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@brucel §

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@brucel

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@brucel

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@brucel

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@brucel

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@brucel

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@brucel

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@brucel

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@brucel

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@brucel

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Since then… Subscriptions Have Taken Over Via TechSpot

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@brucel

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@brucel

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10010110 USER WEBSITE $$$ Today, Monetization is Out-of-band Workarounds like ads, site-by-site subscriptions, and paywalls disrupt the user experience and create lock-in.

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$$$ 10010110 USER WEBSITE With Web Monetization, Your Browser Pays Built-in monetization provides a frictionless user experience across the Web.

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Web Monetization .. huh? Web Monetization is a standard for websites to request micropayments from users - Websites provide a URL for their receiving account - A Web Monetization Agent decides the rate to pay the website - The User Agent uses Payment Handler to send payments


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@brucel

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Accepting Payments - URL is provided by wallet (Payment Pointer) - URL is used to generate unique Interledger address per “session” Listen for DOM events indicating a payment has been made
 Use the session id to correlate payments on the backend document.monetization.addEventListener('monetizationprogress', e => {
 console.log(e.detail.amount)
 })

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Sending Payments Users install a Payment Handler capable of paying via Interledger - Interledger + No User Interaction = Web Monetization payment method Users install a Web Monetization Agent - Specifics of User Agent integration are still TBD - Core requirement is user privacy Users authorize the agent to make payments (subject to limits) on their behalf - E.g. Token for user’s wallet

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@brucel

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@brucel

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@brucel

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@brucel

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@brucel

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@brucel

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Interledger Community Group @ W3C Open Protocol
 for Payments London 2016 Berlin 2017 Singapore 2017 San Francisco 2019

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10 billion micropayments to creators. Since launching our beta, Coil has made more than

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@brucel

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Interledger is a Different Class of Payment Credit Cards 100s per user & year Interledger 1,000,000s per user & year

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@brucel webmonetization.org

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@brucel W3C TPAC, Japan

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Long Road Ahead Next steps are to: " Track Web Monetization adoption " Get feedback on the draft spec

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@brucel Industry needs it! "Inevitably, 2020 will be another year of change for digital publishers. However, just like in years past, publishers will continue to thrive if they embrace these industry changes and develop new, differentiated sources of revenue.” 4 Reasons Why News Media Will Thrive In The Wake Of Privacy Regulation (AdExchanger.com, Sept 2019)

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@brucel

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Ad revenues vary a lot by category https://hackernoon.com/state-of-podcasts-2018-takeaways-from-podcast-movement-on-monetization-diversity-and-discovery-eea7ccd0eed2

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Learn more at grantfortheweb.org

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THANKS ’N’ KISSES! brucelawson.co.uk @brucel bruce@coil.com * Other Bruce Lawsons are available. ** known to cause nausea in some jurisdictions.