495
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 03 Aug 2023
495 points (98.2% liked)
Technology
59623 readers
991 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
https://liberapay.com/
I hate their entire policy around what you can and cannot say or do, on their platform or somewhere else.
When you use Stripe/Paypal as your payment processor you have to be willing to accept whatever demands they (and the banks backing them) decide to make on any given day.
Let's not even talk about Visa and MasterCard. They could choose to end your business at any time.
Like Tumblr or PornHub
I'm pretty sure it was clearly shown that it was a tiny bit of that and a huge pile of Jack power tripping.
Can you elaborate?
A number of these alternatives exist but the reality is that if a creator advertises Patreon vs advertises Liberapay (or another alternative) you get more people signing up for the Patreon because it has better name recognition / marketing / whatever. In my opinion they got to their dominant position mostly* because "we" let them, and they also stay there because "we" let them.
*And partly because they were one of the earlier platforms (but by no means the first option for crowd-sourced financial support for creators), and they also started with lower fees than they have these days.
Nope, same thing, different words used
The idea is it's more personable, instead of subbing to a Patreon or doing a one-time PayPal or what have you, you "buy them a coffee" or "buy them a pencil" or some other low-cost item that most people both understand helps people AND are cheap/something they might get themselves, so they're more likely to donate
Also I'm p sure Ko-Fi has a better revenue split with those who use it than Patreon does
This line made me curious so I looked. Best I can find is that Ko-fi charges either 0% or 5% on donations, dependent on the type of donation and the type of account the receiver has with them.
Patreon used to charge 5%, but now has: 5% for grandfathered pro accounts, 5% for lowest tier accounts, 8% for non-grandfathered accounts on a pro plan, and 12% for a higher premium tier.
So yup, Ko-fi has a better split.
There's also Liberapay, which doesn't take any cut for themselves. The only charges you get are for the payment processors
Is it actually better? There are things like open collective and GitHub sponsors too... Choices are great, but the choices aren't clear
No idea, I don't use either. I don't even know what you mean by "better" in this context.
I mean, does it pay creators better/does it actually do the job of funding someone better? i.e. what's the advantage? Is it just kind of a meaningless difference or will creators benefit?
They pay creators your entire donation minus the cost to do donation. They only make money from their own donation page.
Thanks; good to know!