Wavlake - Earning SATS for hosting Music

Do repost and rate:

As web3 gets stronger, people would be getting paid in the crypto. And that means each action they do on the blockchain slowly gets them earning. Like say podcast, they can get paid per play.You can host your music and the per play action is going to earn them some SATS too. Slowly this type of the approach in the web and the blockchain would create the economy in it.

I recently am trying to find as much micro tipping economy as possible with the variety of sites out there. I found out the Wavlake which is in the process of going mainstream that pays off to the artists who make the music.You would also find the podcasters making the money out of the podcast and the music.

You as an author create music or the podcast. You put that content on the platform. And each play that you stream, there is an option to tip it and also there are multiple other ways through which the revenue can be generated. I feel that is a good direction considering a lot of artists don't get paid much unless they do the clubs and the other tours. Because those seems to be the only way for them to get paid.

Payments are done through the lightning address. So you need a SATS based lightning address that are out there.You can also in near future get such from the platform itself. However I feel that such type of the address and also the economy around the platform would be difficult to manage as well as the amount earned are low in nature.

Still I feel this is a good start for the economy on the web3. You have a long way to go for some of the single source platform making you the most of the money there. It can bring some harmony into the life if the income out of the web3 were to be consistent and also it can add up on the value as well.

You can check out -

Regulation and Society adoption

Ждем новостей

Нет новых страниц

Следующая новость