
What is it: Sellaband is a website that offers a way for crowds to fund a band’s first album. They’ve now expanded their service to include bands that are known, allowing fans to buy shares in the proceeds of an album, the money used to fund its production.
Why is it cool: Breaking the music industry monopoly on artists is only possible today with the relatively cheap availability of recording gear and the web’s ability to directly connect bands with their fans. Numerous artists have offered their albums directly for digital download in the past. But Sellaband expands that fan-band connection to include funding the projects as well. Eliminating the middle man of the music industry could have serious consequences, so expect PR and legal resistance from the corporations.
Where to find it: here!
Submitted by: John Cucka



