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You are here: Home / News / Altcoin News / Leading tech site adds web monetization via Ripple-powered Coil
Ripple

Leading tech site adds web monetization via Ripple-powered Coil

August 17, 2019 by Tabassum Naiz

CSS-Tricks, a leading tech blogging site included Ripple-powered Coil’s web monetization feature to its platform to enable micropayments. The website finds Coil as one of the best solutions which stand over and above the other micropayment platforms that CSS-Tricks had already tried in the past.

CSS-Tricks Adds Coil’s Web Monetization

It’s worth noting that, Coil is a brainchild of Stefan Thomas who is the former CTO of Ripple. Mr.Thomas developed Coil to help content creators in the monetization of content across the internet. Coil works via an open API called “Web Monetization” for content creators and a browser-extension for users.

Meaning that, as the fan subscribes to a content creator’s platform, they can make micropayments from their browser and in return Coil uses this API to stream micropayment to content creators such as journalists, podcasters, video creators, musicians, artists, photographers or streamers in real-time.

As for CCS-Tricks, it offers extensive information about CSS, HTML, JavaScript, and other similar terminologies. The platform as launched back on July 04, 2007 by Chris Coyier, a front-end developer, designer and a co-founder of CodePen.io.

CSS-Tricks using Coil running on Ripple got announced by Chris Coyier via his Twitter profile. He tweeted:

There is a chance that monetizing a website becomes a web standard. A <meta> tag that references an online wallet and kicks off events you can watch with `document.monetization`. I'm running it now on @css for fun. https://t.co/huxaIMi5XU

THANKS @BRUCEL pic.twitter.com/4UD5NQ0V8U

— Chris Coyier (@chriscoyier) August 16, 2019

According to the detail blog post published on CSS-Tricks, the team found Coil as a compelling solution. The blog reads that;

The coil is nicely designed. It’s the service that readers subscribe to and a browser extension (for Chrome and Firefox) that pays publishers.

Moreover, appreciating the anonymity aspect of Ripple-supported Coil, Chris states that;

The coil is nicely designed. It’s the service that readers actually subscribe to and a browser even though everyone is anonymous, I can still do things for the supporters, like not show ads. tension (for Chrome and Firefox) that pays publishers. Chris went on to say; Even though everyone is anonymous, I can still do things for the supporters, like not show ads.

The money by integrating Coil’s web monetization will end up in a “Stronghold account,” and content creators have to just add one tag on their site <meta> tag in the <head>. The subscribers or fans can just add the Ripple’s Coil’s browser extension and start sending micropayments to Content creators directly via Coil extension. Chris further outlines that;

The big hope is that this becomes a decent source of revenue once this coerces a web standard and lots of users choose to do it. My guess is it’ll take years to get there if it does indeed become a winning player.

Following Chris’s Tweet, Stefan Thomas also went on Twitter and wrote, one of his favorite sites added Web Monetization.

One of my favorite sites, CSS Tricks, just added #WebMonetization. #SomebodyPinchMe

Thanks @chriscoyier and @BruceL! 💜🤟 https://t.co/BkZps9o68t

— Stefan Thomas (@justmoon) August 16, 2019

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Filed Under: Altcoin News Tagged With: Crypto Adoption, Ripple (XRP)

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