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Home - Scienceroot ICO Review : Blockchain-Based Scientific Ecosystem

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Scienceroot ICO Review : Blockchain-Based Scientific Ecosystem

Mixo Web
Last updated: 11/02/2023 6:08 pm
Mixo Web
Published: 17/02/2021
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Scienceroot ICO Review : Blockchain-Based Scientific Ecosystem
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About Scienceroot ICO

Scienceroot ICO aims to improve the scientific and research community using blockchain technology. The goal is to create an ecosystem where anyone in the scientific community around the globe will have the ability to gather funding, interact, discuss research ideas, collaborate and in the end, publish their work through a more efficient, open and transparent platform. Their scientific ecosystem will be powered by its own unique currency called Science Token (ST),

Contents
  • About Scienceroot ICO
    • Motivation
    • Collaboration
    • Scienceroot Funding and Jobs
    • Scienceroot Publishing Framework and Journal
    • Unique Currency
    • Smart Contracts

Which will be used to exchange funds, store articles on the blockchain, crowdfund scientific ideas, exchange services through the scientific marketplace and reward parties involved. Scienceroot will integrate all the critical functionalities needed by researchers, scientists and academics, making their day to day lives easier and allowing them to focus on maximizing their impact in the scientific world.

This will be the decentralized social network platform for scientists, researchers and academics where they can showcase their work, connect with peers, seek new collaborations, find solutions, create and manage projects. Everything will be governed by blockchain smart contracts and therefore the need for the middlemen is eliminated.

ICODETAILS
Token NameScienceroot
LangugaeEnglish
Token SymbolST
Token TypeUtility
PlatformWaves
AcceptingETH, BTC, LTC, ZEC
BonusAvailable
Hard Cap500,000 EUR
Whitelist/KYCKYC & Whitelist
Mini Invst100 EUR
Admin Fee5,000,000 USD
CountryRomania
WebsiteHompage

Motivation

Researchers have to publish their work in scientific journals in order to widely disseminate their results and gain recognition in the scientific world. In order to be able to come up with ground breaking research there is need for a collaboration platform
to connect with peers, with whom they can discuss ideas and find solutions. Funding and a standardized job platform are greatly needed by scientists, researchers and academics. They Scienceroot ICO need a place to allow them to have an overview of funding options, a chance to apply for grants, and a way of accessing new opportunities in their field. The reason why the decided to combine Collaboration, Funding and Publishing is because they are the 3 key pillars of the scientific/research lifecycle. Each researcher, scientist and academic has to go through them in order to publish, advance and disseminate their results.

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Collaboration

The first part of the ecosystem will be the blockchain-based collaboration platform where scientists, researchers and academics will have the opportunity to connect and collaborate with colleagues, peers, co-authors and specialists in their field. Furthermore, it will offer the possibility to ask questions, get answers and find solutions to research problems. By integrating the blockchain and the IPFS (Interplanetary File System) 1 as the underlying technology they are creating a decentralized open access collaboration platform with a unique currency to be used by users worldwide.

Scienceroot Funding and Jobs

The second part will be the blockchain-based funding and job platform. Their target is to create a centralized portal that offers a wide list of grants from all around the world. The portal Scienceroot ICO will be open to all registered users searching for national or international funding opportunities and organizations looking to recruit or market their grants to a national and international audience.

Scienceroot Publishing Framework and Journal

While nowadays access to scientific information is being restricted due to the policy of the publishers, be it the price for accessing an article, or the rejection of papers obtaining null hypotheses, they are aiming to create a decentralized publishing framework, where scientific information may be freely shared among all beneficiaries. believe that the liberalization of science through a decentralized publishing framework approach will boost the advancement in science in an unprecedented way.

Unique Currency

Blockchain offers the possibility to create our own unique currency which can be exchanged regardless of the user’s location. Based on this, the global scientific and non-scientific community will have the option to get involved in promoting science by investing their money in a cause in which they believe in, without the fear of third-parties taking huge percentages of the generated contribution. This can be achieved using the immutable ledger and smart contracts.

Smart Contracts

Smart contracts serve as the foundation of the groundbreaking journal, which rewards all the contributors involved. Without smart contracts thewould not be able to create a self governing system and pay high returns to the contributors. They can only achieve this by removing the intermediaries. Smart contracts will Scienceroot ICO also allow the to protect the intellectual property of the publishers by automating the sale of the works online and eliminating the risk of file copying and redistribution. They will be the building block of self-governing marketplace for scientific collaboration in which researchers, scientists, and academics can offer their assistance in exchange for ST’s.

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