Payment Scheme Changes! Please Review Your Pledge ❤ (Patreon)
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In summary, Patreon's new fee scheme lumps an unforgivable 38% extra on the $1 pledge tier, which so happens to make up over 80% of 2-Minute Table Top's generous crowd. In response, I've had to restructure things on Patreon to account for the new fees.
Pledges to me are now by the month, and not per-creation as it was before. As a consequence, I would implore you all to review the new rewards and choose a new pledge level!
The payment scheme change means that all of your per-creation pledges are now monthly pledges of the same amount, and so my funding level has dropped from ~$1900/mo to $682/mo. Scary, I know! But I hope that enough of you will stick around for us to bounce back.
I have tried to make the transition a smooth one, and have created a new $4/mo tier for the old $1/map Patrons, and a $8/mo for the $2/map Patrons. The main reason behind this is to minimise the fees;
- Our old method, if we stuck with it, would cost you $1.38 per $1/map pledge, and grant me $0.95, under the new system. That's 31% of your pledge paid in fees, 3-4 times a month.
- The new entry level pledge of $4/mo costs you $4.47 once a month, of which I get $3.80. This brings us down to 18% in fees; you pay $1.05 (13%) less per month, and I receive the same amount of money as before.
- The trend continues for greater pledges. Please see the Rewards column for the details, and pick what sits right with you.
Thank you to all who band with me through this transition. I believe that we can bounce back from this, and I still hope to quit my secondary job in the new year and be a full-time creator!
I'll make edits to this post and use the below section as a sort of F.A.Q. so please leave your questions and feedback in the comments.
ARE YOU COMMITTED NOW TO 4 MAPS A MONTH?
Yeps! I'm working on creating a surplus of maps so that I can make the quota even if I'm on holiday or short on time.
ARE YOU LOOKING AT ALTERNATIVES TO PATREON?
Yes I am, but I'm hesitant to change platform because I know that Patreon's familiar brand convinces a lot of people to trust them with their money. I'm sure that there will always be a crowd here large enough to keep the campaign running.
I'll be monitoring how these changes effect us. If these fee changes turn out to be a mortal wound, then I will certainly find an alternative in a hurry, but for now I will see how things pan out.
I'd at least like an on-site way to "pledge" through a PayPal subscription, completely separated from Patreon, as I know this is relatively easy to set up. I think it would be preferable to Patreon in the long run too, offering lower fees and more control, only lacking the handy brand recognition Patreon has...