Chapter 7: A New Frontier for Journalism?
The time has come. Civil, the blockchain startup for journalism, made its big announcement: members of the public can now register to buy its digital currency, the CVL token. But Manoush and Jen are surprised by the strict parameters Civil has set for the sale. What do these restrictions mean for their finances? Will people go through Civil’s rigorous process to buy tokens? Maybe...but only if they’re absolutely convinced that the ethics of the platform are worth supporting. Enter Vivian Schiller, ex-CEO of NPR, now head of Civil’s Council, enforcer of its Constitution, and the most public face of the platform. GO DEEPER: Civil wants people to read this FAQ section and answer a questionnaire before registering to buy CVL tokens. The Wall Street Journal got the scoop. Token Foundry weeds out sellers and buyers who just want to make a fast buck. How to launch a newsroom on Civil. Vivian Schiller just introduced the first Civil Council members. CVL’s token design is based on a framework developed by the Brooklyn Project, an initiative to promote responsible token exchanges. Time to know the difference between cold and hot wallets. Who you’ll hear: Manoush (@manoushZ) Jen (@jpoyant) Matthew Iles (@matthewiles) Vivian Schiller (@vivan) Support our work at https://zigzagpod.com/donate/ — Produced by Stable Genius Productions Follow ZigZag on Instagram and Twitter: @ZigZagpod ZigZag is the business show about being human. Join a community of listeners riding the twists and turns of late-capitalism, searching for a kinder, more sustainable way. Manoush Zomorodi and Jen Poyant investigate how work and business impact our wellbeing and the planet we live on. On Seasons 4 and 5, hear from rebels and visionaries with radical ideas on how we can build stable lives, careers, and companies. If you’re also interested in Jen and Manoush’s personal story and their adventures in starting their own business with a little help from blockchain technology, listen to the first three seasons, starting with Season 1, Chapter 1.