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I think this is an interesting alternative to the way most bands do things, but in order to actually take advantage of it you'd have to have an established fan base. It'd be a major turnoff to new listeners to have to invest in a subscription, even though this one is super affordable. Combining this idea with regular streaming services could be a great platform though! I help support a few artists through Patreon, so doing something similar for musicians is a step towards reworking the industry into one that actually supports the musicians.