Monday, June 18, 2018
Startups use blockchain technology to fund new small newspapers
After layoffs from the cost-cutting hedge fund that
owned the Denver Post, some journalists and editors are forming their own
newspaper, the Colorado Sun. Jaclyn
Peiser reports in the New York Times Monday here.
They are assisted by Civil Media Company, which will use
blockchain technology and its own crypto currency to start over 1000
publications, the story reports. People who purchase their currency tokens gain voting interests in the media companies.
Civil’s site, “the decentralized marketplace for
sustainable journalism”, is here. The
Kickstarter site for the Denver operation is here.
It will take some more study to see how this works and
whether it could apply to what I do.
Wikipedia attribution link for Denver skyline by
Hogs555, CCSA 3.0 My own last visit was
in 1994. There is actually a Quebec street near the airport.
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