Monday, June 18, 2018

Goodbye, Denver Post. Hello, Blockchain. -- NYT

All the local news that's fit to ICO; tangentially, see The SEC Will Leave Good ICOs Alone (Bloomberg)
"The new publication will have a conventional website whose data will be written permanently into the secure digital ledger known as the blockchain. Expenses for the fledgling outlet will be covered by a grant from Civil, whose sole investor, for now, is ConsenSys, a Brooklyn-based blockchain software technology company founded by the Canadian entrepreneur Joseph Lubin. Mr. Lubin is also a co-founder of the Ethereum, a virtual currency and blockchain database company. As part of its plan to fund new media entities, Civil plans to unveil a new token this summer called CVL.
People who purchase the CVL token, a form of cryptocurrency, will have a say concerning the projects hosted by Civil — meaning that they can vote on whether one of its websites violates the company’s journalism standards, which are outlined in the Civil Constitution."
Goodbye, Denver Post. Hello, Blockchain. -- NYT

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