Originally Posted By: JohnJohnJohn
I don't have any idea whether this could work or not; I doubt the other guy is anywhere close to making any money on it but I could be wrong. I have only dropped by there a few times, never sat through a whole song and never paid anything.
He is making money. Lots of people DO buy tokens and tip. The performers themselves tend to support one another, and then there those performers who advertise and they have a whole fan club show up to cheer and tip. If activity is reasonably high, you can sell ads. etc etc

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You are right that we have to find a new paradigm but personally I cannot see me ever paying a cover charge to watch something on the interwebs! Just too many other things to choose from.

I hear you... I think the same way... but we are a dying breed. Young people are more inclined to stream content than to leave their homes. And whereas they probably wouldn't pay a cover charge to hear ME, there are performers they WOULD pay to see. We're not talking Eagles ticket prices, BTW... A performer would need to know what he could get away with asking and still get takers. There is at least one site using this paradigm, and they have snagged a bunch of well-known artists. Check out STAGEIT.COM

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I think you'd be wise to include the tipping method as it seems to be something folks could get into while already engaged with a show.
we definitely will include a away to tip. People warm up to tipping fairly quickly.

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Also, you should probably focus initially on gaining popularity and then you could potentially earn your revenue from ads or sponsors or premium memberships, etc.
I like the way you think!

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If you are serious about it you should consider launching a Kickstarter campaign and see if you can get enough funding to launch (or at least cover your costs for the first few months!)
Hmmm.. good point... I'll have to look into that.. thanks for the idea!