Flattr is a new startup with an inovative business model, coming out of Sweden. In fact it’s the brainchild of a group of people formerly associated with The [infamous] Pirate Bay, including Peter Sunde Kolmisoppi. It’s highly ironic that Flattr has sprung from a similar group that refused to pay for content, like movies. But Flattr just might work because there are already signs that the micropayments startup is getting grass-roots traction – and it’s still only in closed beta. Flattr is reminiscent of Digg or perhaps Facebook Like buttons – but this time with real money. That could make things very interesting.
According to one blogger he has had €875.89 for the month of June from Flattr and the amount has increased steadily upwards. Plus Flattr (as in flattering someone and a flat-rate payment model) is already in use by two major German newspapers, completely unprompted: taz.de and Freitag.de
There are also lists appearing of people appearing who are starting to make actual money. Admittedly these are small amounts, but that fact it’s even happening is interesting. Flattr has competition in the form of Kachingle but it’s fair to say the latter is not getting quite the same amount of buzz.
So how does it work?