S2 EP2: Why Civil's Token Sale Failed

Civil couldn't convince enough people that blockchain and crypto-economics were the answer to journalism’s problems. It didn't even come close to its $8m goal. But, #failure is common in the tech world. And so are pivots. On this episode, Civil Media CEO Matthew Iles acknowledges 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 Knight Foundation. Can you, lawmakers, or Twitter do anything to stop the falsehoods from flowing? Yes, actually.

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

Who You’ll Hear:

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

ZigZag is the business show about being human.

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.

**If you’re also interested in Jen and Manoush’s 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.