Content Creators on YouTube, Twitch, and Wikipedia Can Now Accept Ripple (XRP)

Content creators on the internet will now be able to accept payments in XRP tokens directly from their users.

The tipping-for-content has become possible because of Coil, the brainchild of Stefan Thomas, the former CTO of Ripple Labs. The San Francisco company has launched the beta version of its browser extension app of the same name, which allows users to tip content creators directly via XRP tokens. While the concept is arguably borrowed from Changetip, a now-defunct bitcoin tipping app, Coil somewhat has established its advancement by posing itself as an alternative to today’s ad-supported web.

“For decades, people have discussed the potential of micropayments to support content creators that would move us away from the broken ad-supported web,” Thomas said. “Others have created subscription services that bundle content. But micropayments and subscriptions have always been built as closed systems, which fail to capture the huge variety of content on the web.”

Coil is actually the first when it comes to paying out websites using Web Monetization, an Interledger-powered standard that would enable browsers to pay websites. Towards that goal, Coil will be compatible with some of the biggest names in the web industry, including YouTube, Wikipedia, Twitch, Internet Archive, and Beat, for starters.

The Coil launch packs a lot of possibilities for future adoption, specifically in the case of subscription-based content. Discussions on various online forums are filled with references to websites that offer content for monthly subscriptions. These subscriptions allow users to access unlimited content on the site. However, the fact remains that users seldom utilize the entire package. The only solution proposed to tackle the issue is pay per view.

Coil offers a use case. The browser extension could promise to unleash web content for XRP, be they text, video, sound, or other.

“Think Spotify, think Uber, think ads on the web – or no more ads on the web,” a Redditor commented while referring to Coil’s additional features, which include paywall bypassing, and lesser ads display. “This is just the beginning of Internet of Value! COIL is big, COIL is huge – Coil deserves as much attention as we are giving Ripple!”

Coil could lock horns with Brave on micro-payments. The latter is not an extension but a full-featured web browser in itself that somewhat offers the same services as Coil via its BAT tokens. Brave already has an exception user-base of over 4 million active individuals. The browser also provides privacy and ad-blocking to further its attractiveness to an average crypto user. The team behind the project expects to attract over 5 million users by the end of this year.

The crypto market is still young, and there is room for innovation for every project. Coil, despite its celebratory launch, could up its game with future updates. So far, the micropayment browser app could at least boost the bullish potential of XRP tokens, which are already rising high amid a strong buying sentiment phase.


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Author: Yashu Gola
Image Credit: Image from Shutterstock

Tron Wiki Announced, As Apple Adds Tron (TRX) Pricing

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Tron (TRX) has announced it is now live on Wiki, adding that Apple has included Tron pricing on their Stock App. The progress is one of the major milestone achieved by the Tron team to make the cryptocurrency have a rewarding exit from the ERC20 network.

In a disclosure by Justin Sun, the founder of Tron, on Twitter, it was declared that users of apple gadgets can now keep abreast of Tron’s market information.

“Apple has officially included $TRX pricing! Just add TRX-USD to your Stocks app. 1B @Apple users around the will be able to keep on top of #TRX market info. Come grow with us!”

Wiki is a brand new and open Encyclopaedia that records Tron’s major dynamics and technological advances, the page gives those who want any information about Tron the opportunity to get it without any form of delay.

On the Tron Wiki page, there is room for anyone to read information about Tron’s blockchain technology and other useful information, including blockchain explorers, wallets, its underlying protocols, events, and even programming contests.

On the page, Tron enthusiasts can get information related to Tron Loan and PG. The Wiki page, which serves the purpose of an Encyclopaedia, documents real-time development of TRON, thus providing all participants with the freest TRON documents.

“Participants can participate in the construction of the Wiki Library using rst documents to write basic grammars or Sphinx documentation tools through GitHub and Crowdin,” A statement by the Tron team indicates.

“It is an open project that allows joint creation and improvement from worldwide TRON supporters. Therefore, Wiki owns the nature to be a freely accessible and freely editable TRON knowledge system, which means that it not only allows participants to freely compile TRON documents, but also can record the progress of TRON technology and TRON events attracting media attention.”

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OK Blockchain Capital Join In TRON Super Representative

The Tron foundation has declared that OK Blockchain Capital will be participating in the TRON super representative.

The blockchain capital, while participating, will be able to supply quality resources accumulated by OK Capital, while hoping to work with global Tron ecological supporters to jointly promote the construction of TRON ecology and build a new blockchain industrial ecology pattern represented by Tron.

In the same line, OKCoin Korea also announced that it will support OK Blockchain Capital’s participation to assist in the development and maintenance of TRON community ecological construction in Korea.

OK Blockchain capital, which is an offshoot of OK Group, focuses on venture capital fund in blockchain field. At the same time, it accumulates rich experience in blockchain research and technology development, a field it has been in for the past five years.

Meanwhile, the Tron foundation has officially announced the Debut of Tron Virtual Machine. The development is coming ahead of the mainnet launch of May 31st, 2018.


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Author Yusuff Olayode Supoto
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