2022-09-28 18:35:12 +00:00

1010 B

Civil

Lore

  • the board
  • the podcast
  • the token sale and the crash
  • the surviving newsrooms, eg Colorado Sun and Brick House

Lessons

Design a cryptoeconomic protocol around, not against, human decisions and values. Civil's token-curated registry was not crypto all the way down; it was a prediction market ultimately accountable to the Civil Council, a group of values-centered humans. It is an example of how to use cryptoeconomic systems to amplify, rather than suppress, human values.

If all else fails, fund public goods. Civil itself did not succeed long-term, but its investments in newsrooms seeded several important projects that have survived.