I think I can explain the Civil proposition but I'm not associated with the project or Consensys so I may be incorrect / plain wrong.
It starts with a Token, a Token Curated Registry and micro-payments / paywalls..
The token has a double purpose:
- Allows token holders to vote on which news sources should be in the Civil registry (ie, the trustworthy news sources).
- Allows token holders to pay for content using micro-payments to access articles (ie, think Brave browser and Metamask enabled paywalls)
The token curated registry is basically a whitelist of news sources/ agencies / newsrooms that are trusted by the token holder community + this organisation dubbed the "Civil Council" (veteran news and media people associated with the project) consider to be trustworthy in their reporting / fact checking etc.
The plan seems to be for people who consume media to pay for content deemed to be of high quality by accessing the traditional sites / platforms (ie, unlike FB the plan is not to make a profit by aggregating other people's work in your own platform) with a type of "paywall" that requires a payment in civ tokens.
Hope this helps, but if anyone wants to discuss the cryptoeconomics of TCRs and how this primitive can improve the signal/noise ratio in polling or voting systems... let me know :-)
It starts with a Token, a Token Curated Registry and micro-payments / paywalls..
The token has a double purpose: - Allows token holders to vote on which news sources should be in the Civil registry (ie, the trustworthy news sources). - Allows token holders to pay for content using micro-payments to access articles (ie, think Brave browser and Metamask enabled paywalls)
The token curated registry is basically a whitelist of news sources/ agencies / newsrooms that are trusted by the token holder community + this organisation dubbed the "Civil Council" (veteran news and media people associated with the project) consider to be trustworthy in their reporting / fact checking etc.
The plan seems to be for people who consume media to pay for content deemed to be of high quality by accessing the traditional sites / platforms (ie, unlike FB the plan is not to make a profit by aggregating other people's work in your own platform) with a type of "paywall" that requires a payment in civ tokens.
Hope this helps, but if anyone wants to discuss the cryptoeconomics of TCRs and how this primitive can improve the signal/noise ratio in polling or voting systems... let me know :-)