Thanks for joining and sharing your company. Music is a ripe are for this kind of innovation in art and commerce. I am listening to something on the site as I type this. Have you investigated the web monetization. Here is more info:
What is Web Monetization?
- Requiring users to sign-up to a subscription
- Needing to deliver content/services through 3rd-party platforms
For a more detailed description, see the Explainer 60 and track design discussion in the issue log or visit Webmonetization.org.
Web Monetization has been proposed as an open web standard to the W3C Web Incubator Community Group.
Until recently, there hasn’t been an open, neutral protocol for transferring money. The Web Monetization API utilizes Interledger, which provides a simple, ledger-agnostic, and currency-agnostic method for the transfer of small quantities of money. This opens up the possibility for streaming money, which makes Web Monetization possible for the first time.
An important distinction: if a user is Coil enabled, they are Web Monetized. But a user can be Web Monetized without using Coil. They could be running open source software to support the Web Monetized sites they visit via a crypto wallet (in which case they rely on no companies), or they could be using a future competitor of Coil. Coil thinks this is really important to keep the ecosystem healthy.
Who is working on Web Monetization?
Coil has proposed the Web Monetization API as an open web standard to the W3C Web Incubator Community Group
For detailed documentation of the standard, check out the explainer, Web Monetization Draft Community Group Report Coil submitted to the W3C, and this W3C Interview: Coil on Interledger Protocol and Web Monetization.
Note: These ideas and documents were discussed at the WC3 Technical Plenary Meetings (TPAC) in Japan the week of September 16.
What are the goals of Web Monetization?
Provide websites with a way to collect multiple small payments from users in exchange for consuming the content and/or services on the website.
The experience must be frictionless for users. It must allow users to pre-approve payments in aggregate or delegate the authorization of the individual small payments to a component/service (a Web Monetization Agent) that makes decisions about when to pay websites and how much without the need for user interaction.
This system must preserve the user’s privacy. It must not be possible for websites to track users on the basis of the payments they make and it must not be possible for the user’s payment provider to get details of a user’s browsing history.