it can work but there are better alternatives, like the main one to just run everything virtual. theres no financial investment involved there in comparison to having to buy a bunch of physical shit and a webcam decent enough to broadcast it. there are many other nuances that would come with the gm and the player being separated anyways, the gm always having to move the pieces himself, adjusting the webcam with limited space to show an entire board, and the overall lack of involvement a player has besides oral expression.

there are free websites that exist where the purpose is to eliminate that bullshit. and honestly theres even more freedom available for the dm and the players because there is no true finite table space and many things such as monster sprites or tile patterns are free, with a variety available