An Introduction To Web Monetization API

Written by obetomuniz | Published 2021/05/07
Tech Story Tags: webdevelopment | web-monetization | javascript | html | monetization | w3c | coil | interledger

TLDR

The Web Monetization API is a W3C Standard that uses a neutral payment protocol called Interledger (ILP) for transferring money for anyone by anyone. The proposal help web creators avoid systems that slow down the web and creates annoying UX problems. The proposed payment protocol is a neutral protocol called ILP and can be used to transfer money from a user's account to a website. It could be USD, BTC, etc. You could use Uphold's Payment Pointer on your website using this declaration: "monetization"via the TL;DR App

Content inspired after my first payment using Web Monetization API.

🧑‍🔬 The How

Sign up to wallet.uphold.com/signup and verify yourself

Find the Interledger Payment Pointer in the Transact panel

And pick a currency target. It could be USD, BTC, etc

The Web Monetization API needs a Payment Pointer to address micropayments for you.

🏗 The Where

You could use your previous created Uphold's Payment Pointer on your website using this declaration:

<meta name="monetization" content="$ilp.your.payment/pointer" />

Also, dozens of services offer support:

Even YouTube, when connected in a creator account on Coil.

💰 The Web Monetization API

The Web Monetization API is a W3C Standard that uses a neutral payment protocol called Interledger (ILP) for transferring money for anyone by anyone.

The proposal help web creators avoid systems that slow down the web and creates annoying UX

📚 More about Web Monetization Standards

Get Monetized - A Coil's Overview about Web Monetization API

Video in 🇧🇷 about Web Monetization API on my YouTube Channel

💌 Also, don't miss content like this signing my newsletter

Also published on Dev.to

Written by obetomuniz | Writing about Web Development. I want to show you how amazing the web is.

Published by HackerNoon on 2021/05/07