Published
5 years ago on
September 25, 2018
“For decades, people have discussed the potential of micropayments to support content creators that would move us away from the broken ad-supported web. Others have created subscription services that bundle content. But micropayments and subscriptions have always been built as closed systems, which fail to capture the huge variety of content on the web.â€Is Coil the next big use for XRP? Possibly so. Coil is giving XRP a whole new use case, one that will push XRP as currency into the hands of content creators. Once more people start to subscribe to Coil and more XRP is moved around as a result of it, the value of XRP and most importantly - XRP’s market cap will benefit massively. With XRP in the hands of more people, further trades and transfers can be expected. Coil could well spearhead a whole new ecosystem for XRP, moving it away from its current association as a tool for the banks and bringing it closer to the mainstream audience it is dying to reach out for. References Forbes
