“[a MediumCoin] token would also create an economy. It would attract investors, token owners would see their fortunes rise… in turn motivate more people to create content… a new cycle to beat the vicious cycle that has swallowed the internet”
“STEEM’s Smart Media Tokens allow any website powered by curation (Likes, Up-votes, add-to-favourites, etc.) to reward users for creating and curating content”
the solution to both crises facing journalism may come from the same technological root: blockchain… Sludge is one of the “first fleet” of around 20 newsrooms … on a new blockchain-based platform called Civil… Token holders will be able to vote on or challenge proposals, making the platform effectively a… community of active stakeholders participating in decisions.