YouTube Fan Funding & Patreon, How Does It Work?



Patreon is a platform to make money through a payment model between subscriptions and donations. Patreon is a crowdfunding site aimed at a particular audience: artists and online personalities in the business of content creation. For example, a patron could subscribe for $5 per month and receive early access to the creator's content. Now your bank account is $100 heavier each month (minus a 5% Patreon fee and additional payment processing fees deducted by the service).

When you have people subscribing, you know the minimum you can make monthly. If you highly enjoy someone's content, then joining their Patreon is an excellent way of showing your support. On its face this is intuitive, although many patrons fund multiple creators, leading to a splattering of credit card charges across a billing cycle.

That was really frustrating, because it meant that if I had someone who wanted to join as a client on the 15th of the month, my two options were either to prorate them for the first month by sending them a Paypal bill, or basically to write down their start date and then their end date, then settle whenever they cancel however many months in the future.

Patreon is a platform that allows creators like Nicole to create a community-funded business model. This is common among creators that do not upload monthly. You can also see how many people are currently supporting a creator. Patreon is an patreon 2020 online service that allows anyone to financially support their favorite content creators.

This is mostly a result of the fact that most Patreon creators charge a small amount of money (a couple dollars) per month. Essentially, people who are funded by Patreon are being funded by their most dedicated fans. Kickstarter, another crowdfunding platform, had to accept that as it grew , not everyone wanted to hand money over to people they liked with few strings attached: some wanted to just buy stuff.

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