We are excited to announce that we have deployed Sovereignty®, our on-chain product suite, on Base, a L2 incubated by @coinbase , to elevate trust in media.
Now Media’s Sovereignty® enables digital publishers to certify that their content is genuine and enables readers to easily verify it. By leveraging Base’s immutable ledger to ensure proof of provenance, Sovereignty® will allow each piece of tokenized media to carry a clear and inalterable record of its creation, edits, and distribution. With Sovereignty®, digital publishers can expand content creation and consumption, revenue sources, and community retention.
Misinformation and fake news currently cost the global economy $78 billion per year. The development of powerful generative AI tools has contributed to a troubling rise in misinformation that threatens democratic and journalistic institutions, especially entering a U.S. election year. The World Economic Forum’s 2024 global risk report recently revealed that AI-derived misinformation and disinformation are the largest risks ahead of the election year. Sovereignty® was made to meet this pivotal moment for digital media leaders, who want to incorporate new technology into their newsrooms, to safeguard their content from bad actors, looking to manipulate their content.
Link in bio for our official announcement.
We are proud to announce our evolution to @nowmedia 🌐
It’s an important step forward in our journey from being a media company covering web3 to a media conglomerate powered by web3.
From day one, we have been devoted to empowering the creators of culture and bringing the web3 movement from niche to mainstream. It’s time to double down on the latter.
We are ushering in the age of tokenized media, expanding into new categories, and growing existing properties. The future of media is now.
Swipe to learn more about the now media portfolio, and hit the link in our bio for more details.
