this post was submitted on 03 Aug 2023
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Many creators mentioning they lost hundreds of their patrons suddenly and patrons confused as to why their payments are being declined. Patreon is such an old company that hasnt done anything to improve their service for years while the CEO makes youtube videos and seemingly nothing with the company. I hate how much of a monopoly they have in the space, they clearly have no vision for improving their website or app.

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[–] rah@feddit.uk 81 points 1 year ago (4 children)

I hate how much of a monopoly they have in the space

https://liberapay.com/

[–] 3l3s3@feddit.de 22 points 1 year ago (2 children)

I hate their entire policy around what you can and cannot say or do, on their platform or somewhere else.

[–] Goronmon@kbin.social 42 points 1 year ago (2 children)

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.

[–] SuperSleuth@lemm.ee 27 points 1 year ago (1 children)

Let's not even talk about Visa and MasterCard. They could choose to end your business at any time.

[–] p03locke@lemmy.dbzer0.com 7 points 1 year ago

Like Tumblr or PornHub

[–] 3l3s3@feddit.de 13 points 1 year ago

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?

[–] MHLoppy@fedia.io 12 points 1 year ago

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.

[–] PeleSpirit@lemmy.world 9 points 1 year ago (1 children)

I've also bought "coffee" for someone on ko-fi before. I think that's a different concept though.

[–] gamermanh@lemmy.world 25 points 1 year ago (1 children)

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

[–] LetMeEatCake@lemmy.world 12 points 1 year ago* (last edited 1 year ago) (1 children)

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

[–] Dark_Arc@lemmy.world 8 points 1 year ago (1 children)

Is it actually better? There are things like open collective and GitHub sponsors too... Choices are great, but the choices aren't clear

[–] rah@feddit.uk 1 points 1 year ago (1 children)

Is it actually better?

No idea, I don't use either. I don't even know what you mean by "better" in this context.

[–] Dark_Arc@lemmy.world 3 points 1 year ago (1 children)

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?

[–] seang96@spgrn.com 4 points 1 year ago (1 children)

They pay creators your entire donation minus the cost to do donation. They only make money from their own donation page.

[–] Dark_Arc@lemmy.world 2 points 1 year ago

Thanks; good to know!