# The New News

Think of an Ideamarket post like a “credibility petition" — a nugget of information you can circulate for public intellectuals to affirm or refute directly, on-chain, without any trusted third parties.

**It won’t be long until the opinion of 100 people you trust, outweighs the opinion of 1 institution you don’t.**&#x20;

If this had existed a few years ago, we would have…

* known COVID will be global by January 2020, instead of March
* potentially saved millions of lives
* properly investigated Jeffrey Epstein’s death by now
* etc.

Now we have new high-stakes information, and the chance to try again:

* Rising inflation
* Impending food shortage crisis
* UFOs are 100% real
* etc.

Why keep waiting on corporate media to fail again?

The biggest challenge is this:&#x20;

People don’t widely believe credibility *can* be crowdsourced, because it’s never been done before.

Sure, renegade intellectuals go on podcasts and say things, but that’s not the same thing as getting a huge pile of social capital all in one place — on-chain! — and saying, **“We stand by this, we stand by&#x20;*****you*****, and if you get weird looks at the dinner table, just point at this list of names.”**

Ideamarket creates a decentralized, highly accountable, user-elected “supreme court” as an alternative to corporate media.


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