💸 Monetization

monetizationwebstandardilpledgerprotocol

💰 Web Monetization

New standard for content creators to make money online.

• Say you are passionate about something, you make a website and put it online
• Website is getting hits, aws decides to charge you $200.
• Think about, Maybe make some money over this website? Alternatives
• HTTP Spec had some ideas about internet monetization in future use.
  • 402 - Payment Required

36 cents / hour

1. Add Advertisement - old has
   1. in US, 1 out of 4 user uses ad-blocker
2. Subscription Model
   1. disney, youtube, patreon, twitch etc.
   2. 47% of US people are frustrated by subscriptions

What is ILP?

ILP is a blockchain protocol used for payments across different payment networks

• Open protocol for payments

sample

• https://testwebmonetization.com/

How do I adopt monetization as a webdeveloper?

1. Able to recieve ILP, server on cloud to accept payments. Interledger wallet
2. Add web monetization <meta> tag
3. (optional): Reward the user, better user experience, extra features, more content, thankyou note etc.

Monetization Platoforms

1. https://www.cinnamon.video/about
2. $5/month https://coil.com/about
3. https://gatehub.net/

Resources

• https://interledger.org/
• https://webmonetization.org/
• https://z3by.github.io/vuepress-tools/plugins/vuepress-plugin-web-monetization.html
• Awesome webmonetization list
• https://webmonetization.org/specification.html
• wikipedia web-monetization

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