Core77

Crowdsourcing goes full circle at Crowd Spirit beta, an online community-driven product development assembly line of sorts. How it works: The community sends in, refines, and votes for the best ideas which are then prototyped and tested with financial backing from partners and community investors. The product is then manufactured, promoted and sold via the Crowd Spirit supply chain to retailers and customers. In anticipation of their first fruits, we'll keep a wandering eye on this fascinating consumer electronics innovation web 2.0 adaptation.

via springwise