Skip to comments.3D printer by Sask. man gets record crowdsourced cash
Posted on 11/11/2013 1:50:52 PM PST by shove_it
A Saskatchewan man who has developed an affordable 3D printer has attracted worldwide attention and more than $700,000 in crowdsourced funding. Rylan Grayston, 28, from Yorkton, said curiosity fuelled his quest to create a 3D copier that sells for just $100. Other high-tech 3D printers sell for several thousand dollars or more. "I didn't have enough money for a 3D printer that I wanted, so I just started thinking about how can I do this myself?" Grayston told CBC News in an interview at a shop in Saskatoon where he is working with his brother on the project...
(Excerpt) Read more at ca.news.yahoo.com ...
Somebody please ping the FReeper running the Canuk message board.
“Grayston’s software converts an object into file data using a sound card on his laptop. The information on that audio file is sent to electromagnetic mirrors and laser beams that vibrate and move in accord with the data to build 3D objects from a specialized acrylic resin.
Unlike other more expensive devices, Grayston’s Peachy Printer has no motors or microprocessors.”
Now, that’s thinking outside the box.
This could be cool.
Hey, your kids will soon make their own toy soldiers and cars
I thought so too, although I have no idea of the technology involved. Crowdsourced money is what interests me. What I know about this subject is limited to the NYSE stock DDD that has taken off like a rocket.
could we crowdsource fund a revolution? or buy a country?
How much is Tuvalu or Nauru worth these days??
Cutting the Wall Street investment bankers out of the deal sounds good to me.
It will be the jubilee when they develop 3D printers than can print 3D printers.
I backed this project a few weeks ago. I am hopeful but not convinced that they will fulfill their goals. They still have a few fairly major hurdles before hey are through, and my biggest concern as with all these 3d printers is how durable they are. How hard are they to calibrate?
I backed them and I give them a 50-50 shot at succeeding through to fulfillment.
The reason all of the 3D printing stocks are taking off is the release last Friday of a new scanner by DDD. The price point is less than a fifth of the previous costs for similar devices.
Now all we need is the Henry Ford of 3D printing to REALLY drive production costs down and reliability up.
Political power grows out of the nozzle of a 3-D Printer.
I don’t get their business plan. They give the technology away on the interweb then sell the printers for $100 ea. How do they make any money?
“They give the technology away on the interweb then sell the printers for $100 ea. How do they make any money?”
By printing the 3D printers on a 3D printer?
Now there’s a 3 D printer pumping out 1911 .45-caliber handguns ...
von Neumann machine.
Their original goal was to raise $50K to do the project. 3 guys or so working on it. They have sold 1400 or so “kits” for 100 a piece which means they have to develop the printer parts and “fulfill” them minus shipping costs for about $140,000 which they have already received. They have to build a bunch more, including one for me, at $400 a piece.
They have already received $650K Canadian minus Kickstarter’s fees.
They have received some inkind help and suggestions from interested backers.
Crowd funding has already made their business plan. They made out big and they have t shipped one widget yet.
Nice to see you Don W.
Canada ping Squawk8888.
Do you end up with a stake in the company or just the printer? I’ve wondered how crowdsourcing worked.
I hadn’t heard of the term “crowdfunding” before. I guess you could say The Boss of FR is a pioneer in CROWDFUNDING on the WWW. He sure has a lot of satisfied customers/fellow travelers.
Good to see you too. My apologies for not pinging squawk8888, as last I remembered, you were doing the Canada pings.
I kinda miss gmmac, too...
Just the printer. Most crowdfunding is project based. Most of them offer a specific product with more bells and whistles the more money you give.
I did see recently an offer for clothing based on discounts of future purchases of the clothing - 10% or %25 depending on the dollar amount. I think it’s close to funding too.
These printer guys are also getting crowd-source volunteers in terms of graphic design and a website as well as technical advice from some backers. They also included a beta tester option for extreme early adopters. I want to understand liquid resin printing better because I have only printed from plastic filament, so that’s why I jumped on this Kickstarter.
Yes it has :-)
I missed the boat on DDD in late Oct when it was trading in the mid $50s. Then came earnings and good news, and I’m kickin’ myself. Do you follow DDD closely?
I bought DDD in May at $46.56. I liked the space and looked at a couple of the players and they looked good. I only wish I had bought more :-)
I’ll bet you do. Now I’m waiting for a big dip to get in.
I miss GMMAC too.
I dipped a toe into DDD yesterday @$69.50. Did you buy more?