Micropayment With Code: How Tiny Transactions Are Changing Value Creation on the Web
Collinsdefipen
Oct 15, 2024
Have you ever scrolled through a great article, loved what you read, and thought, "I’d totally throw the writer a few cents for this, but how would I even do that?" Maybe you've watched a cool video or enjoyed a piece of art online and felt like supporting the creator—but not with the hassle of paying a full dollar or signing up for yet another subscription. This is a common feeling, and it’s at the heart of a bigger conversation we need to have about micropayments and how they could completely change the way we value and support content on the internet.
Right now, the web feels a bit broken. Creators—whether they’re writers, artists, developers, or musicians—are constantly under pressure to produce more, faster, and cheaper. Most of them aren’t getting paid directly by their fans. Instead, they rely on ads, subscriptions, or platform fees that eat up a big chunk of their income. This system just doesn’t work for many creators, and more importantly, it doesn’t work for us as the audience, either.
This is where micropayments—small payments, often just a few cents—are making waves. Platforms like Code and its native currency KIN are showing us what’s possible when we rethink how money moves online. Micropayments could be the key to unlocking a future where creators are paid fairly, fans have more control, and privacy isn’t sacrificed for the sake of free content. Let’s dive into why this matters.
𝗧𝗵𝗲 𝗣𝗿𝗼𝗯𝗹𝗲𝗺 𝘄𝗶𝘁𝗵 𝗛𝗼𝘄 𝗪𝗲 𝗣𝗮𝘆 𝗳𝗼𝗿 𝗖𝗼𝗻𝘁𝗲𝗻𝘁 𝗧𝗼𝗱𝗮𝘆
Before we talk about micropayments and how they might change things, we need to get real about the issues with the current system. Right now, most creators rely on a few key ways to make money online:
𝟭. 𝗔𝗱 𝗥𝗲𝘃𝗲𝗻𝘂𝗲:
Every time you see an ad before a YouTube video or between paragraphs of a blog post, the creator is getting a tiny slice of the revenue. But here’s the catch—ads are a volume game. For most creators, unless you have millions of views, ad revenue won’t even cover your coffee, let alone rent. Worse, this model pressures creators to produce more “clickable” content, rather than meaningful or high-quality work.
𝟮. 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻𝘀:
Platforms like Patreon have helped creators get more direct support from fans, but there’s friction here, too. A lot of people don’t want to commit to a monthly subscription just to support one or two creators they like. And even when they do, those platforms can take as much as 12% to 30% in fees, which means creators are still losing money.
𝟯. 𝗣𝗮𝘆𝘄𝗮𝗹𝗹𝘀:
Some websites and creators lock their content behind paywalls, forcing users to pay upfront for access. While this can work for big publishers, it’s not great for independent creators trying to build a following. It limits access to people who are willing to pay the full price upfront, which can scare away potential fans.
And don’t get me started on the privacy issues. Every time you click on an ad or sign up for a subscription, your data is being tracked, sold, and used in ways you might not even realize. It’s a mess, and honestly, it’s frustrating for everyone involved—creators and audiences alike.
𝗠𝗶𝗰𝗿𝗼𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝘄𝗶𝘁𝗵 𝗖𝗼𝗱𝗲: 𝗔 𝗦𝗶𝗺𝗽𝗹𝗲𝗿, 𝗙𝗮𝗶𝗿𝗲𝗿 𝗪𝗮𝘆 𝘁𝗼 𝗣𝗮𝘆 𝗳𝗼𝗿 𝗖𝗼𝗻𝘁𝗲𝗻𝘁
Now imagine a different way of paying for content—one where you could simply click a button and send a creator 5 or 10 cents as a “thank you” for their work. No subscriptions, no ads, no tracking your data. Just a direct, small payment that adds up over time. Sounds simple, right? That’s what micropayments are all about, and platforms like Code are leading the charge to make this a reality.
With Code, the process is straightforward. You set up an account, explore the KIN currency (which, by the way, is immune to inflation because it’s a fixed-supply digital currency), and start sending and receiving tiny payments across different currencies. But what makes it really exciting is that you can do all this without fees—so that 5-cent tip actually goes straight to the creator, without a platform taking a huge cut.
Here's a quick guide started with Code
https://x.com/CollinsDeFipen/status/1845537389013279178?t=EHc2x5l4lPi6GEcnZUmbcQ&s=19
𝗪𝗵𝘆 𝗠𝗶𝗰𝗿𝗼𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗠𝗮𝘁𝘁𝗲𝗿 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗪𝗲𝗯
You might be thinking, "Okay, but why do micropayments matter so much? It’s just a few cents here and there." But here’s the thing: those few cents can add up in powerful ways, and they solve a lot of the issues that creators and consumers are facing right now. Let’s break down why micropayments are a game-changer:
𝟭. 𝗔 𝗡𝗲𝘄 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗦𝘁𝗿𝗲𝗮𝗺 𝗳𝗼𝗿 𝗖𝗿𝗲𝗮𝘁𝗼𝗿s
For most creators, making a living off their work is a constant struggle. Micropayments offer a new way to earn money that doesn’t rely on ads, subscriptions, or paywalls. If every reader, viewer, or listener chipped in just a few cents when they enjoyed something, creators could build a steady, reliable income stream. And because platforms like Code don’t charge transaction fees on small payments, creators get to keep almost all of what’s given to them.
𝟮. 𝗠𝗼𝗿𝗲 𝗙𝗿𝗲𝗲𝗱𝗼𝗺 𝗳𝗼𝗿 𝗙𝗮𝗻𝘀
As a fan, how often have you wanted to support a creator but didn’t want to commit to a full subscription? Micropayments give you the freedom to contribute in small, meaningful ways without locking yourself into a recurring payment. It’s like tipping your favorite street performer, but online, and without the middlemen taking a cut.
𝟯. 𝗔 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝘁𝗼 𝘁𝗵𝗲 𝗗𝗮𝘁𝗮 𝗣𝗿𝗶𝘃𝗮𝗰𝘆 𝗣𝗿𝗼𝗯𝗹𝗲𝗺
Right now, many “free” services are anything but free. You’re paying with your data, whether you realize it or not. Every time you see an ad, click on a recommendation, or sign up for a platform, your behavior is being tracked, logged, and sold to advertisers. With micropayments, there’s no need for ads or invasive tracking. You pay for the content you like, and that’s it. Platforms like Code are privacy-focused, meaning your data stays yours.
𝟰. 𝗔 𝗡𝗲𝘄 𝗪𝗮𝘆 𝘁𝗼 𝗥𝗲𝘄𝗮𝗿𝗱 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 𝗢𝘃𝗲𝗿 𝗖𝗹𝗶𝗰𝗸𝗯𝗮𝗶𝘁
One of the biggest problems with ad-driven models is that they reward clicks, not quality. This is why so much content on the web is clickbait—it’s designed to get you to click, not necessarily to provide value. Micropayments can change that. When creators get paid directly by their audience, there’s more incentive to focus on making great content that people actually want to support, rather than chasing clicks.
𝗥𝗲𝗮𝗹-𝗪𝗼𝗿𝗹𝗱 𝗘𝘅𝗮𝗺𝗽𝗹𝗲𝘀 𝗼𝗳 𝗠𝗶𝗰𝗿𝗼𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗔𝗰𝘁𝗶𝗼𝗻
To see how this works in practice, look no further than Code and its KIN currency. Let’s say you’re a writer who publishes articles online. Instead of slapping ads all over your content or locking it behind a paywall, you could use Code to allow readers to tip you directly. Someone might tip you 10 cents for an article they enjoyed, and another person might give you 50 cents. Over time, those tiny contributions add up—and because there are no fees cutting into your earnings, you keep all the money.
Another example: if you’re a fan of digital art or indie music, you could use micropayments to tip creators for individual pieces of content, like a song or a drawing. This allows you to show support without having to spend large amounts upfront or sign up for a monthly subscription.
𝗪𝗵𝗮𝘁’𝘀 𝗡𝗲𝘅𝘁: 𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗠𝗶𝗰𝗿𝗼𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝗩𝗮𝗹𝘂𝗲 𝗖𝗿𝗲𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗲 𝗪𝗲𝗯
The big question is: Are we ready for micropayments to become a mainstream way to pay for content? The answer might be yes, sooner than we think. As platforms like Code grow and more people see the benefits of directly supporting creators, we could be on the verge of a shift in how money moves online.
Imagine a world where we no longer have to deal with invasive ads, exploitative platforms, or privacy concerns. Instead, creators get paid fairly for their work, and fans have the power to decide where their money goes, one small payment at a time. It’s a future that feels more sustainable, more ethical, and more in tune with the values of an open internet.
𝗙𝗶𝗻𝗮𝗹 𝗧𝗵𝗼𝘂𝗴𝗵𝘁𝘀: 𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱 𝗖𝗮𝗿𝗲 𝗔𝗯𝗼𝘂𝘁 𝗠𝗶𝗰𝗿𝗼𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀
In the end, micropayments aren’t just about tiny transactions—they’re about creating a fairer, more balanced ecosystem for everyone who uses the internet. As creators, we get the chance to earn a living without having to sacrifice quality or control. As consumers, we get more freedom, more privacy, and more ways to support the things we love.
So, next time you read an article, watch a video, or enjoy a piece of art, imagine how much more meaningful your experience would be if you could support the creator directly, with just a few taps—and without losing your privacy. That’s the power of micropayments. And with platforms like Code leading the way, that future might be closer than we think.
Ready to try it out? Download Code today, explore the power of micropayments with KIN, and start contributing to the future of value creation on the web
https://play.google.com/store/apps/details?id=com.getcode
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