Coil had a big announcement today. Uchi broke it down in his post with links to Stefan Thomas' announcement post and the code repo. We are curious everyone's initial thoughts, so this is the discussion post. We would love to hear from you!
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Top comments (12)
Given that Rafiki is one of projects that closest for us to use OpenPayments standard, do we have any ongoing discussions on how to implement revenue share with it?
I'm pretty sure we wouldn't be seeing another simple workaround like Probabilistic Revenue Sharing on Web Monetization API that could be implemented on Rafiki, especially in mandate/subscribtion use cases where long term payment will be committed to one specified payment pointer address. At the moment I can't think of any revshare solutions to this without having to go through a temporary wallet which later the funds inside could be distributed to contributors on regular basis (programmatically via cron job or on demand). However, this makes us dependent on wallet providers to roll out features at some extent (can be partially or completely closed-source and limiting potential contributions/solutions from the community), and also, currently we don't have any transparent "open source"-like wallet for Interledger Γ la OpenCollective that manage funds for contributors/community that could receive payments via WM API/Rafiki-based payments to be distributed to contributors.
I'm hoping to see if there's any progress on revshare via Rafiki (or any OpenPayments implementation tools). Should we create a separate thread solely discussing on revenue sharing on Rafiki, perhaps?
Sure start a new thread for that!
Will do πππ
Is this based on rafiki.money and rafiki.shop? I enjoyed playing around with the demos a few months ago, especially since I noticed the payment in rafiki.shop could go straight to browser's native UI when service workers in rafiki.money is being activated. I see how smooth the payments are but honestly I wouldn't have expecting them to make Rafiki goes beyond mere demos for Interledger payment. Kudos to the team!
This could change a lot of things to be sure! For casual devs like me we don't have many tools to play around with the payment close to OpenPayments standard till now. I have been waiting for something like this to happen for about a year now, so much that I even prepared a dummy UI for this!
@uchibeke do you know if these Rafiki's are connected?
Yes, they are. The new Rafiki will builds on some of the work that the team did with the old Rafiki but with some improvements and ease of integration. Stefan puts it better in his response here twitter.com/JoeSmo05464358/status/...
I'm incredibly excited for this move! After reading through the other grant reports it definitely seems like this would be more useful for niche projects and communities, as we don't need to design for massive scale and users anymore.
A game changer... We're excited to explore Rafiki further!
We've been waiting for something like this for some time now, fingers crossed for the development and can't wait to see it live!
This made me chuckle...
Love this. The necessary step forward needed. Especially in being able to chose amounts for the transactions. Upward and onward!
This is an amazing announcement. Just as we talked about it :)
It will really be a massive game changer indeed.
Looking forward to test this - and hope that Coil supports this soon!