Podcasting is about to get a boost in the world of cryptocurrency with a new partnership between Fountain and Bitcoin firm ZEBEDEE. The two companies have teamed up to offer listeners the opportunity to earn Bitcoin through their listen-to-earn program.
What’s is Fountain app?
Listeners can use the Fountain app to tune in to their favorite podcast, earning small amounts of Bitcoin in the process. The program operates on a value for value exchange, meaning listeners only earn rewards for the time they choose to spend listening. This makes for a much more efficient system than traditional advertising, which often spends money on listeners who may not be interested.
Who is ZEBEDEE?
ZEBEDEE is a Bitcoin-centric gaming firm that launched in 2019. The company recently branched out into the payments space and is now looking to make its mark in the world of podcasting. By partnering with Fountain, ZEBEDEE aims to support a new business model and economic activity.
Bitcoin for Everyone!
Fountain's listen-to-earn program has been in operation since June 2022, offering listeners the chance to earn money for their first hour of daily podcast listening. The program uses RSS feeds to make podcasts from other platforms available to its listeners, offering them a wider choice of content. When the listener is ready to cash out, they connect to the ZEBEDEE app to withdraw their earnings.
On Fountain, sats are used as the currency to reward listeners for their engagement and contribution to the platform. The amount of sats earned depends on the various earning methods available to listeners, such as daily podcast listening and engaging with promoted content.
How much can you earn from listening to podcasts on Fountain?
The amount you can earn from listening to podcasts on Fountain depends on various factors, such as the daily earning rate and the amount of time you spend listening. The earning rate changes every day and is completely random, so it is not possible to estimate a fixed amount of earnings. Additionally, listeners can also earn from listening to promotions and engaging with other users' content on the platform. Sometimes a short “ad” will be available to listen to for some bonus sats on the discovery page.
Fountain's CEO Oscar Merry sees this new model as the future of content creation. By offering listeners the opportunity to earn rewards for the value they provide, he believes we will soon look back on paying subscriptions for content platforms as an inefficient way of doing things.
What about the creators of content?
Podcasts are a valuable source of entertainment and information for listeners, and even though they're typically available for free, there are ways for podcasters to earn money from their content. By claiming their show on Fountain, podcasters can receive payments from listeners who use Fountain or another app that supports the Value for Value system.
There are two main ways to earn money on Fountain: Streaming and Boosts.
With the streaming option, listeners can send a small amount of money for every minute they listen to the podcast.
Boosts, on the other hand, allow listeners to send a payment along with a message, serving as a comments system for podcasts. The amount of money sent with a Boost affects its visibility on the episode page, with higher payments appearing more prominently
Final Thoughts
In conclusion, the partnership between Fountain and ZEBEDEE is set to revolutionize the podcasting revenue model by offering listeners the opportunity to earn Bitcoin for the time they spend tuning in. This is a step forward in the world of cryptocurrency and an exciting development for the podcasting industry.
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