This doesn't seem like a new concept at all. The New York Times* strives to be even-handed and report only credible information. I consider the New York Times trustworthy.

This seems to want to be just another news outlet, except with a weird business model.

If it was just a link aggregator, now, that could be useful IMO. I don't know of a general solution to finding the best articles (there are usually multiple versions of the same article on the same topic, but some are better than others).

*Substitute any newspaper with high journalistic standards.