2 years ago
Podcasting 2.0 has the imaginable to beryllium the archetypal “killer app” extracurricular of utilizing bitcoin arsenic a dependable savings vehicle, apt bringing bitcoin to the masses.
The beneath is simply a nonstop excerpt of Marty's Bent Issue #1262: “The contented monetization via LN question is here.” Sign up for the newsletter here.
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In March 2021 I wrote a piece that called retired the Web3 meme and the convoluted schemes that shitcoin projects were/are attempting: to person their tokens monetize content. In that piece, I highlighted Sphinx arsenic an exertion built connected the Bitcoin protocol/Lightning Network protocol (BP/LNP) stack that was proving that contented monetization would apt hap by injecting bitcoin via the Lightning Network into antithetic contented mediums. Well, present we basal 17 months aboriginal and the inclination has accelerated dramatically. I figured it'd beryllium a bully clip to cheque successful connected this peculiar vertical and item immoderate of the chill projects being built.
Podcasting 2.0 has, successful my opinion, the imaginable to beryllium bitcoin’s archetypal slayer app extracurricular of utilizing bitcoin arsenic a dependable savings vehicle. I’ve been utilizing it for astir 2 years present with “Tales From The Crypt” and “Rabbit Hole Recap” and the magnitude of sats flowing and fig of radical streaming them person lone been expanding since we archetypal added Lightning Network nationalist addresses to our RSS feeds. More apps person integrated Podcasting 2.0 into their services.
via Podcastindex.org
Podcasting 2.0 is conscionable the extremity of the iceberg, though. The exemplary has stoked inspiration successful builders crossed the satellite and we are opening to spot much and much applications and tooling travel to marketplace that volition marque contented mediums of each types monetizable via the Lightning Network. Alby is simply a browser hold wallet that makes it casual to wage Lightning invoices arsenic you surf the web. Mash is simply a toolkit that contented creators similar myself tin leverage to monetize written, audio and video contented arsenic good arsenic idiosyncratic interactions arsenic they prosecute with definite features (likes, voting, comments, etc.). Wavlake is simply a institution moving to bring the Podcasting 2.0 exemplary to the euphony manufacture (among different verticals), allowing musicians to station their audio files, syndicate them retired to users and person users watercourse worth implicit Lightning arsenic they listen. That gives those musicians the quality to divided payments to everyone other progressive successful the accumulation of their creation automatically.
These are but a fewer of the companies that travel to caput erstwhile reasoning astir the detonation of enactment going connected successful this peculiar country of the Bitcoin economy.
What’s truthful breathtaking astir each of these applications and tools is that they volition statesman to let creators and their audiences to experimentation with caller concern models that were ne'er earlier imaginable earlier the emergence of the BP/LNP stack. For instance, Fountain has incorporated a podcast clipping diagnostic that enables listeners to get paid for clipping definite sections of podcast episodes. If different Fountain users similar a peculiar clip that you person clipped they tin boost you for the enactment of surfacing that microcontent.
Creating gross streams for listeners is simply a precise untapped plan abstraction that should breed immoderate mind-bending experiments. Not lone tin listeners get paid, but this peculiar mechanics introduces an integrated avenue done which to aboveground the champion content. Instead of depending connected immoderate achromatic container algorithm to enactment contented successful beforehand of you, the curated contented volition beryllium idiosyncratic generated and driven by the worth assigned to it by the web of users wrong the app. Since existent worth (sats) is connected the line, the pick should emergence to the top.
I emotion that astir of the accepted Silicon Valley task capitalists and everyone other enamored with the highly analyzable satellite of “Web3” are sleeping connected these developments connected apical of Bitcoin. There seems to beryllium an inability for these types to backmost thing oregon physique thing that doesn’t person a rent-seeking token attached to it. The awesome lies successful everything discussed successful this rag and each of the different projects similar them that haven’t been mentioned. There is real, factual infrastructure being built retired that volition person long-lasting staying powerfulness successful the Bitcoin system portion the “Web3” types get wholly distracted by the shitcoin spirit of the month.
Onward!
English (US) 