Spawned vs Substack: A Crypto Creator's Guide to Monetization

This is the most significant difference between the platforms.

Spawned's Model:

• Creator Fee: 0.30% on every secondary market trade of your token.
• Holder Rewards: 0.30% distributed to token holders on every trade (a unique incentive).
• Post-Graduation: After your token reaches certain thresholds, a 1% perpetual fee applies via Token-2022 program.
• Revenue Example: If your token has $1M in daily trading volume, you earn approximately $3,000 per day from the 0.30% fee.

Substack's Model:

• Platform Cut: Takes 10% of subscription revenue you generate.
• Payment Processor Fee: Additional ~2.9% + $0.30 per transaction via Stripe.
• Revenue Source: Primarily paid subscriptions from readers, with optional advertising.
• Revenue Example: If you have 1,000 subscribers paying $10/month, your gross revenue is $10,000. Substack takes $1,000, and payment fees take ~$320, leaving you ~$8,680.

Spawned's model aligns creator success with token trading activity, while Substack's aligns with subscriber count and retention.

Spawned offers more direct ownership but more responsibility.

• You own the smart contract for your token. Your community and its value are not locked to the Spawned platform.
• Your revenue stream (0.30% fee) is baked into the token's mechanics on-chain.
• The risk is market-based (token volatility, liquidity).

Substack offers less ownership but handles more infrastructure.

• Your subscriber list and content exist on Substack's platform. Migrating away can be difficult.
• Your revenue stream depends on Substack's policies and fee structure, which can change.
• The risk is platform-based (policy changes, algorithm shifts, competition).

For creators wanting to build a portable, on-chain asset, Spawned provides the tools. For those wanting a managed service, Substack is the choice.