Blockchain technology makes micropayments finally practical. This enables entirely new business models based on pay-per-action instead of subscriptions.
What Changed?
Transaction costs on traditional systems made micropayments uneconomical (payment processing cost exceeded payment amount). Layer 2 blockchain solutions now enable frictionless micropayments.
Applications
- Pay-per-use cloud resources
- Content monetization (pay per article)
- Data sharing and monetization
- API usage (pay per call)
- Attention rewards
- Bandwidth and storage sharing
Advantages
- No subscription commitment
- Pay only for what you use
- Creators earn from all interactions
- Fair value exchange
- Global, permissionless
Platforms Enabling Micropayments
Lightning Network, Polygon, Arbitrum, and other Layer 2 solutions make micropayments practical.
Future Models
As micropayments become ubiquitous, entire new categories of services become viable. Imagine paying only when you actually use something.
Keywords: micropayments, blockchain payments, crypto transactions, payment processing