#393: Value 4 Value Music with Sam & Michael from Wavlake
TFTC: A Bitcoin Podcast
Marty Bent
4.8 • 804 Ratings
🗓️ 31 January 2023
⏱️ 92 minutes
🧾️ Download transcript
Summary
Join Marty as he sits down with Sam Means and Michael Rhee to discuss Wavlake, the current issues with the music industry, and how to orange pill people with cool products.
Follow them on Twitter:
https://twitter.com/sammeans
https://twitter.com/rheedio
https://twitter.com/wavlake
Check out Wavlake:
https://wavlake.com/
Check out Lightning Store:
https://lightning.store/
6:14 - Technical issues right out the gate
8:04 - Artist monetization struggles
11:43 - Wavlake explained
15:02 - The publishing company model
19:48 - V4V audience interaction
21:56 - V4V artist profit
25:01 - Other models to integrate
29:17 - Building a music index
33:17 - Changing the artist mindset
38:34 - Podcasts vs music
43:50 - Orange pilling through music
46:38 - Nostr
57:41 - Artists are sick of the current model
1:03:07 - Playing the slow game
1:06:50 - Wavlake causing incentive change
1:10:56 - Using V4V to improve recommendations
1:13:16 - Future of LN
1:17:20 - V4V boosts are growing in general
1:22:54 - Lightning store
1:28:15 - Plugs and final thoughts
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Transcript
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| 0:00.0 | So, Freaks, it's your boy Marty here to introduce Rip 393 of TFTC. |
| 0:10.6 | I sat down with Sam and Michael from Wave Lake, the co-founders of Wave Lake. |
| 0:17.2 | They're really trying to innovate in the music space. |
| 0:20.8 | They're applying the podcasting 2.0 model to music, Wave Lake is a platform. |
| 0:26.4 | You can publish your music, attach a lightning address to it, and have your fans, send |
| 0:32.4 | you sats. |
| 0:33.4 | It's a beautiful thing. |
| 0:34.5 | You'll learn more about it in the episode. |
| 0:36.9 | We do not have a top four boost |
| 0:38.7 | in the intro for this episode because we just record it back to back. If you listen to the episode |
| 0:45.3 | with Victor, previously, I recorded that and then hopped right back in the studio with Sam and Michael and we recorded the ads right |
| 0:55.9 | after so the Victor episode hasn't dropped yet so there's no boost to read that's why we're not |
| 1:00.5 | reading them but thank you if you are contributing via podcasting 2.0 app and the value for value |
| 1:05.8 | model for contributing if you're streaming sets this episode or if you have previously episode |
| 1:10.1 | or with previous episodes if you boosted thank you from the bottom of my heart i really appreciate it |
| 1:16.4 | means you guys are getting value out of this and feel so compelled to send it back |
| 1:20.3 | lets me know and i'm on the right track i'm actually putting good content out there so thank you |
| 1:25.9 | guys for supporting the show if you don support it via podcasting 2.0, |
| 1:30.3 | you don't want to stream Sats, |
| 1:31.8 | but you do want to support the show. |
| 1:34.0 | Lois Lift, |
| 1:35.0 | you give us a rating or a review on the podcast apps |
... |
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