Bands Funded By Fans

 - Aug 18, 2006
References: sellaband & springwise
Sell a Band is a cool new community site where fans can purchase shares in aspiring bands. The funding helps the bands to professionally record their music. If they make it big, the fans prosper. For the bands, it is a pretty cool way to raise money.

The site explains, "In total there are 5,000 so called Parts of $10 each. So, what you have to do is find 5,000 Believers who will buy 1 Part. Or find 2,500 who will buy 2 Parts. Or find 1 Believer who buys 5,000 Parts. Anyway, we think you get the picture."