why this new ico is emerging
Problem Overview
The scientific publishing industry is one of the most profitable in the world. The top five publishers account for 50% to 70% of all publications, and their profit margins have been reported to exceed those of companies such as Google, Amazon and Apple. In 2015, the global market for scientific, technical, and medical (STM) publications was an estimated $25 billion.
In contrast to any other publishing industry, private scientific publishers have pushed the publication efforts and costs to the research community. Scientific publishers have created an awkward triple-pay system: (1) governments fund most of the research, (2) volunteer scientists—usually paid by the government or research institutes—review the work, and (3) publishers sell the product back to governmental institutions and universities. Scientists and research institutions regularly criticize this outrageous economic model, which compromises the dissemination and growth of scientific knowledge, a process responsible for some of the most revolutionary changes in human history.
Moreover, the current publication model has several problems affecting the research community, including high publication costs; copyrights held by publishers rather than authors; long, opaque and oftentimes biased publication and peer review process; lack of rewards and recognition for reviewers; and a proliferation of lowquality journals.
In the last few decades, several initiatives have tried to improve this situation. However, these initiatives have been insufficient to reverse market inefficiencies and barriers.
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About Orvium
Problem Overview
The scientific publishing industry is one of the most profitable in the world. The top five publishers account for 50% to 70% of all publications, and their profit margins have been reported to exceed those of companies such as Google, Amazon and Apple. In 2015, the global market for scientific, technical, and medical (STM) publications was an estimated $25 billion.
In contrast to any other publishing industry, private scientific publishers have pushed the publication efforts and costs to the research community. Scientific publishers have created an awkward triple-pay system: (1) governments fund most of the research, (2) volunteer scientists—usually paid by the government or research institutes—review the work, and (3) publishers sell the product back to governmental institutions and universities. Scientists and research institutions regularly criticize this outrageous economic model, which compromises the dissemination and growth of scientific knowledge, a process responsible for some of the most revolutionary changes in human history.
Moreover, the current publication model has several problems affecting the research community, including high publication costs; copyrights held by publishers rather than authors; long, opaque and oftentimes biased publication and peer review process; lack of rewards and recognition for reviewers; and a proliferation of lowquality journals.
In the last few decades, several initiatives have tried to improve this situation. However, these initiatives have been insufficient to reverse market inefficiencies and barriers.
Orvium Mission
Orvium works to eliminate market inefficiencies and improve the quality and effectiveness of scientific publishing. The ultimate objective is for Orvium to be the leading publication platform for the research community while returning the benefits of science to the society.
Orvium Solution
Orvium leverages a unique and seamless integration of cutting-edge technologies: Ethereum blockchain and smart contracts, decentralized storage solutions, big data analytics, and cloud computing, to create a platform to process, validate, and disseminate research data and results.
The Orvium platform is characterized by the following:
• Instantaneous proof-of-existence. Manuscripts are available from the moment they are submitted to Orvium.
• Copyright and licenses are owned and transferable by authors. Authors retain control of their work and its potential economic benefits.
• Optimal publication and access costs. The prices are not influenced by monopolistic or oligopolistic market structures.
• Efficient framework to create decentralized journals with low maintenance and operational costs.
• Seamless integration between research data and results.
• Continuous and transparent peer reviews. The research community is empowered to publicly determine the validity and soundness of the research.
• Public recognition and economic reward for peer reviewers.
• Journal subscription freedom. No journal subscription model is enforced.
• Accommodates gray literature and its validation.
• Transparent calculation of quality metrics such as impact factor and peer review quality.
• Eliminates current “predatory” practices and conflicts regarding plagiarism, idea ownership and registration.
• Social platform.
In addition, Orvium is founded on open source principles, therefore all the software developed by Orvium is, and always will be, open source.
Orvium Disruption
*Science Revolution in the Blockchain
*Icon for decentralized model
*Decentralized Model
*Orvium unlocks the full potential of a decentralized, fair, transparent and competitive market, free of biases, oligopolies and private interests.
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*Zero-delay Publication
*Scientific work is available from the moment it is submitted. Orvium establishes an independent, decentralized and *immutable time-stamped proof of existence, authorship and ownership.
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*Full lifecycle traceability
*A public trace of all the activity is kept in the blockchain: submission, revisions, accepted and rejected peer reviews, copyright and user license changes, etc.
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*Authors select license and own the copyright
*Orvium produces bespoke licensing models by design. The model is always the author's own decision.
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*Research Data and Process
*Orvium empowers scientists to share their complete studies by making available research data, code, etc. This increases scientific validity.
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*Big Data Analytics and Machine Learning
*Orvium integrates Big Data Analytics with the blockchain. This unlocks valuable insights to improve scientific production.
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*Decentralized Journals
*Decentralized journals offer a low maintenance, highly flexible, cost effective and completely autonomous way of handling and categorizing scientific literature, while offering an additional line of business for authors and editors.
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*Collaborative Environment
*Orvium provides a collaborative framework for any single process related to the manuscript life cycle.
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*Involve Society in Scientific Evolution
- Orvium invites the general public to redefine journals, to create challenges that increase scientific validity and to promote patronage campaigns in both the public and private sectors.
Token ORV
Price 1 ORV = 0.1 USD
Bonus Available
Bounty Available
Platform Ethereum
Accepting ETH
Hard cap 20,000,000 USD
Country Estonia
Whitelist/KYC KYC & Whitelist
Restricted areas Afghanistan, Belarus, Bosnia, Burundi, Central African Republic, Comoros, Congo, Eritrea, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Libya, Myanmar, North Korea, Puerto Rico, Somalia, Sudan North, Sudan South, Syria, Yemen, Zimbabwe, Philippines, Cuba, Mali, Tunisia, United States of America.
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links
Web Site https://https://orvium.io/
Whitepaper https://orvium.docsend.com/view/nvr6ywj
Twitter https://twitter.com/orvium
Facebook https://www.facebook.com/orvium.io
Telegram https://t.me/orvium
Ann https://bitcointalk.org/index.php?topic=3535259.0
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Myetherwallet: 0xd9613A75671E43D8bDd0aE885979F77C3861889f
By v17753150