For the future of media, the Overline Network and its parent company have big ideas.
Making the viewer earn and select what is worthwhile is at the center of much of this.
Although CEO Patrick McConlogue has big intentions, there are still many things that are secret and being worked on behind the scenes.
However, it has other interests besides money. Borderless Services Inc., the main steward and holding company for Overline, made a $700 million purchase offer for Forbes earlier this year.
This is a small piece of a larger scheme to integrate bitcoin and the media, upending the traditional media-audience dynamic.
Taking wireless communication as an example
A piece of hardware is at the heart of McConlogue and Overline's future aspirations. This is "a secure wireless device allowing uncensorable trading and communications without an internet or cellular connection," according to their website.
The device's goal is to eliminate obstacles to entry into crypto, such as the requirement for internet access, although McConlogue did not go into great detail about it on the record. This is crucial for emerging markets in particular.
This era of wireless communication is yet in the future, as demonstrated by McConlogue's attention to detail and the "coming soon" notice on Overline's website. However, McConlogue believes that this kind of access will be critical for the media environment of the future.
Generating value for all
The crucial issue of access plays a significant role in the changes that McConlogue foresees. To properly execute a future in which users earn tokens, it is one thing to envision it.
This is where McConlogue believes the hardware feature of Overline changes the game. It does more than only release coins; it also serves as a mesh network and "wireless miner" together.
A potential candidate for the future
Overall, creating a token-based blockchain media empire could aid a sector of the economy that has been long suffering from Web 2.0's effects.
The next media king-maker will likely be whoever offers a solution to dwindling revenues, the spread of false information, and audience engagement and participation.
Even while McConlogue and Overline have the ambition, they will only be a multichain trading platform with lofty goals until the hardware is made available and some noticeable improvements are made to sites like Forbes.
