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June 28, 2022 12:00 pm

Comradery is developing a cooperative way to get paid online





Illustration by Jarett Sitter / The Verge



It’s easy to compare Comradery to Patreon. Both allow creators to collect money from subscribers, and both allow them to offer content, bonuses, and updates in return. But where Patreon is beholden to venture capital, Comradery is controlled democratically by the people who use it.


“The one thing a venture capital tech company can never deliver is long-term stability,” says Ty Underwood, a developer at Comradery. When funded by investors, platforms often squeeze creators by taking increased cuts. Patreon raised its fees in 2019. In April, Etsy creators went on strike after they announced that transaction fees would be rising. According to recent Bloomberg reporting, Twitch is looking to lower its revenue share with top creators from 70...



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Original Link: https://www.theverge.com/23060001/comradery-coop-crowdfunding-patreon

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