DEMOCRATIZING - Social networking platform Fanbase experienced significant user growth, acquiring 30K new users in just 3 days, representing a 185% daily increase. This surge coincides with the controversy surrounding Clubhouse's recent update, which led to dissatisfaction among its users. Fanbase quickly scaled up its infrastructure to accommodate the influx of users, providing them with an alternative platform. Fanbase's rapid growth aligns with its ongoing crowdfunding campaign, poised to conclude in 2 weeks.
3 posts categorized "Fanbase"
Fanbase Records Rapid User Growth Amid Clubhouse Controversy
|
Fanbase Closes Second Crowdfunding Raise of $2.6M
PR NEWSWIRE - Fanbase, the social media platform empowering any user to monetize their content, closes their second crowdfunding raise of $2.6 million on StartEngine. Fanbase has raised ~$6M in crowdfunding with ~8.6K investors, allowing users to secure equity in a platform they are actively using. Fanbase has seen a 1,000% User Growth in 2021 without any marketing spend. Additionally, it launched into 177 countries in Oct 2021 with a projected 100-150% MoM growth for 2022.
|
Subscription-based Social Network Fanbase Expands Into Australia
THE MUSIC NETWORK - May 20 - Photo, video, live streaming, and long-form content app, Fanbase has announced its expansion into Australia, the UK, and Canada. Fanbase allows users (including musicians and celebrities) to monetize their content with paywalls and tips. Fanbase currently charges subscribers $3.99 a month and takes a 20% cut of all in-app purchases. News of the app's expansion comes after it raised ~US$3.2M from 4,8K investors in crowdsourced equity through StartEngine. The platform claims it has garnered 12,7K users organically, with 40% of its users paying.
|