Flattr: The new Micropayment System

Written on 02 March 2010 by
Category, Tags : Internet

flattr

Flattr shows itself as revolutionary micropayment system willing to reward, through a payment, the founders and content fillers of the web, referring to the musicians, bloggers, journalists, video producers, podcasters, photographers and others.

The brain behind this project is Peter Sunde, one of the co-founder of The Pirate Bay. It is not determined if Flattr is going to work even though it seems have a good course of action. The reason is that it tends to make use of a voluntary basis to promote and monetize the contents.

Overview :

The system will operate in such a way that the web users will have to make a voluntary subscription amounting to five dollars, monthly. A Flattr button will be added to your favorite websites and each time you visit one of them and wishes to reward the founder or content fillers, you simply have to click on this button. From there minimal amount of five dollars is awarded in respective proportion to the number of websites which have been appreciated and according to the number of clicks.

E.g. if you have (single) clicked on ten of your favorite websites during the month, then each of them will awarded with 0.5 dollars.

This remuneration basis seems good in theory but it has yet to be put into practice and the outcome is still unknown. I wonder who will volunteer to provide 5 dollars monthly to Flattr. Everything is still possible though.

The relative advantage of making this subscription is that, it is the user himself who will determine who qualifies for a click.

Tech Blogger.

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