highly recommend you read Ted Nelson's original stuff from the 60s on hypertext and micropayments. He had a similar system except it also allowed for quotation and applied to all content. Ted's stuff won't help you build it but it might help solidify the ideas?
On 12/01/2009, at 5:50 AM, Milt Lee wrote: > That article was excellent. I've been contemplating a technology that > would make all this happen much sooner. Suppose (and I'm sure many > people have) that you had a system where folks could give you a few > cents every time they looked at a video. > > Let's say you have a site with 10 videos that anybody can watch, and > then you post 20 or 30 or 100 more that it costs anywhere from 1 cent > to 10 cents ( or more) for people to watch. And on your site you have > a little button that takes folks to another site where they buy > credits - $ 5.00 or $ 10.00 at a time. Then they come back to your > site, and click on a video that they want to watch, that costs 2 > cents. They watch it and they are happy, and you've made two cents. > > Now when you reach a certain threshold - say $ 10.00, the "Flick Bank" > deposits the money in your paypal account. You can let it gather if > want. (Maybe the Flick bank pays interest??) > > The way this starts is that somebody puts together the Flick Kicks > Bank, and starts signing up artists. Then Flick Kicks starts > promoting the idea that people should get paid for their work. > > The problem that has held this back - that has stopped this process of > mini-micro payments is that up until now, merchant account or Paypal, > have charged $ .30 a transaction plus 2.7%. With this new system, > Flicks has to pay for the transaction - but only once. So even though > $ 5.00 represents 200-250 transactions, there's only one charge at the > beginning and one that the artist pays, when they get their money. > > Anybody want to help me build this? cheers Adrian Miles adrian.mi...@rmit.edu.au bachelor communication honours coordinator vogmae.net.au
