IOUmusic is the latest startup to focus on fan-funding, providing fans a way to pay artists directly. However, the model appears to be as much about fans donating to artists simply because they like them, rather than the strict project-focused approach of rivals like Pledge Music and Kickstarter. The company takes a 10% cut of money donated, and says it’s open to suggestions about how the service should evolve.
IOUmusic is the latest startup to focus on fan-funding, providing
