Content Creators on YouTube, Twitch, and Wikipedia Can Now Accept Ripple (XRP)Content creators on the internet will now be able to accept payments in XRP tokens directly from their users.
The tipping-for-content has become possible because of Coil, the brainchild of Stefan Thomas, the former CTO of Ripple Labs. The San Francisco company has launched the beta version of its browser extension app of the same name, which allows users to tip content creators directly via XRP tokens. While the concept is arguably borrowed from Changetip, a now-defunct bitcoin tipping app, Coil somewhat has established its advancement by posing itself as an alternative to today’s ad-supported web.
“For decades, people have discussed the potential of micropayments to support content creators that would move us away from the broken ad-supported web,” Thomas said. “Others have created subscription services that bundle content. But micropayments and subscriptions have always been built as closed systems, which fail to capture the huge variety of content on the web.”
Coil is actually the first when it comes to paying out websites using Web Monetization, an Interledger-powered standard that would enable browsers to pay websites. Towards that goal, Coil will be compatible with some of the biggest names in the web industry, including YouTube, Wikipedia, Twitch, Internet Archive, and Beat, for starters.
https://www.ccn.com/content-creators-on-youtube-twitch-and-wikipedia-can-now-accept-ripple-xrp/
