What You Need to know about Web Monetization

Web Monetization

The term is exactly as it sounds, monetizing the web! but what that term doesn't explain is the fact that it's also protecting your privacy, protecting your data, saving your time, and also distributing payment seamlessly using open-protocol. Ohh I shouldn't bring in the boring stuff from now, I'll keep things basic, and in another article, I'll talk about the web monetization API and others.

See it like this, the future of the Web is faster, little or no more annoying on-click redirection in websites, content creators can accept streamed payments from all over the world without worrying about the location, currency, or conversation rate of their users. You can set up Web Monetization both as a creator and a user.

Web Monetization as a user

So you want to have a feel of what Web Monetization is all about as a user? Here's a quick guide to help you out.

Steps

1. visit https://coil.com/signup and sign up.
2. Go to settings and enter the "Membership" card.
3. Add your credit card and subscribe, it's $5
4. Download the extension for whichever browser of your choice.

Web Monetization as a Creator

1. Register as a creator on Coil on coil.com/creator-setup
2. The next thing is getting you a payment pointer, you can get a payment pointer from tons of wallet providers. For example, visit uphold.com/signup and sign up  to get a payment pointer.

Next is to get your payment pointer.

New to Web Monetization? follow this simple guide to monetize your content:

Open a free coil account here .

Get your payment pointer from uphold  or GateHub and add it to your coil account, 

Add a meta tag to your content to hold your payment pointer.

for example   <meta name="monetization" content="$iud.uphold.com/hdhdkick"> ,

And that is it, Your content is now monetized. 

Web Monetization Documentation

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