You just described a subscription service, which as a concept has existed longer than web3 has. All of these things that you have described has been possible for over 2 decades.
Web3 adds in the idea that your crypto subscription could tank and you have nothing left to pay for legals costs.
"You just described a subscription service", nope I think the defining character of web3 is a decentralised and hopefully anonymous community, driven and voted for by a blockchain powered mechanisme with a transparent, verifiable chain of decisions. In my opinion this is quite difficult to achieve with conventional organisational structures.
You just described a subscription service, which as a concept has existed longer than web3 has. All of these things that you have described has been possible for over 2 decades. Web3 adds in the idea that your crypto subscription could tank and you have nothing left to pay for legals costs.