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James Vasile for Storage To The People

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Web Monetization Back In The Day

Over at Permanent.org we're thinking a lot about what types of infrastructure we need beyond COIL. There are services that don't match up well with COIL. Of all the revenue models for delivering content and services on the web, COIL focuses on a specific slice. It is quite good at replacing pages with ads on them. It is less good at fee-for-service.

In my research through prior efforts to meet those other usage scenarios, I came across some old and informative and inspiring patents that proposes processes for setting prices on content, paying for them, and splitting that payment among several parties. Those patents are the result of a lot of research and is a good starting point for thinking about content providers who will not be satisfied taking whatever unpredictable amount COIL sends them.

COIL does one thing well. If that one thing isn't you're thing, drop me a line. Maybe we can work together to fill that gap in the ecosystem infrastructure!

Top comments (4)

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blackforestboi profile image
Oliver Sauter

Well put and fully agree. Coil is doing it's thing well, but isn't really serving enough use cases right now, like Subscriptions or one-time payments.

Put my retrospective about the current draw backs into this post: community.interledger.org/blackfor...

Happy to hop on a call and get clarity on what a potential proposal or small prototype could be.

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James Vasile

Hi Oliver! Yes, we should definitely talk. Want to hop into zulip to touch base? chat.opentechstrategies.com From there we can plan a jitsi call. I am eager to hear your thoughts!

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Jan Zheng • Edited

Are you working on sending payment? Coil or Web Monetization would be so much more powerful if you could just specify a one-time amount to send to someone... but that seems proposed for now.

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James Vasile

We are considering payment pointers, yes. I wouldn't say we're building anything, but we are starting to wrap our heads around how to fill the gap here.