117 sats \ 0 replies \ @rheedi0 OP 5 Aug 2022 \ parent \ on: Hi! I'm Michael Rhee, founder of music streaming platform Wavlake. AMA bitcoin
I think there are multiple benefits for music listeners. Before I list them off, let's just use Stacker News as an example of how users can interact with content by using a simple financial instrument: sats. We've seen how this can enable things like giving visibility to the best content, incentivizing great posts/comments, allowing for users to earn... all these mechanics can also apply to a music platform.
So, some advantages for listeners:
  • pay for the music you like
  • get more of the music you like because the artist has support
  • receive exclusive access to an artist or their content in return for your support
  • receive better recommendations
  • have options for where you want to listen, resulting in better discovery
  • not have to pay subscription fees
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