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July 18, 2016 04:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/S-EiEf4Vn2Y/new-zealand-crowdfunds-17-million-to-buy-a-private-beach
New Zealand Crowdfunds $1.7 Million To Buy A Private Beach
An anonymous Slashdot reader quotes an article from FastCoExist: When debt-troubled businessman Michael Spackman put his private New Zealand beach on sale, Kiwis started a crowdfunding campaign to buy it back for the public... The crowdfunding campaign raised $1.7 million in donations from around 40,000 people. Even the New Zealand government contributed $254,000. The BBC reports that the campaign "snubbed a businessman who offered them money in exchange for private access to part of the beach," with the campaign's creator calling this an example of technology's power to unite people for a common cause. "Sometimes you can feel powerless, so for us, it's been a marvelous experience... There's been a real feeling of coming together."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/S-EiEf4Vn2Y/new-zealand-crowdfunds-17-million-to-buy-a-private-beach
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