This is great news for content creators and consumers.
A censorship resistant payment platform combining the best of both worlds is good for the advancement of liberty and content.
If someone is unbanked and still wants to support someone's content or consume the content -- it can now be done.... this is a very good idea.
Patreon has been around since 2013 and does not allow payments in crypto and they also censor content like many centralized services we hear about daily.
The lack of acceptance for crypto payments are tied to filing with the IRS, the Patreon Zendesk details.
Just recently a team of programmers announced the creation of a ‘Bitreon.cash,’ a platform that aims to be similar to the popular membership application, Patreon.
This particular platform, however, will be censorship resistant and powered by bitcoin cash (BCH) payments. In order to fund the protocol, two developers have raised 47 BCH so far out of their 100 BCH goal; the funds will be used for marketing Bitreon.
Patreon is a platform designed by Jack Conte and Sam Yam in 2013, and the membership service provides users with business tools so creators can design a subscription content service. Over the years the service has become very popular and is used by podcasters, Youtubers, artists, musicians, and cryptocurrency luminaries like Andreas Antonopoulos use the service.
However, Patreon has its downfalls because it’s a centralized service and the web portal has censored things like adult content. Moreover, the protocol does not allow bitcoin payments for reasons tied to filing with the IRS, the Patreon Zendesk details.
Launch of basic product planned for August 1st
September 1st is the planned date for the rest of the rollout.
Sources:
https://news.bitcoin.com/a-bch-fueled-version-of-patreon-is-coming-this-august/
Thanks for Reading.
Your Friend in Liberty