Spawned vs Substack Features: Token Launchpad vs Newsletter Platform

This is the most significant difference. Spawned monetizes through token trading volume, while Substack monetizes through content subscriptions.

Spawned's Crypto-Native Model:

• Creator Fee: 0.30% on every token trade, forever.
• Holder Rewards: 0.30% on every trade is distributed to token holders, incentivizing holding.
• Post-Graduation Fee: After launching on Spawned and moving to a decentralized exchange, a 1% fee on trades is sustained via Solana's Token-2022 program.
• Launch Cost: 0.1 SOL (approx. $20) to launch.

Substack's Traditional Model:

• Platform Cut: Takes 10% of subscription revenue you earn from paid newsletters.
• Payment Processor: Uses Stripe, which charges an additional fee (approx. 2.9% + $0.30 per transaction).
• Launch Cost: Free to start a free newsletter; only costs apply when you enable paid subscriptions.

Example: A token with $1M in daily volume on Spawned generates ~$3,000 daily for the creator and holders. A Substack publication with 1,000 subscribers paying $10/month generates $10,000 monthly, with Substack taking $1,000.

Spawned's Upfront + Perpetual Model:

• Initial Outlay: 0.1 SOL (~$20). Includes token creation and website.
• Ongoing Cost: $0 monthly fees for the website builder.
• Value Return: The AI website builder alone saves $348-$1,188 annually compared to SaaS website platforms. The perpetual 0.30% fee can generate significant ongoing revenue if your token gains traction.

Substack's Revenue-Share Model:

• Initial Outlay: $0 to start.
• Ongoing Cost: 10% of your subscription revenue forever, plus Stripe fees.
• Value Return: Access to a built-in reader network and a polished, simple publishing workflow. You pay for the platform's distribution and payment infrastructure.

For a successful project, Spawned's flat launch fee can be vastly more economical than Substack's perpetual 10% cut. Compare launchpad fees across platforms for more context.