PressCoin Update: Building the world’s first decentralised media ecosystem

Dear PressCoin Supporters,

Thank you for your support of PressCoin. Thanks to you we closed the PressCoin ICO in the third week of January, having raised $24.8m.

We are now moving ahead, armed with a mandate from people all over the world who want to see a truly independent media ecosystem.

While our initial success is inspiring, we are conscious of the responsibility now before us. We will now be able to accelerate the adoption of our decentralised media platform ecosystem.

PressCoin will support groundbreaking investigative journalism, track political candidates and encourage participation in elections; create engaging multimedia news; and foster local and citizen-powered journalism.

We will focus for the next few months on initiatives which utilise NEWS tokens to mobilise positive action in the world. Our goal is to help move news publishing from simply commenting on the world’s challenges, towards revealing concrete pathways to real solutions, led by communities for communities.

This will not be easy. We’re the first to attempt to establish a decentralised, networked, global media ecosystem.

We are proud and humbled by this start. PressCoin is the largest ever crowd-sale funded attempt to address the news crisis. We will keep you all posted on our progress in coming weeks and months.

Before we go into our plans a little further below, some important housekeeping announcements for those of you who purchased NEWS tokens.

CHECK YOUR TOKENS – DO YOU HAVE THEM?

Some token buyers are yet to receive tokens. This could be because you still need to set up your cryptocurrency wallet (to hold your tokens), or because you have not completed KYC (a requirement for bank transfer/paypal payments only). If you are unsure about next steps, and/or haven’t yet received tokens, please make sure you get in touch with us via  support@presscoin.com.

TOKEN TRADING –EMBARGOED FOR 28 DAYS

The NEWS token has been listed on the CointypeX exchange, our partner platform. We have however restricted trading for 28 days, starting from the date of closure of the ICO. We have done this to avoid unnecessary volatility, to give the token a chance to settle in the market. After 28 days the restriction will be lifted, and you will be free to trade your NEWS tokens. Trading will begin on the 16th February 2018.

WHAT’S NEXT

It’s exciting that we’ve got this far, but our work is just beginning. The PressCoin team is busy tightening up operational and governance structures, shifting gears from ICO mode, to building mode.

In coming month we will continue the build of underlying utility infrastructure, the systems to enable partner platforms and publishers to join the PressCoin universe. PressCoin will enable all-comers to make use of NEWS tokens to fuel good journalism and community empowerment initiatives.

We have two initial focuses:

  1. core infrastructure to power the PressCoin crypto-economy, for readers, for creators, for platforms and publishers;
  2. two of our flagship platforms – INSURGE, a global intelligence platform and social action network, and NextElection, a new town hall that brings together politicians, journalists, and citizens.

Both initial platforms recognise the media’s role as watchdog in the public interest – not just speaking truth to power, but enabling and empowering the people to do so.

We will also complete our evaluation process for partnerships with other businesses. Our infrastructure will be open to any organisation that wishes to support the production of independent, high quality media, so long as they adhere to PressCoin’s protocols.

Once again, thank you so much for your interest in the PressCoin ICO, and for making this endeavor such a success. Now, it’s time to roll up our sleeves and get to work.

The PressCoin Team

A $100 Billion Crypto Economy To Help Save Democracy And Freedom – Part 3 of 3

[Editor’s Note: This is the third 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, the year that cryptocurrencies are expected to mature.]


Dear PressCoin Subscriber,

Good morning and happy Martin Luther King Day!

Here in the U.S.A. today we are having a holiday to celebrate the birthday of the legendary civil rights campaigner. Its a good day to reflect on the importance of functional democracy, and the role of freedom of speech in defending freedom.

In this, the third and final part of this email series I discuss how PressCoin Plc. – as a technology company – will build value for NEWS tokens. ( See previous parts here >> Email One >> Email Two )

For PressCoin, the goal of restoring a free news media to prosperity is fully aligned with the goal of strengthening democratic institutions.

“A crypto-economy for a new independent news media,” is one of the key phrases we have used over the past five weeks to help communicate the full scope of the PressCoin project.

What makes PressCoin different from most technology ICOs is that PressCoin’s business solution is this new economy for a decentralised global news industry. An economy which will  transact internally using the NEWS currency.

And it’s for this reason that in the coming few months – as soon as the ICO ends – you will see our NEWS crypto-economy get rapidly underway.


[Skip This Bit If You Are A Crypto Expert – Background #1: NEWS is a “utility token”, an expression which is often misunderstood. BTC, BCH, DASH and ETH are also utility tokens – and what this means is that they can be used as a means of exchange, to buy and sell goods and services, or to transfer money.  That being said, right now most of the trades across all cryptocurrencies are not for goods and services, the vast bulk involves buying and selling different cryptocurrencies – and over the past six months – the volumes of trading have been driven in part by the explosion of the ICO market.  Scroll to the end to see another note explaining how capped cryptocurrencies are different from regular currencies – and why they can grow rapidly in value.]


Disruptive $100 Bln Crypto Ecosystem For Global News, Using Blockchain to Compete With Titans – Coin Telegraph – 28 Dec. 2017

A Transactional Economy From Day One

PressCoin’s NEWS token is the native currency of the PressCoin crypto-economy:

  • From February PressCoin will begin selling products and services in NEWS tokens.
  • PressCoin’s SAAS software products will be priced and sold in NEWS.
  • Participants in PressCoin’s planned content, traffic, advertising, subscriptions and services markets will transact in NEWS.
  • Readers who engage with publishers using PressCoin’s blockchain engagement technologies will be rewarded for their contributions in NEWS.
  • Readers and supporters who wish to support PressCoin projects will be encouraged to do so using NEWS.
  • And NEWS will also be used to pay PressCoin’s staff including writers, photographers, developers and designers.

All this is possible because of PressCoin’s association with a new Fiat/Crypto Exchange – CointypeX – which will be listing NEWS shortly after this ICO ends on 22nd January. We are finalising the date now and will let you know as soon as it is locked in. We are also in discussions  with several other exchanges for additional listings.

Continue reading A $100 Billion Crypto Economy To Help Save Democracy And Freedom – Part 3 of 3

PressCoin’s Exciting Crypto-Economy To Safeguard A Free World – Part 1 of 3

[Editor’s Note: This is the first 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 investors in the NEWS token sale on the big picture for PressCoin as we enter 2018, the year that cryptocurrencies are expected to mature.]


Dear PressCoin Subscriber,

PressCoin is a cryptocurrency project to address a wicked problem: the two decade long failure of the news industry to transition into a workable digital business model.

PressCoin is building new global markets, which trade in the NEWS currency, to service a crypto-powered news industry retrofitted with a raft of new revenue models. To accelerate this transformation, we will provide news companies with fit-for-purpose, omni-channel, state-of-the-art cloud based publishing solutions.

This forms the first version of what we call the PressCoin Operating System, and once assembled it will provide a boost of technological and financial infrastructure to an industry which is experiencing acute digital disruption. Along the way we hope to begin to heal the damage the failure of the fourth estate is doing to democratic institutions.

NEWS tokens is an opportunity to purchase a new global currency in its earliest stages, whilst supporting solutions for a critically important part of the world’s constitutional system. You can read more on PressCoin‘s plans to fix the news business in this new Coin Telegraph article, published today.

– Coin Telegraph, 12 Jan. 2018
 

Continue reading PressCoin’s Exciting Crypto-Economy To Safeguard A Free World – Part 1 of 3

Facebook Will Rule The World In 10 Years – Unless We Stop It

Very occasionally a moment arises when the actions of a small organized group of people can achieve significant important change. Today you are invited to be part of one of those moments.

This page is being used to coordinate a social media response to the PressCoin powered INSURGE Intelligence investigation into the potential for Facebook to be used by national governments and other actors to interfere with elections all over the world.

If you haven’t yet read >> “Facebook Will Rule The World in 10 Years” < < click here, or on the screenshot below and have a read. Then once you have done so – please come back here.

 

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Sometimes News Requires Public Action – This Is One Of Those Moments

In paragraph 5 of his investigation, INSURGE Founder and Editor Nafeez Ahmed calls for a public movement to act now to prevent Facebook from achieving a position of total “information domination” in public discourse.

“This story is a call to action. A call on citizens, technologists, philanthropists, journalists and beyond to take action to disrupt our current path to a dystopian, monocultural future.”

If Facebook achieves its goal of connecting almost everyone in the world it will become too useful for governments to consider regulating, a prospect that could fatally undermine democracy.


YOUR CALL TO ACTION HELP US SHINE THE LIGHT ON THIS DANGER

1. Please Share This Story About Facebook & Other Social Media

One of the most effective methods through which dominant media can tip the scales on matters of great importance, is to simply ignore them.

This is where we need your help to change the news script. And what we want you to do, dear readers, is really simple.

We simply want you to share the INSURGE “Facebook Will Rule The World in 10 Years” article on Facebook. And then if one of your friends shares it too, we want you to like their post and comment on it and spark a discussion. Hopefully if this story gets sufficient traction it will become impossible for the rest of the media – and then Facebook itself – to simply ignore it.

The easiest way to do this is to click on the share links on the INSURGE Intelligence story page while you are logged in to Facebook or Twitter.

 

Altenatively you can compose a post of your own alongside the link https://www.insurgeintelligence.com/deep-state/2017/12/23/facebook-a-danger-to-democracy – our use one of our prepared: >> texts < < and/or >> shareable images < <

Continue reading Facebook Will Rule The World In 10 Years – Unless We Stop It

Insurge Is Coming!

We are extremely proud and excited to announce the public beta of our new platform for Insurge Intelligence.

Powered by PressCoin – Insurge is a new platform for Understanding News, and moving from Understanding to Action.

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It uses a new Euclidean information model to create a unique way to represent knowledge. It allows and encourages users to See that complexity comes from interconnected and interdependent nature of systems and issues, and that no issue can truly be considered in isolation and “by itself”, for no trivial issue is unidimensional.

So dive in, start exploring, join the conversation! And support the PressCoin ICO here.

 

NextElection is coming!

PressCoin is excited to announce the alpha launch of NextElection – a Digital Town Hall for Politicians, Journalists, and Citizens. It will create a collaborative space for all of us to engage around local/state/national elections in any part of the world. The platform is moderated, so is expected to be free from trolling, etc, and is being designed as a space for like-minded netizens to find commonality, understanding, and civil discourse. It will also be a good place to start/join political action networks.

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Continue reading NextElection is coming!

Time, NextElection, and Merry Christmas

I trust everyone is having a slower than usual set of days… the end of the year is always a good time to slow things down a little, take the time to smell the roses, so to speak 🙂

It is often a good time to reflect on the Time that’s slipped us by (yet again!) and to spare some thought on where we want it to go next. Some people say one should reflect on the how we got here, and to really analyze the causes, the effects, and to get to the Bottom of Things, and to really understand before one does anything… Perhaps, that is certainly a way to approach things. IMHO the past doesn’t matter all that much. The moment that we’re in, the present, it already encompasses everything that has happened. Here we are, in the now, always intensely now.

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And from here we look towards the future, and we only see where we want to be, where we want to go. And how we got here only matters because it got us here. And now, a common goal, a common and more real future calls to us. We must unite as people, past our minor differences, and unite in our commonness. We must stop arguing about who said what to who and on what media channel and how many tweets were generated from all of it… We must pause, and take a step back. We must breathe.

Continue reading Time, NextElection, and Merry Christmas

PressCoin, Cryptocurrencies, and The Triangle of Liberty

Bitcoin and cryptocurrency and blockchain and decentralization… so many words, so much change! As the rising price of Bitcoin takes the world by storm, a lot of folks are breathlessly talking about the potential for freedom from governments and so on…

We believe this is all just so much rhetoric. To actually understand liberty, one has to understand what it means.

Democracy and Cryptocurrency

There’s a lot of conversation about democracy and liberty, particularly in the context of cryptocurrency. Why is this? Is it really possible that digitization of money will have such a consequence? The reality is, government control or not (and we do need government!), there is more to Liberty.

Here are the required conditions for Liberty: Knowledge, Wealth, and Freedom. They form what I call the Triangle of Liberty.

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Continue reading PressCoin, Cryptocurrencies, and The Triangle of Liberty