Fanbase Puts Podcasters in Control of their Coins
A quick Google search will tell you that there are eight to 20 different ways to monetize your podcast. Why? Because podcasters need money to keep their microphones on! While podcasting doesn’t have to be an expensive craft, it feels good to get paid to create podcasts.
But if you don’t know how to find podcast sponsors and want to control how much money you earn, you should use the Fanbase app. This app was created to put the creator in control of how much money they earn... seriously! Fanbase is the app you’ve been looking for if you enjoy social media and create content.
What is Fanbase?
Fanbase is a newer social media app. It was created in 2018 and the app is gaining buzz and popularity because Fanbase does everything your favorite social media app does, AND more.
Fanbase is described as “a photo, video, live streaming, and long-form content app that lets you monetize your posts by gaining subscribers for $3.99 a month to receive all of the exclusive content that you create.”
This app is available on Apple and Android phones and allows your fans to support you directly. You join the app, begin to create content, and wait for your subscribers to show love for your content. Once you have a $50 balance in your Fanbase account, you can begin to redeem the money in your account. The more “love” you get, the more money you can redeem.
How Podcasters Can Use Fanbase?
Podcasters should use Fanbase to support every aspect of their podcast.
Fanbase allows users to upload hour-long content! According to Acast, the average length of podcast episodes is 38 minutes, so the ability to release up to 60 minutes of content on Fanbase is amazing! If you had a podcast that was longer than an hour, feel free to break it up into smaller segments and release the content on Fanbase.
Fanbase allows podcasters to engage with their audiences. With the ability to create direct audio rooms and include stories or images in your feed, Fanbase is bringing the best engagement tools together and allowing podcasters to earn money from their content. When your subscribers like that picture of your podcast studio, you are earning love. When a subscriber loves the video of your new podcast episode, you can get paid for that.
Because let’s be honest, it takes a LOT of time to create graphics and tweets about your podcast. We should get paid for all of our hard work.
Podcasters can show off with Fanbase. If you want to create bonus content for our podcast audience you can share that content on Fanbase. If your subscribers enjoy the content, they will show you some love and you can earn money from it. If your audience doesn’t care for the content, you still get to display it (a win-win situation!).
Podcasters can chat with their audience. If you want to create a room, video only or video and audio, you can create that in Fanbase and allow your audience to have a question and answer session with you. And earn money while you earn love for your content.
Any way that you are using social media to promote your podcast, you can use Fanbase to promote your podcast and use their simple model to earn some cash for new headphones!
What’s the Big Deal?
The big deal with Fanbase is that users can move their existing content from social media platforms like Instagram directly to Fanbase. Users can also encourage others to subscribe to their accounts to get notified when you create new content.
Fanbase provides one pay date, the first of every month, which allows users with at least $50 USD in their Fanbase account to redeem money.
Fanbase was founded by a Black man, Isaac Hayes III. Isaac Hayes III is a songwriter and Atlanta-based music producer, who created Fanbase in 2018. He knows a thing or two about music and royalties. After investing more than $150,000 of his own money, Isaac Hayes III found additional investors in the app; which is still accepting investors as of April 2022.
The founder’s name should look familiar; Issac Hayes III is the son of Isaac Hayes (“SHAFT” star and actor, singer, composer, and songwriter, according to Wikipedia).
I Think I’ve Seen This Before...
The idea of financially supporting content is not new (think Patreon, affiliate links, etc.), but Fanbase allows the creator to be in control. You do not have to wait for Twitter to give you a verified blue checkmark to feel fancy. You could have 10 subscribers on Fanbase and if they like every video until you have a balance of $50 in your account, you can redeem your Fanbase money.
Sure, Instagram will pay you for Reels, but you are paid from a complicated formula after going viral or having a certain amount of followers. With Fanbase, the creator receives virtual currency, or “Love” as it is called in the Fanbase community, which is earned for every like that you receive on your content. Every single like.
I wish it was more complicated than that, but Fanbase is really this simple to download, begin to use, and earn money. That’s not a bad tradeoff because you were going to create content to promote your podcast anyway. So put your content in front of new eyes with the Fanbase app!
Fanbase is Better Than Your Favorite App
In an interview, Isaac Hayes III explains that every social media app has a window of popularity and Fanbase wants to be the new popular app that everyone is using. This is a great way to think about Fanbase because its features are similar to other app features that you know and love.
As technology improves and social media apps change, things change. Getting paid from social media doesn’t have to be complicated or dramatic. Fanbase is allowing you to monetize your podcast and promote your show while earning a little change. This new app is a keeper.