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Ko-fi

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Ko-fi
Type of site
Crowdfunding donations platform
Available inEnglish
OwnerKo-fi Labs Ltd.
Created byNigel Pickles, Simon Ellington
Websiteko-fi.com
CommercialYes
RegistrationOptional
Users1,000,000+
LaunchedMay 18, 2011; 12 years ago (2011-05-18)[1]
Current status5479 Decrease Online[2]

Ko-fi is a crowdfunding platform allowing users to donate small amounts of money, primarily to content creators. Ko-fi does not process any payments by itself, but instead uses services like PayPal and Stripe.

History[edit]

Ko-fi.com's domain name was registered on May 15, 2011. The company announced it live on Twitter two days later. It started as a simple button link generator, where users entered a name and a PayPal email address, and donors could enter their name and a message. Donors' names and messages were then posted on Twitter as a promotion.

Ko-fi was fully rebranded in 2017 in helping creators facilitate in making their first one dollar on their platform.[3]

Business model[edit]

Ko-fi allows direct donations, monthly subscriptions and commissions to support registered users in what they do. Ko-fi does not take fees with the exception of the 5% fee for building membership, shop, and commission.[4]

While Ko-fi's blog system is generally free to the public, creators can paywall their content to be viewed for members only.

Ko-fi also has a subscription service called Ko-fi Gold. This subscription removes all fees, allows posting of exclusive content, obtain a Gold badge, and other benefits at the cost of $6 per month in an annual subscription.[5]

See also[edit]

  • Liberapay, a similar site focused on project developers and micro transactions.
  • Patreon, a related site focused on content creators and subscriptions.
  • Gumroad, a related site focused on buying online images
  • PayPal, Ko-fi's payment platform
  • Stripe, Ko-Fi's payment platform
  • Social facilitation

References[edit]

  1. "Ko-fi on Twitter". Twitter. 2011-05-18. Archived from the original on January 10, 2014. Unknown parameter |url-status= ignored (help)
  2. "Similarweb Rating". Retrieved 11 February 2023.
  3. "Ko-fi Review: Audience Monetization Platform for Creators". Retrieved 1 February 2023.
  4. "Buy Me A Coffee Vs Ko-Fi: Which Is Better To Add To A Blog?". Retrieved 1 February 2023.
  5. "Buy Me A Coffee Vs Ko-Fi: Which Is Better To Add To A Blog?". Retrieved 1 February 2023.

External links[edit]



This article "Ko-fi" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Ko-fi. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.