Open Monetisation Platform (Round 5)

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Lithuania Project type: large DELFI

Summary

Open Monetization Platform is a new ecosytem for sustainable, high quality paid content for Lithuanian society, connecting together three parties: preminum content readers, premium content creators and media publishers. The project team believe that journalism, financially supported by readers, will postively impact the modern online media environment and provide consistent revenue streams for suffering premium content creators.

The solution

Currently, professional high quality content creators, such as independent authors or publishers of print magazines, struggle to generate sufficient revenues through the advertistng supported monetisation model. Open Montisation Platform aims to collect premium quality content from multiple creators and serve it in a highly personalised manner to the broad DELFI audience. The platform will provide a possibility for their readers to directly support high quality journalism, by seamlessly purchasing stories and consuming them in a distraction free environment available on any device.