Need Cash Fast? Patreon Is Now Lending Money To Its Creators To Launch Projects With
Patreon is a subscription membership based crowdfunding website It's a place where creative small business people can offer paying patrons special access to content of all types. Streaming services seem to be making a lot of money for someone, but that someone is rarely the creators who exist on those platforms. While every channel on YouTube can benefit from YouTube Fan Funding, figuring out whether or not you're right for Patreon really depends on the kind of content you're making.
They've consistently piqued our interest for the shrewdness of their operation; since launching in 2017, Multitude has nimbly pushed to diversify its revenue beyond the classic ad-support model, including a spirited adoption of direct support, primarily via Patreon and Memberful , and a tertiary business renting out studio space.
Every creator sets up a profile where they fill out a prompt about what they're making: Oliver Babish is creating cooking videos,†or Hannah Alexander is creating Art and Costume Designs inspired by pop culture and Art Nouveau.†Patreon encourages creators to provide a description of themselves and their work and strongly suggests uploading a video — This combo is incredibly motivating for fans — it shows how real this is to you and how much you value their participation in your journey,†the site says.
Many smaller creators have been able to focus on their online work full-time with the support of their patrons. We found live feeds ended up in Trash Land, with a low value to low willingness to pay for most patrons, even though they are a regular offering on Patreon for community and audience building.
Music Ally has examined a sample of 20 of the most popular music and music video creators on Patreon to find out. Patreon sets itself apart in the crowdfunding patreon youtube integration space by enabling fundraisers to solicit monthly donations rather than one-time contributions. From its launch, one of the distinguishing features of Patreon has been users' ability to set different tiers of support, as well as funding goals.