Review: Liberapay

5 stars
Best crowdfunding platform with the lowest fees

Liberapay is a platform for recurrent donations to creators and other individuals or organisations worth supporting. Sign-up, loading money and setting up your recurrent donations is straight-forward, so that you really have no excuse not to support your favorite creators.

Contrary to its commercial counterparts (such as Patreon), Liberapay is a non-profit, its code is open source and it does not take a cut (except for payment fees) from the money flowing between donors and recipients. Payment fees are kept low by offering SEPA bank transfers in addition to credit card payments. This means that significantly more of your money will actually reach the intended recipient instead of paying for the profits of venture capital investors.

The only potential downside is that Liberapay is strictly a donations platform: you cannot provide “perks” to your supporters as is possible with Patreon and others. The reason for this is that this way you are really receiving donations and not providing a service, which I guess might make things easier depending on your countries’ laws (e.g. regarding taxes, social security, and/or liability).