If you’ve only just joined us, let me bring you up to speed on my vision of the “Content Economy.”
The Content Economy will be a system of monetary exchange made through micro-payments. But not that micro. A penny or pence or whatever 1/100th of a euro or yuan is.
You will have your content account which you can top-off with $ or, if you’re good at creating content, said account will be your repository for the oodles of AddCents clicks that you will receive.
AddCents is the concept I came up with years ago that I wanted Google to build. Imagine seeing a little G$ next to an article or youtube video. You read or watch — enjoy the content SO MUCH that you want to pay the creator directly — so you click the AddCents button. Ding! A transfer from your account to the creator’s account. (Kind of the opposite of Google’s current adsense.)
Anyway, the idea seems sound. But, Google refused it. And, recently, so did Medium (instead they implemented that silly clap meme). So, what about other, hint hint, content platforms?
If you had a WordPress account that you deposited, oh, $25 into and then instead of clicking that contentious “Like” button you clicked these instead:
And you PAY the author of the content, whatever you think it is worth.
You can AddCents to articles, to posts, to comments!!!, to anything attached to a piece of content. But think of this. An author could offer their larger works, self-published novels vimeo or youtube videos, and build a page that hosted them. And then let content consumers pay them DIRECTLY!
Additionally, if you give a great review of a novel — why shouldn’t you be able to earn money for that too?
Effectively, this paradigm becomes a self serving, self propagating economy where everyone can pay for content or earn money for content. Everyone can participate in the Content Economy.
If you like this — send me a penny. (I wish!) Or petition WordPress to implement this concept.