When I have to be a patron, I can't just lean back and honor good products by buying them. I have to look up names, sample their past work, invest money in projects that might suck.
I'd do everything that investors are paid for right now. Except I would feel I'm wasting my life away because I'm doing all this over €10, not €10m.
Maybe the future value for labels is to collect a subscription fee from customers and they would do the vetting for you. That's what labels do now but under this system, it'll hopefully avoid that whole fronting bands money in exchange for the bands' life thing.
When I have to be a patron, I can't just lean back and honor good products by buying them. I have to look up names, sample their past work, invest money in projects that might suck.
I'd do everything that investors are paid for right now. Except I would feel I'm wasting my life away because I'm doing all this over €10, not €10m.