[Bloter] "Rewarding Readers and Press" ... 'PUBLISH' Prevents Decline of Local Newspapers
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[Bloter] "Rewarding Readers and Press" ... 'PUBLISH' Prevents Decline of Local Newspapers

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1 year ago

[Bloter] "Rewarding Readers and Press" ... 'PUBLISH' Prevents Decline of Local Newspapers

PUBLISH, a blockchain-based news ecosystem, has gained attention as a public interest project that prevents the decline of local newspapers.

Bloter reported on the meaning of the blockchain-based news ecosystem based on a special lecture by Kwon Sung-min, the CEO of PUBLISH, at the "2023 World Journalists Conference" held on the 25th.

PUBLISH has created blockchain-based "R&E (Read and Earn)" service that rewards users with tokens (virtual assets) for reading and sharing articles. Bloter stated that "the protocol ecosystem of PUBLISH provides a potentially sustainable community and system by increasing reader loyalty and direct visits to news media" based on Kwon's statement, and that PUBLISH's reader reward system is a greater incentive for local newspapers.

Furthermore, Bloter presented examples of local newspapers <Chungcheong Today>, <Gangwon Ilbo>, and <The Scoop>, all of which are participating in the PUBLISH Alliance. Bloter proposed practical methods for enhancing the value of news by issuing not only NEWS tokens, but also NFTs.

You can check the full article through the link provided.
https://www.bloter.net/news/articleView.html?idxno=601050
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