Coinage Media Becomes First NFT Project to Open Path to Patronage Dividends for Holders

Web3 Media Startup Coinage Media Launches Membership Onboarding for NFT holders.

NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Coinage, the first community-owned Web3 media outlet, is officially opening membership for NFT holders to join the Coinage DAO/Cooperative.

Eligible Coinage NFT holders can now become members in one of the first U.S.-based crypto limited cooperative associations. NFT holders who complete the onboarding process would become members eligible for future patronage dividend distributions from the Coinage Cooperative.

"At Coinage, we spent months navigating legal hurdles in the U.S. to challenge the Web3 status quo and evolve NFTs beyond simple collectibles," founder Zack Guzman said. "Though other Web3 projects have avoided legitimate co-ownership, Coinage is excited to reward our NFT holders who want to make history by owning Coinage with us."

In 2022, Coinage Media made history by launching with a hard cap on its ownership tier membership NFTs, including 5,000 Caucus Memberships and 1,000 Network Memberships. Coinage has since become one of the leading Web3 media outlets in the U.S., garnering awards and syndication with TheStreet.

Existing Coinage NFT holders are invited to begin the membership process now at Coinage.Media.

About Trustless Media:

Trustless Media is a pioneering Web3 media company working to establish a production hub where ideas people care about actually come to life. Using NFTs, we empower fans to own and influence the media they love, enabling creators and their audience to create content you can trust in a trustless world. For the latest information, follow Trustless Media on Twitter, Instagram, and Facebook.

To learn more, visit https://www.trustless.media/

About Coinage:

Coinage is the first community-owned crypto show telling the whole story of crypto, not just the headline. We make it fun and easy to be in the know with a critical eye and clever angle, all with a guiding mission to level the playing field in crypto. For the latest information follow Coinage on Twitter, Discord, and Instagram.

To learn more about how to get involved with Coinage, visit https://www.coinage.media/

SOURCE Coinage

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