My take is that patreon and crowdfunded projects caused everyone with creative skill that used to just make shit and put it on the web for free to instead chase whatever they can get money for.
Even videogame modding has taken a turn for the worse as a result of this, with simple mods gated behind patreon or other platforms that would always have been free previously.
What used to be a maker culture of everyone doing shit and releasing shit became a grifter culture of everyone chasing various passive incomes for various projects they only initially put time and effort into that is all collected through patreon donors that have long forgotten their donation is still running.
Capital realised people were making stuff for free and it moved in to create a model where those people making stuff for free could be convinced to gate it for payments. The tinkerer culture of the internet died because of it.