“Civil indeed helped launch a handful of publications, but
it fell short on its promise to solve the media industry’s problems by finding a viable, alternative funding model. This might be because Civil’s mission was always more about investigating the viability of cryptocurrency. Study Hall’s interviews with former staffers and founders of
struggling or defunct Civil newsrooms revealed a complicated legacy for the company. On one hand, the cryptocurrency technology never really delivered, leaving newsrooms without funding to continue publishing; on the other hand, those newsrooms would likely not have existed in the first place without Civil’s cash.”
—HT
