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Calling all Creators! How much of your earnings are you willing to lose?

VibePay
VibePay
July 24, 2024
5 min read

Calling all creators! How much of your earnings are you willing to lose?

Content creators and streamers often lose a significant portion of their earnings to platform fees. Let's compare how much money is lost on Twitch and OnlyFans as two examples, and explore how VibePay offers a more favourable alternative.

Twitch: The Streaming Giant

Revenue Model:

Twitch is a popular platform for live streaming, especially among gamers. Streamers earn through subscriptions, bits (a virtual currency), and ads.

Platform Fees:

  • Subscriptions: Twitch takes 50% of the revenue from tier 1 subscriptions (£3.99/month).
  • Bits: Twitch takes around 30%.
  • Ads: Twitch keeps around 30% of ad revenue.

Example Calculation:

A streamer with 1,000 subscribers at the basic tier would earn £3,990.

After Twitch's cut, the streamer receives £1,995 out of a potential £3,990, losing £1,995 to platform fees.

OnlyFans: Subscription-Based Content

Revenue Model:

OnlyFans allows creators to monetize content through subscriptions, PPV messages, and tips.

Platform Fees:

OnlyFans takes a 20% cut of all earnings.

Example Calculation:

A creator with 500 subscribers paying £10 per month would earn £5000

After OnlyFans' cut, the creator receives £4,000 out of a potential £5,000, losing £1,000 to platform fees.

VibePay: Keeping 100% of Earnings

VibePay provides an alternative by allowing creators to collect payments and donations directly from their audience, keeping 100% of their earnings. This is a significant advantage compared to the high fees of other platforms.

Benefits of VibePay:

  • No Platform Fees: Creators keep all their earnings.
  • Direct Payments: Fans can pay directly, ensuring creators receive the full amount.
  • Flexibility: Suitable for various types of content and creators.

Example Calculation Using VibePay:

Using the same scenarios as above, a creator would keep:

  • £3,990 from 1,000 subscribers
  • £5,000 from 500 subscribers.

You can add your VibeMe link across all your social media bio’s and also share your QR code with anyone. So stop losing money where you don’t need too and let us take care of all your payment needs.

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