Ask HN: Please create a YouTube-red-style micropayments startup
The biggest problem with micropayment systems is that a user has to make a conscious decision to pay every time he wants to read an article or watch a video. And the biggest problem with websites having payed subscriptions is that a person has have to manage multilple payed subscriptions, also usually subscribing to one website isn't worth it.
I think, the solution is to create a universal yourube-red-syle micropayments system:
Users can pay for a $10/month subscription, that gives them access to premium content on multiple websites. Then this money is shared between the websites the user is subscribed to, in proportion to the amount of time they spend on them.
Some features it needs to have:
- It should be possible to use this system to get access to the content behind the paywall, or just to the ad-free version of the website. Maybe there also needs to be a 3rd option, where money is shared between all the websites the person is visiting, as a donation.
- It should be possible to share revenue between the platform and content creators, for example a platform like medium should be able to take 10-20% of revenue, and give the rest to the authors.
- It should be convenient to join this network, and it should be easy to get access to the premium/ad-free version of the website, ideally in one click.
What are your thoughts? What problems could this system face? Do you know anyone working on it?