This is pretty cool my biggest problem with micropayments is friction when browsing and friction for managing subscriptions. Integrating it into the browser should make it much more automatic.

It’s kind of a chicken and egg problem where publishers wont benefit until readers have it and vice versa. I hope this grant results in a killer app that generates some critical mass for the standard.

The founder of Coil is from Ripple cryptocurrency. For more information check out http://coil.com and the payment request standard here http://www.w3.org/TR/payment-request/