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Science DAO recognizes the problem within the science publishing ecosystem and the project seeks to solve this problem through open source publishing.
Science DAO has unveiled its ambitious project. The team identified several issues related to the current way scientists publish and receive peer review.
The scientific publishing process has evolved over the years, according to the team, and is now dominated by digital media, given recent technological advances and the expansion of the Internet. However, the publishing process still has challenges that adversely affect the market.
The Science DAO explained that the peer review system is an integral part of scientific publishing, which requires a great deal of time as it requires a great deal of work and coordination among various stakeholders.
Peer review is not only difficult, but it is also a thankless job. Some authors resent offering free labor to profit-seeking companies.
The Science DAO hopes to solve some of the problems within the science publishing ecosystem. The project provides a platform for scientists to connect with the public and tap unexplored paths for ideas, funding, and support.
According to the team, the problem will be solved through decentralized science (DeSci).
DeSci builds a scientific toolset to bring Web2 academia into the digital world. Built on the open science movement, this technology empowers scientists to raise funds, share data, distribute insights, and much more. The team said:
Science DAO, through DeSci, hopes to help the scientific community around the world thrive by harnessing decentralized technology. It’s about revolutionizing transfers.
Through this kind of science sharing, researchers and investors can connect with altruistic individuals and organizations that actively seek to support science for the public good. This direct access may also help researchers generate new ideas. “
Founded by CEO Joey Poareo, Science DAO is a decentralized think tank, incubator engine and accelerator platform that brings inventors, entrepreneurs and institutions together to become well-informed in the vast world of technology. The aim is to enable you to make informed investments.
Poareo uses the Science DAO to encourage investment in science by enabling institutional as well as private investors to come together and be part of the game-changing inventions essential to the betterment of mankind. I want to
Science DAO token holders have voting rights on upcoming emerging technologies. The token will serve as the platform’s governance token, and each token will count as one vote for him.
Finally, the Science DAO aims to support scientific projects from the early stages until long after they are launched. At Science DAO, projects are funded through the digital assets and non-digital assets community.
