About the 1st of the Month
Added 2018-06-29 18:56:35 +0000 UTCBloodworth here,
With 500 new patrons and the fact that we're currently above our $50,000 goal, there are a lot of you who are watching the Patreon numbers for the first time or more closely than ever before. So I want to provide some context so you know what to expect when the 1st of the month rolls around. Everyone on our Patreon gets charged on the 1st of the month, and logistically, that results in a lot of big fluctuations in the displayed number of patrons and pledges.
As Patreon prepares to make charges, payments and fees get recalculated, and for a few hours, you may see the number jump up or down by extreme amounts. This isn't a matter of anyone dropping or changing pledges, it's simply the math updating behind the scenes which can result in somewhat sudden and sporadic changes.
Pledges are locked in at the 1st of the month, and when you're charged, you can expect to receive an e-mail thanking you for your contribution. These charges roll out over the course of a full day. Some months they begin earlier, other months they start later in the day.
However, when Patreon attempts to make charges, many pledges may be declined for various reasons such as a bank's fraud detection systems, insufficient funds, or simply an expired date or typo on a credit card number. When a pledge is declined, Patreon will send that person an e-mail asking them to correct their payment information. As soon as that correction is made, it's added back into the pool of pledges. Keep an eye out for that message to verify whether your pledge went through or if you need to make corrections.
The public facing result of these declines is that the Patreon numbers appear to take a sharp drop of several thousand dollars. You'll see the numbers dip temporarily with declines, then bounce back up as payments are corrected.
The important thing to note here is that Patreon allows several days for these corrections to be made, and doesn't issue our payout until roughly the 5th or 6th of the month. It's this amount which ultimately tells us whether or not we've hit a specific goal. For those worried about people trying to game the system, backing out, or not updating their pledges, there's little need to worry as 99.5% - 99.8% of pledges eventually go through, and we only ever see a handful identified as fraud.
Long story short, all of these factors combined make the public facing numbers nearly useless for the first few days of each month, and particularly on the 1st. If you ever want to track them and compare to past months check out the daily graph at https://graphtreon.com/creator/EasyAllies
If you have any further questions, feel free to ask, and thanks for your support.
-Bloodworth
Comments
I didn't get everyone, but I did send a number of messages out to individuals today. -Bloodworth
Easy Allies
2018-07-04 03:03:03 +0000 UTCShould the allies remind patrons on twitter or on stream to maybe check their email in case their payment didn't go through?
2018-07-04 01:13:59 +0000 UTCI am getting nervous.
Snowcone Guy
2018-07-03 11:21:59 +0000 UTC*crosses fingers* I went up to 5$ instead of 1$. Go studio go!!!! (I know it's not much from my part, but I'm still cheering on for the magical number to be passed once all is said and done :P)
chocolate_prophet
2018-07-03 02:03:51 +0000 UTCI like this general sentiment, but remember that going in on the studio is a gamble. For us, it's no big deal either way. For them, it's literally their livelihood that they are gambling with. Caution seems fair.
Fluffhead108
2018-07-02 12:59:23 +0000 UTCman, i can't help but feel super disappointed. for some reason, everyone has seemed so super adamant about not getting a studio until they're over 50k for a couple months in a row to make sure. it's like, if you just took the risk and got the studio, you could grow the channel on youtube and twitch and attract more patrons because the production values would be so much higher and more palatable for people that aren't primarily here for the personalities. i just wish they'd go for it already. let's make this thing huge guys. so many people back you for so much money, and we just donated for the better stuff before e3 stream. we're all voting with our wallets. please listen.
rrice64
2018-07-02 08:40:50 +0000 UTCI still have hope a bunch of cards will be rerun!
Tyler Travis
2018-07-02 04:14:57 +0000 UTCSeeing the number drop so much is still very sad...49118...
Dai Nguyen
2018-07-02 04:02:31 +0000 UTCGreat expectation management!
2018-07-01 21:17:58 +0000 UTCI know it is only the 1st so we are in the depths of the dip. But right now it is a 49,972 which would be missing it by 28$ which would be heart breaking. watching with anticipation to see where it settles :)
Sarah Wampler
2018-07-01 20:57:12 +0000 UTCWake up, wake up, wake up it's the 1st of tha month To get up, get up, get up so cash your checks and get up...
Tokyo Slim
2018-06-30 22:34:07 +0000 UTCAbout "The 1st of the Month": It was the first single by the Cleveland based rap group Bone Thugz N Harmony off their 1995 album 'E 1999 Eternal'. It was certified Gold by the RIAA for sales of 500,000 copies. It peaked at #12 on the Billboard Hot 100, becoming their first top twenty single, and later was nominated for a Grammy Award in 1996. The title is a reference to when welfare checks are paid out.
Tokyo Slim
2018-06-30 22:33:14 +0000 UTCA new stretch goal would be nice. Like hiring a dedicated video editor or social media manager.
Snowcone Guy
2018-06-30 22:31:23 +0000 UTCI'm very glad you guys understand that getting to the goal and making sure it's actually achieved is super important. I could see many other groups get the Studio goal, and suddenly make a ton of preparations and make hasty agreements and payments. Don't worry about rushing to get the studio, even if it takes another few months (or more) to get one, by all means give it the time you need.
2018-06-30 19:26:13 +0000 UTCGreat, informative post! I wasn't aware they delayed it to allow for corrections, makes a lot of sense. Thanks for the info Bloodworth!
2018-06-30 18:53:19 +0000 UTCBloodworth is king as always.
Sonny Laguna
2018-06-30 17:46:21 +0000 UTCThat chart is very useful. It shows that the recent gains aren't only about a near-E3 surge and/or huge donors. There's been a consistent increase since April 19th when it went up by $1,287 and 47 patrons in one day, then $1,204 and 166 (!) patrons the next day.
TurboChickenMan
2018-06-30 16:32:13 +0000 UTCThanks for this explanation Blood, Easy Allies doing so great well done to you all. L&R
Rich J
2018-06-30 13:07:09 +0000 UTCThank You for being transparent. This is great.
Mikehook1
2018-06-30 11:16:10 +0000 UTCAn absolutely stunning effort from all of you throughout the month of June. You deserve this success. Look at the skyrocketing patron count, and all the new subscribers on YouTube. The future is very bright.
Harrison Bergeron
2018-06-30 10:41:45 +0000 UTCThank you Bloodworth! Your explanation is timely, and super clear with exactly the right amount of all the pertinent info!!
2018-06-30 09:28:22 +0000 UTCGreat explanation, Blood! Great heads up for everyone who doesn't know!
LukeW
2018-06-30 05:49:30 +0000 UTCThanks for the work! L&R
2018-06-30 02:00:10 +0000 UTCEvery time I read something from Bloodworth my head chooses to do this in his voice. Well structured information down to the core of the matter. Cheers!
2018-06-30 01:40:36 +0000 UTCIts cool seeing the graphs. Thanks Blood!
Tokyo Slim
2018-06-30 00:42:08 +0000 UTCStill not in the top Games category! Patreon is messing up.
VGJunky
2018-06-29 23:33:57 +0000 UTCI've said it once and I say it again: "We are born of the blood, made men by the blood, undone by the blood; Fear the old blood!" I guess what I mean by that is: Good work blood!
Johannes Bretz
2018-06-29 23:03:09 +0000 UTCThis post was a good idea. Great work, Blood!
Parasitepaladin
2018-06-29 22:20:17 +0000 UTC+1
Justin Greene
2018-06-29 21:56:48 +0000 UTCThanks for getting out in front of this and being forthcoming and transparent!!
Alec Church
2018-06-29 21:50:46 +0000 UTCLove ye Blood, and everyone else of course!
2018-06-29 21:44:53 +0000 UTCThanks for linking to Graphtreon Blood! Big fan of EZA (am a patron on my personal account), can't wait for the studio. Looking at the history of EZA's patreon and comparing to stats of other campaigns, I think EZA will come out of the payment day above $50K, unless one of your big contributors leave. L&R
Graphtreon
2018-06-29 21:04:49 +0000 UTCWow! #18 on all of Patreon!! L&R
Tyler Travis
2018-06-29 21:04:13 +0000 UTCI really appreciate the transparency Blood! The longtimers already know about this stuff but it's good to keep everyone informed, especially since there's a lot of new Patrons. Welcome everyone and Blood, for this great bit of information I shall give you a score of 7.8. L&R!
Stefan Vlemmix
2018-06-29 20:57:54 +0000 UTCGood info Blood.
Olf Himself
2018-06-29 20:57:10 +0000 UTCI really don't get the hate on Damiani. Yes he's a bit different than the other Allies but that's what makes this group so fun. Everyone is 100% his own. Damiani can be a troll every now and then but who cares. I usually get irritated pretty fast by certain behouviour but Damiani doesn't bother my one bit.
Stefan Vlemmix
2018-06-29 20:54:03 +0000 UTCSo when is the Damiani guide on "how to be a better person" coming out? is that the 55k goal?
FreeDoM
2018-06-29 20:45:04 +0000 UTCAs always, thanks for the transparency. L&R
Ryan Hegarty
2018-06-29 20:36:00 +0000 UTCGot my molotovs ready
Ehie Yovach
2018-06-29 20:35:13 +0000 UTCVery thoughtful of you to post this, specially now that many people just joined and are not aware that these dips are common and the few days are no indicative of the final number. I hope we can all celebrate on the 5th at the community showcase.
CΓ©sar Villa
2018-06-29 20:34:20 +0000 UTCGreat job getting ahead of this issue Blood, there are a lot of new people who might not know the ins and outs of Patreon billing so it's good to know you're all over it.
Brandon Robinson
2018-06-29 20:29:31 +0000 UTCAnd for that reason, I'm IN for this upcoming emotional roller coaster.
iconmaster
2018-06-29 20:26:51 +0000 UTCMy brain is trying to convince me that watching patreon numbers at the first of the month is an event I can't miss. And I think it's winning...
Michael Stevens
2018-06-29 20:19:08 +0000 UTC10/10 communication as always
Michael Miller
2018-06-29 19:49:52 +0000 UTCGreat info Blood ! Thanks !
Randy Verschueren
2018-06-29 19:44:04 +0000 UTCIf you like the graphetron info (I have become obsessed) know it is also patreon funded. They only have a handful of supporters at this time
Sarah Wampler
2018-06-29 19:42:21 +0000 UTCTldr everybody freak out and riot!
VGJunky
2018-06-29 19:36:09 +0000 UTCthe excitement is palpable
RanchoCucamunga
2018-06-29 19:31:04 +0000 UTCLet's hope you get 100% !
2018-06-29 19:23:58 +0000 UTCThank you for info))
2018-06-29 19:16:46 +0000 UTCAppreciate the info!
Jeremy Ferris
2018-06-29 19:13:15 +0000 UTCI really love the transparency you guys have. I hate seeing channels hide their numbers but you actually tell us to check graphtreon! You're the hardest working group of people in video games and it shows.
Kris Fredrick
2018-06-29 19:11:27 +0000 UTCThis is a great post. L&R Blood!
Jacob Culhane
2018-06-29 19:09:58 +0000 UTCThat year-to-date growth in the Graphtreon though... *chef kiss*
Daniel Matos
2018-06-29 19:08:18 +0000 UTCThis is really interesting info, and given in your usual concise, clear way. Thank you, Blood!
Trey Thompson
2018-06-29 19:07:41 +0000 UTCVery concise and informative, Blood.
UziSuicide666
2018-06-29 19:06:47 +0000 UTCGreat FYI
Cloisterance
2018-06-29 19:06:41 +0000 UTCThank YOU for the post and explanation! Due to a card mishap, for the first time ever, I had a charge fail. I was able to get it corrected incredibly quickly and was able to get in before the 5th for the very reasons you've stated here. I now will no longer have the issue for several years AT LEAST. But more importantly, thanks for the graph link! I love seeing the overall growth EZA has experienced and it shows just how the outset of Year 3 of EZA is the most important moment to date.
Brandon K Gann
2018-06-29 19:06:32 +0000 UTCThanks for the update. My card was about to expired. Changed it to PayPal now. Ready for July 1st
Mhee12
2018-06-29 19:03:44 +0000 UTCThanks for the clarification
Joseph Field
2018-06-29 19:03:32 +0000 UTCGreat post, I think everyone has been confused by this at some point.
Aaron Kirk - Kurxx
2018-06-29 19:01:50 +0000 UTC