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This experiment was performed by Michka during the European Biomimicry Alliance Working Weekend on June 6-7th 2015.
The objective of this experiment was to evaluate how much money can we gather for space rental from people “philosophically connected” with FoAM, however having a too low budget to pay for the “floor” non-profit fee + hosting.
The crowd was made of 20 people, mostly free-lancers dealing with biomimicry in diverse European countries. Some were just starting their company, others had it more figured out, so the situation of the different people were quite uneven.
I (Michka) briefed them on Saturday 6th at lunchtime, telling them that:
I then asked them to evaluate how much they felt to contribute given:
I reminded them to get some cash on Sunday before we went out for lunch.
We managed to gather 61,2% of the “floor” non-profit fee, excl. the hosting fee. Unfortunately, the protocol of “one contribution per envelope” was not clear enough, and we cannot provide detailed statistics of the individual contributions.
It seems that 14 people out of 20 participants contributed. The minimal individual contribution seems to have been 4,9% of the total collected contribution. The maximal individual contribution seems to have been 11,4% of the total collected contribution. The median seems to be 8,2% of the total collected contribution.
The collected amount is quite satisfying. The crowd was quite respectful, and while not rich, still not totally broke. I think that this process should be proposed only to crowds