Markets in everything: Venture capital for Art
Kickstarter allows artists to post details of a prospective project (including the necessary budget) and fans can offer to donate money.
The site offers “the Kickstarter DNA”: Rewards and All-or-nothing funding. Artists can offer rewards to certain donations (e.g. a donation of $30 gets you a signed album, $500 gets a private concert). And if the budget isn’t reached, nobody loses any money.