The Competition Is Only Getting Stronger... Facebook’s Is To Launch A "Patreon Like" Service! (Facebook’s Alarming ‘Patreon Killer’ Proves Why We Need Bitcoin.)

in #crypto-news5 years ago

Details have been leaked regarding Facebook’s plans to launch its own subscription service, á la Patreon.

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While Patreon takes a 5% cut from content creators who use its service, Facebook apparently has plans to charge as much as 30%. Meanwhile, the accompanying terms and conditions reveal the kind of draconian practices that Bitcoin and cryptocurrency were set up to circumvent.

Facebook will have the right to introduce new users to your account at their discretion – sometimes at discounted rates for the customer, and sometimes for free.

For more details visit source:

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Dear @straighttalk

I seriously cannot understand why would fb charge that much. 30% ? is that real info? It does sound ridiculous lol :)

ps.
How have you been doing lately? Finally I've reached Poland and I'm freezing my ass already.

I wanted to contact you regarding delegations that I provided you with. Would you still need me to keep that delegation or will you be okey without it? Please let me know :)

Cheers,
Piotr

I think its very possible for FB to charge that much given the huge amount of traffic they will drive to the content creator's channel 'with or without' the approval of each account holder...

Its great to know you arrived back at Poland safely, wishing you the very best of your stay!
Although I have been pretty much occupied with other activities beyond Steemit at the moment, I would still love to keep the delegations.

Thanks great friend!

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