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Fixing the Media Business on Blockchain
The journalism industry is in crisis. More than 200,000 journalists have lost their jobs since 2000, with high profile newspaper layoffs from the Denver Post to New York Daily News seemingly weekly occurrences. Ad-driven revenue streams have led to articles optimized for clicks rather than facts, and journalists, who must answer to "vulture capitalists" and other third-party owners, no longer control their own fates. Civil aims to flip this model on its head; it's a journalism platform controlled by a globally distributed network of individuals who care about promoting quality journalism. This panel will feature those who were among the first Newsrooms to form on Civil, as well as those building the underlying technology to make this model possible.
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- This panel will help to define "ethical journalism" and explain how to incentivize equality journalism.
- The panelists will discuss the real-life implications for journalists who've quit comfortable careers in media to take a chance with blockchain.
- Is Civil a viable, sustainable model for journalists? Newsrooms are betting on it as a better model for journalism.
Meghan Powers, Marketing, ConsenSys