User:Tuvibe/sandbox

Profans is an African membership platform that provides business tools for content creators to run a subscription service. It helps creators and artists earn a weekly,monthly or yearly income by providing content to their subscribers. Profans charges a commission of 15 to 20 percent of creators' weekly, monthly or yearly income, in addition to payment processing fees.

Profansis used by YouTubers, webcomic artists, writers, podcasters, musicians, adult content creators,[1] and other categories of creators who post regularly online.[2] It allows artists to receive funding directly from their fans and or subscribers, on a recurring basis or per work of art.[3] The company, which started in March 2020, is based in Mombasa Kenya.[4]

HISTORY

Profans was co-founded in March 2020. The company raised $10K from a group of venture capitalists and angel investors. They signed up more than 5,000 "users" in their first 6 months.In late 2020, the website announced that patrons were sending over $10,000 per month to the site's content creators.

BUSINESS MODEL

Profans users are grouped by content type, such as video/films, podcast, comedy, comics, games, and education. These content creators set up a page on the Profans website, where subscribers can choose to pay a fixed amount to a creator on a weekly, monthly or yearly basis. Alternatively, content creators can configure their page so that fans pay every time the artist releases a new piece of art. A creator typically displays a goal that the ongoing revenue will go towards, and can set a maximum limit of how much they receive per month. Fans can cancel their subscription at any time.

Profans users can unlock monetary tiers that increase the content type they see from the user. Several content creators on Profans are also YouTubers. They can create content on multiple platforms, and while the YouTube videos may be available to the public, the fans receive private content made exclusively for them in exchange for aiding the Profans user's goal. Profans takes a 20% commission on pledges.

As of February 2021, almost half of the artists on Profans produce YouTube videos, while most of the rest are writers, webcomics artists, musicians, or podcasters.

Unlike other online platforms such as YouTube and Facebook, which use trained algorithms to identify potentially inappropriate content, Profan's trust and safety team monitors users and investigates complaints of Terms of Service violations.