This is how we plan to disrupt the biomedical industry [FLUXEL ICO] **BitTalk TL;DR

in #steemit8 years ago (edited)

[PRE-ANN] [FLUXEL ICO]

OpenDrop is an open source microfluidics platform for biotechnology and molecular diagnostics, developed as a Decentralised Collaborative Organisation, whose value-chain and governance deploys blockchain 2.0 technology to leverage stacked, multi-sided, non-linear business models.

EDIT 24th June 2016: First of all thanks for your interests!
A couple of things:

  • I've added the extended current documentation that was previously only on steemit to this thread on Bitcoin Talk. Here you will still find find a short read of the project, so if you don't want to dig too much in technicalities you can just read this brief description (and vote it up!)
  • Tied to the first point, I recognize that is all a bit too technical so I'll try my best to make it simple, but ask me anything. We're indeed planning to break down this complexity in more understandable formats in further edits of this post.

Further information and disclosure of the team will come in the next weeks. Stay tuned.


What is this

Making a long story short, it's a DCO (Decentralised Collaborative Organisation) that develops lab-on-a-chip devices for diagnostics and sample preparation suitable for a large plethora of different applications in the field of biotechnology. See the TL;DR on Bitcoin Talk on to know more about the technology we develop. We've been followed by MIT, Toronto Microfluidics lab and other European/Switzerland major research institutions as we bring disruption to the field making it cheaper and more accessible for anyone.

Why to invest

The industry is still patent pooling since two decades for obvious reasons: they are not working at marginal costs with current infrastructure so they're still making lots of money with consumables and leasing their expensive machinery to the biomedical research sector. Moreover, their plans to deliver customer grade devices looks more on commercialize (this already existing and available technology!) from 2025 on so they exploit maximal margin from the old infrastructure they control. We simply want to displace them.

Their plans are fictitious because the technology is already there since many years now but they want to profit as much as they can. We're talking about very few big dinosaurs, that –btw– tried and are still trying to tease us so that they can buy the whole thing and makes us stop working on it.

We want to change that.

We want to make this technology available for both educational, research and clinical applications.

If you're into micro/nanotechnology please read the TL;DR on Bitcoin Talk.

We have envisioned an platform-thinking model that leverage incentives systems deploying blockchain 2.0, both for managing the company and for rewarding the ecosystem to build their stacks on the top of our platform.

Who we are

We will disclose the full team in the next few weeks. Meanwhile I can tell you that we're a large team of scientists, researcher and cutting-edge innovators that are experts in our respective fields.

How our DCO works

How does the blockchain based incentive model works:
We're going to build our company as a DCO. So we will issue a token in exchange of capital on the top of an already existing blockchain infrastructure (TBD). These tokens represent equity in our company. Token holders will be able to liquidate their position at any time, even though they will also be greatly incentivized to remain in the ecosystem, cause periodically the company will payout holders.

Summed to this, tokens will be also distributed to producing entities according to the value that they produce. Producing entities are those entities that will develop meaningful applications on our hardware/software platform, as well as entities that works on the governance of the project (i.e Contributors and Members ---> see TL;DR on Bitcoin Talk).

The whole system deploys an innovative accounting system based on reputation tracking and collaborative-decision making.

We designed this systems as such as we believe that according to RBV matrices the main asset is the cognitive power of users and peers to develop stack of services and products on the top of our generative infrastructure. Central to this stand bio-protocols (lines of code to run the machine that have practical use and consumer appeal).

As already mentioned above these producing entities will also earn tokens but in a system similar to steemit so they have both incentives to cash out regularly on the short term and long term benefits in remaining with part of their reputational position in the ecosystem. We strongly believe that this would show that open science can have a scalable cooperative platform model of sustainability and development able to compete with traditional funding and research systems.

For further information read the TL;DR on Bitcoin Talk onand stay tuned here, we will disclose more in the next weeks.

Current Roadmap

  • End of September 2016: start of the 1st crowdsale of FLUXEL coins that represents equity, it will be announced here and on Steemit. This first wave will grant equity at the maximum rate. Further details will be disclosed soon.
  • December 2016-January 2017: Traditional crowdfunding campaign to sell the hardware.
  • February-March 2017: 2nd and last crowdsale of FLUXEL coins. It will last three weeks with three down-scaling rate tiers
  • End of May-June 2017: FLUXEL coins distribution and shipping of the hardware

----------TL;DR---------
You find the long read on this thread of Bitcoin talk. Please comment and express your interest!

See you soon!

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The thought of a science research network, collaborating on projects and with results from different labs 'upvoted' like Steemit is doing for writers, is very inspiring. Looking forward to contributing to the shared results!

Keep up the good work!

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