it supports videos and articles and prioritizes creator compensation as FAQ says

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Yea, seems more like patreon/substack

more like Highlighter. As Highlighter is very patrion-like and it supports both articles and videos.

Ah I see, wasn't aware highlighter did that. Thought it was like a notepad / Evernote type thing only. I suppose (it seems at least) Letr is focusing on a wider audience maybe(?)