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Odysee's new monetisation model

Should independent creators get excited?
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Also available to watch on Rumble & Odysee and listen to as a Podcast.

You can find the Apple embed above. Click HERE for direct links to listen in most popular podcast apps. If your podcasting app is not shown there, you will still be able to find the podcast by searching for “Actionable Truth Podcast”.

Alternatively, you can also add the podcast via the RSS link in any podcast listening app which supports that. My recommendation (as discussed in the recording) is AntennaPod.

However, please keep in mind that I have now decided to remove the Podcast from Spotify so you will not find it there.

Here is why:

It will also be greatly appreciated If you leave a review on Apple Podcasts:


So if you are an independent content creator or simply a freedom lover, should you get excited?

The short answer is: MAYBE.

Odysee launches a new blockchain-based financial ecosystem available to all users

Portal from Odysee is also coming soon:

The decentralised cloud service offerings like Portal may run on seems to be this one:

This is TBC as no official information is available yet.

The pre-launch marketing appears to already be underway:

The current LBC tokens are officially being “retired”:

July 5 update:

Odysee published a blog post about their new payment system but as usual with them (at least since the demise of LBRY), not a lot of details there.

What is Arweave?

These two videos provide a great intro:

Another great resource is this explanation of the privacy aspects of Arweave. It also comes with a companion podcast episode which is provided below:

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The wallet Odysee uses

However, with Odysee’s implementation you do NOT need to install any apps or browser extensions and all the interaction happens within the Odysee interface using something called Wander Connect.

Privacy/Anonymity is effectively impossible with Wander wallet

Before we get to the tokens that Wander Wallet support, there is a very important aspect to keep in mind:

Converting from Fiat currency will require FULL KYC:

This is who will be doing said KYC:

If you don’t want to go through the Fiat route (in order to maintain anonymity for example), you can buy tokens through an exchange.

However, there is a catch:

ALL the exchanges where the tokens are currently tradeable are centralised exchanges (CeX in crypto speak) which means if you don’t already have an account with one of these, you will need to get one (and do KYC).

If you do have an account with one of the above exchanges, then obviously the exchange knows your true identity and can track (and report!) all your token purchases, as well as the conversion back to fiat.

Which tokens does Wander wallet support?

Here are the digital tokens Wander supports natively:

Astro USD is a stablecoin which can be exchanged with both of the two most commonly used Stablecoins being Tether’s USDT and Circle’s USDC

Circle (a proud WEF “technology partner”) has recently become a publicly-listed company in case you didn’t know and did ‘quite alright’ on the first day:

How Decentralised is Arweave?

Probably not as much as they’d like us to think.

They also have some ‘interesting’ clients:

Should you give this a try?

Can’t hurt but be aware of the risks

and I discussed and keep local backups of EVERYTHING…always.

Our previous chat on all things tech (& crypto)

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