Orvium Platform

in #blockchain6 years ago

After introduction of the Orvium platform, the copyright and publishing system has become much easier. This is achieved thanks to the built-in system functionality. The use of the blockchain technology allows users to protect their data and give them access to a wide audience of the portal. This enables closer cooperation between various groups of participants.

Orvium allows to trace the path of an article from writing to editing and transferring of rights. The comment and review features enhance the quality of work and enrich the scientific field. The prime cost of it is low, and this fact makes it possible to promote useful and refined information at affordable prices. In addition to the above mentioned characteristics, the project is equipped with many more features.

Services for Tokens

Orvium has its own currency, ORV-tokens. Thanks to them, the system ensures efficiency and transparency of all activities. For example, after the publication of the work, it is possible to review the article. Authors can be paid for their reviews by means of intrasystem tokens.

Reviewers can openly post their comments, thereby allowing a wide range of people to read their opinions. Such a system will satisfy all parties. From the moment of open submission of the work the authors can offer a reward in internal currency, which will be received by reviewers. The price is set in ORV-tokens.

Reviews and critiques can be published at any convenient time. The structure of the platform helps reviewers to gain recognition of their reviews. This is achieved through the analysis and publicity of their work. Authors of works make themselves names and views of their work, critics earn rewards in ORV-tokens, and portal users enjoy access to information and expert opinions.

Also there is an option of purchasing of the paid licensed version of the magazine. In this case, visitors will pay per content view with the internal currency. It will allow to raise funds for the development of the magazine, as well as to ensure date security on the Internet. The license control and copyright procurement system minimizes risks of theft of ideas by competitors.

The currency allows to pay for publishing services, proof of authorship, verification of works, etc. In addition, there is an opportunity to motivate users to contribute critiques, write reviews, and exchange opinions with the authors of studies. Thanks to intrasystem currency, all Orvium features become available.

The system’s token is Ethereum-based. Its cost is 10 US cents. In addition to the US currency, users can also pay in

  • Euro;
  • Singapore dollars;
  • British pounds.

The purchase can be made with cryptocurrencies: Bitcoin and Ethereum are accepted. It is planned to issue about 379 million Orvium tokens in total.

The company allocated for sale 60% of the total. This will amount to 227.4 million. The hard cap is $20 million as envisioned by the team. About 20% of the total internal currency will pass to the developers and contractors.

Wrapping Up

The Orvium platform has great potential. The niche of copyright and research works virtual space is empty. Therefore, the project team just had to take over its product. Thanks to the built-in features, the users will be able to access services that previously were available through the government and governmental institutions. Along with it they will be able to save a significant amount of money.

Simplicity of operation and the blockchain technology add a number of features for communication and data access security. The open source code allows to involve everyone who wants to develop the project.

Functionality is gradually being improved, which helps the system to find simple and user-friendly enhancements. The platform team has planned to spend 40% of the raised funds on the development. For a scientific field, which includes a large number of people, such a solution will be useful since it simplifies the publishing procedure and information protection.

To get more information about Orvium you can visit:

Orvium Website: https://orvium.io/

Orvium Whitepaper: https://orvium.docsend.com/view/nvr6ywj

Orvium Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3535259.0

Orvium Telegram Chat: https://t.me/orvium

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