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Is it standard to make each user sign up for a third party API key?

I want to make a desktop application which will need to use a third party REST API to get information. However, the number of requests is limited by the API Key. If I use one API key for all users, the request quota will be exhausted really fast. Now, is it standard (and legal) to make each user sign up for his/her own API key? How are API keys used in context of open-source projects?

To generate the API key, I want to make a sign up form within the application, where the user puts in his/her information and the application sends those information to the third party web site to get an API key. Does that sound right?


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