Real World Podcasts: A BSV blockchain-powered app that wants to help everyone make money

Real World Podcasts is a new content creation platform built on top of Bitcoin SV. Content creators can upload videos to the platform, earn per view ($0.15) or a monthly subscription model for $7.77. The platform integrates the HandCash wallet for payments, as well as notifications and communication with the creator’s followers. I reached out to the creators to learn more about the platform.

@handcashapp 👋👋👋 pic.twitter.com/iPmwo0PFg5

— Real World Podcasts (@realworldBSV) 23 September 2022

Why did you create Real World Podcasts?

Jay: We are fans of new technology. We wanted to come up with a way to reverse the structure of a site where content creators are paid directly and given their fair earnings. Our job is to keep podcasters happy and we are rewarded when we give their user a good experience and purchases on our site are made. There is no master plan. We kept hearing people yelling “Build” without anyone actually building, so we said heck, let’s do it.

Rae: We were on a trip to Tennessee and we talked about making simple apps. One of our goals was to help everyone make money, and Real World Podcasts became one of those ideas.

The paradigm between paying per view for $0.15 or monthly subscription for $7.77 is interesting; how did you arrive at that pricing model?

Jay: We asked many content creators their thoughts on pricing and found a happy medium. 7.77 comes up to around 25 cents per video per month. This is for people who want to give a little more because they really like a podcaster. Also, it lets the podcaster know when someone buys a membership or just videos, making membership buyers more visible to the podcaster.

Have you considered a more dynamic pricing model where creators can set prices per video/podcast?

Jay: No, the model is set up to compete with our leaderboard. If people set their own price, we cannot justify to our sponsors that numbers are valid. If you are in the top 5 of podcasters, you get a shirt deal where you can have your logo on a shirt and sell it in our store, where you make $2.00 per shirt with no overhead whatsoever.

Maybe a long way off, but we base this on the competitiveness of content creators who want to be the best, and then be rewarded for it.

Leveraging the HandCash wallet for notifications and messages is very interesting, as opposed to building these features into the platform. Can you explain how the Bitcoin wallet features in place helped your implementation?

Jay: The notifications were something I always thought about. It could be used on many sites, but for ours we wanted our podcasters to know who is buying their content. This allows them to build a HandCash friends list.

This they can use to pay their audience to spend their time looking at an alert. It just works better than endless emails. Direct communication is best. In addition, we are (only) two people, and it seemed easier (laughs).

Rae: HandCash recently updated their docs and payment link, which helped a lot. Jay liked the idea that you can put notes in the transactions with HandCash and automatic login. For myself, it took a long time to get on board as I am used to other methods of managing users.

After testing it out, I love the idea of ​​how easy it is to use our site if you have the HandCash wallet app installed on your smartphone. We wanted to make everything as simple as possible and work on your smartphone so that it will have a good user experience. Payments are super easy and fast because it’s all HandCash.

On the information page it says that you want creators to “continue to be able to create content on other platforms”. Why is this the case?

Jay: We’re new. We want people with large audiences to continue to earn money on other platforms. We are asking for your show that you fear will be closed. Your bonus content. This is to facilitate the transition in bitcoin. I mean with Twetch you can just use Twitter honestly, but your videos, “bonus footage, etc.” cannot be replaced by another site. It’s you and your fans who will do things to support you, so keep doing your thing on other platforms.

Drop the HandCash invite link to get 15% and bring them for more content. $5 gets you like 30+ views on the site, but there will come a day where a podcaster gets 30,000 views on a show and realizes he made $4200 directly. It’s a game changer, so hopefully we’ll get more and more regular people on the site.

Rae: We know we’re not big like YouTube or Bitchute. However, we also know that users are looking for something new, and they can now experience being a content creator by earning a small amount of money. Personally, I have a ghost hunting YouTube channel and know that I will never get enough views to make money through YouTube. I also like to continue using my YouTube channel along with Real World Podcasts.

We want this to be another way to create content, not be the authority on where to place your content. If we are good, people will continue to use our website. I have the opportunity to use RealWorldPodcasts to make some money and bring in new people from conventions who never thought they could monetize their content. So we don’t want to push people away by saying they can just use our website.

How does the T-shirt sponsorship work?

Jay: If you’re in the top 5, you’re in! Easily. We’ll get in touch when you’re at that rank and get your shirt logo, then people will be able to buy your t-shirt from our store using HandCash. You get 5M, 5L, 5XL, sizes to start. Shirts will be made in America and for each shirt sold, the podcaster will be paid $2.00 in Bitcoin SV. If you fall out of the top 5, your shirt will disappear from the market until you climb back up in the rankings. We do this because it builds trust with our sponsor because these podcasters have a proven fan base.

How are the top 5 podcasters for sponsorship determined, over what time frame?

Jay: By total views for your entire channel. From when you upload a show. Views can build up quickly if you have the right program to sell.

In communications you mentioned: “We’re going more for a Spotify with Patreon additives” – can you elaborate on that?

Jay: We want to have fun and see how we do. As of now, we already pay content creators directly, which isn’t done on their end, and I just think our model is better honestly. We can add so much more to the site, but we are a small team and need to make sure the backbone is solid first.

Rae: I see this because we all like to have hobbies and some of these people get lucky on YouTube and turn that hobby into a full time job. Some of us don’t want to spend all that time, but still want to make some money doing something we enjoy.

So we want to go beyond the idea of ​​having to throw down $5 for an episode like the usual subscription and content based sites behave. We want to show how BSV can offer per-episode microtransactions that allow everyone to enjoy your content, not just people with a bunch of extra cash to throw around.

Are additional content types such as text, image or audio planned to be supported?

Jay: We were thinking of adding an independent film area. It would be a different price if we did. People could just add audio programs if they wanted, as long as it was in MP4 I guess.

Thanks to Real World Podcasts for taking the time to answer my questions. I hope readers learned more about the platform. Check out the platform today.

See: Presentation of the BSV Blockchain Convention, Live Streaming and Blockchain

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