Announcing Inkrypt: Making Journalism Truly Free

FJ123

Inkrypt's mission is to build a censorship-resistant global distributed nodal network, timestamped using a blockchain ledger, that provides content storage and retrieval for journalism outlets. The distributed nature of the network coupled with the IPFS domain will provide journalism hosting with both front and back-end censorship resistance.

Instead of being just a decentralized storage system like Filecoin, Storj, or Sia, Inkrypt seeks to disrupt both the content storage and the distribution-to-end-user aspects of the media value chain by providing a seamless and elegant enterprise solution to the media industry that combines both decentralized storage and content delivery.

Check out inkrypt.io

blockreward

Interesting idea. How would the journalists be compensated for their content? Is there some type of revenue model if a journalist participates, like steem?

AliChaudhary

blockreward inkrypt is supposed to provide an enterprise solution to the journalism industry. Journalism firms can host their content on the inkrypt network just like they would on AWS or Azure, using the native coin. The revenue streams of the firms will remain the same as before, such as ads and subscriptions.

In the future inkrypt also plans to incorporate micropayment structures into the network to allow for subscription services. This will allow customers to pay for subscriptions to journalism outlets for paywall content, using the native coin.

AliChaudhary

blockreward and all the hosting transactions will be time-stamped and recorded on the stellar main-net.