Eureka (ICO Review) — The Next-Generation Open Science Platform — Powered By Blockchain

The team behind land open access publisher ScienceMatters declared nowadays they're developing a pioneering blockchain-based peer to look scientific information business enterprise critique and rating platform, that is anticipated to own a sweeping impact inside the $25 billion scientific business enterprise business. this might be the world’s 1st blockchain primarily based scientific business enterprise, rating and funding platform that aims to revamp the science business enterprise sector.

EUREKA could be a scientific review and rating platform fuelled by the EUREKA token from EKA Blockchain Solutions GmbH. Blockchain has the capability to open science and create analysis findings immutable , clear and localized. EUREKA revolutionises the scientific business enterprise and reviewing method by creating it a lot of economical and truthful victimisation the EUREKA token to compensate all parties concerned. Scientific discoveries will currently be overtly rated and rewarded supported the standard of the analysis.
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Science matters

ScienceMatters may be a scientific on-line commercial enterprise platform. The team behind ScienceMatters is additionally behind the EUREKA platform. once launching in 2016, ScienceMatters has operated multiple journals and covers all aspects of science commercial enterprise. within the same year the corporate was supported by the ecu Commission. it's twenty four scientific board members chaired by the Nobel Laureate academic. Tom Südhof and around 600 editorial board members from a number of the most effective institutes round the world, like Harvard University, Stanford University, ETH and also the Max-Planck Institute.

How it works?Revelation Time stamping of scientific data

Scientific observations are timestamped, hashed and recorded on the Ethereum blockchain. this provides the author or discoverer immediate possession rights, and ensures scientists’ and researchers’ discoveries are tamper-proof.

Evaluation Peer-to-peer evaluation

Scientific observations endure crowdsourced, peer-to-peer reviews that are transmitted and recorded on the EUREKA platform. The EUREKA platform can create use of crowdsourced knowledge and reviewers to induce quick, correct evaluations of the work, rather than being restricted to at least one or 2 reviewers, as is common observe.

Worth assignment Rating

The EUREKA platform’s crowdsourced marking of scientific work will give researchers yet as publishers with a brand new metric that may be wont to judge submissions more fleetly. Preprints or observations with ratings and reviews are archived through the EUREKA decentralized and distributed system. In cases wherever the author desires to publish in an exceedingly ancient journal, the scores may be transferred to the journals. The take a look at scores are out there to funders, universities and prize or awards committees.

Award Funding research, career, awards and prizes

EUREKA can have the primary blockchain-based scientific classification system, preprint server and single observation platform that give reliable, immutable scores and information which will be transferred on the blockchain to funders, establishments and on to journals. Sources of funding might create choices supported ratings and reviews on the EUREKA platform.

Data analytics AI-based prediction e.g. drug discovery

An artificial intelligence-based prediction tool can make use of ScienceMatters’ algorithmic program that identifies connected studies and observations by cross referencing annotations and links them to create a narrative. This technology may well be leveraged to predict targets for drug development.

EUREKA brings the Blockchain

EUREKA Blockchain Solutions GmbH (incorporation and registration in process), can become a supplier of technology to publishers each indirectly and directly, and can develop all the blockchain-based technology to change a a lot of economical and trustworthy commercial enterprise method by introducing the EUREKA Platform for timestamping discoveries, gratifying reviewers and dispersive commercial enterprise. what is more, the EUREKA token powers the REWARD system, that supports to resolve elementary problems inherent to this research project systems. this enables commercial enterprise homes, like ScienceMatters, to be one observation publishing firm whereas running their operations over the technology platform provided by EUREKA Blockchain Solutions GmbH. commercial enterprise homes pays license fees to EUREKA Blockchain Solutions GmbH for the utilization and integration of the EUREKA Platform.

Problems and Solutions

Academia is facing well-documented serious challenges from current models for studious business enterprise including:

Long delays in business enterprise analysis
Overreliance of trust in researchers, peer reviewers and publishers that makes undependability and unreliability in science
Absence of honest credit for contribution
EUREKA’s REWARD system aims to unravel this issues by allowing:

Publishing in real-time: From the instant of their conception, scientific observations are recorded on the EUREKA platform as single observations or preprints giving the author or inventor:
Immediate possession rights and fast credit and recognition.
Instantaneous feedback from peers.
Instantaneous and open sharing with the scientific community.
Crowdsourced and paid peer-reviewing: By employing a blockchain primarily based platform we:
Make use of each crowdsourced knowledge and time zones to induce a quicker and a lot of correct analysis of the work.
Ensure the review method is bias-free and supported benefit alone.
Enable smart-contract primarily based payments to compensate authors, reviewers, similarly as anyone UN agency contributes to the advancement (development) of the work for his or her efforts.
Immutable, clear and suburbanized publishing: business enterprise on the EUREKA platform ensures that archived knowledge is changeless, timestamped; version controlled, and firmly distributed therefore providing a perfect system for analysis knowledge management that doesn't place trust on either the publishers or authors.

Technology

Although, the blockchain-based system aims for spread, a centralised backend provides a convenience layer to access the blockchain. Besides this backend, the infrastructure consists of a frontend half and a blockchain part. The frontend may be a browser that gets its content from the backend. The frontend has to have MetaMask put in that provides a web3 interface to Ethereum.

The EUREKA Token (EKA)

EUREKA tokens and platform are used for:

Submitting articles for review
Proving possession of observations and analysis output with timestamping
Up option and down voting articles with EKA micropayments
Voting for awards and prizes
Paying the submission fee, which incorporates a fee for operational prices and a variable fee to reward 2 or a lot of peer reviewers?
Automatically connecting peer reviewers with manuscript submissions
REWARD ratings from peer reviewers is used anyplace
Rewarding peer reviewers, authors for citations and for having exceptional REWARD ratings
Research funding exploitation sensible contracts: cathartic funds for studies, referee once conditions are met
Token pledges, awards and prizes contributed by organisations for scientists and researchers to achieve set milestones and facilitate solve society’s issues
Decentralised, peer-to-peer crowdfunding from the final public to directly pay scientists round the world to conduct analysis studies on the EUREKA Platform into beneath
researched diseases and ailments
In the EUREKA Marketplace as a top quality live for analysis proposals

Token Sale

Accepted currencies: BTC, ETH
Token Ticker Symbol: EKA
Public Sale worth per Token ($): zero.10
Total provide (#): 298,607,040
Tokens for ICO Sale (#): 149,303,520
Hard Cap ($): fourteen,930,3521
Soft Cap ($): a pair of,000,000

Roadmap

_For More Information _

Website: https://eurekatoken.io
Whitepaper: https://eurekatoken.io/whitepaper_v3_1.pdf
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