Open-Source Project Lets Web Publishers Monetize Their Content
This is an interesting open-source project out there I've read about on Reddit that seems pretty interesting for those who are in the web publishing business. It's Bitmonet, and with minimal amout of code, publishers (small and large) can charge for their content (sad face), charging Bitcoins as opposed to, well, fiat. Options include charging per post, per hour, and day pass, according to the site's demo, effectively allowing publishers to create passes to content. Would you use this service for your own website?
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Today, BitPay Inc. announced a new partnership withBitMonet. BitMonet's partnership with BitPay will permit customers to monetize content with bitcoin micropayments. BitMonet's embrace of Bitcoin through BitPay alleviates excessively high interchange fees that make many micropayments impractical. As a peer-to-peer electronic cash system, Bitcoin paves the way for micropayments over the Internet. International payments are also more feasible. BitMonet provides publishers with a monetization tool for digital content. BitMonet was started in 2013 by Ankur Nandwani and Valerie Chao and is free....
Payment processor BitPay is working with an open source project called BitMonet to enable microtransactions for publishers. The project allows publishers to install paywalls on their web sites, charging for access to digital content using a variety of models. Started by Bo Li, Ankur Nandwani, and designer Valerie Chao, the project was conceived at the Bitcoin 2013 conference in May. The BitMonet system is different from other microtransaction systems such as Coinbox.me or Coinbase's microtransaction service says Ankur, because it focuses on a particular vertical industry - publishing -....
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