2. Crowdfunding
A brilliant idea with a 'wild west' vibe to it, crowdfunding is the darling of DIY'ers everywhere. Personally I've funded two or three music projects that were pitched, funded and delivered as expected. I ve seen a project or two fail to fund then succeed on second try and I have never seen a project funded that failed to deliver. I suppose you could say that my limited experience with the likes of Kickstarter and Indiegogo have been very positive and feel no need to sensationalize the potential downside. What I particularly enjoy about being a funder on a project is the sense of connection that is created. As much as I love Megadeth I can in no way be connected personally to the process involved in the release of their forthcoming album. The lines are clearly drawn. When the album comes out I can hold it in my hands and own it as a consumer but I don't own it like I do Bobby's last CD, whose successful Kickstarter campaign I was a proud supporter of. I believe that the surface has merely been scratched on the crowdsourcing factor - more and more artists will emerge on crowdfunding platforms - will the 'crowd' become 'overcrowded'?