Monday, February 25, 2013

Crowdfunding.


Last week interns worked in a group of 4-5 to search information about Kickstarter, crowdfunding website. Our team found that this web source doesn't work for us because our project doesn't match with their requirements. Moreover, I went over Music Think Tank.com. There are some useful articles about crowdfunding, for example The Crowdfunding Quandry: Sales Vs. Art Vs. The little Voice Inside Your Head, which help me to gain deeper understanding about crowdfunding system. Our team gave 2-3 pages conclusion to Ron about what we have learned.

In my opinion I think music business involves both sales and art. Artists not only do
the music things but also want to make money for living. It would be great if they can
balance both things. Crowdfunding is a great choice for artists but I think it doesn’t suit
for artists who concern only about the money matter.


I found the RocketHub, another crowdfunding site, from an article in music
think tank. It could be one of our choices to find funding for One night stand
project. We can keep the funds we raise (not an "all or nothing" model).
RocketHub´s Crowdfunding Success School provides you the
step-by-step break down How do you succeed at crowdfunding? (http://
www.rockethub.com)


Furthermore, I searched “crowdfunding for music” on Google and found Tubefund.com
website. It’s exclusively for musicians which they
can crowdfund their
with a TuneFund campaign. (http://tunefund.com/home/content/support/4)

 
Thank you :)

Vorahathai Kunupagapan (PF)
Emerson College
PR Intern

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