I think its a bad idea but so are 100% of the other coins. I used to say 90% but now they are all bad. With proper hype you might make a buck with a good pump or a storm out of the gate.

Its nothing new or exciting and the question always is how or why would anyone use your platform / coin or whatever idea is being pumped.  Especially with news which is mostly local and political and not something people switch often in their life.  The others reaching deep into geo politics already have their trusted platform and a coin site is not going validate their opinions.

The entire fake news thing is actually fake news. Its how CNN picks up anonymous sourced stories they couldn't do on their own, so they pick it up from minimum liability sites like buzzfeed and facebook, where it has always been proven to be anonymous or debunked as fake, so the real solution to fake new is don't trust sites like buzfeed / facebook / google puss / for news regarding world espionage.