Fanbase is one of the startups getting a fair amount of buzz (and funding) in the fast-growing ‘creator tools’ sector. It’s a service that helps musicians, celebrities and other creators build communities of fans, including with paywalled content for subscribers paying $3.99 a month, and a tips economy based on its ‘love’ currency.
Snoop Dogg, Charlamagne Tha God and Chamillionaire are among the first stars to have signed up for the app, with its content revolving around photos, videos, livestreams and audio chats. Now Fanbase is expanding beyond the US to three new countries: the UK, Australia and Canada.
As for the funding, Fanbase is in the process of closing its seed round on the StartEngine equity crowdfunding site, having raised nearly $3.2m so far from more than 4,700 investors.
Fanbase is also stressing that it’s not just for celebrities: any user can use its app to try to build an audience and make money. “Equity opportunity to users is a fundamental piece missing in every current social platform today,” said CEO Isaac Hayes III (yes, the son of…) in a statement.
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