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ResearchCoin
About ResearchCoin
ResearchCoin (RSC) is a digital currency linked to ResearchHub, designed to advance scientific research. Operating on the Ethereum blockchain, it serves for community governance and as a reward within ResearchHub. Its aim is to promote collaboration in academia, thus enhancing research productivity. RSC rewards activities on ResearchHub such as publishing and peer reviewing. Users earn rewards for tasks like uploading papers and participating in discussions, based on community votes. It enables users to tip content and set bounties for specific tasks, like funding reviews. Owning RSC also confers voting rights in community decisions, including hub management. Co-founded by Brian Armstrong (CEO of Coinbase), Patrick Joyce (COO), and Kobe Attias (Engineering Lead), RSC merges blockchain technology with academic collaboration.
ResearchCoin (RSC) is a digital asset associated with ResearchHub, a platform focused on accelerating scientific research. It operates as both a token for community governance and a rewards token within the ResearchHub ecosystem, and is built on the Ethereum blockchain. The primary aim of ResearchHub and ResearchCoin is to cultivate a fully open and collaborative environment for academics and researchers, thereby enhancing the efficiency of scientific research. ResearchCoin is employed as an incentive for a range of activities on the ResearchHub platform, including publishing, reviewing, criticizing, and engaging in open collaboration on scientific work.
ResearchCoin (RSC) fulfils several key functions within the ResearchHub platform. It rewards users for contributions that include uploading scientific literature, engaging in discussions, and participating in peer reviews, with rewards determined by community upvotes. RSC also enables users to tip content they find particularly valuable and to set bounties for specific scientific tasks, such as funding peer reviews or creating graphical abstracts for scientific papers. Furthermore, holding RSC grants users voting rights, allowing them to participate in significant decision-making processes within the community, like adding or removing hubs.