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Crowd called to power Hyperloop high-speed transport

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Posted August 30, 2013
A concept drawing of the Hyperloop, a fast transport design unveiled August 12, 2013 by Elon Musk

A concept drawing of the Hyperloop, a fast transport design unveiled August 12, 2013 by Elon Musk
A concept drawing of the Hyperloop, a fast transport design unveiled August 12, 2013 by Elon Musk, in an image released by Tesla Motors. The Internet crowd on Thursday was called on to make real Elon Musk’s vision of a Hyperloop transport system that carries passengers in pressurized tubes at near-supersonic speeds.

The Internet crowd on Thursday was called on to make real Elon Musk’s vision of a Hyperloop transport system that carries passengers in pressurized tubes at near-supersonic speeds.

The Hyperloop project went live on freshly-launched crowdfunding platform JumpStart Fund, which marries crowd-sourcing expertise with crowdfunding.

“We believe the world is full of entrepreneurs who have great ideas but do not have the time or resources to make them a reality,” said JumpStart Fund chief executive Dirk Ahlborn.

“JumpStart Fund was built for that reason alone – to provide them with a place to bring their ideas to reality.”

The platform was launched a week ago by California-based online community Jumpstarter, which has been involved in matching investors with technology opportunities.

Jumpstarter said that it reached out to Musk’s private  firm SpaceX to feature his Hyperloop plan at the platform.

Earlier this month, Musk unveiled a design for a super-fast Hyperloop transport system that could zip people between cities.

Musk, who heads electric car maker Tesla Motors and SpaceX, released a 57-page document describing the project, which he claimed could connect Los Angeles and San Francisco in 35 minutes.

Musk depicted it as a new form of transport, different from traditional rail, which would carry passengers and goods in pods in a contained system elevated on pylons.

Read more at: Phys.org

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