Join Our Mailing List
Monday May 29, 2023
Bitcoin (BTC) $28,131.54   Ethereum (ETH) $1,909.95
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Distributed Ledger Technology

Alpha of blockchain powered Decentralized News Network goes live

Published by CryptoNinjas.net
07/11/2017

The alpha version of the Decentralized News Network (DNN) flagship political news platform is now live. DNN is a news project powered by digital currency incentives for individuals to create, review, publish and consume fact-based information. Cryptographically secured by blockchain technology, the network relies on a community of inspired writers and editors to produce fact-based political content.
Cryptographically secured by blockchain technology, the network relies on a community of inspired writers and editors to produce fact-based political content. Participants can now use DNN tokens to participate in reporting, writing, editing and publishing unique and fact-based articles about the U.S. political scene in a test environment.
For the alpha test, the DNN platform is available for use on the Kovan Testnet. Trial users will have to install MetaMask before running DNN. MetaMask enables the use of DApps, or decentralized applications, in traditional web browsers like Firefox and Chrome.
In exchange for Kovan Ether, users will be given a small amount of DNN tokens that can be used to participate on the network.
On the decision and motivation to start the project, the DNN team stated:

“Our primary motivation came during the recent U.S. presidential election. The more we looked at how the mainstream media behaves, as well as the outrage over ‘fake news,’ the more relevant we figured something like DNN could be. A lot of people make statements like ‘the news is broken,’ and in many ways, the process behind news creation is in need of repair.”
“Many big media companies are backed by corporate interests and tend to favor click-rates and profits over trustworthy content. When you combine that with the sheer scale and power of social media, the news has become distorted.”
“So, we figured a project like DNN could potentially serve as a template for different forms of news creation where the people own the platform and are incentivized to contribute to it by being rewarded tokens for their actions (i.e. writing an article, reviewing an article). This deviates from the traditional media model of ownership, reader subscriptions, and ad revenue.”

More information on the project is available in the white paper.

19
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

No Content Available
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
Token.io launches new spin-out company focused on digital money solutions

Token.io launches new spin-out company focused on digital money solutions

12/10/2019
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
Crypto exchange Deribit to launch zero-fee spot trading

Crypto derivatives exchange Deribit to launch zero-fee spot trading

04/20/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy