Isaac Hayes III has launched Fanbase, a social media platform aimed at empowering users by allowing them to monetize their influence through a unique revenue-sharing model, rather than relying on advertising. With $17.5 million raised through equity crowdfunding, Fanbase has gained traction as a community-driven investment model. Hayes emphasizes that unlike other platforms that exploit user-generated content, Fanbase prioritizes the success of its creators. The platform also pioneered peer-to-peer subscriptions in 2018, positioning itself as a timely alternative in a competitive landscape.
"It started because the idea that the culture of social media needs to be owned by the users who make the trends and really accept them ..."
"Most of these platforms make you do a bunch of things before they allow you to monetize. They're basically using you to form content so that they can run ads in between..."
Collection
[
|
...
]