Podcasters have a number of ways that they can make money from their shows including:
- Dynamic Ad Insertion
- Value for Value
In this post, we’re going to break down Value for Value, and how to activate it to start receiving Bitcoin tips from your show’s followers and fans.
What is Value for Value?
Value for Value (V4V) is a unique monetization tool developed by the Podcasting 2.0 initiative that enables listeners to tip podcasters using Bitcoin as a way of saying thanks for the value they received from your content.
The great news is that you already have the Value for Value tool built into your RSS.com account, and activating it is a breeze.
Need a RSS.com account? Sign up here for free here.
How to Activate Value for Value
If you host your podcast through RSS.com, you already have a Value for Value feature that you can activate in the Monetization tab in your RSS.com Dashboard.
Step 1. Access Your Monetization Tab
Log into your RSS.com account and select the Monetization tab. Scroll down until you see the “Value 4 Value” option.
After selecting “Activate” you will be automatically directed to Alby’s website to sign up for an account. Select “Sign up to connect” and then enter your email address.
Alby will send you an email with a one-time login code which you will copy and paste to verify your new Alby account.
Once you have pasted your one-time login code that Alby sent your email address, select “Log in.”
Next select “Connect with RSS.com” and you will be automatically redirected back to your RSS.com Monetization dashboard.
Congrats! You now have a Lightening wallet set up on Alby and can start receiving SATS or satoshis which are the smallest unit of Bitcoin. There are 100 million satoshis in one Bitcoin.
A Lightening wallet is an inexpensive and fast way to receive, send and store Bitcoin over the Lightening Network.
Now that you have an Alby account, you’ll be able to see your SATS balance directly in the Monetization tab of your dashboard and also how many boostagrams you’ve received (Value 4 Value payments are also referred to as boostagrams).
Value for Value Video Tutorial
Watch a member of the RSS.com team activate Value for Value from their Dashboard.