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 <p class="is-style-lead">Decrypt has signed a letter of intent to <a rel="dofollow" title="merge" href="https://thebittimes.com/tag/merge.html">merge</a> with Rug Radio to double down on web3 content.</p> 
 <p>Crypto media <a rel="dofollow" title="website" href="https://thebittimes.com/tag/website.html">website</a> Decrypt is set to <a rel="dofollow" title="merge" href="https://thebittimes.com/tag/merge.html">merge</a> with Rug Radio, a decentralized content creator platform, to create a joint venture on Arbitrum aimed at boosting web3 content, </p> 
 <p>According to a report published on Dec. 10, 2023, the agreement will allow Rug Radio’s select community members the opportunity to “craft editorial content on a wide range of topics in collaboration with Decrypt’s editors.”</p> 
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    <p lang="en" dir="ltr">We are excited to announce that we will be merging with @decryptmedia and integrating them into our ecosystem. pic.twitter.com/Uz8TlQUMTG</p>— Rug Radio (@RugRadio) December 10, 2023
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 <p>Decrypt’s editorial team will also get access to Rug Radio’s creator platform, and plans in partnership with Arbitrum to build an “ad-tech network.” According to Axios, the alliance will be chaired by Josh Quittner, the current head of Decrypt. The both companies have signed a letter of intent, while the <a rel="dofollow" title="merge" href="https://thebittimes.com/tag/merge.html">merge</a>r is expected to be completed by the end of January 2024.</p> 
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   <img decoding="async" width="918" height="505" src="https://cdn.thebittimes.com/images/2023/12/11/1c595a1ee3007f84671021c1837630c2.webp" alt="Crypto news website Decrypt merges with Rug Radio - 1"> 
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   RUG price in USD over the past seven days | Source: CoinMarketCap
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 <p>Rug Radio’s utility token RUG experienced a short jump in daily trading volume, from $0 to $962, following the news, according to CoinMarketCap. As of press time, RUG is trading at $0.031.</p> 
 <p>After the <a rel="dofollow" title="merge" href="https://thebittimes.com/tag/merge.html">merge</a>r, the joint venture is planning to issue a token to “nurture a sustainable, participatory, and equitable media environment.” Nina Rong, Head of Ecosystem Development at Arbitrum Foundation, said the layer-2 network will “support the various programs offered by the media group.”</p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/crypto-news-website-decrypt-merges-with-rug-radio-tbt73263.html">https://thebittimes.com/crypto-news-website-decrypt-merges-with-rug-radio-tbt73263.html</a></p>

Crypto news website Decrypt merges with Rug Radio

TheBitTimes

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