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I know that Peertube doesn't have any built-in monetization right now, so they would probably be relying on viewer charity to make money on some platforms.
Some do but it's an agreement with their uploaders and the instance owners.
Interesting. I know that most Fediverse stuff doesn't allow ads on the platform, so do the creators just get a cut of any money donated to the instance?
Yep!
Yeah not happening, I have like 300 channels on my subscriptions.