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Topic: [ANN] PRESSCOIN ICO: cryptocurrency to stimulate independent news & journalism - page 2. (Read 1281 times)

sr. member
Activity: 322
Merit: 250
Any escrow for your ICO?
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Merit: 10
CAT.EX Exchange
any bounty campaign or airdrop sir ?
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WBVC - fearless approach to investing
PressCoin is a new crypto-infrastructure that fundamentally redesigns how to create, design, fund, market, and deliver news and journalism.

HOME: https://www.presscoin.com
TEAM: https://www.presscoin.com/who/
WHITEPAPER: https://www.presscoin.com/whitepaper/
 
ICO opens: 12.11.2017
The ICO will run for a total of 28 days.

PRE-ICO opens 11/22.
Learn more: https://ico.presscoin.com

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 traditional media industry represents one symptom of the logic of extraction. Representing a heavily concentrated network of interlocking companies, tied to powerful business, defense, technology, fossil fuel, and other interests, the journalism produced by this industry did not necessarily represent ‘quality journalism’.

Numerous studies show that firstly, this system often produces narratives amenable to those business, defense, technology, fossil fuel and other interests; and secondly, the quality of reporting on major issues – such as financial crisis, climate change, and global poverty – has consistently been inaccurate and misleading. Worse, on foreign policy and national security, mass media journalism has often parroted propaganda in service to overlapping state and corporate interests. In other words, the traditional media has often been a major institutional promulgator of Fake News.

*Media Coverage*
VentureBeat: https://venturebeat.com/2017/11/16/presscoin-is-a-cryptocurrency-for-investigative-journalists-and-their-readers/
RT: https://www.rt.com/business/410318-presscoin-cryptocurrency-investigative-fake-news/
NY Times: coming soon
WSJ: coming soon
Insurge @Medium: https://medium.com/insurge-intelligence/we-are-using-the-blockchain-to-give-the-media-back-to-the-people-join-us-9a8f2953f589

*Official Social Media Handes*
TWITTER: https://twitter.com/realpresscoin
INSTAGRAM: https://www.instagram.com/presscoin_news/
FACEBOOK: https://www.facebook.com/PressCoin-830394353804009/
LINKEDIN: https://www.linkedin.com/company/presscoin/

*Token Details*
A total of 100,000,000 NEWS tokens will be issued, for a total of 100m USD.
Each token is valued at $1.
This represents 40% of PressCoin GmbH.
This puts the projected total post-ICO valuation of PressCoin at 250m USD.
NEWS tokens are ‘equity’ tokens, meaning they represent an actual share of the PressCoin company.
Token holders have the right to object to the board, and PressCoin GmbH will eventually be transitioned into PressCoin PLC

*Roadmap*

Q4 2017:
• Finalize new design for INSURGE Intelligence
• Complete Metype development and launch beta
• Finalize design of core features for Next Election
• PressCoin launch

1H 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

2H 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

1H 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

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
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