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Area 120, an experimental product lab within Google, has been developing a new monetization tool for YouTube creators that appears to be gaining steam.
The product is called Fundo, and it allows creators to invite fans to virtual meet-and-greets and other online events for a fee. For instance, Roblox creator KreekCraft (753,000 subscribers) has used the service to host live video chats with subscribers and he sold tickets to the online event for $10 apiece.
A website for Fundo (https://fundo.area120.com/) — which comprises a video chat functionality, payments service, and a queue system to ensure that virtual meetings stay exclusive, according to Variety — is currently live, stating that the project is in beta and inviting interested creators to touch base with the team. A Google spokesperson confirmed the test. “One of the many projects that we’re working on within Area 120 is Fundo, an audience engagement and monetization platform for YouTube creators,” the spokesperson said. “Like other projects within Area 120, it’s a very early experiment so there aren’t many details to share right now.”
Sources:
Google Testing Monetization Tool That Would Enable YouTubers To Host Virtual Events With Fans - Tubefilter
Area 120, an experimental product lab within Google, has been quietly developing a new monetization tool for YouTube creators that appears to be gaining steam. The events-centric product is called Fundo, Variety reports, and would allow creators to invite fans to virtual meet-and-greet sessions...
www.tubefilter.com
Google’s Area 120 Is Testing Fundo, a Crowdfunding Service for Creators (EXCLUSIVE)
The company is using its Area 120 subsidiary to test a new crowdfunding service.
variety.com
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Looks pretty cool! Thoughts?