I'm very interested in the concept where users of a web site or forum get paid for their contributions. For example, I started a promo to pay Return Of Kings contributors in Litecoin for January. One concept out there is Steemit, which pays contributors to a Reddit-like site in Steem which can be converted to fiat.
One site I like even more in Yours.org, which pays outs contributors using existing cryptocurrencies like Bitcoin Cash and Ethereum. It's basically a Medium where authors get paid by readers who value their work. Here's how it works...
As a reader
You visit the site and deposit crypto into your account to share with authors you like. If you don't have crypto, the site will allow you to buy it via Coinbase through their API.
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If you like an article, you can upvote it and send $0.10 to the author.
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Another option for authors is to require readers to pay for access to an article.
[attachment=38289]
As an author
You pay Yours.org a small fee ($0.10) to submit your article. They deposit upvotes and buys into your account. I'm guessing that Yours takes a small fee.
How hard would it be to clone this functionality on my own site? It seems like Yours is closed source. SatoshiPay allows one webmaster to get paid for his work but the company is a centralized node that can shut you down if it wants.
Also imagine on the forum if likes given and received would result in a nano-transaction? method would be a great way to show and receive thanks for your contributions.
Someone who predicted this trend is Jaron Lanier:
What's great of nanotransactions is that it will decentralize the concentration of internet money that right now is in the hands of just a few companies (Facebook, Google, Amazon).
One site I like even more in Yours.org, which pays outs contributors using existing cryptocurrencies like Bitcoin Cash and Ethereum. It's basically a Medium where authors get paid by readers who value their work. Here's how it works...
As a reader
You visit the site and deposit crypto into your account to share with authors you like. If you don't have crypto, the site will allow you to buy it via Coinbase through their API.
[attachment=38290]
[attachment=38287]
If you like an article, you can upvote it and send $0.10 to the author.
[attachment=38288]
Another option for authors is to require readers to pay for access to an article.
[attachment=38289]
As an author
You pay Yours.org a small fee ($0.10) to submit your article. They deposit upvotes and buys into your account. I'm guessing that Yours takes a small fee.
How hard would it be to clone this functionality on my own site? It seems like Yours is closed source. SatoshiPay allows one webmaster to get paid for his work but the company is a centralized node that can shut you down if it wants.
Also imagine on the forum if likes given and received would result in a nano-transaction? method would be a great way to show and receive thanks for your contributions.
Someone who predicted this trend is Jaron Lanier:
What's great of nanotransactions is that it will decentralize the concentration of internet money that right now is in the hands of just a few companies (Facebook, Google, Amazon).
