How to compete with Patreon

Post by BlueTemplar » Sun, Oct 08, 2023, 9:44 AM UTC

shakesbeard wrote: post #47

x0x0 wrote: post #5

I think the real answer may be that patreon is, actually, a bad business; and that nobody has cracked microtransactions. Separately, while Patreon's charging changes seem boneheaded, I'd guess at least a 50% chance that they weren't driven by stupidity but rather by a CFO having a come to jesus conversation with the e-team. Driven by the fact that microtransactions run on a credit card are tough. Their giant raises m…

I loved Flattr ~10 years ago. You said "I have $40/month" and then these funds were allocated based on which things you flattr'd during the month (there were little buttons on the websites/blogs). Of course you could also say "include this content creator every month". It was so simple and elegant. As a consumer I had cost control, too. Plus there were no micro-transactions, only one charge to me.

Post by mattdesl » Sun, Oct 08, 2023, 9:51 AM UTC

pjc50 wrote: post #42

mattdesl wrote: post #41

Crypto could provide a competitive edge to certain features in Patreon (and Bandcamp). - Instead of 4-7% payment processing fees, it can be effectively zero[1] - Instead of 8-12% fees (or 15% in case of Bandcamp), crypto industry standards tend to be in the 0-5% range. It’s not always clear to me as a creator and patron why such a significant amount of value needs to be captured for a digital asset sale. - Users of t…

The real feature of centralized services is anti-fraud. Conversely, the real service of crypto is easy to commit, hard to trace, irreversible fraud. (also, you've missed all the points in the original article which crypto does not provide!)

Post by kro » Sun, Oct 08, 2023, 10:10 AM UTC

dyeje wrote: post #54

Discord could eat Patreon’s lunch overnight if they wanted to. Every Patreon I’ve been interested in was just a paywall for a Discord community.

Post by mattdesl » Sun, Oct 08, 2023, 10:18 AM UTC

CRM_CHILD_IDENT wrote: post #56

mattdesl wrote: post #53

Earlier quoted context omitted.

I did address both the OP's 1) pseudonym (anonymity) and 2) by-works, the other two points (patronage and audience relationship + API) are both viable and already very much present in crypto art communities. The real feature of crypto is decentralization, which does not need to mean fraud—in the same way that end-to-end encryption does not only facilitate criminal behaviour.

Cryptocoins - I guess you mean that by misusing the term "crypto" - are not "decentralized" just because there is one p2p feature implemented. On the opposite, you have ultra-centralized governance and zero democracy. You should erase the idea from your head that cryptocoins bring anything valuable to the payment world.

Post by [deleted] » Sun, Oct 08, 2023, 10:22 AM UTC

CRM_CHILD_IDENT wrote: post #56

mattdesl wrote: post #53

Earlier quoted context omitted.

I did address both the OP's 1) pseudonym (anonymity) and 2) by-works, the other two points (patronage and audience relationship + API) are both viable and already very much present in crypto art communities. The real feature of crypto is decentralization, which does not need to mean fraud—in the same way that end-to-end encryption does not only facilitate criminal behaviour.

Cryptocoins - I guess you mean that by misusing the term "crypto" - are not "decentralized" just because there is one p2p feature implemented. On the opposite, you have ultra-centralized governance and zero democracy. You should erase the idea from your head that cryptocoins bring anything valuable to the payment world.