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Articles tagged cryptocurrency (6)

Five months after its failed token sale, Civil is back with a revised, streamlined process. If you’re not an experienced cryptocurrency trader, though, it’ll still take you a while.
Because Civil’s token sale flopped last month, a lot of its journalists haven’t been given the compensation they were led to expect. But even if it does eventually arrive, will it be worth…anything?
“For those who purchased tokens, first of all, thank you. We’ll offer full refunds.”
“I would love to see us as a broader journalism community, people who care about sustainable and quality journalism, harness the power of new technologies rather than be the victims of it.”
The Nieman Lab staffers failed. So did Manoush Zomorodi, a cofounder of one of the new Civil-backed newsrooms that’s leaning on the promises of the company’s forthcoming cryptocurrency sale in August.