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 such as the microcontroller board pictured above.
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.
"This speaks to the rise of the do-it-yourselfer, someone who is not just a consumer but also a producer, inventor and investor," says Huynh. "But someone also ought to be thinking about the money problem when it comes to open source hardware and we are doing just that."
So, this is a major plot element of my science fiction novel Makers
, coming from Tor next October: microcredit-funded open source hardware hackers laboring in dead malls (the first third of the book was syndicated on Salon as "Themepunks"). It's always a little weird when sf starts to leak into reality.
Open Source Hardware Hackers Start P2P Bank
Liquidware Antipasto: site for Open Source Hardware Bank
Sadly, ElectricTrousers’ binary mechanical keyboard has off-brand switches, making it less useful that it might otherwise have been. It has multiple modes and type in ones and zeroes, or in ASCII text! … Controller is an Arduino Pro Micro powered by horribly inefficient homemade code. The keyboard in action!
The Skunklock is a $109 crowdfunded gadget that contains pressurized vomit-inducing gas the creators call “Formula D_1,” and which is intended to induce immediate vomiting when inhaled, as well as difficulty breathing, “A lot of similar symptoms to pepper spray.”
I dote on fidget gadgets — soothing gizmos intended to give your hands something to keep busy with, like modern worry-beads — and while you can’t buy Chris Bathgate’s amazing machined sliders, and the Fidget Cube Kickstarter just closed, there’s still Thinkgeek’s new Jumbo Noah Fidget Toy, which looks like a lot of fun and […]
Geek Fuel is a subscription delivery service that caters to those of us that love comics, gaming, and general geek culture. Every month, Geek Fuel will assemble a box of goodies with a value of $50 or over. The specific items are a mystery, but you’ll always get an exclusive t-shirt not found anywhere else, a full […]
If you like to DIY and you like helicopters, you’re going to really love the Flexbot Hexacopter Kit. This copter blows traditional models out of the water: it includes everything you need to actually build your own hexacopter, and then pilot it like a pro, too.The construction is complicated enough to give you a challenge, […]
This week’s top deals from the Boing Boing Store range from lobster to wine to desk organization. 1. Get Maine Lobster (50% Off)With these discounted packages from Get Maine Lobster, you can experience the sweet, fresh flavor of world-renowned Maine lobster right at your own dinner table. There are four options to choose from, each at […]