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Hello! I'm an engineer at Civil. While our TCR will not solve the economics of journalism on its own, we believe it will help provide transparency into the inn
by okay_nick 8y ago
Hello! I'm an engineer at Civil.
While our TCR will not solve the economics of journalism on its own, we believe it will help provide transparency into the inner workings of newsrooms and increase media literacy in ways that could encourage more people to fund journalism organizations. Furthermore, we think it can vastly improve discoverability especially for smaller (but still ethical and reliable) news organizations.
From there, it's about giving newsrooms tools to run and monetize their business how they want. For some this might look like traditional newspaper subscriptions, for others we might see more experimental monetization schemes that are only feasible on the blockchain (such as bounties).
-- Nick Reynolds
p.s. - Have you looked into TCRs generally? There's a fair amount of overlap with prediction markets, you might be interested in learning more about the incentive system.