Coil

Coil is a United States-based company founded in 2018 and headquartered in San Francisco, California. The company employs 15 people and generates revenue exceeding $10,000. Coil operates within the internet sector, focusing on developing innovative solutions for content monetization. Coil's primary mission is to empower creators, publishers, and platforms by providing alternative monetization models to advertising and traditional subscriptions. Their platform utilizes Web Monetization, an open web standard, to facilitate real-time micropayments to creators and websites. Coil Members contribute to this ecosystem by enjoying content, thereby enabling creators to earn directly from their work. Beyond its core platform, Coil actively promotes the advancement of open, fair, and inclusive web technologies. In 2019, Coil, alongside Mozilla and Creative Commons, launched the $100 million Grant for the Web, dedicated to fostering innovation and development within the Web Monetization landscape. Additionally, Coil demonstrated its commitment to supporting creator communities by investing $20 million in Imgur, a popular entertainment platform with a vast user base. Coil's website, coil.com, serves as the primary portal for accessing information about their platform, initiatives, and partnerships.