Crowdsourcing for music?

Hope Sings crowdsourced through Kickstarter to produce new songs.

Now, Microfundo is using crowdsourcing to help support musicians and their local events. Social Edge has a nice little overview of the company.

We're all for interesting models for how artists can make money in this business so they can keep creating great music. In fact, feel free to shoot us any ideas about opportunities you see for Hope Sings

I thought Microfundo used to be part of Mondomix, but I could be wrong. Anyone know the answer to that?

And I love that title: Chief Inspiration Officer...