Summary List Placement
Patreon is a membership platform that connects content creators with fans and supporters. Mainly, it offers financial tools that let supporters subscribe to projects that give creators a predictable income stream as they continue to create content.
The platform is a modern take on the classic concept of patronage. Historically, artists such as painters, musicians, and authors sometimes relied on wealthy donors’ patronage to finance their work. Patreon takes that core concept and enables a much larger audience to finance artists and creators they like at affordable monthly rates. Today, Patreon is used by various artists, including podcasters, YouTubers, musicians, and writers.
Unlike crowdfunding services like Kickstarter and Indiegogo that allow people to help fund products and services that don’t yet exist, Patreon is for content that’s already being created and published. The intention is to give artists a sustainable income while rewarding patrons with additional content or other rewards at various subscription levels.
Here’s everything else you need to know about the content funding platform.
How Patreon membership tiers work
Patreon enables creators to establish multiple membership tiers. The number of tiers and the subscription rate at each level is left up to the creator. This can encourage casual fans to pay …read more
Source:: Businessinsider – Tech