Brave browser has a micropayment system. I would like to see this succeed. I'm happy to pay a little cash for content, just not in the form of malware and irritation.
Iirc the idea behind brave is to create a sustainable alternative to the ad/data collection of big tech. They use blockchain to enable microtransactions for content.
The idea is that the Brave platform will allow users to send micropayments to content publishers. The micropayments will be in the form of "Brave Coins" which are like Bitcoins but specific to the Brave platform. The reason for this is that you reduce transaction costs to a point where it makes sense to send a $0.50 (or whatever) payment.
So if the Brave platform succeeds then you'll have a whole bunch of people who want to exchange cash for these "Brave Coins" so they can send micropayments. These early investors will hold all the Brave Coins and so they will get the initial influx of cash from people buying Brave Coins to use the platform.
Edit: Possibly the coins are being used by advertisers on the platform, not for micropayments.
Except it is basically a way for Brave to make money first and then give some to creators. 100% should be for creators as Brave doesn't do any work for the website.
sheogorath is right - Brave doesn't pay creators anything unless they enter a business relationship with them, but it nevertheless collects that revenue
The only thing I fear with this (Brave) is that it is gameable. Whenever you create a pot of money, it will be gamed. Someone will come up with the Brave equivalent of a "One weird trick slideshow!" to extract maximum dollars.
Subscriptions, however, are consumer-empowering. And everyone gets how they work. (Netflix, Prime, etc.)
Micropayments have failed many times before. I can earn BAT with Brave and donate it to sites without having to sign up and deposit money with a credit card. There is much less friction compared to solutions that came before it.
Andrew Mason is forking Brave and doing some of what you describe. Being associated with Gab and Andrew Mason isn't for everyone.
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