The Daily Telegraph plans to pay journalists based on the popularity of the article
- The Daily Telegraph has revealed plans to associate certain elements of journalists’ remuneration with the popularity of their articles.
- Employees of the news platform “alert” and “dismay” at the latest developments
- The Daily Telegraph intends to use a “Star” system to score published articles based on subscription and clicks.
- Blockchain technology offers an even better alternative and promises to dramatically improve journalism by leaps and bounds.
Plans from the Daily Telegraph to change journalists’ remuneration in line with the article’s success sparked flares among reporters on news platforms.
The Daily Telegraph pays journalists based on popularity
The Daily Telegraph has proposed a “Stars” system to rank stories based on the number of clicks they accrue and the number of subscriptions they promote.
Chris Evans, editor of The Daily Telegraph, confirmed in an email to employees that they intend to use the “Stars” system as a means of paying performance-related salaries to their journalists.
According to Evans, the logic behind this new development is to ensure that the writers who attract the most subscribers are “paid the most.”
Journalists react to news
Some journalists at The Daily Telegraph contradict that it leaves them at the mercy of editors who may designate them to cover stories that are not popular among readers. general public.
According to Michelle Stanistreet, general secretary of the National Union of Journalists, this development would “demoralize a wide range of journalists” and it would show blatant disregard for the importance of quality. quantity and variety of press.
As an excuse, Evans argued that the “Stars” system would not hinder journalists’ ability to make money but rather an attempt to identify and quantify the type of journalism that readers love.
Blockchain, albeit in its infancy, can have the power to change the status quo of journalism by ensuring journalists receive fair pay for their work and that readers have access to news. ie exact, unbiased.
Blockchain can provide a seamless, intuitive solution for journalists, and if accepted, the industry will be perfectly ready to reap the fruits of Blockchain.
Blockchain technology can be deployed to reward reporters based on how good the article is (Example: narrative treats an article as “good” based on token owner’s feedback) instead because it only works with clicks may encourage ‘clickbaiting’ to cheat the system.
Blockchain platforms like Narrative, Voice, Publish0x and Steemit, foreshadowed changes in this area. Narrations allow content creators to be paid fairly for their work. Blockchain’s decentralization allows Narrator creators to make money based on the quality of their work as determined by voting from token holders.
Blockchain can also be used to fund risk-taking and risky reporters who disrupt real-world stories, such as frontline battlefield reporters and groups of journalists. investigation. Through Blockchain, communicators can permanently maintain their servers and secure their archives for future reference.
Blockchain can help rebuild the diminishing public trust in news publishers by allowing readers themselves to influence the direction of publication in the same way that shareholders vote on news publishers. Relevant issues related to a company.
On the Flipside
- Al Kelly, CEO of Visa has revealed its integration plan and Cryptocurrencies.
- Visa (NYSE 🙂 is planning to allow the purchase of Bitcoin using Visa login information.
- In 2020, Visa filed for a digital fiat currency patent and released a crypto roadmap in February 2021.
- Similarly, MasterCard has confirmed that they will support a number of cryptocurrencies.
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