Knight News Challenge

The Knight News Challenge accelerates media innovation by funding breakthrough ideas in news and information. Winners receive a share of $5 million in funding and support from Knight’s network of influential peers and advisors to help advance their ideas.

Throughout 2012, innovators from all industries and countries are invited to participate in three challenge rounds, each with focused topics on emerging trends.

Round 1 - on networks - is closed, and the winners will be announced June 18.

Round 2 - on data - will be open May 31 - June 21. We’re looking for new ways of collecting, understanding, visualizing and helping the public use the large amounts of information generated each day. Winners will be announced in late September.

Details on Round 3 will available later this year.

Anyone, anywhere can apply for the challenge - whether for-profit start-ups or non-profit ventures. For more information on a variety of topics - from guidelines for for-profits, on intellectual property licensing, open source software and more - visit our FAQ.

ThinkUp

1. What do you propose to do? [20 words]

Build an information network that connects to today’s social networks, but isn’t centralized and dependent on a company or investors.

2. Is anyone doing something like this now and how is your project different? [30 words]

Others from Diaspora to Singly/Locker Project are trying, but they focus on the tech first rather than a compelling user experience. We are building a great app first.

3. Describe the network with which you intend to build or work. [50 words]

We begin by working with all the existing social networks, connecting first to Twitter, Facebook Google+ and Foursquare. From this base, we provide interesting analytics and insights, while using those connections to enable the creation of a new decentralized network behind the scenes.

4. Why will it work? [100 words]

We will draw people in through a compelling media site that encourages participation via our decentralized platform. We have unique experience in creating some of the most important tools and most influential sites on the social web. And we’re using that experience to build a decentralized, peer-to-peer network that powers a great media property with broad appeal — imagine if Digg or Reddit were open, decentralized and powered by a network instead of votes.

Prior attempts have tried to solve this problem based on the assumption that it is a technical challenge; We believe it to be a social one.

5. Who is working on it? [100 words]

ThinkUp’s cofounders are Anil Dash and Gina Trapani. Most recently, they cofounded Expert Labs, which was backed by the MacArthur Foundation for more than a million dollars, and supported by the American Association for the Advancement of Science. Those initial efforts created the fundamental platform for this work, and allowed us to attract nearly two thousand developers to collaborate with us on this open source project, with almost 250 of them working directly on the code. The efforts of our initial two-person team are amplified by dozens of passionate core members of the community who are eager to contribute.

6. What part of the project have you already built? [100 words]

We have already built our core platform, ThinkUp, which is one of the most popular web server applications to have been created in the past few years. ThinkUp has robust abilities to connect to social networks, archive your social content, analyze the activity of you and your connections, display your data in useful dashboards, and then communicate this data to other nodes in the network. We’ve built a network with over 15,000 users, more than 5,000 software installations and nearly 15 million individual social networking accounts connected, with most having joined in just the last three months.

7. How would you sustain the project after the funding expires? [50 words]

We will build a flagship media property on top of the ThinkUp network, which uses the insights gained to power a large, mainstream advertising-supported property. In addition, we expect affiliate and referral fees from web and cloud hosting providers to provide substantial revenues.

Requested amount from Knight News Challenge: $1,080,000
Expected amount of time required to complete project: 18 months
Total Project Cost: $2,400,000

Name:
Twitter:
Organization:
Country:

People Who Liked This Post

  1. sunpebble reblogged this from soupsoup
  2. mortg-19-payments reblogged this from thinkupapp
  3. mortg-14-payments reblogged this from thinkupapp
  4. mortg-8-payments reblogged this from thinkupapp
  5. internet-searchs-eng reblogged this from thinkupapp
  6. izrada-web-sajtova reblogged this from newschallenge1
  7. soniconsultants-net-26 reblogged this from thinkupapp
  8. packers-and-movers-noida reblogged this from newschallenge1
  9. anil submitted this to newschallenge1