All posts tagged: gaming

Top 3 Disruptive Social Innovations for 2011

The year 2010 saw the coming of age for investment and technology within the social sector. Socially oriented Venture Capital funds are making investment in companies that adopt a market based approach to solving problems of hunger and poverty. In this article, we examine ‘disruptive’ innovations likely to power social causes in 2011 and beyond. 1. Micro Investments gain traction over Charitable Giving and Micro-finance Our previous articles on Philanthropy 2.0 and problems with Micro-finance highlighted issues with micro-credit and trust factors with traditional giving. In this article Dr. Yunus, Managing Director of Grameen, insists on the creation of a micro-credit regulatory authority to prevent loan-sharks from profiting off the suffering of the poor. These developments mean that micro-investments (interest free loans against equity within micro-enterprises) have potential to take off in 2011. We are likely to see corporations make a shift from philanthropic giving to impact investing. 2. More technology startups focus on social issues Worldwide, more people now care about global welfare and social and environmental issues than perhaps ever before. Technology and …

Farmville players using virtual goods for social good

Zynga the social gaming company that invented the popular Farmville and many other internet based games is focused on changing the world through virtual social goods. Players purchase social goods within Zynga games and the income from the sales goes to support social initiatives around the world. The current projects being supported are Haiti Earthquake Rehabilitation including building a school, support to and world food programme to provide clean drinking water and food to poor globally and US specific initiatives through support of Save the Children, SPCA and UCSF Benioff Children’s Hospital.