CrowdBucks is a new payment system for the Fediverse
More developments are happening on the front to provide payment and monetization options for the Social Web. Over the past few years, there have been interesting experiments in making this possible. Mitra, notably, pioneered subscription payments by utilizing Monero. Bandwagon has also built on the concept by instead relying on integrations with traditional payment networks, starting with Stripe and PayPal. The short-lived SubClub implemented private feeds for paid access.
Introducing CrowdBucks
CrowdBucks is a new effort developed by Charles Iliya Krempeaux, better known by his online moniker, Reiver. It builds on some of the ideas previous implementations have tried, and aims to make the process as smooth and simple as possible.
“The long-term vision that CrowdBucks is a part of is to create a payments layer for the Fediverse,” Reiver explains, “obviously, it’s not the only part, there will be other projects later.”
Signing Up
Instead of forcing users to create yet another account, CrowdBucks does something really smart: you can just sign in with an existing Fediverse account.
At the moment, sign-in is limited to just Mastodon, but the plan is to gradually support a number of different platforms. Since a lot of Fediverse software implements part of the Mastodon API, I attempted to log in with both Akkoma and WordPress, but neither one seems to work yet. We opted to use a tried-and-true community instance.
After doing the Authorization dance, CrowdBucks directs users to a simple dashboard, where they are prompted to do basic setup for their page. Fediverse integration automatically pulls in profile details, including the username, avatar, header, and handle, although most of the public-facing details can be customized.
Getting Set Up
The first thing to do with your account is to set fundraising goals and donation tiers. The flow feels reminiscent of something like Kickstarter or Patreon, where rewards can be spelled out as something symbolic, something digital, or even something tangible.
Donations and Payments
Support tiers can be set up with any monthly denomination, and these get prominently displayed on your CrowdBucks page. Donors can use their CrowdBucks accounts to find a page, select a tier, and support creators and projects easily.
When a person pledges towards a Tier, they’re automatically taken to a checkout page. For the time being, the only supported Payment Processor is Stripe. Reiver has explained that this is because Stripe was easiest to implement, but the team intends to also add support for PayPal and other providers, as well as support for standards such as Web Monetization and OpenPayments.
Quick Demo
CrowdBucks was initially revealed in a brief demo at FediCon a few weeks ago, which was recorded and added alongside the FediCon Talks on PeerTube. It’s a useful insight into where Reiver is coming from, what’s being built, and ideas of what CrowdBucks could be used for.
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Open Source and Self-Hostable
“Anyone will be able to set up their own CrowdBucks server,” Reiver explains, “just like anyone can set up their own Mastodon server.”
The CrowdBucks project itself is licensed under the GNU AGPL, with source code readily available. The CrowdBucks.fund site is simply operated as a flagship instance, but the goal is to allow anyone to host their own version as part of their operational infrastructure.
“We want CrowdBucks to help pay server bills, to support developers building Fedi software, and to fund creators on the Fediverse. The whole thing is designed to be native to the Fediverse.”
Future Plans
While the project itself is still fairly young, the team is actively thinking about how to improve. One area CrowdBucks is already exploring involves the ability for the app to post to the Fediverse on the behalf of fundraisers, for example, to give credit to supporters. Another possibility might involve collaborating with Emissary to standardize pieces involving payments and private access.
This is an exciting endeavor, and might be one of the most polished attempts yet to make payments possible on the Social Web. Hopefully, existing projects will get involved, and hash out the details on how to make this as open and interoperable as possible.
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