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The crowdfunding platform Kickstarter just unveiled a new service called Drip, which is meant to allow viewers or readers to support content creators via donations. This is essentially what Patreon does, which means that Kickstarter just openly declared war on the service. Now, internet users have two major platforms to choose from in supporting their creator of choice.
Patreon has quickly become one of the most popular platforms used by content creators of all kinds. It basically allows modders, YouTubers, streamers, and bloggers to earn a living through crowdfunded revenue. Viewers and fans would donate money to the platform to support their favorite creators. With Drip, subscribers could actually get rewards for doing the same thing, The Verge reports.
These rewards depend on the amount donated by the subscribers or how quickly they chose to donate. For example, if a content creator chooses to make the time limit 30 days, those who donate during that period become founding members. This will then net them certain extra contents or other special items.
As a platform that has handled over $3 billion in transactions since its founding, Kickstarter is a behemoth in the crowdfunding scene. What’s more, Drip was actually a startup that the platform acquired, which predates even Patreon.
What really sets Drip apart from the competition, however, is the ability for content creators to transfer subscribers to other platforms. Basically, it allows vloggers or modders to diversify their revenue stream even more.
For now, joining Drip requires an invitation, Engadget reports. So far, only 61 people are on the list but Kickstarter plans to expand that list to more content creators next year. Once everything is in place, users will be able to support their internet idols on the platform, which they’ll likely want to do fast for the perks.
