S2 EP2: Why Civil's Token Sale Failed

Published: Oct. 18, 2018, 4:30 a.m.

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Civil couldn\'t convince enough people that blockchain and crypto-economics were the answer to journalism\\u2019s problems. It didn\'t even come close to its $8m goal. But, #failure is common\\xa0in the tech world. And so are pivots. On this episode, Civil Media CEO\\xa0Matthew Iles\\xa0acknowledges the screw-ups and explains why the company is still solvent. Plus, the second half of our Twitter and \'misinformation\' explainer with research from the\\xa0Knight Foundation. Can you, lawmakers, or Twitter do anything to stop the falsehoods from flowing? Yes, actually.

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GO DEEPER:
\\nThe Knight Foundation\'s report on Misinformation and Twitter\\xa0includes unusual and beautiful mapping of tweets. Twitter plans to ban \'dehumanizing speech\'\\xa0and measure \'conversational health\'. Civil\'s mea culpa\\xa0and\\xa0Nieman Lab\'s analysis\\xa0of the token-sale failure. In his TED talk, sociologist Duncan Watts explains why common sense doesn\'t apply\\xa0in the digital world.\\xa0Learning from the Civic Tech graveyard.\\xa0The New Yorker\'s excellent feature\\xa0on the weird world of crypto.

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Who You\\u2019ll Hear:

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Manoush Zomorodi (@manoushz) Jen Poyant (@jpoyant) Vlad Barash Matthew Iles (@matthewiles)

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ZigZag is the business show about being human.

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Join a community of listeners riding the twists and turns of late-capitalism, searching for a kinder, more sustainable way. Manoush Zomorodi and Jen Poyant investigate how work and business impact our wellbeing and the planet we live on. On Seasons 4 and 5, hear from rebels and visionaries with radical ideas on how we can build stable lives, careers, and companies.

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\\n**If you\\u2019re also interested in Jen and Manoush\\u2019s personal story and their adventures in starting their own business with a little help from blockchain technology, listen to the first three seasons, starting with Season 1, Chapter 1.

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