WeeFee – a placeholder for The Content Economy

This is just a place to put this document (now 4 years old).

Direct link, here.

Why WeeFee?

There is no easy way to pay digital content creators directly. Current means to award cash distributions directly to a writer, blogger or videographers requires either locked-in membership / subscription (Youtube, Medium), a Patreon account or a PayPal account. And “mini/micro” payments are not possible (less than $1).

Yet, there are billions of content providers who produce quality, imbursement worthy content. These creators are locked out of the Content Economy.

What is WeeFee?

WeeFee allows consumers of content to post small increments of payment to the managed accounts of content creators. Providers of content host WeeFee API script logic which allows consumers of content to send cash increments through the WeeFee platform.

Both consumers and providers of content are required to be registered as WeeFee account holders.

  • Did you like that article? Click the WeeFee button for the article.
  • Did you write a comment that folks enjoyed? People could click the WeeFee button for your comment.
  • Did you write a quality review of a movie, book or restaurant? Folks could pay you for your thoughtful commentary.
  • Did you like that OpEd? Pay the writer directly by clicking the WeeFee button.

The money model:

  • WeeFee.me can be modeled as a bank.
  • WeeFee accepts deposits into accounts.
  • WeeFee charges a fee to transfer funds from account to account.
  • WeeFee charges a fee to withdraw funds from accounts.
  • WeeFee provides an API to allow branches (content providers) to enact transactions.

10 thoughts on “WeeFee – a placeholder for The Content Economy

  1. Weeinput: I haven’t read the entire article yet…but I imagine the actual dollar amount an unknown content creator would receive would be miniscule…however, I can’t speak for the motivation generated by even receiving a penny, a dime…$5.00 from the void of the internet….hell, $5.00 pays for a cappuccino where I could go write…who knows? Great idea…but let me finish reading…

    Liked by 2 people

  2. From a substack article:

    Arif Latif liked your (AM’s) comment

    AM: All of these venues will remain part of the Subscription Economy until the revenue model is created that allows fully distributed collection and distribution of micro-payments for content.
    I like to call it the Content Economy.
    Sometimes I write useful comments. Would it be nice to allow someone to send me a nickel as a tiny gratuity? I’d sure like to send some commenters a dime or $.25 for great feedback. Hey, like a short story? Send me $.50. Like a tweet? Send me a penny. Hey, I read an indie-book from the library, sure, I’ll find the author’s micropayment page and send them a dollar or two.
    The company that figures out the economic model (a bank/crypto) for paying everybody and allowing everybody to receive payment for content (stories, comments, videos, images, whatever) will set the stage for how we all get paid in the Content Economy. And of course, that company will make $ by taking a fractional cut.

    Oh, and if you LIKE this comment click the [$01] button down below.

    Like

  3. From Alexis on substack:
    You might like Free2z, it’s based on zCash, a Crypto asset. But if you don’t mind trying. You can post your content and receive donations via P2P straight to your wallet.

    Like

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