From singer-songwriters to Hip Hop artists, musicians from across the world are now earning satoshis (sats) — fractions of a bitcoin — for streaming their music.
Many of those artists earn more in Bitcoin by sharing their songs through platforms like Wavlake and Fountain than in classic currencies to stream their music through virtual streaming platforms (DSPs) like Spotify and Apple Music.
“In five years in the classic DSPs, I won $ 750 in transmission royalties of more than 500,000 transmissions,” shared the American pop rock artist with me. “In a year, distributing to the valued, I won more than 21 million Satoshis, which equivalent to $ 13,278. 72 to September 23, 2024. “
The Valueverse area, also called Price Area for Price (V4V), Costello discussed refers to the rest of the platforms, adding the wavlake and the Wavlake and the source source, which allows users to give a gift from the podcasters of Musicians and other content creators for their paintings on Sats on Sats on Sats. More and more musicians in the global are beginning to feel the monetary who accompany the exchange of their songs in the V4V area.
British singer-songwriter Joe Martin has earned $1280 from SAT on Wavlake and Fountain since releasing his first tracks on the platforms at the end of 2022, while he has only earned $240 from DSP, through which he has been streaming his music since 2017.
The Hip-Hop Tanzano artist as Kweks obtained a general of $ 25. 68 from United Masters, the corporate distribution used for classic DSPs (for which he will pay an annual rate of $ 60), while won 2. 3 million SAT, value More than $ 1,500 at that time of publication: Wavlake only.
Kweks provided some context for SATs in his home country.
“I am founded in Tanzania, where 1,000 SAT is a 1,731 TSH value,” she shared the email with me.
“You can go to a local restaurant and get a soda for 1,000 TSh, a meal for 3000 TSh, a bus ride for 600 TSh, and a bottle of water for 500 TSh,” he added.
“Then, when Zaps Me 10,000 sat for my song, which is recently a value of 17,310 TSH, it goes very far. “
Creators such as Kweks, Ainsley and Martin also use Nostr to percentage their music.
While Martin recently wins much more SAT through a platform like Wavlake than through Nostr, he is sure that Nostr will play a more important role in artists in the future.
“As of now, the zaps I receive on Nostr do not make up a meaningful part of my daily income, but I can foresee a future where I could release a ‘sneak peek’ of a newly written song, or behind the scenes at an important gig and a few hundred of my followers could zap me a dollar or $0.50 worth of sats,” Martin shared with me via email.
A post from Joe Martin on Nostr for which he earned 310 sats.
Kweks, who’s more active on Nostr than he is on traditional social media platforms like X, also commented on how important the protocol has been for his work as an artist.
“Nostr is essential for me to argue with the community,” Kweks said. “This is where I publish my songs, Interagis and even collaborates with other artists. “
Costello believes that Nostr facilitates enthusiasts to show the love of their favorite artists more smoothly.
“Zaps and increases allow an appointment of instant and intimate enthusiasts that we have tastes and love,” Costello said.
“When someone zaps you, they are actually providing you with value in the form of a micropayment, not a series of ones and zeroes in the shape of a heart on Instagram,” she added.
“The amount matters, but the goal, whether it’s a few hundred or a few dollars, speaks volumes. “
Wavlake, which was built through a music industry veteran who sought to allow artists to get paid for their music, is perhaps the simplest platform to start with.
Users create an account and can without delay, download their songs the platform. The platform also allows artist divisions, which means that it can organize that Sats is sent directly to safe members of a musical outfit or a manufacturer that downloads a song or an album.
Wavlake doesn’t charge artists to upload songs, but it takes a 10% cut of the sats streamed through the site.
To stream Fountain songs, users have two options. For the first option, they can upload songs to Wavlake and then attach their Wavlake account to Fountain.
For the second option, they first need to set up an RSS feed. RSS Blue enables artists to establish their RSS feed and upload up to 10 tracks per month. The fee for the service is $5 per month for its service and Fountain charges an additional 2% fee on each payment creators receive. Once the RSS feed is live, users can create an account on Fountain and claim their feed.
To use Nostr, users must first choose a customer, which is an application that serves as an interface for the protocol. Primal and Damus are popular consumers of social networks for Nostr. The Wavlake application, which must be had for iOS and Android devices, is also a Nostr client.
Martin encourages musicians to start sharing their work on these platforms right away, as these tools put power back in the hands of musicians, who’ve notoriously been exploited by the music industry.
“Each independent artist is absolutely disappointed with the state of industry and is desperate for an alternative,” said Martin.
“The revolution has to come from the rear, artists who are not easy to replace and take songs in their own hands by loading Wavlake and traveling in Nostr. “
One Community. Many Voices. Create a free account to share your thoughts.
Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.
To do so, please abide by the posting regulations in our site’s terms of use. We’ve summarized some of those key regulations below. In other words, keep it civil.
Your post will be rejected if we notice that it seems to contain:
User accounts will be blocked if we become aware or that users are compromised:
So, how can you be a power user?
Thanks for reading our network directives. Read the complete list of publication regulations discovered the situations of use of our site.