WordPress is launching a new publishing platform backed by Google (NASDAQ:), ethereum development studio ConsenSys and more, and notably blockchain tools will be built in.
Announced Monday, the new product – Newspack – is described as an “inexpensive” platform offering technology and support for small- and medium-sized news organizations.
Google led Newspack’s funding, with a $1.2 million investment, while ConsenSys contributed $350,000. The Lenfest Institute for Journalism and the John S. and James L. Knight Foundation invested $400,000 and $250,000, respectively.
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