THE PLAN
How to crowd-fund and crowd-source an energy breakthrough
STRATEGIC OVERVIEW
1. Crowd-funding campaign to raise prize money
2. PR campaign to launch the innovation challenge globally
3. Evaluate submissions, testing and replication
4. Choose winner and award the prize money
5. Open-source the plans for anyone to build
STAGE
01
01
SETUP
- Finish the website
- Research communities and institutions already busy with this goal
- Establish social and community channels
- Expand the team with industry professionals
- Create documentation for donors
- Create and configure DAO for fundraising
STAGE
02
02
SMALL-SCALE PROJECT LAUNCH
- Limited global press release announcing genesis of the project
- Grow team with supporters and contributors
- Establish scientific advisory board to judge the submissions
- Goal is to raise $100,000 seed funding
- Prepare marketing and PR campaign plus supporting materials
STAGE
03
03
FUNDING CAMPAIGN LAUNCH
- Extensive global press release announcing crowd-funding
- Onboard donors and supporters into online communities and DAO
- Establish scientific advisory board to judge the submissions
- Goal is to raise $1 - 5m for the competition prize
- Finalise prize design, device criteria and testing methodology
STAGE
04
04
COMPETITION LAUNCH & EXECUTION
- Extensive global press release announcing competition opening
- Work with inventors to validate and test submissions
- Orchestrate replications of the devices from written plans
- Long-term device testing and safety checks
- Work with established energy communities to network the competition
STAGE
05
05
WINNER ANNOUNCEMENT & FOLLOW ON
- Competition winner(s) announced and prize awarded!
- Winning device schematics made available open-source to the public
- Manufacture of test/demo units for universities, institutions and museums
- Pursuit of mass manufacture & philanthropic opportunities
- Publish device testing procedure and results in scientific journals
"The day before something is a breakthrough, it's a crazy idea."