Black Dollar Magazine

BLACK DOLLAR MAGAZINE

For Black entrepreneurs, creatives, decision-makers and executives

Sign up for FREE BDM newsletter
     

Black-owned social media app Fanbase offering TikTok migration following ban on government-issued devices

The platform allows users to monetize their content via subscription for $4.99 a month. Account owners receive $1 in kind for every 100 'loves' a post receives.

Black-owned social media app Fanbase offering TikTok migration following ban on government-issued devices
A screenshot of Fanbase's website. The platform allows users to monetize their content via subscription for $4.99 a month. Founder Isaac Hayes III is encouraging TikTok users to migrate their account to its platform amid government bans of the Chinese-owned social media app. JORDAN MAXWELL SCREENSHOT

As regional and national governments move to ban TikTok from all its issued devices, Fanbase, a Black-owned social media platform, has announced that content creators can now import their accounts to its service.

The platform allows users to monetize their content via subscription for $4.99 a month. Offering their audiences exclusive access to images, audio chat rooms and short-form content, such as podcasts, docuseries, movies, and more, it’s one of the first Black-owned platforms to offer an alternative path to get paid from online views.

According to Fanbase's website, account owners receive $1 in kind for every 100 'loves' a post receives.

“Oftentimes, marginalized groups do not have the opportunity to profit off the platforms that they make popular and as a Black-founded company, we want to give the world the opportunity to grow with us. Fanbase has even received the honour of having the highest-raised capital on the platform and is looking to bring the frontier of content monetization to you, the user,” the company noted in a statement.

You can see the instructions to migrate your TikTok account to Fanbase here.

Black social media creators breaking barriers

The statement from Fanbase underscores an opportunity for Black-owned social media platforms to position themselves as alternatives to TikTok.

Isaac Hayes III, son of the legendary Black soul singer of the same name, founded the company in 2019 and raised over $6.5 million on the crowdfunding platform Start Engine.

Since then, it has secured investments from Snoop Dogg, Charlamagne Tha God, Kandi Burruss and Roland Martin, according to Moguldom.

Creators from all groups are encouraged to sign up, a statement reads. While emphasizing the importance of supporting Black businesses, Fanbase caters to all groups — it’s Black-owned, not Black-only.

And Fanbase is not the only Black-owned social media platform stepping up to the plate.

Frequency People, a Black-owned social media app that allows users to curate online communities, has positioned itself similarly.

“We've been doing social media the same way for way too long. It's time that users get access to more control over the content they create, the conversations they have and the communities they want to build,” York said in a recent statement.

Canada, U.S., European Union among those cracking down

TikTok, a Chinese company owned by ByteDance, is facing increased pressure from lawmakers in Canada, the U.S., and Europe. Several countries have opted to ban the app for fear its data is being collected and monitored by the Chinese government.

India, Taiwan, Pakistan, and Afghanistan are included, according to the Associated Press.

Last week, the Toronto city council and the Ontario provincial government joined the federal government in banning employees from using the short-form video app until further notice.

City councils in Windsor, Ont. and Ottawa did the same. Many municipalities are expected to follow in the coming weeks.