Orvium’s Token Mechanics

At the moment of manuscript submission (initial or new version) authors can stake a number of ORV tokens to encourage and challenge the community for peer reviews. The number of paid reviews and the number of ORV tokens staked for each review will be determined by the author. These ORV tokens can be claimed by reviewers after their reviews are accepted. Peer Review Researchers acting as peer reviewers will submit their reviews to Orvium. This represents a change in the life-cycle of the manuscript reviewed. Therefore it will also create a public proof-of-existence and authorship of the review in the blockchain. The review proof and content will be attached to the history of the manuscript and will be public and accessible to the whole community. Orvium also introduces tools for the community to validate and act as an independent oracle for the review itself.

The different phases of a manuscripts’ and journals’ life cycles (such as manuscript submission, peer review process, payments for copyright licenses, research data sharing, journal management, etc.) generates exchanges of ORV between institutions, authors, peer reviewers, journal owners, readers and any other social actor involved. This decentralization unlocks the full potential of a new, fair, transparent, and competitive market controlled by the community, free of biased oligopolies and hidden interests.

Orvium’s goal is to eliminate market inefficiencies and improve the quality and effectiveness of scientific publishing. The ultimate objective is for Orvium to be the leading publication platform for the research community while returning the benefits of science to the society. Here’s how Orvium works:

Manuscript Submission

Authors submit their manuscripts to Orvium, creating a public proof-of-existence and authorship which is stored in the blockchain. Orvium offers full traceability of the life-cycle, therefore, versioning is supported. At any moment, usually after peer reviews, authors can submit new versions of the manuscript.