Topic: [ANN] [ICO] EUREKA - DISRUPTING THE $23.5 BILLION SCIENCE PUBLISHING INDUSTRY - page 2. (Read 1035 times)

Hmm, i see there is no benefit that the token holders will get for holding the tokens since i just see that token will just be used to get some features.
But maybe there will be a mechanism to make the token price increase like token burn or something like that?

Feb 2019 untill public sale begins? why such a gap between private/pre-sale with crowdsale if i may ask? what will happen with the project and the funds raised so far.

-I was also looking for the pre-sale information, but only found that the public sale should begin in Feb 2019.
-The token should be a utility token from what I read about the used of the tokens and platform in the whitepaper here : https://eurekatoken.io/whitepaper_v3_1.pdf

The private sale and the pre-sale is already ended? How much did you raise in those stages?
And could you explain the benefit for holding your tokens and is it a utility or security token?

Many thanks for your great questions.

So at present, if a university wants to launch their own journal, they have very few platform options to choose from. What we are offering is a platform which will be lower cost, more customisable, and importantly designed and built by a team with both science publishing experience and also blockchain development experience.

As we are based at Trust Square in Zurich, which is a blockchain hub, and we have a lot of academic support, we are in a good position to go to market next year.

Finally, unlike many projects, we have a fully functioning prototype, and an MVP. This means we can confidently go to market mid 2019 and we already have clients lined up.

Something interesting here,, by disrupting the $235 Bil science publishing industry
but, how can this project could be better by the others publishing platform ? and why we should invest here
thank you

Thanks for posting about the token listing

Please note that the dates in the image of your post are incorrect. I will be contacting a member of the base.info team to correct this.

Werner - Community Manager at EUREKA

By existing platform, do you mean the platform already developed by our core team, www.sciencematters.io? As the team behind EUREKA comes from an established science publisher, ScienceMatters, the ScienceMatters journals will run on the EUREKA Platform from next year. I haven't understood what you meant by will everyone need to publish with EUREKA, please could you clarify?

EUREKA is a platform on which organisations can launch their own open access peer reviewed journals. We will provide a basic free to publish option with pay per use functionality, as well as fully customised journals.

To read more about how EUREKA will improve the science research and publishing system, please take a look at some of the articles written by our team: https://medium.com/eureka-token

What about existing platform? Does everyone need to publish with EUREKA now?

Thanks for the question! Since the research cycle extends beyond academia it's crucial that EUREKA has stakeholders from outside academia too. Non-academic token-holders have a crucial role to play in democratising SCIENCE 

Thanks for your question.

The existing science research system is extremely wasteful, inefficient, and does not deliver value for money. Equally, the profit margins of the traditional science publishers are around 40%.

At the moment most research is pay to publish and then pay to access, or pay double or triple to publish, so it is free to access. Academic research is paid for by you and me via our taxes, or when we pay for medicines or other products that required academic research.

Our idea is to build a community of supporters who support our open access mission. We also seek supporters who also believe in the power of blockchain technology (in this case Ethereum) to create an ecosystem which will encourage and incentivise positive behaviours, such as reviewing articles, having an article cited elsewhere on the platform, replicating an existing study to confirm it (or not) and so on. We are also time-stamping each submission and variation on Ethereum, and providing a method to prove ownership of research. This is important for scientists to be able to prove they were the first to publish, and also important from an intellectual property perspective.  

In a nutshell, it is in the interest of society at large that the science research system is improved, as it is us who will benefit in the long run.

So as to why non academics should buy the tokens: Firstly, it would mean being part of the community and also part of the movement that funds the development of the platform. Secondly, by having a global network of supporters who are also stakeholders, this is along the lines of our mission to be a 'social good' enterprise. Lastly, as the token will be required to use the ecosystem, and as we aim to go to market in the middle of 2019 with a finished product, we expect demand for the token to rise as more journals launch on our platform. 

Here's an article on our Medium page which may help explain: https://medium.com/eureka-token/the-publishing-problem-in-science-can-be-fixed-with-tech-1d6241aeb77f

Looks interesting and could have potential.

However, why should a non-academic buy these tokens?

we are happy to answer your questions.