Denver Post Journalists, Editor Ditch Paper to Start Blockchain-Based Publication
Denver Post Journalists, Editor Ditch Paper to Start Blockchain-Based Publication: A crew of writers and editors from the Denver Post are fed-up with a work environment in decline and a change of management. So they decided to start their own online publication with assistance from Civil, a ConsenSys-backed project. The Colorado Sun hopes to become “a community-supported, journalist-owned team focused on investigative, explanatory and narrative journalism for a state in the midst of a massive evolution.” To achieve this goal, it will use Civil’s blockchain to store data, run on an ad-free revenue model, and will rely on subscriptions and local support to subsist. The publication has a Kickstarter campaign that has already superseded its goal of $75,000.
Crypto At A Glance
A group of journalists and editors formerly of the Denver Post have left to start a new blockchain-powered local Colorado news outlet, The Colorado Sun.
Former Denver Post reporters and editors plan to launch a new local media outlet in partnership with ConsenSys-backed blockchain startup Civil Media Company, The New York Times reports today, June 17.
According to the Times, the group left The Denver Post to create a new local state online newspaper, The Colorado Sun, after newsroom layoffs and deteriorating morale following newspaper’s change in ownership. New York hedge fund Alden Global Capital took control of The Denver Post after acquiring its parent company, MediaNews Group, and manages it through a subsidiary, Digital First Media, the Times reports.
The Colorado Sun will use blockchain technology via Civil to store data, with initial funding via a grant from Civil, the Times reports. Once the new outlet is up-and-running, The Colorado Sun intends to be “a community-supported, journalist-owned team focused on investigative,
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