Coil

Coil

Discontinued Unverified
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Discontinued. This listing is kept in OSS.Fund for reference, but the platform no longer appears active.

Coil was an ambitious attempt to fund creators and publishers through streaming micropayments rather than ads or traditional subscriptions, using the Web Monetization standard. The service shut down in 2023, but it remains an important historical example of alternative creator revenue infrastructure on the web.

Area Revenue
Category Content
Official websitehttps://coil.com/
OrganizationCorporation
Open source statusClosed source platform built on an open standard
Platform technologyClosed source platform built around the Web Monetization standard
Monetization modelSubscription-funded streaming micropayments for creators
Payment methodsUSD payouts, wire, ACH, and XRP-era wallet support
Platform feesCoil charged users a flat $5 monthly membership; creators were paid from streamed consumption rather than charged a platform listing fee.
User activityBefore sunsetting in 2023, Coil publicly operated a $5 monthly membership and a creator-payout network built around Web Monetization.
Evidence
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