[Editor’s Note: This is the second email of three sent to PressCoin’s thousands of subscribers over this, the penultimate weekend of the PressCoin ICO. The series of three emails updated prospective purchasers in the NEWS token sale on the big picture for PressCoin as we enter 2018, a year that cryptocurrencies are expected to mature.]
Dear PressCoin Subscriber, Hello again.
In my email yesterday I updated you on the PressCoin ICO which is closing soon.
We will be announcing the listing date shortly!
Today I want to talk about the PressCoin opportunity, as it is presented right now. News industry developments over the New Year mean our launch timing is looking pretty sweet.
To recap, PressCoin is much more than a run of the mill ICO. It’s the initial funding round for an ambitious technology platform to build solutions for a news industry suffering from acute market failure. PressCoin’s economic stimulus approach to resolving the news crisis provides crypto buyers an opportunity to participate in a new cryptocurrency, NEWS, which will power a projected $100 Billion crypto economy for independent news.
Our ICO launch over the past five weeks – during a period when the entire world’s eyes were focused on the boom in cryptocurrencies – has been a perfect opportunity to showcase our project to the attention of the global market we will be targeting in 2018 and beyond.
A Platform Giant Hits Turbulence
On December 29th PressCoin launched its INSURGE Intelligence investigative news platform into alpha with an article revealing previously unreported Facebook ties to the military industrial complex. The investigation detailed how the links pose a significant threat to global democracy, possibly a greater threat than the fake news epidemic which has been getting all the attention.
Six days later in a New Year’s message, Facebook founder Mark Zuckerberg promised to dedicate his efforts in 2018 to fixing flaws in the Facebook platform. Zuckerberg also announced Facebook is considering investing in cryptocurrencies.
Since his message, a chorus of voices have echoed concerns raised in our INSURGE article. Among these voices, one of Zuckerberg’s earliest mentors, Roger McNamee used the very same example we used to highlight the INSURGE story on our blog – i.e. Government censorship of posts about the Rohingya genocide in Myanmar.
Here’s a video of McNamee talking to CBS News.
What This Means For PressCoin
While we can’t claim any direct credit for these developments – they provide clear confirmation the ideas PressCoin is talking about have momentum.
Over the coming year, as PressCoin prototypes its solutions to the business problems facing the news industry, the issues we are addressing will be top of mind for the technology, political and media audiences we need to reach.
And as a result 2018 is the ideal time for PressCoin to launch, to form partnerships, find clients, deploy products and markets, and attract further investment.
If you haven’t visited our site recently, please do, among other things you will find links to media coverage, and the buying process has been streamlined to make it easier for you to purchase NEWS tokens.
To be continued…