Patreon to explore expansion into crypto realm

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Patreon executives again teased their company’s expansion into the world of crypto at a 2021 Creator Economy Summit by The Information panel. Patreon CEO Jack Conte appeared with chief product officer Julian Gutman, saying:

“I really love the idea of creators owning their media and owning their content. […] I love the idea of shifting power away from institutions and toward individual creative people.”

Conte noted that while the platform doesn’t currently have full-time employees focused on cryptocurrency, it was considering hiring them. Gutman went on to say, “I think for us, really thinking through how we’re continuing to ensure we’re creating a sustainable recurring future for creators is why we’re evaluating the crypto space more broadly

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