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Google’s Area 120 Opens Up Fundo for Creators to Host Paid Virtual Events

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variety.com
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Todd Spangler NY Digital EditorArea 120, Google’s incubator division for experimental projects, has officially opened up Fundo — a platform for YouTubers and other creators to host paid, ticketed virtual experiences — to anyone in the U.S.

and Canada.Fundo has been in beta for the past year with a few hundred “trusted testers,” who can set the price for access to online events and control how many people can attend, says general manager John Gregg.

It’s a turnkey service, providing hosting features including video streaming, promotional tools, and payment-transaction processing.Google takes a 20% cut of revenue generated through Fundo. “We think that represents the value Fundo provides with the end-to-end platform,” says Gregg.

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