2012: The Year Music Crowdfunding Broke

Treble Clef Music2012 was a big year for music crowdfunding. Though crowdfunding isn’t new, this year was marked by a general buildout of the music crowdfunding space from new services to wide ranging campaigns, outstanding crowdfunding campaigns on the parts of musicians with powerful fanbases and the notable emergence of concert crowdfunding as a niche platform.

2012 saw a lot of music crowdfunding action on every level and, from the launch of new niche platforms to partnerships between services, the infrastructure of funding platforms and related businesses continued to develop.

Musicians funded not only albums and tours but raised money for vans anddocumentary films. Funding was also attempted for such projects as new electronic music equipment and mobile apps

But what really broke music crowdfunding in 2012 was not the ongoing buildout of the space but outstanding campaigns exemplified by those of Amanda Palmer and Ginger Wildheart.

Read more at HypeBot



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