- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
About two months ago I was talking about this model for funding artists in the Fediverse where backers would set a monthly “pledge” and then they would be able to define how to split their contribution among their favorite preferred people.
This week I am launching the MVP of this idea. It’s not specific to musicians or artists, but instead can be used by any content creator that wants to get any support from their audience.
I generally stay away from being in between people and money because sadly people change their mind and the money could be reversed after it leaves my hand. Doesn’t mean you shouldn’t push this idea further, but please do make sure you setup reserves and buy yourself enough time to protect yourself.
This is generally good advice. The standard practice from all crowdfunding platforms is to only send money to creators after it has cleared out and can not be clawed back.
I also have some sort of protection from Stripe because they have a good KYC and risk assessment system.