CandleFocus Crowdsourcing 2.0: Blockchain will restore trust in information | Opinion
2024-10-21
Author: Content Editor
The author argues that blockchain technology has the potential to revolutionize crowdsourcing platforms like Wikipedia and Reddit by addressing their flaws and improving trust, accuracy, and sustainability. They highlight the success of Polymarket, a prediction market platform that has gained mainstream attention and influenced major events. They explain how blockchain can provide transparency, accountability, and incentives for truth, making it more difficult for misinformation and manipulation to occur. The author also discusses how blockchain can solve the broken financial model of journalism and decentralize public discourse and opinion. They conclude that blockchain is not just the next step, but the necessary evolution for crowdsourced platforms.
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