Hayes: Fanbase takes a 20% cut on in-app purchases
Isaac Hayes III · Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume · Jan 26, 2022 · at 10:12
Isaac Hayes III, founder and CEO of creator platform Fanbase, explains the revenue breakdown between app stores, Fanbase, and creators.
0:00 / 0:12exact quote · 12.4s
720p mp4 · rendered on demand · StarZero watermark
“So Fanbase takes 20% of all the revenue that comes through. So it goes through in-app purchases through the Apple App Store. So for every dollar, you know, Apple and Google take 30 cents. We take 20 and we pass 50 on to the user.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Isaac Hayes III
Hayes: 80% of active Fanbase users have earned money on the platform
“80% of the people that have actually used the app have actually made money.”
Hayes: StartEngine does not require companies to list all revenue
“No, we don't have to always, we don't have to list all of our revenue on Start Engine. You don't have to do that.”
Hayes: Average daily Fanbase user spent 85 minutes per day in 2021
“The average daily user in 2021 spent an hour and 25 minutes a day in the room for 22,021.”
Hayes: Fanbase has generated roughly $300,000 in post-Apple platform volume
“That's what the platform has made. Probably about 300,000.”