Columbia Journalism Review Partner Pack Wants to Use Crypto to Save Media … Again10

Some of the highest-profile blockchain projects to date have made it their mission to transform the way journalism and other content is monetized on the web. Civil has proposed a gamified system that would let readers punish newsrooms for spreading misinformation. Brave wants to use a token, BAT, to align the interests of readers, publishers, and advertisers. And Steemit, the granddaddy of them all, turned social “likes” into a form of currency.

There have been serious challenges for these efforts, but a new contender is entering the ring. Pack, based in New York, wants to use crypto-based payments and smart contracts not only to make real journalism more sustainable, but to create communities that both add value and keep the people managing those communities accountable.

Original source
https://breakermag.com/columbia-journalism-review-partner-pack-wants-to-use-crypto-to-save-media-again/

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