Science and technology plays a very crucial role in the planet earth undoubtedly, as it has been the major reason behind perfect co-existence of all living species on the planet. You wouldn’t deny the fact that if you were given an option to live either in this century or the previous ones, you’d rather choose to live in this present century or even the future ones.

But then, what really makes the big difference?

The best answer to that is simply science and technology. We keep seeing new discoveries and technology everyday that are geared towards making the world a better place to live for all and each time these discoveries are being made, they need to be properly document for the purpose of history and referencing.

Unfortunately, the brilliant minds behind these ideas are not being compensated for their great works, each time a researcher publishes a journal or article of any new discovery on scientific publishing platforms, they get no compensation most times for their work and the most annoying aspect is that these publishers monetize these works made by the researchers. In my own personal opinion, I think this is mainly because these platforms are centralized in operations, hence the administrators decides and imposes rules on their users.

We all know fully well that decentralization is the solution to most of our problems as humans and that’s the exact reason behind the advent of blockchain technology. The technology has been proven to be able to stand the test of time and it’s been integrated in most global sectors, hence the reason why it’s being referred to as the next technological revolution.

This is the exact reason why the crypto commonwealth platform has decided to make use of this platform to transform the scientific publishing industry.

Crypto Commonwealth

As we all know that the scientific publishing industry is a large one with over $30billion market cap and an homogenous in operation globally, the industry is also made up of top scholars all over the world and as such, this makes it an excellent target audience for the Crypto commonwealth platform.

Crypto commonwealth is a blockchain based scientific publisher and asset managing platform which has been created to offer compensation to all community contributors in the publishing and investment industry.

So Crypto Commonwealth basically does not only deal with compensation of scholar and researchers but also provides solutions to the assets management and investments, isn’t that interesting?

How it works

Crypto Commonwealth will apply its tokenomics on its website, and then develop a separate website for advertising and soliciting e-prints for some time, thereafter invite active scholars to operate the peer reviewed journal.

So how does the blockchain come into play?

The blockchain shall be used in vetting the originality of each journal by committing each submission to the blockchain network while the text shall be saved permanently therein.

All profits made from each journals shall be redistributed back to editors, authors and reviewers.

The platform has also created its own native token (COMM tokens) which is an ERC-20 based token and has a total supply of 1,000,000,000. Holders of the token will be able to participate in subscription, circulation and investment ecosystem. The token is already trading on IMOEX and ChainX.

CBND also known as COMM’s Bond bridges initial funding and listing and it has been created to improve COMM’s liquidity and ICO locking transparency. There’ll be a future token swap for all CBND holders to COMM’s token at 1:1 ratio.
All converted CBND token will be burnt instantly.

Crypto Commonwealth has several other features and functionalities embedded on the platform which will not only transform the scientific publishing industry but also succeed in bringing tremendous changes to asset management and investment, however, this is just a quick review of the platform, but more detailed information is available on the whitepaper and website with other official channels listed below;
Website
Twitter
Facebook
WhitePaper
Linkedin|ANN
Pitch Deck
Medium
Telegram
Youtube

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