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Re:I have 404,772 users. Now what? by toyg on Tuesday April 17, 2012 @04:00AM (#3851669)
Sellaband.com has been doing that since 2006.

For the record, most artists, including winners (I personally know one of them), say it's a double-edged sword: it gives you exposure, money and a foot in the biz, but in the end it's all about marketing and getting viral rather than concentrating on making music.

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