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Read More..RACINE COUNTY On Tuesday, Sherry Lou Martin asked for $9,000 to help get her patented fireplace covers into production.
The Caledonia resident didnt ask a bank, credit union or rich uncle; she placed her hopes in cyberspace. Specifically, the website kickstarter.com.
Like many other dreamers in recent years, Martin turned to the public for financial help via crowd funding.
For seven years, Martin, an artist, has been working to turn her energy-saving, shattered-glass fireplace covers into a product that can be mass-produced.
So far shes made them one by one. Martin builds a wooden frame, insulated on the back side, and paints a painting on the front.
She covers the painting with clear, broken glass that window installers have discarded and normally must pay to dispose of. Martin applies grout to all glass edges, and a gasket on the frames edge helps the cover to fit snugly into an unused fireplace opening.
Martin said fireplace and mantle makers are enthusiastic about her invention.
Every single company I went to said, We need this in our market.
She has a local carpentry shop standing ready to build frames for her and a printer lined up to reproduce artwork. Martin plans to wholesale the fireplace covers which will start at $650 retail.
At this point, Martin plans to have her covers tested as legitimate energy-savers by a certified energy consulting company. She also wants to make an infomercial about her products benefits. Thus the need for about $9,000.
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Read More..Photo by Mark Lennihan
Jeremy Allaire, Founder and CEO of Circle Internet Financial, a Boston-based digital currency company, speaks at the Inside Bitcoins conference and trade show, Monday, April 7, 2014 in New York. Bitcoins have been gaining popularity among mainstream businesses. (AP Photo/Mark Lennihan)
Its getting easier for consumers to buy and spend bitcoin, the cybercurrency that has captured much of the tech world.
With each passing month, entrepreneurs are rolling out new technology for consumers to buy and store bitcoin, shop online with the virtual currency and send it to friends. Last week, a bitcoin ATM was unveiled in Mountain View, Calif. put in a few hundred bucks, out comes a bitcoin. And more retailers from consumer electronics to coffee roasters and pizza delivery are accepting bitcoin, making it easier for consumers to choose the Internet currency over dollars.
Its all about to change over the next 12 to 24 months, said Marshall Hayner, a San Francisco entrepreneur who this month will launch bitcoin app QuickCoin. We are going to see all kinds of people adopt it. Its going to power transactions on the Internet.
Bitcoin is a cybercurrency and payments network created in 2009 by a mathematical formula as an alternative to banks and government-controlled currency systems. Bitcoins are added one at a time to the network by computer programmers around the world, and most bitcoins are bought and traded on global Internet exchanges.
The San Francisco Bay Area bitcoin community is filled with entrepreneurs and investors pouring millions of dollars into their projects. But for the rest of us, still buying with cash and plastic, bitcoin is a bit of a mystery.
Youve got people out there who are software engineers who dont understand it, said Vinny Lingham, co-founder of Gyft, a San Francisco digital gift card app that accepts bitcoin. Its far too complicated out there for the average consumer to understand. But that will change.
Cary Peters is hoping to uncomplicate bitcoin for consumers with the ATM he unveiled at Hacker Dojo, a nonprofit shared tech space in Mountain View. His is the first bitcoin ATM in California, and anyone can use it by setting up an account with a phone number, ID, and face and palm scan, which is used to run a background check to rule out potential fraud.
Regulation has to be implemented, Peters said, a position rarely heard in the libertarian bitcoin community, but one that experts say is necessary to gain the trust of consumers. After about five minutes, the machine sends a text message that the user can start buying and selling bitcoins. Many bitcoin websites take about four or more days for transactions, and that delay doesnt work for everyone.
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Bitcoin gets easier for consumers to buy, spend
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