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Sunday, April 14, 2024

Crypto information website The Block rolls out token-based paywall

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Cryptocurrency information website The Block is shifting components of its client paywall completely to a crypto token mannequin, stories Sara Fischer of Axios.

Fischer stories, “It turns into the primary newsroom to launch a tokenized paywall inside a brand new trade framework known as the Entry Protocol, which permits customers to purchase a number of media or creator subscriptions through a uniform set of tokens.

  • “That is all performed within the vein of accelerating distribution of our content material to extra individuals,” CEO Mike McCaffrey stated.
  • The Block at the moment has 1000’s of client subscriptions and lots of of enterprise subscription shoppers, per McCaffrey. Final yr, the corporate purchased out all of its traders.”

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