Lighthof presents a new kind of coordination platform. Lighthof aims to be founded as a 'natural organisation', meaning a corporation that belongs to itself. By this deliberate choice of legal entity, we assure that the organisation thrives as long as there is need for Lighthof, and it transforms once need transforms. This independence will maximise the adaptive capacity of Lighthof, meeting users' needs.
Lighthof is primarily designed to coordinate innovation activity across science and industry. Innovations challenge users and break through only if widespread social change takes place. Most often, innovation activity would require global crowd organising on multiple markets. Lighthof solves this task by combining three basic modules, which we call the Box, the Poll, and the Fund.
The idea for Lighthof got acknowledged in 2017 by the IEA's Stiglitz Essay Prize, and is evolving ever since.
Is it possible to coordinate with other innovators throughout the whole process of innovation, including research, design, prototyping, and development, while preserving the right of stewardship?
The Box facilitates communication and exchange between innovators. It's the place where matching of team members and purposes takes place. The Box contains a repository of reports and data about successful innovation, failure analysis, and development cycles. Transparency allows a constructive perspective and efficient recycling of failed innovation to become a new 'cradle' perhaps in a new field. Talents get attracted to work on what is most important and urgent on the planet.
Innovators learn from each other and - by a reputation system - are encouraged to mentor others and engage the public.
Is it possible to predict which innovations will be sustainable and worthy to follow-up?
The Poll blends collective and artificial intelligence to be harnessed by the community. It's the place where crowd sensing, crowd monitoring, crowd certification, crowd ethics, predictive analysis, and pattern recognition takes place. The Poll applies latest behavioural insights to debias information aggregation, consequentially making market mechanisms and applied algorithms fairer. Openness includes peripheral and highly innovative perspectives, continuously challenging and evolving polling methods and results.
A reputation system facilitates allocation of experts, users, observers, and explorers into relevant polls.
Is it possible to decouple funding and time horizons?
The Fund opens various ways to contribute to short or long term innovations by means such as crowd sourcing, crowd funding, and crowd lending. It's the place where individual investors get empowered, by polling insights, to make informed investment decisions, at which independence of innovation funding is restored. The Fund synchronises global online payment methods, removing restrictions, and smoothening transition processes and structural change by active participation. Independence and flexibility of funding enables even those innovation activities that do not fit standard financing schemes, for example because of a public good nature or requiring global self-organisation.
Successfulness of investments is the ultimate driver of reputation of purposes, talent, and expertise, in which time and patience might play a role.
Lighthof enables users to:
Implement complex solutions in a user-friendly, simple, and well-accessible way
Coordinate with the ecosystem when innovating
Team up with stewards having similar values and motivations
Openly compete with other innovating teams having different values and motivations
Poll crowd opinion using latest, fair, and efficient computational social science methods
Fund risky innovation by crowd donation, crowd lending, and crowd sourcing
By making innovation open, Lighthof does:
Create a sustainable innovation system driving future economic systems
Supersede the inefficient race for patents and ownership, introducing endless open opportunities to participate as a steward, voter, or investor in shaping future technologies and lifestyle
Reduce failure rates, secrecy, and repetition of failures
Increase investment safety and responsibility
Increase recycling opportunities and constructive criticism
Make innovations safer and fairer long before slow-reacting regulatory bodies need to step in
Share accountability and action
Let innovations be driven by common sense and co-creation
Interested to call Lighthof into life?
Contact us at: lighthof(at)gmail(dot)com