I wrote about SellaBand late last year and since then three bands have reached their full 50k in believer funds. While I can’t vouch for anything about those three, I’ve found another band that is on the rise. BulletProof Messenger is one heck of a rock band!
At this point, I’ve only invested $10 for one part into BPM, but I think it will be well worth the effort. In less than one month, they’ve managed to get well over $6000 in funds. That’s 600 parts at $10 each. The largest holder has a little over 60 so there are plenty of other people who have “believed” in the band. They also claim to have well over 12k fans on myspace.
So, if you get a chance, head on over to SellaBand and check out BulletProof Messenger. Maybe even invest. You can listen to a few of their songs and decide for yourself. It’s obviously not something to throw your whole nest egg into, but maybe a $10 spot or so here and there?
[tags]sellaband,bulletproof messenger,invest,believe[/tags]
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I’m intrigued by the concept. So of course I researched it myself, then Googled it. I found out a lot of interesting things at this site http://www.techcrunch.com/2006/08/24/sellaband-to-crowdsource-free-music/ some people bring up some legitimate concerns. The thing I can’t really figure out is how I make any money? A CD does me no good.