Spotify pays artists between 0.003and0.005 per stream. With an average song length of 3:30, that comes out to $0.00114 per minute. No conventional payment methods can send less than a penny to someone per minute while listening. Not only can lightning achieve this, but you can get the funds directly to the artists. Really hoping more independent artists give this a shot. I made a playlist of 20 really solid songs from artists who are giving this payment model a try, as well as this tutorial to help some friends try it out. I plan to add more tutorials for the growing number of different podcast apps supporting streaming payments, but here is the first one.
Spotify pays artists between 0.003and0.005 per stream. With an average song length of 3:30, that comes out to $0.00114 per minute. No conventional payment methods can send less than a penny to someone per minute while listening. Not only can lightning achieve this, but you can get the funds directly to the artists. Really hoping more independent artists give this a shot. I made a playlist of 20 really solid songs from artists who are giving this payment model a try, as well as this tutorial to help some friends try it out. I plan to add more tutorials for the growing number of different podcast apps supporting streaming payments, but here is the first one.