About Fansit

How Fansit Makes Money

3 min read

How Fansit Makes Money

Fansit doesn't take a separate percentage of every tip, subscription, or PPV unlock. Most platforms do. We don't.

Instead, we make money on the spread between two prices we publish openly:

  • The price fans pay per FanBuck when they buy a package.
  • The cash-out rate creators receive per FanBuck when they withdraw.

A simple example

A fan buys the 500 FanBuck package for $4.99. That's roughly $0.0099 per FanBuck.

A creator cashes out their balance at $0.003 per FanBuck (100 FanBucks = $0.30).

If a fan tips a creator 100 FanBucks, the creator's wallet gets 100 FanBucks. When the creator cashes out, those 100 FanBucks become $0.30. The fan paid roughly $0.99 for those 100 FanBucks. The difference — about $0.69 — is what Fansit earns.

That's our entire business model. We don't bill creators for posting, charge a percentage on tips, take a cut of subscriptions, or auction discoverability. The buy-in rate and the cash-out rate are the only two numbers in our pricing.

Why we did it this way

A flat percentage cut feels fair until you realize it forces creators to think about pricing in two ways at once: their gross price (what fans see) and their net (what they actually keep). Hiding the platform's take inside FanBucks lets creators set whatever subscription price they want and know exactly what they'll cash out.

It also lets us run promotional pricing on FanBuck packages without affecting creator economics — bonus FanBucks cash out at the same flat rate as base FanBucks, so creators are never surprised by a "promotional" payout.

What we charge for

Beyond the FanBuck spread, the only fees Fansit charges are:

  • Chargeback fee — when a fan disputes a transaction with their bank, the disputed amount plus the greater of $20 or 5% of the disputed amount is deducted from the creator's wallet. This covers the processor's chargeback fee and the cost of contesting it. See Understanding Chargebacks.
  • Backup tax withholding, when required by IRS rules.

That's it. No listing fees, no featured-creator auctions, no "boost" purchases, no API fees.

Pricing changes

We may update FanBuck buy-in pricing or the creator cash-out rate at any time, based on processor costs and market conditions. Material changes to the cash-out rate are communicated through the Platform or by email at least 7 days before they take effect, where reasonably practicable.

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