CHICAGO, Jan. 14, 2021 /PRNewswire/ -- The
Tokenist received a perfect rating—100/100—from NewsGuard,
a journalistic innovation designed to combat poor journalistic
practices in the age of prolific misinformation.
NewsGuard was designed by veteran journalist Steven Brill. Together with former publisher of
the Wall Street Journal, Gordon
Crovitz, they created a credibility rating system consisting
of nine criteria. Ranging from abuse of sensationalist headlines to
timely error corrections, these transparent criteria gauge the
overall trustworthiness of an online media publication.
As it became apparent that complexity related to advanced
financial technology will prove to be a hindrance for its adoption,
The Tokenist embarked on a mission to bring mental clarity
front and center. From blockchain to FinTech, and stock trading to
forex, The Tokenist covers emerging trends and decreases the
destructive barriers to entry in finance.
With NewsGuard being a part of the wider push to elevate
journalistic standards, The Tokenist finds itself in an
ecosystem of trusted sources. These include Wall Street Journal,
Barron's, Forbes, Business Insider, and Reuters, to name
just a few. To mark this milestone, Tim
Fries, the co-founder of The Tokenist, issued the
following statement:
"We feel as though our perfect NewsGuard rating exemplifies our commitment
to consumer trust and transparency, which is the foundation of our
efforts. In an age when online publishing continually loses
credibility, The Tokenist will take every step possible to be
transparent with our readers, building a better financial future
for all."
NewsGuard's criteria—with
corresponding point scale—is as follows:
- Does not repeatedly publish false content: 22 points
- Gathers and presents information responsibly: 18 points
- Regularly corrects or clarifies errors: 12.5 points
- Handles the difference between news and opinion responsibly:
12.5 points
- Avoids deceptive headlines: 10 points
- Website discloses ownership and financing: 7.5 points
- Clearly labels advertising: 7.5 points
- Reveals who's in charge, including possible conflicts of
interest: 5 points
- The site provides the names of content creators, along with
either contact or biographical information: 5 points
NewsGuard leverages a plugin, available for all leading internet
browsers. While it has four color-coded rating categories, it
provides a binary rating where it counts: green for trustworthy and
red for failure to uphold basic journalistic standards. The other
two categories relate to website type: satire (orange) or platform
(grey).
By receiving a perfect NewsGuard score, The Tokenist
needs only to maintain what it has already achieved.
Contact: Tim Fries,
tim@tokenistmedia.com
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SOURCE Tokenist Media LLC