Wednesday, June 11, 2008

Now there's a thought-a newsite that will pay for contributions

A new concept in citizen based community journalism.

A news site(Knewsroom) that is going to pay contributors for stories and offering what it calls a prediction market where the top stories of the day will be predicted.

Springwise explains the concept

Knewsroom publishes the "Knews” every morning, featuring the previous day’s top stories in politics, business, technology, design, sports and entertainment. Which stories rank as most important is decided by the audience of readers, in Digg-like fashion. Going far beyond Digg, though, Knewsroom rewards contributors with a portion of 20 percent of every dollar it earns in advertising revenue

Hat Tip Seamus McCauley

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