As a disclaimer, I must say I am not associated with the project at all. I just stumbled across it on the internet and thought it was an interesting one.

So, as I said, I stumbled across this project called PressPay. The business model goes like this: Publications sign up for this and feature a like button at the end of each article. Meanwhile, you as a user sign up for this and pay a monthly subscription. You click the like button on each article that you like, and the subscription that you pay is shared between the publications whose articles you liked (and the platform, of course, which seems to be taking a 20% share though).

In their reasoning, they state that ad monetization is basically not covering enough of the cost, and that subscription based models are pretty much limiting free access to information.

What do you think about this press monetization model? Do you find it viable? Do you think it could actually lead to a better media quality, or are there some hidden dangers that lay ahead if this model ever becomes more widely used? Do you have something similar in your country? And most importantly, do you recommend me to try it out? 😁