Complex sentence: Under the name Blisse, they recorded a six song EP in 2000, and made enough money to cut their first album entitled When the Word is Wonderful which was released independently in 2001.
Split into simpler sentences: Under the name Blisse, the band recorded a six-song EP in 2000. From this they made enough money to cut their first album, "When the World Is Wonderful", which was released independently in 2001.