/
Coil was an innovative Web3 initiative founded in 2018, aiming to change the landscape of content monetization on the web through micropayments and cryptocurrency transactions. At its core, Coil used Interledger technology and XRP to facilitate seamless, international web monetization, offering an alternative to conventional and oftentimes obtrusive monetization models like advertisements and subscriptions. This, in turn, allowed creators and publishers a more equitable and frictionless platform for revenue generation, marking a significant paradigm shift designed to reshape how content creators generate value in the digital space. Coil's distinctive approach enabled real-time microtransactions, providing a seamless experience between web content consumption and payments, hence opening up a new frontier for web monetization that was poised to integrate cryptocurrencies into mainstream digital content frameworks, evidenced by strategic collaborations like its integration with WordPress. Despite the sunsetting of Coil's operations in early 2023, its core technology and mission continue under the stewardship of the Interledger Foundation, ensuring sustained development and adherence t...
Coil was an innovative Web3 initiative founded in 2018, aiming to change the landscape of content monetization on the web through micropayments and cryptocurrency transactions. At its core, Coil used Interledger technology and XRP to facilitate seamless, international web monetization, offering an alternative to conventional and oftentimes obtrusive monetization models like advertisements and subscriptions. This, in turn, allowed creators and publishers a more equitable and frictionless platform for revenue generation, marking a significant paradigm shift designed to reshape how content creators generate value in the digital space. Coil's distinctive approach enabled real-time microtransactions, providing a seamless experience between web content consumption and payments, hence opening up a new frontier for web monetization that was poised to integrate cryptocurrencies into mainstream digital content frameworks, evidenced by strategic collaborations like its integration with WordPress. Despite the sunsetting of Coil's operations in early 2023, its core technology and mission continue under the stewardship of the Interledger Foundation, ensuring sustained development and adherence to Coil's foundational principles. Throughout its operation, Coil played a crucial role in fostering Web3's growth, focusing on open standards and interoperable financial solutions across the web, thereby furthering the vision of decentralized, user-centric internet. The strategic financial support through investments from Ripple not only bolstered its developmental capacities but underscored confidence in Coil's potential to pioneer in transforming traditional web monetization models. By entrusting their technological legacy to the Interledger Foundation, Coil's vision persists, carrying forward the aspiration of building a collaborative and fair digital economy.
Coil is a web monetization platform designed to provide an alternative revenue model for content creators. It leverages the Web Monetization standard to stream micropayments to creators as users engage with their content. By focusing on a subscription model, Coil distributes payments based on the time subscribers spend with creators' content, offering a more equitable revenue distribution compared to traditional advertising or sponsorships.
Coil operates on a subscription model where users pay a monthly fee that allows them to access content across supported platforms. This fee is then distributed to content creators based on how much time subscribers spend engaging with their material, providing a continuous income stream that is independent of advertising and sponsorships.
Coil offers content creators a new revenue stream without relying on ads. It allows for direct financial support from their audience, improving content monetization through micropayments facilitated by the Web Monetization standard. Creators can monetize articles, videos, live streams, and more, all while providing an ad-free experience for their audience.
Unlike traditional ad-based monetization models, which depend on sponsorships and third-party ads, Coil focuses on user engagement and supports creators directly through micropayments. This approach appreciates the time and attention users give to content, providing a more consistent and equitable income for creators while offering users a more seamless and ad-free experience.
Coil integrates with the Interledger Protocol (ILP), which enables seamless micropayments across various currencies and networks. This integration helps facilitate the efficient transfer of funds from subscribers to content creators, ensuring smooth transactions and accessibility to a global audience, enhancing the monetization process for digital content creators.
If Coil payments are not working, ensure that your payment method is up to date and check for any browser or plugin compatibility issues. Confirm that your creator page is properly set up and your Web Monetization meta tag is correctly implemented on your content. If issues persist, considering contacting Coil support for further assistance and resolution.
Paid.co streamlines DeFi payments and invoicing on blockchain for security, transparency, and ease, supporting multi-crypto transactions with smart contracts for reliability.
StoryCo is a decentralized network blending storytelling with Web3, offering a platform for creators to collaborate, distribute, and monetize stories via blockchain and NFTs, fostering unique ownership and interactive experiences.
SpiralDAO Coil is a DAO focused on acquiring key DeFi governance tokens and securing them within a community-driven treasury, offering native COIL tokens to incentivize liquidity providers.
Coiny is a blockchain-based digital currency for microtransactions in online communities, offering fast, simple transfers to foster a global digital economy.
Web3 payment stack enabling effective fiat and crypto integration.
Tallyco enables content creators to receive Bitcoin donations via the Lightning Network, offering secure, fast, and low-fee microtransactions without intermediaries, promoting decentralization and financial empowerment.
CoinCircle simplifies crypto trading & earning interest, offering tools for passive income, competitive rates, user-friendly platform for all investors, emphasizing compounding interest & secure transactions.
COINE.io is a no-code platform enabling fast token website creation with $COINE utility for premium features.
LNCast.com is a blockchain-based platform enabling podcast monetization via Lightning Network microtransactions, allowing creators to earn from listener support without ads.
Teslacoil is a decentralized crypto exchange leveraging blockchain for secure, quick, cost-effective trading using liquidity pools across multiple networks.
Decentralized platform enhancing governance transparency.
A decentralized framework for AI innovation and learning signals collaboration.
