ScribeFire is a Firefox add-on that lets you write blog posts while surfing the web. It provides a WYSIWYG editor that works with most popular blogging software. And it's free. We've always wondered how ScribeFire plans to make money, and now we know. The team recently launched a private beta of ScribeFire QuickAds, a service that makes it easy for anyone to monetize their blogs.

All you have to to place ads on your blog is click an ad size and then choose a location on your blog where you'd like the ad to appear. When you first register your blog with QuickAds, ScribeFire will automatically add a bit of code to your blog template allowing the program to place ads in your page.

Right now ScribeFire will pass all the earnings on to web publishers, but we expect we'll eventually see ScribeFire take a cut of the action. Ads will come from a variety of networks, and ScribeFire will attempt to determine which ads will generate the highest payouts. You can also keep track of your ad impressions, earnings, and other statistics online by viewing your ScribeFire Dashboard.

As we mentioned, ScribeFire QuickAds is currently in private beta. But the first 100 people to send an email to l downloadsquad@scribefire.com will get a registration code. Everyone else can request an invitation online.

You can find out more by checking out the video after the jump.