Blockchain media startup Civil is issuing full refunds to all buyers of its cryptocurrency

INSUBCONTINENT EXCLUSIVE:
out, were right
attract sufficient interest
tokens for between $8 million and $24 million
The sale began on September 18 and concluded yesterday
A spokesperson for Civil told TechCrunch an additional 1,738 buyers successfully registered for the sale, but never completed their
Once those new tokens are distributed, Civil will launch three new features: a blockchain-publishing plugin for WordPress, a community
governance application called The Civil Registry and a developer tool for non-blockchain developers to build apps on Civil.ConsenSys, a
blockchain venture studio that invested $5 million in Civil last fall, has agreed to purchase $3.5 million worth of those new tokens
The purchase is not an equity; all capital from the token sale is committed to the Civil Foundation, an independent nonprofit initially
that the token sale failure was a disappointment but not a shock
But one thing we want to say at the top is that until the clock strikes midnight on Monday, we are still working nonstop on the goal of
Post, Dow Jones and Axios, among others, but failed to incite interest in its token
startup targeting journalism
Nwzer, Userfeeds, Factmata and Po.et, which was founded by Jarrod Dicker, a former vice president at The Washington Post, are all trying
their hand at bringing the new technology to the content industry.Which, if any, will actually find success in the complicated space, is the
question.