This has been my biggest struggle so far. Most people don't seem to understand what it is; not to mention web monetization is a fairly confusing term because most people think it just means "any form of micro-transactions on the web".
So far, I've had the best luck referring to it as the "Spotify payment model for the web". Where I explain that you pay a set subscription to Coil per month, and in turn Coil pays the creators based on how long you use their site. It's not completely accurate, but it clears up the confusion for most people.
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This has been my biggest struggle so far. Most people don't seem to understand what it is; not to mention web monetization is a fairly confusing term because most people think it just means "any form of micro-transactions on the web".
So far, I've had the best luck referring to it as the "Spotify payment model for the web". Where I explain that you pay a set subscription to Coil per month, and in turn Coil pays the creators based on how long you use their site. It's not completely accurate, but it clears up the confusion for most people.