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PressCoin

UPCOMING 338 views
4
Total Rate

A coalition of news organizations and journalists in various parts of the world have banded together to create a cryptocurrency to sustain funding for investigative journalism. Called PressCoin, the digital currency was made to get rid of the advertising revenue model, decentralize funding sources, and upend corporate media monopolies with collaborative content that strengthens civic participation around the world. The Ethereum-based currency will be distributed to the wallets of both readers and journalists based on the level of engagement they are able to create, as measured using the Quintype content management system. Readers will receive PressCoin for generating insights from thoughtful conversation. Compensation levels for readers and journalists will be based on reputation documented and recorded in the blockchain. PressCoin publications will not allow readers to engage in comments or interact with anonymous accounts. Like De Correspondent, PressCoin will allow limited access to read its content, but to read full stories, interact with journalists, or comment on stories, users will have to pay for a subscription or make micropayments for individual stories. After the token sale, people will be able to subscribe or join the PressCoin system using fiat currency, credit cards, or online payment systems
General
Website: Visit
White paper: Read
Country: UK
Token Info
Ticker: NEWS
Platform: Ethereum
Token type: ERC20
Available for sale: 90,000,000 NEWS
Financial
ICO Price: 1 NEWS = 1 USD
Accepting: BTC, BCH, ETH, LTC, DASH, XRP, Fiat
Social Media
  • 1

    Q4 2017

    Finalize new design for INSURGE Intelligence Complete Metype development and launch beta Finalize design of core features for Next Election PressCoin launch

  • 2

    Q2 2018

    Develop and release the first version of the next generation INSURGE platform Optimize and take Metype out of beta Develop and release the first version of Next Election

  • 3

    Q4 2018

    Integrate PressCoin and CoinType for marketplace purchases and fund donation into INSURGE and Next Election Add video to first Next Election feature upgrades Complete Mojonomy system design integrated with PressCoin marketplace Conduct security audits and implement recommendations

  • 4

    Q1 2019

    Integrate crowdsourcing-based monetization features into Next Election Develop and release Mojonomy Integrate PressCoin and Karma point system to allow activity-based earning Develop advanced analytic and intelligence report features for all the platforms Move data to decentralized and encrypted storage

  • 5

    BEYOND

    Launch Zolori platform Launch ChickenSoup platform Continuously add new features based on crowdsourced feedback from users and stakeholders Launch PressCoin Financial Services Launch PressCoin Ventures

Andrew Markell

Co-Founder and Director of Partnership + Internal Process Integration

Kristin Nauth

Co-Director of Community Development Strategy

Kate Markell

Director of Community Development Strategy

Amit Rathore

Co-Founder and Director of Content + Post-Facebook Monetization Strategy

Gunther Sonnenfeld

Сo-Founder and Director of Media Strategy, Revenue + Application Development

Nafeez Ahmed

Сo-Founder and Director of Media/ Journalism Strategy + Editorial Curation

Barkha Dutt


Amit Bansal

CEO of PressCoin election journalism platform NextElection

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