Getting started with web monetization in React

import { useEffect, useState } from 'react';

export const useMonetization = () => {
    const [isMonetized, setIsMonetized] = useState(false);
    const [isLoading, setIsLoading] = useState(true);

    useEffect(() => {
        if (!document.monetization) {
        // This means this user doesn't have monetization capabilities
        // i.e. they don't have the Coil extension installed on their browser
            setIsLoading(false);
            setIsMonetized(false);
            return;
        }

        // Note: A user could have monetization capabilities (i.e. installed Coil)
        // but that doesn't mean they've actually signed up for an account!
        const { state } = document.monetization;

        // If the initial state is 'stopped', we can assume the user isn't
        // going to pay, and so we can stop loading
        if (state === 'stopped') {
            setIsLoading(false);
            setIsMonetized(false);
        }

        // We add a listener to wait for the user to start paying
        document.monetization.addEventListener('monetizationstart', () => {
            setIsMonetized(true);
            setIsLoading(false)
        });

    }, []);

    return { isMonetized, isLoading };
};

const { isLoading, isMonetized } = useMonetization();

if (isLoading) {
    // Return a spinner
} else if (isMonetized) {
    // Show exclusive content
} else {
    // Let the user know there is exclusive content available
}