MG.Social
Grant for the Web
79 000 USD
Total amount committed
- Location: United States
MG.Social is a live and fully functional, ad-free, Web Monetized social network (micro-blogging) platform. The business model of MG.Social is built around the revenue generated by integrating the Web Monetization standard into the platform and requiring a Web Monetization provider subscription (Coil) for access. For content creators, the advantage of the platform is the ability to easily monetize and receive instant compensation when their content is consumed by Coil subscribers on MG.Social. The advantage for content consumers is the ability to directly support creators as they consume that creator's content, advertiser-free. The nature of a micro-blogging platforms leads to users that tend to both create and consumer content, allowing them to obtain both benefits.