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Middlemen take most of the money and artists are left with the scraps.
Music artists want to monetize their true fans
This would enable them to:
Current solutions for artists to monetize their fans end up with either:
Low earnings per fan
Eg: Spotify pays artists $0.004/stream & 0.09% of artists make ≥$100k/year.
OR
Low number of participating fans
Eg: Patreon suggests that 1% - 3% of a person’s audience is monetizable.