$SCIHUB: A NEW PARADIGM FOR FUNDING SCIENCE WITH MEME COINS
Hanna_S's bookmarks 2025-01-12
Summary:
Abstract "Traditional funding models for science often suffer from inefficiencies and inequities, limiting access to resources for underrepresented researchers or unconventional ideas. Decentralized Science (DeSci) leverages blockchain and cryptocurrencies to overcome these barriers, promoting open access and global collaboration. This paper introduces $scihub, a community-take-over meme coin to sustainably fund Sci-Hub, a trailblazing open science platform. With 20% of its token supply allocated to Sci-Hub founder Alexandra Elbakyan through a structured donation plan, $scihub ensures consistent funding and encourage sustained community-driven effort. By combining the viral appeal of meme coins with the mission of open access, $scihub exemplifies how blockchain can address real-world challenges. Its paradigm has already inspired several initiatives, demonstrating the potential of decentralized funding for science and public goods."