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  • (01. January 2010., 10:27:49)

Author Topic: Pirate Bay co-founder launches social payments system - Flattr (register now)  (Read 2431 times)

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Flattr - This is Flattr

Peter Sunde, co-founder of the popular BitTorrent tracker site The Pirate Bay, has launched a new service this week aiming to revolutionize how people pay and get paid for content on the internet.

Named Flattr, the system is a word play of flatter and flat rate. Sunde explains the system has been introduced so that consumers can flatter content creators with a flat rate fee. Dubbed a "social micropayment" system, users can contribute money into their Flattr accounts and then distribute rating clicks across various sites. These ratings, like Digg, will count up how popular a piece of content is and distribute micropayments accordingly. Consumers will simply top their account up with as little as €2 and each rating they give content creators will assign a portion of their Flattr account balance. If a user places €10 into their Flattr account and then rates 10 different pieces of content each content creator will receive €1 from that user at the end of that month.

Sunde said Flattr will try to partner with large social networking sites if they are willing to. He insisted that the company doesn't want to partner with specific companies or people as Flattr will remain open for everyone to use. "We want everybody to just implement Flattr without asking us. The idea is to make it available for everybody" he said in an email to Neowin.

Sunde is known by many for his previous work. In 2003 he co-founded The Pirate Bay, a notorious Swedish website that indexes BitTorrent files. On 17 April 2009, The Pirate Bay operators - Sunde, Fredrik Neij, Gottfrid Svartholm and Carl Lundström were found to be guilty of "assisting in making copyright content available" in a Stockholm district court. Each defendant was sentenced to one year in prison and ordered to pay damages totalling $3.6 million. All the defendants have appealed the verdict and the appeal court trial is expected to begin later this year. Members of The Pirate Bay have always stated that the site will remain safe regardless of legal action, and the site still remains online to this day.

The system will be in testing for the next few weeks according to Sunde before it's available more widely. Flattr will support PayPal, Payson (a nordic payment system) and text messages as forms of payment. Sunde confirmed Flattr will add more payment systems in future.

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