Web3 is our best hope to save the declining news media industry. By leveraging its associated technologies, we can introduce a new incentive system that addresses misinformation, bias and dwindling revenues. By introducing a new incentive system that rewards accuracy and builds public trust, we can save journalism from its current decline. If we fail to act, economic pressures could lead to its collapse.

In the digital age, news media often struggles to provide content that accurately informs the public it is meant to serve. With even the briefest introspection, it becomes clear just how dire the consequences already are for society. Many consumers have become passive in seeking out…

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