When you really want to make a change, you will find a way
to make it happen. De La Soul did just that by turning to Kickstarter to fund
their newest album. Now I would say this may be the worst example I could use
being that this is De La Soul, but more musicians are doing the same thing. One
album that I myself backed would be from Angie Johnson (Sing for You). Which
was back in 2012, so you can already say that the community has grown and there
are more people willing to be apart of anything they enjoy.
So when we go back to De La Soul, they were out of the game
for so long, and to think out of 11,000+ people. They still managed to obtain
$600,874, which is somewhat unheard of for an independent project backed by the
fans.
Now I am simply using De La Soul and Kickstarter as
examples, but there are already many artists and different crowdfunding
websites around. Now with the pros come cons, meaning while there are musicians
looking for help to fund their projects. There are also con artists looking to
taint the community. The only way to filter them out would be contact
information and the rewards given for the levels of backing. Sadly, there are
people that fall to those games, but it happens frequently.
Now doing research on the types of crowdfunding online, I
came across different categories of sites. You have sites like Indiegogo,
RocketHub, and Kickstarter that are set up for a simply investments or
donation. Then you have the sites like SoMoLend and Endurance Lending Network
where people are lending to you based on you paying them back. Last but not least,
we have Equity Investments level sites, which in itself are just a more complicated
why to put you in more debt.
Overall, crowdfunding exist about anywhere online, and it
doesn’t matter how current you are or not. If people are willing to be apart of
your movement, the money will follow. So there is no excuse to why you cannot
fund a project.
