ConsenSys-Backed Crypto News Outlet Decrypt to Launch Reward Token in Q2 2020

▤ Summary

Decrypt, a major cryptocurrency and blockchain publication funded by ConsenSys, is launching a new token to reward users for engaging with its content. As officially announced on March 4, readers will be able to exchange collected tokens for goods and services including Amazon and Airbnb. Goldberg also specified that Decrypt token will basically represent a stablecoin as its price will be fixed using Ost technology. According to the executive, the token will allow the company to improve its editorial integrity in an extremely competitive environment among publishers by providing a new approach to sponsorship. According to traffic analytics website SimilarWeb, Decrypt has around 710,000 monthly visits to date, with a 101,341 rank globally.

▦ Linked Companies