You can do 0% on your own and show up EVERYWHERE else except for Wavlake
Discussion
Doesnt spotify, for example, take most of the money you make on a track? Or thats a separate thing?
Spotify pays you $0.003 per stream
Others pay differently but similar
Right. What I’m wondering is how much money Spotify makes per stream ie is the .003 equivalent to the 10% Wavlake takes
If someone zaps a track on Wavlake 10000 sats, Wavlake takes 1000 sats. Seems like I would need a lot of streams to get to that. But I understand your point about the walled garden
I meant “ what Spotify makes on a stream, is it equivalent to the 10% Wavlake takes”
Apples to oranges. Spotify makes money by using your content (as an artist) to sell subscriptions and they kick the artist a $0.003 "commission" on the artists own IP.
The wavlake model takes a 10% split which is more akin to what happens with the middlemen in the existing industry taking a cut of profits. Not as egregious as other middlemen though. It all varies but traditionally management will take 15%, distro takes 20%, and the label takes 25% leaving the artist with only 40% before any expenses...
That’s exactly my point though. Wavlake is a walled garden so that’s not the best. Still a better deal than Spotify or similar platform.
Agreed, its better than Spotify but its also not as good as using self-hosted solutions.
For example, RSSBlue.com (hosting) takes a 2% split.
When you use rssblue, where does the song show up? Spotify and similar platforms? Is there other places where it shows up and you get paid?
It shows up everywhere in the valueverse except wavlake.
That’s why I’m asking. I have no idea what the value verse represents. Is it only platforms that pay roughly .003 per stream? Are some places more generous?
Spotify pays 0.003 per stream. Other legacy music platforms (apple music, pandora, etc) have their own payout structures. None of them pay very much. You're basically renting your content to them for fractions of pennies while they get filthy rich off of your PoW.
Valueverse refers to tracks uploaded through an rss feed, more specifically the ones set up on an rss feed which allows boosting/zapping (aka podcasting 2.0).
Generally, the valueverse embodies much of the FOSS ethics that we hold important in nostr and bitcoin.
Thanks for the explanation. Right now I’m putting my stuff on Wavlake, where do I put it if I want to be on the valueverse? Just sign up to rssblue?
There's lots of options! I use rssblue which does charge $5 a month but they make it easy to build the rss feed. There are other providers out there - I'll let the podcast ppl give suggestions on alternatives nostr:npub19ha7tju4teqp3dmwv4p28wrcy9zd6h6hxkg5mwvjrlfycweazpkse2q0fa nostr:npub177fz5zkm87jdmf0we2nz7mm7uc2e7l64uzqrv6rvdrsg8qkrg7yqx0aaq7 nostr:npub1yvgrrzf4dnmu30qfhw95x87ruu0g2kpv3a64h8hpvqsre8qeuspsgd6pv9 nostr:npub1yvscx9vrmpcmwcmydrm8lauqdpngum4ne8xmkgc2d4rcaxrx7tkswdwzdu
If you host your own website you can just upload the file yourself, grab an rss template, and point the tag towards where it was uploaded. That's the free DIY solution.
When you self host, what makes the podcasting 2.0 apps find it? Just setting up the rss template?
Add it to the Podcast Index which Wavlake does do. That's why Wavlake music shows up in Fountain, LNBeats and other podcasting 2.0 app.
You add your feed URL here:
Dude, if you're on Wavlake, you're in the Valueverse™. If you like Wavlake, use Wavlake. They make it easy, and they make all the music on Wavlake available in any podcast player. However, their player only plays Wavlake music, it doesn't allow you to play non-Wavlake music on it, so if someone decided they want to host their music on RSS Blue or self host it, it's available in all the podcast apps, but it's not available on Wavlake. Wavlake is a check valve, their music can go out, but nobody else's music can come in. You decide if that's the sort of ecosystem you want to support.
🤝