CRYPTO COMMONWEALTH : REMOVING THE BARRIERS CAUSED BY CENTRALIZATION IN THE PUBLISHING INDUSTRY

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INTRODUCTION

Commonwealth has come to add such a contribution to scientific publishing even though it appears as though it is subtle but trust me, it is such a little boost the industry ever needed to fix its limitations. The use of tokenomics in this platform carries along many scholars from reputable institutions. This Community looks into publishing in the field of science and has the aim of eliminating unfairness and unjust profiting which should not be associated with it. Even though the authors of scientific contents don't seek compensation, it is however important to set a structure that determines how they can be compensated. Thanks to the Commonwealth platform for helping out in this.

COMMONWEALTH INNOVATION TO THE PUBLISHING INDUSTRY

This platform is on a mission to address the wrongs in the publishing industry through the introduction of digitization and then use of cryptocurrency. First it will have all users feedbacks received in its network and will also connect all creators of scientific contents when must be United. Through this strategy, it will make contributors of all levels to get their fair compensation. This would be a statistical approach and mechanism that would require no human intervention. This is the type of operation that should make the whole process without any of the major challenges. The team will however set committees in respect to overseeing the entire activities, this making all the academia whose works is very astounding to get the level of compensation that best suits them.

COMM TOKEN AS THE BEST FINANCIAL INSTRUMENT OF THE COMMONWEALTH FOUNDATION

The COMM token has a kind of flexibility that makes it a perfect financial instrument in the non profit platform. It is such that it grants ownership to the contributors and can be divided even into simpler unit to achieve the fairness in the profit sharing. COMM token is backed by algorithm and can be shared so easily. So rather than been in our current state without any improvement in our knowledge of science, this project seeks to make the sharing of stakes to all contributors possible in fractional stakes that encourages contributors in the community to keep sharing knowledge that keeps everyone abreast of the latest in the world of science.

This platform will also break the chain of the for profit publishers who seek their own personal interest such that money realized from article reviews and journals can be shared according to the contributions made. The fair token payment will take care of this. To move further in this, those authors who find their root on the blockchain will be made to make publishings about natural or social science and of course intertwine their discoveries with the blockchain and cryptocurrencies.

CONCLUSION

As a peer review journal on the blockchain, scholars, authors and even reviewers who would be connected will have a common community that enhances their operations with the power of tokenomics on the digital network. The homogeneous community would therefore be an advantage to penetrate the market regionally without having to face any challenges.

USEFUL LINKS
Website: https://cryptosmartbeta.com/
Whitepaper: https://cryptosmartbeta.com/wp-content/uploads/docs/whitepaper_en.pdf
Telegram: https://t.me/Crypto_Commonwealth_Europe
Twitter: https://twitter.com/CryptoSmartBeta
Facebook: https://www.facebook.com/CryptoCommonwealth/

AUTHOR'S DETAILS
Bitcointalk Username: Goldada
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2659339