I often hear : "Why do you want an ICO and a blockchain ?"
The answer is clear :
The creation of this new currency is necessary for three main reasons:
•Rating knowledge trades with currency. the world of science hates money. Most scientists and other kinds of knowledge owners aren?t motivated by money. Their objective is to create knowledge and in general, they are fundamentally opposed to the financial model. Using a token allows us to overcome this hurdle. It will also have multiple use cases on our platform (purchase books, reviews, subscriptions to scientific and tech magazines, tickets for conferences and salons?). The knowledge owner will, in the end, never have to use FIAT currencies if they so desire. They can sell knowledge for CTY, purchase other knowledge for CTY, creating new knowledge in the process.
•Setting up a circular knowledge economy. The challenge is to allow the free and unlimited trade of knowledge between people, without restrictions. But trades still have to be measured and quantified to be fair to those who share knowledge. Those sharing the most will be able to use their earned tokens and spend them through our knowledge store or convert them into the currency of their choice.
•A reliable and secure trade option for this global scale project. ERC20 tokens bring all the positive features of the blockchain: Security, decentralization, confidentiality, very low operating cost. But it also brings aspects of the Smart Contracts technology (automatisation of processes, flexibility, trust and reliable environment...).