Youtube has announced a number of changes. The most important one to highlight is the fact that the company will start a crowdfunding system called “Fan Funding”.
The system is in the test phase at the moment, video creators can apply here to take part in the test.
Crowdfunding has been an increasingly popular way to raise money for projects and products. Kickstarter, Patreon and Indiegogo have all made some innovative products and projects possible.
Pepple smartwatch raised over $10 million on Kickstarter for example, the highest amount raised through Crowdfunding to date.
With YouTube users will be able to donate as much as $500 and we are sure the first million dollar funded project will make rounds soon. YouTube will receive a 5% commission of funded projects.
The company also announced a new weekly radio show with YouTube star Jenna Markbles.
Last but not least the company said it will support 60fps videos.