Favorited has quickly become the top live streaming destination, growing 1000% month-over-month
The app generated $3.5M in the last week alone which it splits 70/30 with creators
Introducing Favorited: Redefining Live Streaming with a Creator-First Approach
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Riley Munks
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Meet Favorited, the fastest-growing live streaming platform. Backed by a16z Speedrun, Soma Capital, HF0, and leading entertainment and social media angels, the app has rapidly become the go-to platform for live streamers seeking better monetization and a more supportive environment than TikTok or Instagram. Unlike platforms where live streaming is an afterthought, Favorited is built from the ground up to be the ultimate live streaming destination, offering an unrivaled combination of community, monetization, and expressive freedom. The company has seen exponential growth in recent months, now with over 1.3 million total users and a 1000% growth in creator payments and active users month-over-month.
Favorited believes that live streaming is the most powerful avenue for connection between creators and fans, but it has long been overlooked by legacy social media companies. The company’s mission is to move past the era of doom-scrolling by creating a platform that enables synchronous, real-time interactions at scale.
At the core of that mission is Favorited’s commitment to supporting creators with industry-leading profit sharing, which gives creators 70% of revenue from the platform compared to the industry standard 50/50 split. Favorited’s core features are geared towards streamers with gamified gifts and leaderboards. This allows creators to monetize directly with their audience rather than depend on advertising revenue. The app also has a content moderation strategy that balances safety and respect with allowing creators to be themselves, based on their belief that over-censoring and restricting speech does not create the positive and inclusive community that today’s social media users crave.
“Creators are looking for a platform they can trust,” said Zach Ferraro, CEO and co-founder of Favorited. “We’re listening to creators and offering them a new way to connect with their audiences while generating consistent income. This platform is not for doomscrolling–it’s a place for real engagement.”
Favorited was co-founded by Zach Ferraro, an industry veteran with more than a decade of experience working across social platforms, influencer agencies, gaming, and other relevant fields. He teamed up with David Tesler, who previously created Sendit, a #1 app with 250 million users. They founded Favorited after constantly hearing live streaming creators issues with TikTok, Instagram, and other platforms. Now, a few months after introducing the gamified live streaming features, the app has taken off, and creators on Favorited have been gifted $3.5 million dollars in a single week.
“It’s the future of live streaming. I love the app and am ready for what’s to come next,” said Soulja Boy, an early adopter of the platform with 32.6M followers across all platforms.
A prominent TikTok live streamer, Jaysingz, stated "It means everything to stream on a platform that puts creators first.” About the profit split, he expanded, “On Favorited, I get a larger profit share, in the last month alone I’ve made over $40k streaming on the app. I’m excited to keep growing my community, knowing I’m supported every step of the way."
To learn more and download Favorited, please visit: https://www.favorited.com/
About Favorited
Favorited is the fastest growing live streaming platform in the world. Founded in 2023 by Zach Ferraro and David Tesler, the platform’s mission is to be the most creator-friendly social app. It does this by employing industry leading profit sharing, direct monetization, gamified gifts, leaderboard, and creator-centric rules. The company is backed by a16z Speedrun, Soma Capital, HF0, and leading entertainment and social media angels. Learn more at https://www.favorited.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250124821574/en/
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