Substack VS Odysee

• Ease of Use
  Substack offers a user-friendly interface that makes it easy for writers to publish and monetize their newsletters.
• Built-in Monetization
  Writers can easily charge readers for subscriptions, allowing for straightforward monetization.
• Direct Audience Connection
  Substack allows writers to build a direct relationship with their audience via email, which can lead to a more engaged readership.
• Discovery and Community
  Features like staff picks and recommendations help writers get discovered by new readers.
• No Upfront Costs
  Substack does not charge upfront fees; instead, it takes a percentage of subscription revenues, making it easier to start.
• Content Ownership
  Writers retain full ownership of their content, giving them more control over their work.

Possible disadvantages

• Revenue Share
  Substack takes a 10% cut of subscription revenues, which can add up for writers with a large subscriber base.
• Limited Customization
  The platform has limited customization options compared to building a custom website or using more flexible CMS options.
• Dependency on Platform
  Relying on Substack means depending on its policies and infrastructure, which could pose risks if the platform changes its terms or features.
• Competition
  As more writers join Substack, it can become challenging to stand out amidst the growing competition.
• Email Deliverability
  Writers may face issues with email deliverability, as some newsletters may end up in spam folders.
• Payment Processing Fees
  Besides Substack's fee, payment processors like Stripe also take a percentage, further reducing net earnings for writers.

• Decentralization
  Odysee is built on the LBRY blockchain, providing a decentralized platform that reduces the risk of censorship and content takedowns often encountered on centralized platforms.
• Monetization
  Creators can earn LBRY Credits (LBC) for their content, offering an alternative revenue stream compared to traditional ad-based models.
• Content Discoverability
  The platform offers various discovery features like trending, top, and newest content, enhancing visibility for new and existing creators.
• User Control
  Users have greater control over their content, including the ability to set their own content policies, thus fostering a more user-centric environment.
• Diverse Community
  The platform is known for hosting a variety of content types, which appeals to a broad spectrum of audiences.

Possible disadvantages

• Blockchain Complexity
  As it’s based on blockchain technology, some users may find the platform complicated to understand and navigate, especially those unfamiliar with cryptocurrencies.
• Limited User Base
  Compared to giants like YouTube, Odysee has a smaller user base, which could limit audience reach and engagement for content creators.
• Content Quality Control
  With reduced oversight compared to traditional platforms, there's a higher risk of encountering low-quality or inappropriate content.
• Monetization Volatility
  Earnings are tied to LBRY Credits, a cryptocurrency, which can be volatile and may pose financial risks for creators relying on it as a main source of income.
• Technical Barriers
  The necessity for a digital wallet and understanding cryptocurrency transactions can be a barrier to entry for new users.

Monetizing Podcasts and Newsletters - Chris Best of Substack and Jonathan Gill of Backtracks

More videos

LBRY & Odysee Are Finally Becoming True YouTube Alternatives

More videos

• 25+ Medium Alternative Platforms for Publishing Articles
  forgefusion.io · Dec 2023

  Substack offers writers of all experience levels the ability to write an email newsletter that’s profitable through subscriptions. Substack provides purpose-built web and newsletter publishing tools to enable writers...

• 10 Best Medium Alternatives for Reading and Publishing
  www.geeksforgeeks.org · Nov 2023

  What sеts Substack apart is its sеamlеss intеgration of contеnt crеation and subscription-basеd monеtization. Substack’s usеr-friеndly intеrfacе, distribution tools, and support for various contеnt formats make it a...

• 9 Best Medium Alternatives for Making Money With Your Writing in 2023
  www.authorityhacker.com · Sep 2023

  Substack and Medium differ primarily in their monetization methods. Medium pays creators based on reader engagement, while Substack enables writers to monetize directly through paid subscriptions to their newsletters....

View more

• Review of the 7 best YouTube Video Hosting Alternatives: Differences, Pros, and Cons
  savemyleads.com · Aug 2023

  In an age where freedom of speech, digital security, and privacy are becoming top priorities for many, Odysee stands out from traditional video platforms. What makes it special? Odysee is a decentralized video hosting...

• 10 Best YouTube Alternatives For 2023 (Comparison)
  bloggingwizard.com · May 2023

  Although these credits can be cashed out, leaving them locked in your Odysee account ” it increases its trust and discovery on the platform”, meaning that cashing out your credits will make you less likely to grow and...

• YouTube alternatives: an overview of the 10 best platforms and portals
  www.ionos.com · Jan 2023

  Much like other blockchain alternatives to YouTube, Odysee is independent from a central unit and users have complete control over the content. Of course, odyssey users need to adhere to certain guidelines:...

View more

• Benchmarking Qwen3.8 27B quantizations: 4-bit holds up, 1-bit collapses

  For anyone that would like to see more quantizations tested, I can highly recommend paying a few bucks for oobabooga's testing, which is published on his Substack: https://substack.com/@oobabooga. - Source: Hacker News / 14 days ago

• Discovery of a new OpenAI agent message board

  Reminds me of this meme: https://substack.com/@tomasbjartur/note/c-323840878?r=6cjtqn. - Source: Hacker News / 18 days ago

• How accurate have Ed Zitron's AI skeptic predictions been?

  Valid criticisms of AI - safety critics who think AI can take over the world like Yud (I find this the least credible but still valid) - Bernie type of critics who think AI can cause widespread job losses - Ruxandra Teslo who thinks AI... - Source: Hacker News / 21 days ago

View more

• Loupe – A iOS app that raises awareness about what native apps can see

  For anyone without an iPhone or doesn't want to install the app you can see a demo here: https://odysee.com/@techlore:3/permission-not-required-the-open-source:3 https://www.youtube.com/watch?v=_n_SpEWtqog... - Source: Hacker News / 3 months ago

• Swiss parliament lifts ban on new nuclear power plants

  We cannot carve and move rocks and dirt like they did: https://odysee.com/@hiddenincatours:3/megalithic-saqsaywaman-in-peru-2-2:e. - Source: Hacker News / 3 months ago

• GrapheneOS Speech Services version 2 released

  I have never purchased Monero anonymously, I just buy it straight from fiat on Kraken. What I do: Fiat-->Kraken-->Monero-->Self-custody Monero Wallet If you don't want anyone to know you purchased Monero(which is not necessary for most... - Source: Hacker News / 4 months ago

View more