Review of the blockchain platform for scientific articles EUREKA
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PRESENTATION
The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Blockchain?
By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, (Buy Bitcoin) the tech community is now finding other potential uses for the technology.
Bitcoin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $112 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you don’t need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why it’s considered revolutionary. So, I hope you enjoy this before proceeding.
EUREKA - is a new generation blockchain platform designed to publish and receive ratings of scientific articles, using a system of rewards for well-written works.
The goal of creating the EUREKA platform is to promote the ideas of decentralization, transparency and openness in science. After the practical launch of the platform, the situation with the publication and evaluation of scientific works will be drastically improved. This will be achieved through the introduction of a transparent and efficient reward system for participants with internal EKA tokens.
The discoveries described in the articles of scientists will be cryptographically linked to the Ethereum blockchain. This will protect copyrights, significantly speed up the acquaintance of the community with new discoveries, making them accessible to all, not just to one or two reviewers.
Since 2018, EUREKA Blockchain Solutions GmbH, headquartered in Switzerland, has been developing the platform. It is developed by the same team that runs ScienceMatters - Swiss company of online scientific publications. Project management is carried out by:
• Dr. Lawrence Rajendran - Founder, CEO;
• Dr. Thomas Bocek - Chief Technical Officer;
• Lucas Pelloni - Deputy Chief Technical Officer;
• Isabel Siegrist - Director of Business Development;
• Andrew James Cook - Operations and Strategic Director.
The discoveries described in the articles of scientists will be cryptographically linked to the Ethereum blockchain. This will protect copyrights, significantly speed up the acquaintance of the community with new discoveries, making them accessible to all, not just to one or two reviewers.
Since 2018, EUREKA Blockchain Solutions GmbH, headquartered in Switzerland, has been developing the platform. It is developed by the same team that runs ScienceMatters - Swiss company of online scientific publications. Project management is carried out by:
• Dr. Lawrence Rajendran - Founder, CEO;
• Dr. Thomas Bocek - Chief Technical Officer;
• Lucas Pelloni - Deputy Chief Technical Officer;
• Isabel Siegrist - Director of Business Development;
• Andrew James Cook - Operations and Strategic Director.
The development of the platform is assisted by 12 advisers who have vast experience in research activities, successful experience in creating and developing innovative projects.
ScienceMatters has been successfully operating since 2016, with support from the European Commission, 24 scientific advisers under the guidance of Nobel laureate Professor Tom Sudhof, as well as about 600 members from the best universities and institutes around the world, including Harvard, Stanford, Max Planck and others.
ScienceMatters has been successfully operating since 2016, with support from the European Commission, 24 scientific advisers under the guidance of Nobel laureate Professor Tom Sudhof, as well as about 600 members from the best universities and institutes around the world, including Harvard, Stanford, Max Planck and others.
Details of ICO EUREKA
ICO project is held from February 1 to March 30, 2019. In total, 298.607040 million EKA tokens will be produced on the Ethereum platform according to the ERC20 standard:
• 50% (149.303520 million tokens) - will be sold during the ICO;
• 5% - (14.930352 million) - bounty campaign;
• 18% (53.749267 million) - for the development of the project;
• 3% (9.958211 million) - fund;
• 15% (44.791056 mln.) – for team and management;
• 9% - (26.874634 million) – designated for advisors, legal clearance.
The sale of tokens during ICO will be made for Bitcoins and Ether, taking into account the ratio of 10 cents per one coin (1 EKA = 0.1 USD). It is planned to collect at least $ 2 million (Soft Cap). The upper limit of funds collected (Hard Cap) is $ 14.930352 million. The funds collected during the ICO are planned to be distributed as follows:
• 28% - administrative expenses;
• 22% - marketing campaign, promotions;
• 50% - technical development of the platform.
ICO project is held from February 1 to March 30, 2019. In total, 298.607040 million EKA tokens will be produced on the Ethereum platform according to the ERC20 standard:
• 50% (149.303520 million tokens) - will be sold during the ICO;
• 5% - (14.930352 million) - bounty campaign;
• 18% (53.749267 million) - for the development of the project;
• 3% (9.958211 million) - fund;
• 15% (44.791056 mln.) – for team and management;
• 9% - (26.874634 million) – designated for advisors, legal clearance.
The sale of tokens during ICO will be made for Bitcoins and Ether, taking into account the ratio of 10 cents per one coin (1 EKA = 0.1 USD). It is planned to collect at least $ 2 million (Soft Cap). The upper limit of funds collected (Hard Cap) is $ 14.930352 million. The funds collected during the ICO are planned to be distributed as follows:
• 28% - administrative expenses;
• 22% - marketing campaign, promotions;
• 50% - technical development of the platform.
Features of the EUREKA platform
The EUREKA platform allows to solve a number of problems that exist during the publication of scientific papers:
• long waiting time for publication by authors;
• excessive influence on researchers by reviewers and publishers, which creates uncontrollability and unreliability in science;
• unfair distribution of funds in the publication of scientific papers.
The EUREKA platform allows to solve a number of problems that exist during the publication of scientific papers:
• long waiting time for publication by authors;
• excessive influence on researchers by reviewers and publishers, which creates uncontrollability and unreliability in science;
• unfair distribution of funds in the publication of scientific papers.
The EUREKA platform allows for very fast publication of qualitative research for a reasonable fee. Primary scientific data can be instantly linked to the blockchain, and further work with them, as well as their evaluation, can be carried out later using smart contracts.
In the process of working with articles there will be four main processes:
- The authors will submit their articles to the blockchain platform, where they will be evaluated on a peer-to-peer system.
- Evaluation of articles will be made by reviewers, who must submit appropriate applications for this, in which their competence will be confirmed.
- In the evaluation process, the articles will be validated or rejected.
- Quality articles will be published.
Evaluation of scientific papers posted on the EUREKA platform will be made anonymously, thus avoiding a subjective assessment. The use of the system of smart contracts will provide high-quality control and autonomous automatic payment for the authors, publishers and reviewers.
EKA Tokens are designed for:
• payment of binding scientific research in time and content to a distributed registry;
• payment for the evaluation of works selected by the reviewers of the community in accordance with the topic of the article, which affect the rating of the authors;
• payment for the publication of articles;
• remuneration to authors for high-quality articles that are highly rated and published.
• micropayments of votes to increase or decrease the rating of articles;
• payment of membership fees;
• payment for other services of the platform.
EKA Tokens are designed for:
• payment of binding scientific research in time and content to a distributed registry;
• payment for the evaluation of works selected by the reviewers of the community in accordance with the topic of the article, which affect the rating of the authors;
• payment for the publication of articles;
• remuneration to authors for high-quality articles that are highly rated and published.
• micropayments of votes to increase or decrease the rating of articles;
• payment of membership fees;
• payment for other services of the platform.
Eureka Roadmap
According to the EUREKA roadmap, the following actions are envisaged:
• September 2018 - the start of private sales of tokens and pre-ICO, recruitment of team members;
• Fourth quarter of 2018 - PR campaign, bounty and marketing campaign, preparation for ICO, testing of program code;
2019:
• first quarter - ICO, launching the main network and its alpha testing, access to cryptocurrency exchanges (listing of EUREKA tokens);
• second - fourth quarter - development of the platform, access to new markets;
• fourth quarter - full launch of the platform in work, marketing campaign, localization.
In the long term (starting from 2020) it is planned to register the rights to a trademark, further develop the platform, increase its popularity.
According to the EUREKA roadmap, the following actions are envisaged:
• September 2018 - the start of private sales of tokens and pre-ICO, recruitment of team members;
• Fourth quarter of 2018 - PR campaign, bounty and marketing campaign, preparation for ICO, testing of program code;
2019:
• first quarter - ICO, launching the main network and its alpha testing, access to cryptocurrency exchanges (listing of EUREKA tokens);
• second - fourth quarter - development of the platform, access to new markets;
• fourth quarter - full launch of the platform in work, marketing campaign, localization.
In the long term (starting from 2020) it is planned to register the rights to a trademark, further develop the platform, increase its popularity.
Overview of the advantages and disadvantages of EUREKA
EUREKA has the following advantages:
• excellent marketing and high developer activity in the mass media and social networks;
• great potential for development due to the presence of a market of scientific papers, estimated at more than 25 billion dollars;
• support from a Swiss company that has been operating since 2016, as well as European structures.
Further development of the project can only be hindered by the unfavorable situation on the ICO market and the cryptocurrency market.
EUREKA has the following advantages:
• excellent marketing and high developer activity in the mass media and social networks;
• great potential for development due to the presence of a market of scientific papers, estimated at more than 25 billion dollars;
• support from a Swiss company that has been operating since 2016, as well as European structures.
Further development of the project can only be hindered by the unfavorable situation on the ICO market and the cryptocurrency market.
How to get EKA tokens?
EKA tokens are stored on any wallets that support the standard Ethereum ERC-20.
In addition to acquiring tokens on the official website during the ICO (its detailed conditions will be placed in advance in one of its sections), they can be earned by participating in the promotion of the platform - its campaign bounty. It runs from November 21, 2018 for 90 days. You can read about it in detail in a special section of the Bitcointalk forum.
After the practical launch of the Eureka platform, it is planned to transfer 1% of the transaction fee (loyalty bonus) in the network to active holders of tokens (to those who carry out at least one transaction per year) in proportion to the sum of their tokens. If the user does not perform any transactions throughout the year, then his loyalty bonuses are distributed among other active users.
EKA tokens are stored on any wallets that support the standard Ethereum ERC-20.
In addition to acquiring tokens on the official website during the ICO (its detailed conditions will be placed in advance in one of its sections), they can be earned by participating in the promotion of the platform - its campaign bounty. It runs from November 21, 2018 for 90 days. You can read about it in detail in a special section of the Bitcointalk forum.
After the practical launch of the Eureka platform, it is planned to transfer 1% of the transaction fee (loyalty bonus) in the network to active holders of tokens (to those who carry out at least one transaction per year) in proportion to the sum of their tokens. If the user does not perform any transactions throughout the year, then his loyalty bonuses are distributed among other active users.
Conclusion
Innovative platform EUREKA implements advanced ideas that will dramatically change the situation in the world of science. It will significantly reduce bureaucratic costs and increase openness and transparency in the publication of scientific articles. The presence of support from the already existing Swiss online platform for publication of scientific papers, as well as participation in the development of the project by representatives of the most advanced scientific circles practically guarantee the further successful development of this project.
Based on this, it is possible with a high degree of confidence to predict the financial success of ICO EUREKA in early 2019 and the successful practical achievement of all the goals described by the team in the roadmap.
Innovative platform EUREKA implements advanced ideas that will dramatically change the situation in the world of science. It will significantly reduce bureaucratic costs and increase openness and transparency in the publication of scientific articles. The presence of support from the already existing Swiss online platform for publication of scientific papers, as well as participation in the development of the project by representatives of the most advanced scientific circles practically guarantee the further successful development of this project.
Based on this, it is possible with a high degree of confidence to predict the financial success of ICO EUREKA in early 2019 and the successful practical achievement of all the goals described by the team in the roadmap.
Useful links
- official website of the EUREKA project;
- ScienceMatters; · Eureka page on the Bitcointalk forum;
- Github;
- White Paper of the EUREKA project;
- Medium;
- EUREKA Twitter page;
- EUREKA page on Facebook;
- Reddit;
- LinkedIn;
- Telegram
Author
Author: walesodiya
Medium: https://medium.com/@walesodiya
Email: walesodiya@gmail.com
LinkedIn: https://www.linkedin.com/in/wale-sodiya-4595a1164
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355
Eth Address: 0xd5138067078B32BA7800b399bC77C49deaA3f2f5
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