If you like Kapipal on Facebook (and if you don't, what are you waiting for?!), you know that we often post #MusicMonday updates highlighting some of the many awesome music-based campaigns running on our platform.
Today, we've got some big news for #MusicMonday: Kapipal is acquiring the online music community WeLoveYourSongs!
Founded in 2010, WeLoveYourSongs is an online community centered around unsigned musicians and fans of underground music. The site also hosts contests in which musicians upload their original songs and users vote for their favorites. In the most recent competition, the first-place winner received recording software and worldwide distribution of ten songs.
We want to combine the music discovery platform of WeLoveYourSongs with Kapipal's easy-to-use crowdfunding functions, making it easier than ever for musical artists to find fans and financial support.
For now, WeLoveYourSongs will continue operating as usual, and Kapipal will begin to offer support to musicians interested in crowdfunding their music careers. In the coming months, we have plans to integrate Kapipal's crowdfunding platform with WeLoveYourSongs.com.
To read the full press release, visit about.kapipal.com/press-release--kapipal-acquires-weloveyoursongs.html.
Have questions, comments, or suggestions? Let us know in the comments, on our Facebook page, on Twitter, or by emailing us at email@example.com. We look forward to hearing from you!
While it cannot be denied that it is the premise upon which a Kapipal campaign is built upon that attracts the attention of donators, the importance of running a campaign effectively can provide that little extra support a campaign often requires.
This is where you come in! We at Kapipal want to make fundraising as easy as possible, and so over the next few months we will be releasing a series of blogs and short video tutorials providing advice on specific topics.
But we can only guess what you want! So email, comment, Tweet etc and let us know any specific topics you would like us to cover :)
Many know open source. Some heard about crowdfunding. Few has used crowdfunding. Both concepts - utilizing the crowd and community have shown effective and successful result to solve problems in the world. Lately I read some blog posts and comments comparing crowdfunding to open source. Here I want to briefly share my thoughts:
Both crowdfunding and open source have helped thousands of people, which cannot be achieved alone without the support of the community / crowd. The open source approach works great, as it is utilizing the mass community's effort to benefit potentially everyone in this world, through sharing, collaboration and openness.
Crowdfunding, on the other hand, has proven to be an alternative financing model, for creative ideas on new products/services, charity, community projects, etc, which traditional financing through banks or government public funding would not cover. Even though the beneficiary would be only the fund raiser or the person who will receive the fund in the end. People, donating the money, generally feel happy because they helped others to solve a life challenge or realize their dreams. For example: unsigned musicians raise fund to create their first album with the support of their fans and music lovers. There are also crowdfunding projects, where everyone donates will benefit from it, e.g. a small community of residents raise fund to build a swimming pool for their children.
Crowdfunding has definitely helped people to solve challenges in life and to become happier. Running a crowdfunding project might be more commercial in operation than running an open source project. I believe, like open source is a real alternative to proprietary software, crowdfunding will continue to prove to be an effective alternative financing model and co-exists with banks and government funding.
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