Want to earn Bitcoin while listening to your favorite podcasts? Check out Fountain.fm
The podcasting platform Fountain, recently unveiled their new functionality within their app that allows you to earn Bitcoin while listening to your favorite podcasts. It applies to any shows (not just crypto) as well as the daily promotions on the Discover page of the app. One of the first media outlets to report on this was Bitcoin Magazine.
This is yet another signal marking a turn in the favor of the “creator economy” where both listener and creator can earn by being a part of the platform. This is a podcasting feature, which Fountain is quick to point out, that is only available on their platform.
How does “listen to earn Bitcoin” work on Fountain?
You’ll need to do a few things when you sign up for Fountain, like download the app, create and account. Your wallet is already set up for you when you log in. The app is operating on the Bitcoin lightning network, and to withdraw and add funds you’ll just need to copy a QR code.
From there users will be able to earn what are called “sats.” On Fountain, sats are small amounts of Bitcoin that are stored in your wallet. To earn more sats, you can also discover and share valuable clips from other podcasts, be them a crypto podcast, or general podcasts. You’ll be eligible to earn sats when others like the clips you’ve created.
Additionally, on top of earning sats for every minute that you listen, you’ll be able to interact with hosts, guests, and listeners with boosts and replies — much like how a live chat on YouTube works.
In short, here’s how you can earn on Fountain:
- Listen to your favorite podcasts
- Create clips and get others to like your clip
- Multiply earnings by referring a friend
Podcasters can also claim a profile
If you are the host of a podcast, you can claim your profile, create and create a wallet. It helps to do this if you run a podcast because it allows you to receive Bitcoin via the lightning network. Once a podcaster’s profile gets claimed that profile will be eligible to receive boosts as well as lightning payments from the audience.
This new type of model, where both creator and customer can earn and share in the rewards is something that the crypto world in general is revolutionizing. And many people are diving in to see what it’s all about.