Civil, the high-profile, blockchain-backed attempt to nurture nascent digital news sites, is shutting down. It’s “the end of Civil,” he said. Iles and his seven-person tech team will be folded into Civil’s … Read the rest
Civil’s goal for their first token sale: Sell 34 million CVL tokens for between $8 million and $24 million.
The sale began on September 18 and concluded Monday night, October 16.
1,012 buyers purchased $1,435,491 worth of CVL tokens. Since … Read the rest
It’s no secret that the economics of 21st century journalism is in trouble.
Hari Sreenivasan from PBS in NY explores an attempt to use blockchain for the purpose of solving two major issues with modern journalism:
- The growing trust gap
Civil.co describes itself as “The Decentralized Marketplace for Sustainable Journalism.”
Its mission is “to help power sustainable journalism throughout the world.”
“We believe in a new approach that takes advertisers and other third-party interests out of the equation, enabling journalists … Read the rest