The Format.

Ep 2. Get Paid to Listen to Podcasts?!


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The Future of Podcasting: A Deep Dive with Nick from Fountain

LISTEN ON FOUNTAIN

The podcasting landscape is continually evolving, and one company at the forefront of this revolution is Fountain. In a recent discussion, Nick, a co-founder of Fountain, shed light on how the company is shaping the future of podcasting, addressing challenges faced by creators, and redefining the concept of value in this ever-growing medium.

Fountain - A New Era of Podcasting

Fountain is not your typical podcasting platform. It combines elements of a social media network with a podcasting app, allowing listeners to not only consume content but also engage with it. Listeners can boost episodes, comment on them, and even share clips with their followers. This community interaction is a step towards a more dynamic future for podcasting.

Value for Value Model

One of the most intriguing aspects of Fountain is the introduction of the 'value for value' model. This concept revolutionizes the way podcasters earn income. Instead of relying on advertisements or sponsors, listeners can directly support their favorite podcasters through small contributions, also referred to as 'boosts'. This model not only incentivizes creators to produce high-quality content but also fosters a more intimate relationship between the podcaster and the listener.

Bitcoin - The Currency of Choice

Fountain's choice of Bitcoin as currency for listener contributions is another remarkable feature. Nick explains that this decision was driven by a desire to enable a unique feature – streaming money. This feature allows listeners to pay a small amount per minute of content consumed. Moreover, Fountain also offers a 'listen to earn' feature, where users can earn bitcoins just by listening to episodes.

Enhancing Listener Engagement

Fountain is also working towards improving listener engagement and feedback, which Nick believes is a crucial aspect often overlooked in traditional podcasting. Fountain allows users to create clips, comment on episodes, and even start conversations with other listeners. It's a way to make podcasting a two-way street, opening up a world of possibilities for interaction and community-building.

The Road Ahead

Nick shares his vision for the future, he shares his plans to attract larger podcasts to the platform. He believes that Fountain's unique features, such as community interactions, the 'value for value' model, and opportunities for growth and discovery, could be significant draws for established podcasters.

Fountain is redefining the podcasting landscape by focusing on the value of content, community interaction, and listener engagement. By addressing the challenges faced by podcast creators and providing a unique platform for listeners, Fountain is paving the way for a dynamic future for podcasting.

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The Format.By Flo Lumsden