Country crowdfunding platform Bandtwango is shifting its business model for the time being and allowing artists to do donation-based campaigns to help them raise money through their fanbase and continue to be able to have a career during and after the current coronavirus crisis.
The company is enacting the move to help ensure the country community has a place to help artists make a living from now until the end of the quarantine (or until normal activity starts again). Bandtwango will only take a 1% fee from each campaign plus processing fees, with the rest going directly to the artist. They are also offering flexible payouts, so that artists can have the money quicker than the end of the campaign, and they do not need to raise a 100% of the funds in order to cash out.
“As a virtual platform that has the ability to truly help country music artists, we agreed that during this time, we would rather be a resource and a safe place for artists to know they have a place to raise funds so that they can have a future, then worry about how to survive,” said Nicole Hoglund, Bandtwango’s Managing Director. “If we are able to even help out one artist, we will be grateful to know that their career will still live on once we get back to whatever normal looks like after this.”
Those interested in a donation based campaign can either contact firstname.lastname@example.org or go to bandtwango.com/get-
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