This Startup Is Trying To Fix Journalism By Putting It On the Blockchain

This Startup Is Trying To Fix Journalism By Putting It On the Blockchain

“Civil wants to be a platform where independent newsrooms can foster direct relationships with their readers, who can have a real stake — in the form of cryptocurrency —in supporting publications they trust.

It’s an ambitious project with a lot of moving parts, but the experiment is already underway. Back in October 2017, the Brooklyn-based company received $5 million in funding from blockchain platform ConsenSys, and expanded its operations to 24 full-time staff members. Now, with its token launch (what others in the same position might call an ICO or Initial Coin Offering) slated for August 13, more people are going to have to ask themselves: will it work?

Here’s how it’s supposed to work…”

https://futurism.com/civil-journalism-news-blockchain/

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https://futurism.com/civil-journalism-news-blockchain/amp/