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YouTube is Experimenting with a New Crowfunding Service called ‘Fundo’

YouTube Fundo crowfunding

Google is reportedly testing out a new crowdfunding service called “Fundo,” which came out of Area 120, its internal experimental incubator…

Google is reportedly working on a new events-centric crowdfunding service called “Fundo,” according to Variety. The feature was first created in Area 120, an experimental section inside Google.

YouTube Fundo Crowdfunding Service Testing Started

The new Fundo effort gives creators the ability to set-up meet and greet events online, along with other events. Fans pay for access and several YouTubers have already been using the feature to schedule small online get togethers and live conversations with subscribers.

YouTube personalities Jessi Vee and Key Riqué have both used the option. KreekCraft did the same, selling tickets for $10 for an internet meet and greet. Meanwhile, Hannah Forcier, a style YouTuber, held a photo booth session with her fans at $40 per person for one-on-one conversations and three pictures.

For those who are not familiar with Area 120, it’s a part of Google which allows employees to develop products and services on their own time. Not many make their way out into the public. But, if approved, Googlers can work on their side projects, though it’s not guaranteed to receive any promotion and/or distribution.

Google has reportedly already filed a trademark application for Fundo.

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