Civil Media Company said Wednesday it will start selling a new CVL token on Aug. 13.

Civil Media is the developer of Civil, which it calls “the decentralized platform for independent, sustainable journalism” in its press release.

“By applying blockchain and cryptoeconomics to its platform, Civil seeks to introduce a radically new operating model for journalism,” the company says. “Journalists who launch Newsrooms on Civil will be beholden to their readers alone.”

According to its press release, those buying the CVL token “will pay the same price so that people who want to contribute to the development of sustainable journalism have the opportunity to do so.” Read more here.

ThirtyK Staff
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