OVIS News
OVIS News is a blockchain-powered, decentralized media network founded in 2019 that enables community members to serve as journalists, fact-checkers, and editors, using a TRUTH token on the UX Network to verify news and combat misinformation.
- Company typePrivate
- Founded2019
- HeadquartersHayward, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What OVIS News does
OVIS News is a blockchain-powered, decentralized media network that aims to incentivize truthful journalism through community verification. Founded in 2019 by former NBC/ABC primetime anchor Linton Johnson and operating as a division of Wyoming-domiciled Opes Media, LLC, the company is headquartered in Hayward, California. Its platform enables community members to assume four distinct roles — news consumer, journalist, fact-checker, and editor — and to participate in story selection, fact-checking, and editorial governance. The primary target audience is general news consumers frustrated with mainstream media bias and misinformation, alongside independent journalists seeking editorial independence, certified fact-checkers, and community editors who want to enforce quality and accountability standards. The product was reportedly the world's first blockchain-powered decentralized news network.
The platform's underlying technology is built on the UX Network, an Antelope-based blockchain that OVIS migrated to in September 2022 from the Binance testnet to gain faster transaction speeds, enhanced security, and zero user transaction fees. Core architectural features include a Token Curated Registry model, TRUTH Token staking mechanics for journalists and voters, an IBC protocol for cross-chain interoperability, and a community fact-checking consensus mechanism in which multiple independent certified fact-checkers validate each article. Product surface includes the OVIS web platform, the TRUTH Token (Ethereum-backed, initially priced at $0.02 per token), tiered memberships (free General Membership, paid Inaugural Membership, Pioneer Club tiers at $99, $499, $2,499, and $9,999), branded merchandise, and a weekly podcast series.
OVIS generates revenue through four streams: TRUTH Token sales, subscription and perpetual Pioneer Club memberships, low-priced branded merchandise ($5 to $29), and modest journalist stipends funded via token purses ($100 per 500-word story). The go-to-market is community-led, relying on social media (Telegram, X, LinkedIn, Facebook, Instagram, YouTube), a content-marketing blog, virtual and in-person events (including a Hayward, CA pilot launch), and a weekly podcast. To date, OVIS has funded operations through corporate grants from Google, Microsoft, and the Oakland African-American Chamber of Commerce rather than institutional venture capital, and has established distribution and technology partnerships with ZapLife (exclusive news provider) and Equteq (blockchain technical partner).
OVIS News firmographics
Firmographics- Name
- OVIS News
- Legal name
- Opes Media, LLC
- Website
- https://ovis.news
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- OVIS News is a blockchain-powered, decentralized media network founded in 2019 that enables community members to serve as journalists, fact-checkers, and editors, using a TRUTH token on the UX Network to verify news and combat misinformation.
- Ownership category
- akta.pro rank
OVIS News industry classification
Industry- Product category
- Blockchain-Powered News Platform
- NAICS
- Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621), Securities and Commodity Exchanges (52321)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- On-Chain Reputation, Identity & Attestation for Governance (DID, badges, sybil resistance) (FSAPAHAF)
- akta.pro secondary industry
- Royalties, Rights & Revenue Management (on-chain royalties, splits, licensing, enforcement) (FSAPAFAC)
Keywords
Where OVIS News is headquartered
LocationHeadquarters
- HQ city
- Hayward
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
OVIS News business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- TRUTH Token Sales: Sale of TRUTH cryptocurrency tokens, initially priced at $0.02 per token, backed by Ethereum. Token value increases as platform grows; surplus revenues distributed to token holders.
- Membership Subscriptions: Free General Membership with basic benefits; paid Inaugural Membership at approximately the cost of a cup of coffee. Pioneer Club tiers at $99, $499, $2,499, and $9,999 for lifetime benefits and highest rewards.
- Merchandise Sales: Branded merchandise including t-shirts ($29), wristbands ($10), and sticker sheets ($5). Proceeds support the OVIS Foundation and are tax-deductible.
- Journalist Stipends: Compensation to journalists: $100 per 500 words for pilot launch stories in Hayward, CA market. Funded through token purse system.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free membership with basic community access and token rewards |
| Subscription | Annual | Premium early-bird membership with lifetime discounts and highest rewards |
| One time/ perpetual license | Multi-year contract | FRIEND tier at $99 for basic Pioneer Club benefits |
| One time/ perpetual license | Multi-year contract | CHAMPION tier at $499 for premium Pioneer Club benefits |
| One time/ perpetual license | Multi-year contract | FIGHTER tier at $2,499 for elite Pioneer Club benefits |
| One time/ perpetual license | Multi-year contract | SUPERSTAR tier at $9,999 for maximum Pioneer Club benefits |
| Unit Pricing | Pay-as-you-go | Branded merchandise including t-shirts, wristbands, and stickers |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
OVIS News product offering
Product offeringCore offering
OVIS operates a blockchain-powered, decentralized media network where community members participate as journalists, fact-checkers, editors, and readers. The platform uses the TRUTH cryptocurrency token (originally Ethereum-backed, now on UX Network) to incentivize truthful reporting: members stake tokens on story ideas and articles, certified fact-checkers validate content for rewards, and token holders vote on editorial governance. Revenue is generated through tiered memberships (free General, paid Inaugural, Pioneer Club tiers from $99 to $9,999), TRUTH Token sales, and branded merchandise.
Product overview
OVIS News is a blockchain-powered, decentralized media platform offering a single unified ecosystem for community-verified journalism. The core OVIS Platform enables members to participate in story selection, fact-checking, and editorial decisions. The TRUTH Token serves as the utility and governance token powering the tokenized environment. The platform offers tiered memberships (General, Inaugural, and Pioneer Club) providing increasing levels of rewards, voting power, and access. Supplementary offerings include branded merchandise and a podcast series.
Differentiator
Problem solved
Functional benefit
Brands
- TRUTH Token: The native cryptocurrency token of the OVIS platform used for community voting, staking, and incentivizing truth in journalism.
Products and services
- OVIS Platform The core blockchain-powered, decentralized media network that lets community members vote on story selection, fact accuracy, and editorial objectivity. Built for news consumers, journalists, fact-checkers, and editors who want verifiable, accountable journalism.
- TRUTH Token Cryptocurrency token used for upvoting story ideas, staking by journalists on articles, rewarding fact-checkers, and participating in platform governance decisions.
- General Membership Free membership tier allowing users to join the OVIS community, receive free TRUTH tokens, engage with content, and access member-only virtual events.
- Inaugural Membership Premium waitlist membership tier offering complimentary TRUTH tokens monthly, 75% off membership dues for life, special voting powers, and exclusive benefits.
- Pioneer Club Memberships Tiered lifetime supporter memberships (Friend $99, Champion $499, Fighter $2,499, Superstar $9,999) providing free community membership, highest rewards pool percentage, and early platform access.
- OVIS Merchandise Branded apparel and accessories including I Am Orca t-shirts, ladies' v-neck shirts, customized wristbands, and sticker sheets, with tax-deductible proceeds to the OVIS Foundation.
- OVIS Podcast Weekly podcast series discussing how OVIS leads the movement on uniting humanity with trustworthy, verified, and accountable people-driven news, available on YouTube.
Quantifiable outcome
- 74.1% of people surveyed are concerned about fake news spread
- +2 more outcomes
Companies that use OVIS News
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
OVIS News technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
OVIS News partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- UX Network (Antelope)coreOVIS migrated its blockchain infrastructure from Binance testnet to UX Network (Antelope-based) for faster transactions, enhanced security, and zero transaction fees. IBC protocol enables interoperability with any existing blockchain.
- EquteqcoreEquteq partnered with OVIS to deliver the world's first blockchain-driven news media platform. Equteq provides technical expertise and support for OVIS blockchain platforms, supporting the mission to deliver trustworthy, verifiable, and honest blockchain-driven media globally. Michael Mannarino from Equteq serves as Interim CTO.
- ZapLifecoreZapLife is the exclusive news provider partner for OVIS. Partnership driven by shared mission to revolutionize content creation through high-quality, authentic content grounded in truth and transparency. ZapLife is disrupting social media while OVIS disrupts corporate media, creating a people-powered digital revolution.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
OVIS News competitors and assessment
Company assessmentDirect peers
- Mirror.xyz: Web3 publishing platform (acquired by Block) where writers publish posts as tokenized entries on-chain. Directly comparable to OVIS as a blockchain-native media platform targeting independent journalists and crypto-aware readers.
- Hive: Decentralized blockchain social/content platform (forked from Steem) where users earn tokens for publishing and curating. Comparable to OVIS as a token-curated content network with staking-based governance.
- Lens Protocol: Decentralized social graph (Aave-built) that lets users own content and social connections on-chain. Comparable to OVIS in using tokenized infrastructure to disintermediate centralized content platforms.
- Paragraph: Web3 newsletter and publishing platform with on-chain monetization and creator tokens. Closely comparable to OVIS's news-publishing-plus-token model for independent writers and community-driven content.
- Publish0x: Crypto blogging platform that rewards readers and writers with token tips. Comparable to OVIS's token-incentivized content model, though focused on blogging rather than verified journalism.
Broad incumbents
- Substack: Dominant subscription newsletter platform for independent journalists. Comparable to OVIS as a destination for independent writers seeking editorial independence, though without blockchain or token mechanisms.
Others
- Upland: Blockchain-based platform with mapped digital economies and creator content. Comparable to OVIS as a consumer-facing Web3 ecosystem, though oriented around virtual real estate rather than news.
- Reality Keys: Earlier-stage trust/attestation service for verifying real-world claims using crypto. Adjacent to OVIS's fact-verification mission as an enabling infrastructure concept for blockchain-anchored truth claims.
Emerging players
- BlueSky: Decentralized social network built on the AT Protocol, focused on user-controlled feeds and content moderation. Comparable to OVIS's mission of community-driven trust and accountability, though not blockchain-tokenized.
- Civil Media: Earlier blockchain-based journalism platform that pioneered token-curated newsrooms. Directly comparable to OVIS's TCR-style model and a cautionary precedent on the difficulty of scaling a blockchain news network.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
OVIS News social profiles
Digital presenceOVIS News compliance and trust
Trust signalCompliance1 record
OVIS News financial estimates
Financial estimateRevenue estimate
Valuation estimate
OVIS News leadership team
Management profileNumber of profiles
Profiles6 records
OVIS News funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OVIS News M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OVIS News
What does OVIS News do?
OVIS operates a blockchain-powered, decentralized media network where community members participate as journalists, fact-checkers, editors, and readers. The platform uses the TRUTH cryptocurrency token (originally Ethereum-backed, now on UX Network) to incentivize truthful reporting: members stake tokens on story ideas and articles, certified fact-checkers validate content for rewards, and token holders vote on editorial governance. Revenue is generated through tiered memberships (free General, paid Inaugural, Pioneer Club tiers from $99 to $9,999), TRUTH Token sales, and branded merchandise.
Is OVIS News a public or private company?
OVIS News is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was OVIS News founded?
OVIS News was founded in 2019. It employs 1 to 10 people.
Where is OVIS News based?
OVIS News is headquartered in Hayward, United States, in the North America region.
How does OVIS News make money?
Four revenue lines are on record. TRUTH Token Sales are the primary driver. The others are membership Subscriptions, merchandise Sales and journalist Stipends.
Who are OVIS News's main competitors?
Direct peers on record are Mirror.xyz, Hive, Lens Protocol, Paragraph and Publish0x. Substack is listed as a broad incumbent. Others are Upland and Reality Keys. Emerging players are BlueSky and Civil Media.
Does OVIS News have an API?
No public API is recorded for OVIS News.
What industry is OVIS News in?
OVIS News's product category is Blockchain-Powered News Platform. Its primary akta.pro industry code is FSAPAHAF, On-Chain Reputation, Identity & Attestation for Governance (DID, badges, sybil resistance), with a secondary code of FSAPAFAC, Royalties, Rights & Revenue Management (on-chain royalties, splits, licensing, enforcement). Its NAICS code is 51621 and its SIC code is 6199.