It's basically a kickstarter for scientific research. While it's a cool idea and can be nice for undergraduate or graduate researchers as an extra source of reagent money, I do have a couple of concerns:
- What criteria does the site use to approve proposals?
- What is really the incentive for public to donate money? Kickstarter gives rewards for donations, what will the public get for their donations?
- How does academic institutions view this source of money? The site says money is given officially as "gifts" to the academic institution and put under the researcher's project budget.
Typically such tasks were done at hackatons, not via direct grant funding. BTW, can Biostar host a hackaton (online, virtual, etc.)? Given the size of the community, 10 hours long hackaton would actually move some tools or ideas quite ahead.
I think we would need to first attract more tool developer that would support their tools via BioStar - then we can think of expanding on that.