Fact Card is a series of posts summarising crowdsourcing and public decision making initiatives relevant to our project. Please post a comment or email us with any clarification.
Launched in July 2012, Neighbor.ly is a crowdfunding platform designed to accept projects only from local governmental and civic-natured entities which are then funded by local citizens. Also included is a project proposal system for citizens to propose a project for the local government to take on.
How does it work?
- Neighbor.ly’s focus is on improvement projects within transportation, sports, entertainment, education and public amenities.
- Individual citizens are not able to start projects, but instead they have to be initiated from the local government side.
- If a project doesn’t get fully funded, the backers will receive credit for their contribution in the form of Neighbor.ly credits, which can then later be used to back other projects. Neighbor.ly retains 5% of contributions made on the platform.
- Contributions are handed over when projects are officially approved either within the city or given permission by the respective authority.
Citizens, local government, Neighbor.ly Inc.
Active. Neighbor.ly has been launched in Kansas City, Missouri.