Scienceroot - Leveraging Blockchain Technology To Transform The Scientific and Research Community

PREAMBLE

A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, Scienceroot, a holistic blockchain-based ecosystem enabling the academic community to reap its rewards has arrived.

Before I take you on this voyage, please check out this video presentation

Now that I have your attention, let’s get right to it.

What exactly is Scienceroot?

Scienceroot is a holistic blockchain-based ecosystem enabling the academic community to reap its rewards. Scienceroot will bring together all the important functionalities needed by researchers, scientists and academics. It has made their daily transactions easier by enabling them to focus on maximizing their impact in the scientific world.

The Vision

The vision is to enable the science and research communities, utilizing blockchain.

The Misson

The mission objective is the creation of an ecosystem tailored to the needs of the global research community.

Intended to function as a centralized hub, users are able to seek out funding opportunities, interact, discuss and collaborate.

With Scienceroot’s focus on providing an intuitive, transparent and efficient platform, our very own Cryptocurrency will be integrated to infuse life into their vision.

Science Token (ST) allows you to exchange funds, submit articles to their journal, access content, and reward others for their contributions.

Compounding all critical aspects relevant to today’s knowledge worker into one easy-to-use suite, they aim to empower the global science community by rewarding those who deserve plenty.

The Main Goal

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, intuitive and transparent platform.

Scienceroot uses blockchain technology to improvise the research journals. Their goal is to create an ecosystem where each individual can be a part of the scientific community around the globe. Not only will they have the participation but also they 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. They will encourage scientists to publish negative results so other involved parties can pick off where they left off or maybe just start over from a different angle. It will improve the collaboration between researchers, remove the waste of resources and time, and create a transparent and efficient scientific community.

Their scientific ecosystem will be powered by their own unique currency called Science Token (ST), which will be used to exchange funds, store articles on the blockchain, crowdfund scientific ideas and exchange services through their scientific marketplace and reward parties involved.

Advantages of Scienceroot

Lower Fees

First of all, they aren’t big on fees.! Driven by the idea of giving back to the community, they pass the sales revenue right back into your wallet. But reducing fees is just the beginning.

Efficient Collaboration

Let’s say you are at risk of missing a crucial deadline and need a hand with research, but from someone experienced. This is where our platform jumps into action.

First, pick an expert from our database. After you and the expert of your liking have agreed on the terms of your research agreement, you set up a smart contract on our blockchain. This smart contract has the condition to be executed once you have received a file containing the results. Following the fulfillment of the condition, the contract triggers and conducts what it has been instructed to do.

They developed this feature because they absolutely love the idea of allowing for more complex agreements between humans making use of Scienceroot, without us restricting, interfering or regulating.

Immutability

Immutability is considered crucial to ensure coherence of all publications.

Every publication on the Scienceroot platform can be tracked and its lifelong accuracy ensured. This immutability is critical for ensuring the dissemination of information over long time periods, especially in a long-term research context.

Opening Science to the Public

Users who aren’t scientists themselves but realize the potential in your showcase can instantly donate Science Tokens to your effort because of the ease of transactions made available by the Science Token cryptocurrency. This means that as a researcher you’ll be able to showcase your findings or ideas to the widest audience possible with the potential of receiving valuable donations from non-traditional sources.

TOKEN AND ICO DETAILS

Name - Science Token

ID - 2WYtoFNzLaqh9ui96n6KUVT84i8UHqj9esdfigamgt9V

Platform - Waves

Token Supply - 500 000 000

Round 1 (Seed round)

15.07 – 15.08.2018

12.500.000 Science Tokens sold at 0.04 EUR for the equivalent of 500.000 EUR.

Round 2

15.01 – 15.02.2019

33.000.000 Science Tokens sold at 0.06 EUR for the equivalent of 1.980.000 EUR.

Round 3

15.07 – 15.08.2019

93.750.000 Science Tokens sold at 0.08 EUR for the equivalent of 7.500.000 EUR.

Round 4

15.01 – 15.02.2020

160.750.000 Science Tokens sold at 0.1 EUR for the equivalent of 16.075.000 EUR.

Token Allocation

60% Tokensale

15% Founders, Team, Advisors and Early Contributors

3% Bounty, Airdrop, Community

2% Referral

20% Scienceroot Fund

Use of Proceeds

30% Software Development

40% Business Development

15% Operations and services

10% Reserve and Unexpected

5% Legal

Why SCIENCEROOT?

The platform will allow scientific results may be published and stored, no matter the outcomes.

The internal process will be sped up since reviewers will get paid.

Users will be able to reward them.

This is one stop ecosystem containing all the platforms a scientist needs.

It is a centralized platform containing all necessary information related to research.

ROADMAP

MEET THE AMAZING TEAM

Vlad Günther is a Consultant, Engineer and Project Manager with 6 years of experience in Enterprise IT, Finance and Management.

Alexandru Chirita is a physicist currently doing his PhD at the University of Vienna.

Frederik Huschebeck is an experienced Backend Developer with extensive knowledge of Blockchain configuration, Mining and Smart Contract Development.

Michael Schönbeck studied International Affairs at the Rhine-Waal University of Applied Sciences in Kleve, Germany.

Sven Seemann is a frontend and backend developer with experience in developing healthcare software.

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

For more information, please visit:

Website: https://scienceroot.com/

Whitepaper: https://scienceroot.com/resources/whitepaper.pdf

Twitter: https://twitter.com/scienceroot

Facebook: https://www.facebook.com/scienceroot

Github: http://github.com/scienceroot

Medium: https://medium.com/scienceroot

LinkedIn: https://www.linkedin.com/company/18244093/

Reddit: https://www.reddit.com/r/ScienceRoot/

Telegram: https://t.me/scienceroot

Bitcointalk: https://bitcointalk.org/index.php?topic=4613110.new#new

Author: TheMichaelMatch

My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.