What happened with the Web Monetization API?
chriscoyier.net
What happened with the Web Monetization API?
1–10 of 271 posts
Re: What happened with the Web Monetization API?
#2I think another interesting development related to this space is GNU Taler[0], which has gotten EU and NLnet grants, and could probably hook into these APIs.
Re: What happened with the Web Monetization API?
#3> Decoupling the Web Payments API and crypto is certainly the right move right now.
As much as in the past I wanted cryptocurrency to succeed, I agree.
Re: What happened with the Web Monetization API?
#4I remember Brave introducing BAT tokens that you could earn for seeing ads and then donate to other websites and content creators. How did that experiment end up? Was it just a crypto hype thing?
Re: What happened with the Web Monetization API?
#5> It needs to be built into the browsers and web standards such that it’s incredibly smooth and fast. I wanna send $1 to a website, it happens instantly and anonymously, and the developer can do things around this. Like unlock features! For instance, stop showing ads, offer more complete downloads, unlock tutorial courses, etc. Make it easier and faster than using a credit card.
Are there any promising avenues towards microtransactions that gets around small card transactions getting a hefty fee? Or an approach that doesn't require one company to have a monopoly over it?
I'm really curious how the internet would change if there was a fast and easy way for site visitors to give something like $0.10 to unlock content or just to say thanks.
Re: What happened with the Web Monetization API?
#6On the non-crypto web-monetization side, I'm toying with a non-profit idea in the same vein but using third party tooling (browser extension, etc...)
website: https://lagom.org whitepaper: https://lagom.org/docs/lagom-whitepaper.pdf
Re: What happened with the Web Monetization API?
#7> It needs to be built into the browsers and web standards such that it’s incredibly smooth and fast. I wanna send $1 to a website, it happens instantly and anonymously, and the developer can do things around this. Like unlock features! For instance, stop showing ads, offer more complete downloads, unlock tutorial courses, etc. Make it easier and faster than using a credit card. Are there any promising avenues toward…
> Are there any promising avenues towards microtransactions that gets around small card transactions getting a hefty fee
This is anathema here in the US but the rest of the world typically does not use credit cards as the default payment method.
Re: What happened with the Web Monetization API?
#8The problems with monetization and micropayments are not technical and no easy-to-use API is going to help with adoption.
Dealing with money is a real pain due to fraud, security, and legal compliance and those problems don't go away when the amounts are small.
Re: What happened with the Web Monetization API?
#9> It needs to be built into the browsers and web standards such that it’s incredibly smooth and fast. I wanna send $1 to a website, it happens instantly and anonymously, and the developer can do things around this. Like unlock features! For instance, stop showing ads, offer more complete downloads, unlock tutorial courses, etc. Make it easier and faster than using a credit card. Are there any promising avenues toward…
> Are there any promising avenues towards microtransactions that gets around small card transactions getting a hefty fee
One option is to have regulations about card fees, which is the case in the EU (0.2% for debit, 0.3% for credit).
Another is to use an alternative payment method, like India's UPI or Eurozone's SEPA which are free and instantaneous.
Re: What happened with the Web Monetization API?
#10The problems with monetization and micropayments are not technical and no easy-to-use API is going to help with adoption. Dealing with money is a real pain due to fraud, security, and legal compliance and those problems don't go away when the amounts are small.
Even those are solvable problems, the real issue is social. There's a reason Flattr failed and Patreon has been a huge success. People would rather personally support a handful of creators at $5/month than put the equivalent money in a tip jar at a bunch of faceless websites.