Yeah I don’t understand their business model, there is a cost to process a payment so even if I give someone $100 the credit card company and payment processors will take a cut.

Now there is a difference between a platform that takes 15-30% cut and <5% but I really don’t see how they’ll be able to operate.

And this ofc goes beyond the fact as you mentioned that the big players can simply kill this by having a similar policy especially for smaller creators.

The only purpose of clubhouse that I can think off is if that’s exactly their plan in the first place.

The only other thing I can think off is if they’ll offer a content discovery platform and then charge creators to promote their content on the system but that’s arguably a worse off deal for creators since they’ll have to put in money upfront without any guarantee of returns.