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ted (not lasso) pfp
ted (not lasso)
@ted
two things can be true: 1. this is good revenue generation for these pods that wouldn’t have been generated on traditional platforms 2. as a podcaster, “minutes listened” is infinitely more valuable to me compared to “mints,” which imo is the most unreliable onchain metric for quality of multimedia content
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YES2Crypto đŸŽ© đŸŸȘ🟡 pfp
YES2Crypto đŸŽ© đŸŸȘ🟡
@yes2crypto.eth
True enough, I mint probably 5x more podcasts than I actually listen to. I see a mint? I mint it. Low investment; FC makes it way easier. I see a podcast? takes a lot more for me to invest my time. FC makes podcasts hard since I can't listen in background. I have to go to YT, downcast or something else.
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ted (not lasso) pfp
ted (not lasso)
@ted
so let’s assume only 20% of pod minters actually listen to the pod that means you actually need 5x distribution compared to web2 pods for brand deals and sponsorships to be worthwhile to the brand livestream attendance is a more accurate representation of distribution for multimedia content s/o @gmfarcaster
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Lucas đŸ”„_đŸ”„ pfp
Lucas đŸ”„_đŸ”„
@0xl
Caveat is that your monetizing on 100% of mints and that could mean you don’t need to rely on brand deals and their distribution/audience requirements to earn a living That said if you’re succeeding on getting mints - you’re building a list of wallet addresses (read: public Venmo accounts) of people that engaged with you that you can then therefore sell to brands. Seeing this work today with @rehash @levy and others
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ted (not lasso) pfp
ted (not lasso)
@ted
caveat is that a creator is monetizing from addresses who don't care about the content; what creator wants the $$ but no true fans? frankly, the list of wallet addresses are majority airdrop farmers and speculators. that's a genuinely great list for crypto brands that want to reach those types of users; that's not the audience i'm interested in.
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Nounish Prof ⌐◧-â—§đŸŽ©
@nounishprof
Not sustainable on mints alone at this point. Absolutely need brand deals/sponsor for sustainability. But agree with the point regarding boosting appeal to web3 brands with the mints.
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