we are happy to answer your questions.

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

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

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

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.

-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

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?

Hi there,

The full price public sale will take place after the public presale which is on 01/02/2019, this will run for four weeks..

We will go to market with the platform mid 2019. Although we have an MVP based on the fully functional prototype, we require funding to both further develop the platform. In particular we need to work on product development and user experience. We also need funding to pay for marketing and sales of the platform.