If you like listening to crypto podcasts (or not), then this article may interest you. Maybe you currently use Spotify, Apple Podcast, or any other platform to find and listen to your favorite podcasts. These are platforms that have millions of listeners and this is partly explained by the fact that these applications are pre-installed on smartphones. So, every time a person buys a new smartphone, they have direct access to these applications.
However, we may miss an innovation in this area: The Fountain app. This podcast application inaugurates what we can call “Listen to Earn” which can be reminiscent of “play to Earn” in terms of audio content.
So, Fountain app stands out from other podcast platforms on this point in particular. By listening to podcasts, you can then earn bitcoin.
How traditional podcast platforms work
Often, people who discover Web3 applications wonder the advantages of using these new applications rather than those of the older web. This is perfectly understandable because at first glance, web 3 applications resemble those of web2 in appearance. The biggest difference is the decentralized use and possible monetization as well.
The CEO of Fountain Oscar Merry to decide to pay for the time and attention we give to content. In traditional podcast platforms such as Apple Podcast, your time listening to content is not taken into account. Thus, with Fountain app, the listener is then paid for their listening. This then changes the whole one-sided business of the podcast platforms that we use in web2. Likewise, with ads and donations, podcast creators also get paid. Both parties are then rewarded.
Fountain's business model is therefore very simple. For each contribution made on the platform by an author, the platform takes 4% commission fees. For example, if a listener sends 1000 satoshis to a content creator, 40 satoshis are collected by Fountain. This then allows the audio streaming service to be maintained.
What are the advantages of using Fountain to listen to Podcasts?
The idea that motivated the creation of Fountain, it is necessarily the fact of being able to give power back to listeners and creators of audio content. “Listen to Earn” allows anyone who has an internet connection to earn money by listening to their favorite podcasts. An activity that was once purely passive (financially) becomes, thanks to Fountain, a profitable activity.
By paying listeners for their time and listening, Fountain app also gives meaning to the attention we pay to the content we listen to.
Listening to podcasts is certainly an entertaining activity, but it requires attention and work provided in advance by the content creators. Fountain then makes it possible to find a simple monetization system that turns out to be a win-win for both parties.
🎧 The most interesting point of Fountain is certainly the fact that the founders did not want to create a native token (with a fluctuating value) to pay users. It was decided to remunerate users with bitcoin. This is not only of interest to bitcoin maximalists but also people who are looking to earn bitcoin in an original way and almost without constraints.
How do listeners earn bitcoin on Fountain?
There are 4 main ways to earn bitcoin on Fountain:
Listen to podcasts
Every minute you spend listening to or creating audio content, the platform pays you. You earn small units of bitcoin (called "satoshis" or "sats"). One bitcoin = 100 million sats. You receive the sats directly in your wallet. To know the amount of what you can earn, know that it is random. Some days, you can earn 1 satoshi for a minute and other days, you will receive 100 cents. It depends on the advertisers on the platform, among other things. You should also know that there is a fixed amount of earnings. You are no longer paid after one hour of listening. To earn other satoshis, you will then have to follow the other methods.
Listen to Promotions
Listeners can earn satoshis by listening to promoted content (advertising) created by podcasters and advertisers. It is the advertiser who defines the remuneration rate. This explains why the amount you can win is random and changes every day.
The Fountain Promotions tab also allows listeners to earn more when they contribute to the app by creating clips of highlights from a given podcast. They can also earn satoshis when they post comments. They can even be compensated by other listeners if they “like” it.
“Fountain promotions are voluntary and do not interrupt the podcast listening experience. Podcasters who want to introduce their content to new audiences can promote an episode or clip in-app once they claim their Fountain Podcaster Wallet.«
By sharing comments
Fountain Promotions are native ads that help listeners earn extra money every day. Getting paid to listen to ads is a more rewarding experience for users, but it also solves two common but unreported headaches for podcast advertisers.
A listener can indeed send messages that are displayed on the podcast page. It is possible to like listeners' comments and write messages as well. Listeners can also "boost" their comments depending on satoshis. This allows their messages to be highlighted.
By sharing your referral link
Another way to make money on Fountain is to use the referral system. By sharing your referral link, you will earn a portion of the fees your affiliates receive.
How to register on Fountain?
1/ Fountain is an application that you can use on your smartphone which is also available on iOS and Android.
2/ You will need to enter your email address to begin registration. You will then receive a connection link (you can also use a code to enter).
3/ You are registered. You can import the list of your podcasts that you listen to on other platforms like Spotify. You can also connect your account to your Twitter account. This allows you
4/ Now, you can browse the application at your leisure and discover new podcasts. At the moment, most podcasts are aimed at English speakers.
⚡You now have an address Bitcoin Lightning which you can use as you wish. It is on this address that you automatically recover the satoshis earned by listening to podcasts.
How to use Fountain?
You should know that you can certainly listen to podcasts on the site but you will not be able to earn satoshis on the desktop version. It is necessary to download the application to benefit from all the functionalities.
The Fountain application is very easy to use. At the bottom of the home page, you have the menu with the different tabs.
On the Home tab, you have all the podcasts you follow as well as comments and activities from members you also follow.
You also have the "search" tab to do your research, that goes without saying. You can browse to find crypto podcasts for example or podcasts on a subject that you like.
You then have the Wallet tab where you can see the satoshis you have earned.
Finally, you have the “profile” section in which you can add a photo, write a short bio and display your Twitter link if you wish.
In addition, it is on the section of your profile that you will find your referral link.
How to earn satoshis?
When you listen to a podcast, you earn satoshis which are sent directly to your wallet. Each podcast and each day, the "rates" differ.
For example, we listened to the podcast “The Art of Bitcoin” and we hit 56 satoshis.
How do I use my satoshis?
Once you receive bitcoins, you are free to use them however you want.
You can accumulate them or you can withdraw them from the platform. Please note that Fountain App also allows you to make automatic withdrawals from the Zebedee wallet. This can be interesting if you are a big podcast consumer and want to make regular withdrawals.
You can also use your bitcoins by promoting some of your messages. This will then give you greater visibility.
What podcasts can you listen to?
The podcast catalog is very varied and you will find podcasts in all areas, ranging from politics, economics, personal development, sport, music, etc.
In the bitcoin (and French-speaking) section, we recommend the podcast "L'entonnoir du Bitcoin" from the blog "Discover Bitcoin". It is an excellent podcast in terms of content; you will learn a lot about the foundations of bitcoin (but not only that) and it is also a podcast consistent with the content insofar as it is hosted on an application that allows you to earn bitcoins. The substance and the form combined in a podcast: we salute the indicative.
—> The podcast link: the Bitcoin funnel
There are of course other very interesting podcasts like the show "Les enjeux internationales" from France Culture. We invite you to browse on the Fountain app to discover others. For the moment, there are few podcasts in French but that may change if you share this article 😉
🎧 Have a nice day and good audio 😉
This article is not sponsored. We used an affiliate link. Likewise, this is not investment advice. Always do your own research. Only invest amounts you are willing to lose.
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