First of all I really like where this discussion is going! It's like a Jekyll Island style meeting for musicians.

Are you all familiar with NXT coin? It's a 100% PoS coin, with the third highest market capitalization and climbing. It's a good example of how PoS works well. They don't have a coin-age limit so spending is somewhat discouraged, but the demand goes through the roof with a good PoS.. BTW, That's proof of stake - not piece of ... or proof of steak

Back to seriousness...
However, trying to tie in content production & consumption (of a specific format as well: music) into the blockchain tech is not easy. In fact, if you solve this, it could be huuuge. I've had ideas like: how can you prove you've tipped music? how can you prove you've listened to a song? how can you prove you've made music? etc. All difficult problems.
How to prove you've made music? Trusted Timestamp:
https://www.btproof.com/I'm pretty sure any digital information can be put on a blockchain. Perhaps this is where something like Etherium is useful?
https://www.ethereum.org/ As for a new name for the band, how about Cryptotunes? Since Tunes can be any style, and people could mine Tunes - literally!
Keep it coming!