Recording Studio: Funding Part III

More info for musicians or anyone following their dream. We are focussing on more crowd funding platforms today that can get you into the recording studio with plenty of funds.

Recording Studio: Crowd Funding Continued

2. Indiegogo

Indie is the short form of ‘independence’, so from the name you already know that this crowdfunding site is aimed to help you raise funds for the recording studio and make your project ‘go-go-go’ without any difficulty. The site’s layout is similar to Kickstarter so it’s easy to adapt to if you have tried Kickstarter. Unlike Kickstarter though, you can kick-start any project including donations for charity. Its “Backer Rewards” feaure is known as “Perks” here.

Special features

Anyone, U.S. resident or not, can receive funding for their recording studio projects or otherwise, using PayPal as the payment option. There is a funding plan called ‘Flexible Funding‘, in which you could receive the fund even if the project has failed to reach the funding goal; Indiegogo charges you a higher fee for that.

Fees

Indiegogo will get 4% from every raised fund, and 3% will be charged for credit card processing, plus $25 wire fee for non-U.S. campaigns. If you’ve applied for the Flexible Funding plan and your campaign failed to reach the goal, Indiegogo will charge 9% of the fund, but you still get to take the remaining funds away.  This is a great option for funding your time in the recording studio.

3. RocketHub

RocketHub is definitely a popular station to fuel your recording studio time,project for launch. The site boasts a 3-step simple process to upload your project. You can then track the progress and status of your project. If you are just interested in crowdfunding, you can go for FuelPad, but RocketHub’s winning feature is the launchpad.

Special features

LaunchPad: presents offers for RocketHub members to work with top-notch brands, companies and marketers to help them raise public interest and seek more potential opportunities for their projects. Prizes range from photography exhibition venues to 4-week media outreach campaigns with top marketers. A great plan for creatives such as artists, photographers and musicians who seek for rare opportunities and publicity.

Fees

Rocket Hub charges 4% of the fund for successful project, and 8% for project ended without reaching the financial goal. In addition, 4% of credit card processing charge will also be applied.