#176 Patreon
Patreon is a popular online platform that allows creators, artists, writers, musicians, and other content creators to receive recurring payments from their fans and supporters. The platform was founded in 2013 and has gained significant popularity since then.
Here's how Patreon typically works:
Creators set up a Patreon account: Creators create a profile on Patreon and describe the content or work they produce. This can include anything from webcomics and podcasts to videos and music.
Creators offer rewards: Creators can offer different tiers or levels of membership to their supporters. Each tier may have its own set of rewards or benefits, such as access to exclusive content, early access to new work, behind-the-scenes updates, or personalized messages.
Fans become patrons: Supporters, often referred to as "patrons," can choose a tier they want to subscribe to and make a monthly pledge. This pledge is typically charged automatically on a recurring basis, such as monthly or per creation, depending on the creator's chosen settings.
Patrons enjoy exclusive content: In return for their support, patrons gain access to the rewards and content offered by the creator. This can create a sense of community and engagement between creators and their most dedicated fans.
Creators receive payments: Patreon collects payments from patrons and processes fees, then transfers the remaining funds to the creators. Creators can withdraw these funds to support their creative work.
Patreon has become a vital source of income for many content creators, allowing them to monetize their work directly through their audience's support, rather than relying solely on traditional advertising or sponsorship deals. It has also helped foster a closer relationship between creators and their fans by offering a more direct and sustainable way to support the content they love.
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