Grant for the Web to Make the Fediverse More Sustainable, Democratic, and Fun

Evan Prodromou @evanprodromou@socialwebfoundation.org

Thanks to the Interledger Foundation for their generous Grant for the Web to the Social Web Foundation. With the help of ILF, we are launching a new program area focused on economic issues on the Social Web. In particular, we'll be producing three reports: one on sustainability for social web instances; one for the Fediverse and the creator economy; and one for cooperatives on the Social Web. In addition, we'll be engaging multimedia Fediverse apps for using the Web Monetization standard. You […]

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If you have a fediverse account, you can quote this note from your own instance. Search https://socialwebfoundation.org/?p=99982 on your instance and quote it. (Note that quoting is not supported in Mastodon.)

silverpill @silverpill@mitra.social
Public

Ripple/XRP (a cryptocurrency company) just granted 200k USD to Social Web Foundation, "...to research sustainable revenue and operating models for digital publishers and community-run platforms":

https://interledger.org/news/interledger-foundation-awards-200000-social-web-foundation-support-decentralized-social-media

This means they will be able to influence the development of the ActivityPub specification at W3C.

For those who don't know: Interledger, WebMonetization and OpenPayments are basically the same thing, these projects were created by Ripple ~10 years ago in order to insert their cryptocurrency and related payment services into web standards. These projects are sometimes presented as independent, but this is a lie, they are not (not in 2019, not in 2025).

Needless to say, Ripple itself is a borderline scam: https://www.forbes.com/sites/jasonbloomberg/2019/03/01/is-ripple-a-scam/. It's not even a cryptocurrency really, their infrastructure is completely centralized and no one in cryptocurrency space takes them seriously. But they have a lot of money to bribe people, so I am sure that we will hear more about their adventures soon.

RE: https://socialwebfoundation.org/?p=99982

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