Quite a few artists/bands have crowdfunded albums on pledgemusic (http://www.pledgemusic.com/ http://www.pledgemusic.com/). This seems to work reasonably well f

Quite a few artists/bands have crowdfunded albums on pledgemusic (http://www.pledgemusic.com/ http://www.pledgemusic.com/). This seems to work reasonably well for established artists that already have a decent fanbase but I'm not so sure about how well it would work for a band that doesn't have a group of loyal fans to turn to.