THE COINTELEGRAPH | News Business Is Broken But Blockchain Can Save It

Changing the woeful business trajectory for news publishing through Blockchain auditing and growth building markets is the ambitious goal of PressCoin’s NEWS cryptocurrency. But is the news industry ready for crypto-disruption? Why haven’t digital news publishers been able to innovate past their ever shrinking advertising yields? And most importantly, what is the economic opportunity for investors?

We talked to PressCoin designer Amit Rathore and asked him how PressCoin’s crypto-economy intends to change the news game and create wealth.

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Amit Rathore
THE COINTELEGRAPH | Disruptive $100 Bln Crypto Ecosystem For Global News, Using Blockchain to Compete With Titans

Over the past decade, the news industry has stagnated. The “Facebook and Google are killing our business model” explanation has become a mantra for an industry that has failed time and again to find a response to disruptively competitive new digital advertising models. Google and Facebook now dominate online marketing, earning over 50 percent of total revenue, and now even publishers who can grow readership rapidly are not able to reach profitability.

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Amit Rathore
BITCOINIST | PressCoin vs Civil, Steemit, WikiTribune, and De-Correspondent

It is worth noting at the outset that PressCoin has stated that it unequivocally supports all initiatives to fix the news industry and will be keen to assist and partner will all these exciting initiatives. Two of these initiatives, Civil and Steemit are cryptocurrency based.

Interestingly all these new innovations have social interaction built into them, lessons which appear to have been learned from the social networks. This is also a feature of PresssCoin.

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Amit Rathore
THE NEXT WEB | PressCoin: The largest crowdfunding effort to address the news crisis

Amit Rathore, the designer of the PressCoin ecosystem is on a mission to save the news industry from itself. A serial entrepreneur based in Silicon Valley, Rathore launched a cloud-based multi-channel publishing startup in 2014. The following year, he moved into the Blockchain/crypto space. With PressCoin he is bringing these two worlds together to take on the platform giants on behalf of independent news publishers.

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Amit Rathore
CRYPTO COIN NEWS | PressCoin Opens World’s Largest ICO for Blockchain-Based Global News Media and Elections Ecosystem

PressCoin’s ICO which opens today is the largest crowdfunded project for independent news media ever attempted. And it is needed. Trust in news media is at all time low globally. And democracy is failing because of it. Over the past 10 years, many solutions have been promoted to solve the news crisis, but all have failed. PressCoinis different than anything tried before. It is the first solution designed to grow organically and virally cure the disease that is killing the global news industry.

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Amit Rathore
PressCoin: Το ψηφιακό νόμισμα των δημοσιογράφων

Ένας ευρύς συνασπισμός ειδησεογραφικών οργανισμών και δημοσιογράφων από διάφορα μέρη του κόσμου συνενώθηκαν με σκοπό να δημιουργήσουν ένα κρυπτονόμισμα για να στηρίξουν τη χρηματοδότηση της ερευνητικής δημοσιογραφίας.

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Amit Rathore
PressCoin, una criptomoneda para salvar al periodismo

Día tras día surgen noticias en torno a las criptomonedas más populares y conocidas, Bitcoin y Ethereum, pero no son las únicas que existen. Ahí están Litecoin, DeepOnion, Namecoin, SwiftCoin, Monero, NEM, Ubiq y otras tantas. Monedas digitales que se conciben con un propósito general, para poder ser usadas en cualquier situación, o centradas en un ámbito particular, como es el caso de PressCoin.

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Amit Rathore
PressCoin is a cryptocurrency for investigative journalists and their readers

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.

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Amit Rathore