How does Discord make money?

Discord makes money from premium subscriptions, fees from game sales and memberships, as well as server boosting. Discord has relied on a freemium model to grow its business. This means that the core platform is free to use.

Is Discord making a profit?

Meanwhile, Discord does not appear to be wildly profitable. That's partly by design. The company relies mostly on optional premium subscriptions (the majority of features are available free) and has eschewed potentially more lucrative opportunities to sell ads or user data.

How does Discord earns?

Subscription fees from Discord Nitro Classic and Discord Nitro. Sales from e-commerce platform. Distribution fees from the Discord Store. Various rounds of funding and investment.

How much profit did Discord make?

Discord revenue was estimated at over $200 million in 2021, up from $130 million in 2020. Users spend at least 280 minutes on the platform every month. The platform processes 4 billion minutes of conversations and 850 million messages exchanges every day.

Why did Discord charge $1?

We may place a temporary hold for a small amount (less than one U.S. dollar) on your payment method when you make a purchase or activate a trial/promotion subscription. This is to help Discord confirm the payment method works as expected and to prevent the use of fraudulent payment methods.

How DISCORD make MONEY and does it AFFECT YOU?

Who owns the most of Discord?

The platform is owned by Discord Inc. and is the brainchild of Jason Citron and Stanislav Vishnevskiy. Discord Inc. is a privately held company with the co-founders likely to be majority owners.

What percentage does Discord take?

SEE ALSO: What is Discord, the popular community chat app? Discord says it will take 10 percent of the membership revenue, leaving 90 percent for creators, although that can change later depending on how the trial run goes.

How much does Discord cost to run?

Discord is free, but there is a paid plan known as Discord Nitro, as well as a more affordable version called Discord Nitro Classic. Nitro costs $9.99 per month, or $99.99 per year, whereas Nitro Classic is $4.99 per month or $49.99 per year.

Is Discord losing popularity?

Even with the failure of the storefront, Discord remains in a healthy position. Usage has catapulted during the COVID-19 lockdown, it recently announced over 100 million MAUs and a new peak of 10.6 million concurrent users.

How rich is the owner of Discord?

Discord has a worth of $15 billion with over 750 employees. You can compare this vast number with the average median salary, living costs, and minimal asset information. All of these combined ensure that the net worth range between $1.8 million to $3 million seems legit for the CEO of Discord.

Do Discord partners get paid?

Discord pays operating partners $45 an hour, on average.

Does Discord sell data?

We don't sell your personal information.

Our business is based on subscriptions and paid products, not from selling your personal information to third parties.

What is the point of Discord?

Discord is a free communications app that lets you share voice, video, and text chat with friends, game communities, and developers. It has hundreds of millions of users, making it one of the most popular ways to connect with people online.

Where does Discord make most of its money?

Subscriptions. By far the largest portion of Discord's revenue is derived from the premium subscription it offers. Dubbed Nitro, the plan either costs $9.99 per month or $99.99 per year. An alternative version, called Nitro Classic, is available for $4.99 per month or $49.99 per year, respectively.

What percentage of Americans use Discord?

Discord is popular around the world, but is banned in China. The country in which Discord is the most popular is the United States, where 30.26% of Discord users are. Discord's second highest use comes from Canada, with 5.35% of its users.

Why does Discord cost money?

Does Discord cost money? Discord is free to use, though it does offer a subscription service that expands file upload sizes and the kinds of emoji people can send.

Who is Discord target audience?

As of May 2022, users between the ages of 25 to 34 years accounted for the biggest share of Discord.com users worldwide, making up over 42 percent of the platform's audience. Younger users between 16 and 24 years made up 22.2 percent of the Discord user base.

What is the $9.99 Discord charge?

You get a variety of features with Discord Nitro, including animated emojis, HD video streaming, server boosts, and more. Discord Nitro is available in two tiers — Nitro and Nitro Classic. Discord Nitro costs $9.99 per month and $99.99 per year.

Why is Discord called Discord?

The name Discord was chosen because it "sounds cool and has to do with talking", was easy to say, spell, remember, and was available for trademark and website. In addition, "Discord in the gaming community" was the problem they wished to solve.

Can I be anonymous on Discord?

Discord is not an anonymous platform.

Users are identified by their username, which is chosen by the user, followed by a "#" and a four-digit number, known as their Discord tag.

Who are the funders of Discord?

Discord is funded by 31 investors. Arcane Group and Flat Capital are the most recent investors. Discord has acquired 3 organizations. Their most recent acquisition was Gas on Jan 17, 2023 .

Who sued Discord?

The Social Media Victims Law Center has filed a lawsuit against Roblox and Discord for their role in facilitating the exploitation of a minor who believed Discord's “keep me safe” setting would protect her from predators.

What are the concerns with Discord?

Common Sense Media also recommends that Discord users be at least 13 due to its open chat. Because it's all user-generated, there's the potential for plenty of inappropriate content, like swearing and graphic language and images (though it's entirely possible to belong to a group that forbids these).