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About PUBLISH (NEWS)
What is PUBLISH (NEWS)?
PUBLISH is a pioneering technology media company founded in 2018 with the mission to address the significant challenges facing modern journalism, such as declining revenues, misinformation, and the erosion of journalistic integrity. By leveraging cutting-edge blockchain technology, PUBLISH aims to create a sustainable and independent media ecosystem where digital news outlets can thrive.
Central to PUBLISH’s ecosystem is the NEWS token, a utility token designed to power a variety of blockchain services within the PUBLISH Protocol. This protocol includes tools like decentralized identity proof (DID), non-fungible tokens (NFTs), and the PUBLISH Link widget service, all of which enhance the relationship between media and readers. The NEWS token rewards users for engaging with content, provides journalists with micropayments for their work, and allows marketers to purchase advertising space in a secure and transparent environment.
Beyond its core services, PUBLISH has significantly contributed to the integration of blockchain technology within the journalism industry. The company has been involved in major NFT projects, such as the Hunminjeongeum Haerye Bon and Son Heung-min NFT collections, showcasing its commitment to innovation. Additionally, PUBLISH is actively promoting the use of blockchain in journalism through initiatives like the development and operation of DID press cards for the Korean Journalists Association and the Korea Internet Newspaper Association.
PUBLISH offers a comprehensive range of products designed to transform the media industry through the integration of blockchain technology. Among these, the PUBLISH Chain serves as a consortium blockchain specifically tailored for the media sector, enabling seamless transaction auditing and interoperability with other decentralized identity platforms. Another key product, News Thomas, is a web3-based news gateway that uses AI to personalize news experiences, allowing users to earn and redeem NEWS tokens for exclusive rewards, including NFTs.
In addition, PUBLISH provides solutions like PUBLISH iD, a blockchain-based identity service that supports secure, private verification and single sign-on across multiple platforms, along with an integrated cryptocurrency wallet. PUBLISH Link is a Web3 reward widget that incentivizes reader engagement with cryptocurrency, while PUBLISH Chat offers a commenting system that rewards users for their contributions. The ecosystem is further enriched by PUBLISH Mint, a marketplace for literary NFTs, and the forthcoming PUBLISH Fact, a fact-checking service leveraging blockchain to verify news accuracy and combat misinformation.
The NEWS token serves multiple purposes within the PUBLISH ecosystem. Readers are rewarded with NEWS tokens for engaging with digital news platforms, such as reading articles and leaving high-quality comments, which helps to incentivize meaningful interaction and boost reader engagement. Journalists, on the other hand, can use their PUBLISH iD account to cryptographically sign their articles and receive micropayments in NEWS tokens, providing a sustainable financial model for quality journalism. Marketers are also drawn to the ecosystem, as they can purchase advertising space using NEWS tokens, driving demand for the token and adding value to the entire network.
Currently, the circulating supply of PUBLISH tokens stands at 3.4 billion, supporting a growing network of users, journalists, and marketers within the PUBLISH Protocol. This expansive supply reflects the platform's ongoing efforts to scale and meet the needs of its diverse user base.
In conclusion, PUBLISH and its NEWS token represent a revolutionary approach to the media industry. By integrating blockchain technology into journalism, PUBLISH is working to restore trust, foster independence, and create a more transparent and accountable media landscape. With its comprehensive suite of products and services, PUBLISH is not only redefining how news is consumed and produced but also laying the groundwork for the future of decentralized media.
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