My lightning talk at the Future of Micropayments conference on November 5, 2020.
Hi, my name is Jeremiah Lee and I’ve been a fan of micropayments for a long time. I tried to create micro tipping service using then new APIs from PayPal back in 2010. Despite working with their developer advocates, PayPal abruptly shut me down. I moved on to other ideas, but I always felt that one was special.
The Web has been powerful because it has been outside the control of any single company. We can’t break an oligopoly of online advertising networks with a monopoly on micropayments.
And that brings me to the first thing Web Monetization needs to win: more providers.
Coil, I am so grateful for you, but you can’t carry this vision on your own. We need more Web Monetization providers. The European Union is desperate to counter the American companies that control the Internet. They want to fund creators. They want to break surveillance capitalism. They need to get on board with Web Monetization, but to do that, they need Web Monetization Providers in their currency and in their language. Today, Coil only accepts US Dollars and its service is only in American English.
Derek Sivers gave a fantastic TED talk about “the first follower”. When you’re the only one doing something, you’re not leading anyone. The first follower transforms a lone person into a leader. If the leader is the flint, the first follower is the spark that makes the fire.
Web Monetization needs its first follower in the Provider space. And that first follower will not be competition for Coil. It will be an accelerant of what Coil has championed to grow the overall market. It will also provide assurances to hesitant content creators that they are not going to be locked into a single vendor.
That brings me to the second thing Web Monetization needs to win: better branding.
Once there are multiple Web Monetization Providers, content creators who paywall their content are going to need more appealing language than “requires a Web Monetization Provider”. It’s fine today, because content creators can say something slick like “Exclusively available with a Coil membership”. But hopefully that changes soon.
So instead of telling people they need a Web Monetization Provider subscription, I propose we call it the Web Multipass. It’s a pass to access content from all over the Web available for purchase from Coil and other fine retailers. The emphasis is on the capability, not the provider of the capability.
The third and final thing I can squeeze into a lightning talk about what we need to win is: an outreach effort to get existing content creators with high brand affinity to adopt and promote Web Monetization, ahem, the Web Multipass, as a way to support them. The three biggest that come to mind are NPR, PBS, and Wikipedia. These 3 non-profits are well known and respected content providers. They also raise most of their funding from their audiences. Their audiences want to support them. Getting those audiences to get a subscription will not only help these major creators, but it will help lesser known creators, because when those new subscribers who support Wikipedia, they’ll also be supporting thousands of smaller creators they encounter online.
I love that the Grant for the Web is creating opportunities for creators who don’t yet have audiences, but building an audience who wants to support you is hard and takes a long time. To get more people signing up for a Web Multipass, we need to convince content creators with established audiences that they can supplement their revenue safely. I don’t know who has a connection to NPR or the Wikimedia Foundation, but I’m certain it’s not an impossible connection to make. And even if PBS or NPR themselves are not interested yet, there are hundreds of affiliates stations who probably will be.