Decentralized News Attribution and Reward System Using Blockchain Technology

Medium Priority
Blockchain & Web3
News Journalism
👁️7102 views
💬384 quotes
$25k - $75k
Timeline: 12-16 weeks

Our SME news agency seeks to innovate in the News & Journalism industry by implementing a blockchain-based system that ensures transparent attribution and fair reward distribution for content creators. This project aims to leverage the power of decentralized finance (DeFi) and NFTs to enhance content credibility and incentivize quality journalism.

📋Project Details

The current landscape of news and journalism is marred by issues of content theft, lack of transparency in attribution, and uneven reward distribution for journalists and content creators. Our project focuses on creating a decentralized platform that addresses these issues by utilizing blockchain and Web3 technologies. This system will enable content creators to publish their work on a blockchain platform, automatically generating NFTs for each piece of content to ensure verified attribution. Furthermore, the platform will incorporate a DeFi-based reward system where readers can use social tokens to support their favorite journalists, creating a direct line of reward that ensures fair compensation. The implementation will leverage Solidity for smart contract development, Web3.js and Ethers.js for connectivity, and IPFS for secure content storage. Polygon will be used to ensure scalability, and Chainlink for oracles to verify data integrity. A seamless user experience will be prioritized through integration with MetaMask, allowing easy access and interaction.

Requirements

  • Develop a smart contract for NFT generation
  • Implement a DeFi reward system
  • Integrate with MetaMask for user accessibility

🛠️Skills Required

Solidity
Web3.js
Ethers.js
IPFS
Polygon

📊Business Analysis

🎯Target Audience

Independent journalists, freelance writers, content creators, and news agencies seeking transparent attribution and compensation systems.

⚠️Problem Statement

In the digital news landscape, content creators often face challenges of plagiarism, inadequate attribution, and insufficient compensation, which undermine credibility and diminish quality journalism.

💰Payment Readiness

With increasing focus on transparency and fair compensation, the industry is ready to adopt blockchain solutions that ensure equitable reward distribution and enhance content integrity.

🚨Consequences

Failure to solve these issues can lead to continued loss of trust in journalism, reduced content quality, and a decline in professional standards, ultimately impacting revenue and reputation.

🔍Market Alternatives

Current alternatives include traditional copyright systems and centralized reward platforms that often fail to provide the same level of transparency and fair compensation.

Unique Selling Proposition

Our platform uniquely combines NFT-based attribution with DeFi reward models, offering a comprehensive solution that ensures both content integrity and equitable compensation.

📈Customer Acquisition Strategy

We will implement a strategic outreach campaign targeting independent journalists and news agencies, leveraging partnerships with journalist associations and industry influencers to drive adoption.

Project Stats

Posted:July 21, 2025
Budget:$25,000 - $75,000
Timeline:12-16 weeks
Priority:Medium Priority
👁️Views:7102
💬Quotes:384

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