Ironically, this feature was used by Facebook CEO Mark Zuckerberg to announce that his social media company is also working on features to compete in the real-time audio market. "This is making it so it's easy to find your interest groups and find activities that are happening," Discord COO Mak Azadi told CNBC.Īlthough Discord has always had audio features that allow users to chat in real time, the company recently introduced Stage Channels, which are a type of audio room where a handful of users can talk while many other users just listen. With Stage Discovery, Discord is taking its first steps to help users find communities they may want to join.
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Facebook has also announced plans to launch a similar product this summer.ĭiscord was launched in 2015 as a chat service specifically for video gamers, but since then, more users have begun to adopt the popular app for other interests, such as TV shows, fantasy sports and geographic regions. Typically, users join Discord when they receive an invite to a specific server form someone they already know. It's also similar to Spaces, a feature Twitter began testing in November and launched this month that shows users audio conversations at the top of the company's mobile app. + As of February 2021, Discord is the 4th most popular platform for video game streaming.This feature will launch in early June and is similar to Clubhouse, a start-up that quickly gained popularity in 2020 among venture capitalists, which presents audio conversations to users in a feed. + As of October 2020, 3 percent of US teenagers thinks that Discord is their favorite platform. + There are 19 million active Discord servers per week and Discord servers host 4 billion minutes of conversations daily. + As of January 2021, an average Discord user in the United States spends 280.6 minutes per month on the platform, which equates to about 5 hours per month or 9 minutes per day. + Discord has raised $983.8 million so far, including its most recent $500 million funding in September 2021. + Discord valuation reached $15 billion after raising $500 million in funding in September 2021. + Between May 2017 and June 2020, Discord increased its registered user number from 45 million to 300 million. + Discord reported 150 million monthly active users as of September 2021. + Discord generated $45 million in revenue in 2019 which grew by 188.9% to $130 million in 2020 as people turned to social platforms more so as not to lose contact with family and friends during the ongoing Coronavirus pandemic. + According to a survey of Discord users conducted during the fourth quarter of 2021, over 60 percent of respondents reported being interested in technology, and almost the same amount of respondents reported being interested in gaming. + As of July 2022, approximately 60% of all Discord’s mobile in-app revenues are generated from the United States, followed by the United Kingdom and Canada.
These features include HD quality video streams, larger file upload size, and personalized avatars and stickers.ĭiscord Nitro costs $9.99 per month or $99.99 per year. Loyal Discord users who chat and stream 24/7 on the platform may want to consider Discord Nitro, which comes with upgraded features for an enhanced user experience. Its main revenue stream is Discord Nitro with its premium subscription. 90% of every game sold goes back to the developers and Discord gets 10%. Discord introduced a Developer Portal where game developers can develop their own games and distribute them exclusively on Discord. Other sources of income include server buffs and fees for games sold on its servers.
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This means that the platform is free for anyone to download and use, but an additional premium subscription is available. Discord – Company Overview Headquarter: San Francisco, CAĪpp Store: Store Link How Does Discord Make Money?ĭiscord operates on a ‘freemium’ business model.
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