BackedBy is collection of smart contracts that lets creators post exclusive content to subscribers to pay a monthly membership fee to access your content. The difference is that you have complete ownership over your platform. We’re serious: you own the platform on the blockchain the same way you own cryptocurrency that’s in your wallet. Payment processing and content hosting is powered by the immutability and security of web3.
You make more money on BackedBy and you can’t be canceled. Do you need more of a reason?
We even made it easy for you to repost your content from other platforms to your BackedBy project page.
If you want to build an online following and monetize it, your current options are a mixed bag. The most recognizable platforms people use to upload their content have a ton of roadblocks that make it difficult for newcomers to make money. At the same time, constantly changing rules that are arbitrarily enforced means there’s no guarantee your content will be shared or supported in the future. Simply put— unless you literally own your platform, it can be taken away from you at any time, for any reason, with little to no options for you to get it back. Using the BackedBy protocol keeps you safe from demonetization or deplatforming.
BackedBy is a protocol. It’s a set of immutable smart contracts on the blockchain that cannot be reversed or updated. Your projects cannot be deleted or altered except by you. Your subscribers cannot be canceled or removed except by them. If you want to read more about the power of the blockchain as it pertains to censorship, click here.
You put USDC in your wallet (a secure and reliable stable coin that maps 1:1 with the US Dollar), you subscribe to a creator, and enough USDC is automatically withdrawn from your wallet every month until you cancel your subscription. Works just like your debit card. The only difference is, more of your money goes to the creators you want to support!
You own your data. All of the data related to your profile and your BackedBy project is stored in decentralized smart contracts and on the Inter Planetary File System. If the backed.by website goes down, your content and subscriptions will still exist in those places.
We do not store any password information because there are no passwords in Web3; your wallet verifies your account ownership using asymmetric private/public key encryption. Likewise, paying subscribers gain privileged access to your posts with their verified wallets.
You can give us your email if you want, but you don’t have to!
No. The experience for both you and your subscribers will be very similar to other apps you’ve used online–simple and easy to use. If you need some help getting started, check out our guides to learn more.
Creators build platforms. Not tech companies. We want to reward early creators on BackedBy for their trust and promotional efforts by giving them a share of ownership in the platform. Click here for more information.
Stable Coin. USDC, USDT, or DAI.
All subscriptions on BackedBy are paid in stable coins. USDT, USDC, and DAI. These three stable coins are pegged to the US Dollar and have a long-standing track record of retaining their value. They can be swapped for dollars and vice versa all over the world. On many exchanges, Coinbase for example, you can convert fiat US Dollars from your bank account to USDC in your wallet and vice versa.