The Bill and Melinda Gates Foundation offered up a challenge to create a next generation condom, promising $100,000 in funding to the winning idea. Basically, it works like this:
We are looking for a Next Generation Condom that significantly preserves or enhances pleasure, in order to improve uptake and regular use. Additional concepts that might increase uptake include attributes that increase ease-of-use for male and female condoms, for example better packaging or designs that are easier to properly apply. In addition, attributes that address and overcome cultural barriers are also desired. Proposals must (i) have a testable hypothesis, (ii) include an associated plan for how the idea would be tested or validated, and (iii) yield interpretable and unambiguous data in Phase I, in order to be considered for Phase II funding.
The good folks over at The Slingshot Channel have answered the “easier to properly apply” portion with a slingshot. Personally, I don’t want this thing anywhere near my junk.

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