This blog post may contain references to products or services from one or more of our advertisers or partners. We may receive compensation when you click on links to those products or services.
What is Discord?
Discord is a chat service. People can use voice or text, one on one or in groups. The app has been aimed at gamers primarily, but many people also use it for day to day chat. People say that is is very similar to Slack, another chat service popular with small business. They have taken ideas from a combination of other chat services, streamlined them and made the whole experience much simpler and easier for the end user. Commonly people will say that it is a lighter program than Skype or other popular communication applications. In addition, it works on all popular available platforms and the app and services are free to use.
Become an Insider
How Does Discord Make Money
Discord is a fairly new company, it was fortunate to start off with some pretty decent coffers. They are currently implementing a new subscription pack a new way to make money called Discord Nitro. It is a set of what they call extra perks, that will make you look super stylish. They are selling it as a way to thank or contribute to all that the application has to offer its users. Nitro will allow users to upload Gif avatars, they will have access to special emoticons, increased file upload size and they will be given a badge to show that they are a Nitro user. The cost is $4.99 per month or $49.99 per year, the group surmises that this should make money for the time being.
Discord now has a partnership with Spotify, this feature allows a user to stream music to their chat friends on the application. It works internally so the music streams to another person through a Spotify application within Discord, rather than just through the audio feed. A feature like this is unique and offers listeners control over the music separate to that of the chat they are currently in. They also are constantly updating and pushing updates out to users.
When they send emails out to users they include a fun fact about gaming or the company at the bottom of the email. In one email they revealed that they named their logo Clyde. they have about 80 employees and has raised $70 million in funding. The average number of users is 14 million per day.
Discord, like so many other companies, came about to solve the problem of playing a game that the founders had developed under Hammer & Chisel. They found that many available chat or VoIP services were either too invasive or resource demanding and this is how the new company was born.
Editorial Disclaimer: The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone
The content of this website is for informational purposes only and does not represent investment advice, or an offer or solicitation to buy or sell any security, investment, or product. Investors are encouraged to do their own due diligence, and, if necessary, consult professional advising before making any investment decisions. Investing involves a high degree of risk, and financial losses may occur.