Hacker Noon Raises $1M From Former Ripple CTO for Content Micro-Tipping

[Nostoman]

Hacker Noon’s 4 million monthly readers are about to get a taste of crypto-powered micro-tipping firsthand.

The tech publication has closed a $1 million strategic investment from micropayments firm Coil, a blockchain-agnostic product built on the Interledger protocol and headed by former Ripple CTO Stefan Thomas.

The terms include a three-year partnership between the Colorado and San Francisco-based firms, including the use of Coil’s Web Monetization technology.

“Avoiding something like a paywall with a microtransaction is extremely valuable,” Hacker Noon founder and CEO David Smooke in a phone interview with CoinDesk.
Source: https://www.coindesk.com/hacker-noon-raises-1m-from-former-ripple-cto-for-content-micro-tipping