It's an ambitious goal, and the amount they are hoping to raise through crowd-funding is $75,000 (no small amount), but Ricochet has assembled a strong team of journalists (which they intend to pay fairly) and initially only having the editors volunteer their time and expertise, thus hoping to gain people's support and financial commitment.
Recognizing the power of personal connections, Change Heroes has designed their platform around the concept of "friend-funding." The goal of each change hero is to bring together 33 of their friends, family, and co-workers together to donate $3.33 a day for three months which equates to $10,000 which will fund the building of a school or two libraries.
Is there any hope for music? Can the industry adapt to meet the pressures and challenges of a rapidly evolving digital frontier? My band, Enter the Haggis, decided to fund our forthcoming record through Kickstarter and we more than doubled our goal in under 10 days. From where I'm sitting, it's hard to understand the argument that the music industry is dying. I'm currently on tour, playing songs I wrote for people who are willing to pay to see me, and they're funding my career directly. From my perspective, the music business is thriving.