Instant Tipping Network

The ITIP (Instant Tipping Network) is an open standard for (micro)payments built to be simple and transparent.

ITIP makes it very simple for individuals to contribute with whatever value they feel appropriate to any entry by creating a channel of intentions. These intentions are accumulated until the individual finally decides to make the payment. Receivers may collect the contributions from several individuals since these small contributions may eventually add up to a reasonable amount over time.

The process is totally transparent because the intentions, the payments and the receipts are all registered in multiple ISS channels that are crosslinked.

ISS/IM plays an important role in disseminating the entries, helping these reach the right public by word-of-mouth. ITIP, on the other hand, helps authors and developers to monetize content and software without imposing restrictions on individuals.