Freemitization – the combination of revenue sharing and freemium-style video advertising for Web Monetization – has been finalised and published by Vivid IoV Labs.
Our technical lead, Ike Iwumene, compiled the following video demo walkthroughs for each module:
Connecting video or live streaming content to Web Monetisation, enabling freemium style ad-free video or live streaming for Coil users (and other future Web Monetization providers).
Pooling and revenue sharing for Web Monetization by adopting a probabilistic model for content revenue. This can be implemented by content creators for redistributing the streamed revenue to other users in the value chain such as collaborators, social sharers and moderators, incentivising the content engagement and discoverability for creators.
Freemitization demo site
Revenue sharing NPM module – Automated redistribution of funds to a community via smart contracts
Video ads NPM module – Linking Web Monetization with video advertising to allow a freemium business model to be implemented for Web Monetization
If you have any feedback or would like to get in touch about these Web Monetization modules please comment below or you can message us via our feedback form.