Patreon is a new kind of crowd source site. Instead of just giving money for one project, you pledge to give an amount (your choice) for each release of a creator. When they make a release, like a new song, music video, EP, or album; you make the same pledge. Your pledge is the same for any release.
Chip Music creator and panelist Inverse Phase is the first performer I know to use this and he has listed some cool rewards for higher pledges. When he releases some that costs money you will get a code for a free download. Free releases like video and some songs will just go straight to funding quality material.
Inverse expects no more than one release per month, so you know how much you will be spending over the year. Patreon does let you set a monthly budget and you can change or cancel your pledges at any time.
Pledges start at $1 per release. At the $4 level you get to be part of Skype chat per release, $8 gets you a one-on-one chat, higher levels gets you a sticker pack, handwritten thank you letter, Twitter mentions, one weird non-alcoholic beverage per release shipped to you, get your own music on Inverse’s releases, get credited as a patron on bandcamp, get on stage during a performance or a shout out during a show.
Goals for this project are to create a visual contraption to improve live show quality and even build his own instruments. He has already made his album/EP The Midnight Chiptunes available for free.
One of the projects he is working is a soundtrack to the game Treachery in Beatdown City for PS Vita. Also he is working on free music for Christmas. Follow him on Facebook, Twitter, or Google+ pages for an update on Christmas day.