it isn't). Historically in the United States (and several other countries), equity investments into private companies have been restricted to investors who meet certain qualifications (such as income or asset levels.) That is still currently the case in the US, where anyone investing in a private company (through crowdfunding platforms or otherwise) needs to be an Accredited Investor. Source: https://www.quora.com/What-is-the-difference-between-donation-based-funding-and-investment-crowdfunding
• Crowdfunding types: In rewards-based crowdfunding, backers give a small amount of money in exchange for a reward. In donation-based crowdfunding, donors donate a small amount of money in exchange for gratitude and the feeling of supporting a cause they believe in. In equity crowdfunding, investors invest large amounts of money in a company in exchange for a small piece of equity in the company. And in debt crowdfunding, lenders make a loan with the expectation to make back their principal plus interest. Source: http://crowdfundinghacks.com/different-types-of-crowdfunding/