Having 1,000 visits/day already is actually meaningful for this niche. The biggest problem for a live busking platform is the cold-start problem (performers won’t stream without viewers, and viewers won’t come without performers). You already have a potential audience seed.

A rough reality check:

Metric

Conservative estimate

Daily visitors

1,000

Visitors who enter a live stream

10–20% (100–200)

Average concurrent viewers

10–30

Viewers who tip

2–5%

Average tip

$3–10

Total tips/day

$6–100+

That’s enough to make the platform feel alive if you start with 5–20 regular buskers rather than trying to launch as a marketplace with thousands of creators.

What I’d build first

Don’t build “Chaturbate for musicians.” Build “Twitch with a tip jar” for acoustic performers.

MVP:

Mobile browser streaming (or simple RTMP from OBS/phone).

A homepage showing who is live now.

A persistent tip button (Stripe, PayPal, Apple Pay, Google Pay).

Live chat.

Song request queue.

“Top tipped today” leaderboard.

The killer feature is probably paid song requests. Viewers are much more likely to tip if they’re influencing the performance (“Play Wonderwall for $5”).

Monetization

Take 10–20% of tips rather than subscriptions initially. Buskers already understand the tip-jar model. You can later add:

Monthly fan memberships.

Virtual gifts.

Featured placement for performers.

Recorded sessions for replay.

The interesting strategic angle

Your existing traffic is the moat. If those 1,000 visitors are already music-related (guitar tabs, lessons, gear reviews, busking content, etc.), your conversion rate could be much higher than a general audience.

The question that would determine whether this is a hobby project or a real business is: Where is the 1,000/day traffic coming from? (SEO for guitar content, a YouTube channel, a forum, an app, or something else?) That changes the launch strategy dramatically.