Thanks for all of these questions. I hope my answers are able to help. If you'd like - it would be great to connect to have a more in-depth conversation at some point. Feel free to reach out to hello@researchhub.com if want to chat!
1. Yes, RSC is 100% pre-mined and earmarked for distribution to the community, team, founders, and ResearchHub corporate entity. We plan to distribute about 5-6% of the total RSC supply per year to the community as rewards for posting science on the platform.
2. In the future, if we run out of RSC and need to add to the total supply the ResearchHub DAO will be able to vote to mint new tokens. There are two mechanisms at play that keep the DAO honest:
* An open source codebase - If the ResearchHub team ever goes rogue and fails to act as stewards of the community, the community will be able to fork our codebase and manage a new version of ResearchHub how they see fit. See the Steem vs. Hive example to see how open-sourcing can give community an option to exit: https://hackernoon.com/inside-trons-steem-takeover-attempt-a...
* RSC holding represent ownership in the DAO. For every coin held, an individual wallet gets one vote. This means that the biggest hodlers of RSC will have the most influence.
On the surface the concept of more coins = more influence might seem like a bad idea, but we believe that carefully distributing RSC into the hands of the scientists and community members who care the most about our mission will result in the best governance.
Regarding guarantees against the team dumping tokens - we currently have vesting smart contracts for employee token grants and would be open to enacting other measures to ensure a healthy market for RSC if requested by the community.
3. I wrote a little bit about this in another response. Let me copy and paste here:
The way coins are awarded to posts can change over time via a democratic process facilitated by a DAO. In theory, this could create the infrastructure for the scientific community to self-govern how their work is assessed and rewarded.
Perhaps a 1-10 peer review rating would provide a better signal than upvotes? Or maybe basic research deserves 1.5x rewards because it helps to fertilize the landscape of translational research. If the community wants to make changes to Researchhub's incentives, we will be able to iterate over time until we find a formula that properly encourages the behaviors that benefit science the most.
4. As of today RSC gives its holdlers the ability to vote in the ResearchHub DAO and participate in the governance of the network. Within ResearchHub you can tip users for their posts by "supporting" their content with RSC.
5. We’re currently building out a feature to help address this. Any scientist who has authored a paper shared within Researchhub will have a pot of RSC waiting for them upon sign up. It is in our best interest to properly credit reward the authors of manuscripts because in an ideal world they would have a larger influence in the ResearchHub DAO compared to the person who simply posted a link to their paper in our forum.
> Thanks for all of these questions. I hope my answers are able to help.
"While it is possible that the cryptocurrency component will make it easy for some to dismiss ResearchHub, we believe crypto is an elegant solution to address some of the root problems in academia."
so
"let me answer or non-answer these questions in multiple separate responses instead on the website I'm running that is definitely not a scam"
1. Yes, RSC is 100% pre-mined and earmarked for distribution to the community, team, founders, and ResearchHub corporate entity. We plan to distribute about 5-6% of the total RSC supply per year to the community as rewards for posting science on the platform.
2. In the future, if we run out of RSC and need to add to the total supply the ResearchHub DAO will be able to vote to mint new tokens. There are two mechanisms at play that keep the DAO honest:
* An open source codebase - If the ResearchHub team ever goes rogue and fails to act as stewards of the community, the community will be able to fork our codebase and manage a new version of ResearchHub how they see fit. See the Steem vs. Hive example to see how open-sourcing can give community an option to exit: https://hackernoon.com/inside-trons-steem-takeover-attempt-a...
* RSC holding represent ownership in the DAO. For every coin held, an individual wallet gets one vote. This means that the biggest hodlers of RSC will have the most influence.
On the surface the concept of more coins = more influence might seem like a bad idea, but we believe that carefully distributing RSC into the hands of the scientists and community members who care the most about our mission will result in the best governance.
Regarding guarantees against the team dumping tokens - we currently have vesting smart contracts for employee token grants and would be open to enacting other measures to ensure a healthy market for RSC if requested by the community.
3. I wrote a little bit about this in another response. Let me copy and paste here:
The way coins are awarded to posts can change over time via a democratic process facilitated by a DAO. In theory, this could create the infrastructure for the scientific community to self-govern how their work is assessed and rewarded.
Perhaps a 1-10 peer review rating would provide a better signal than upvotes? Or maybe basic research deserves 1.5x rewards because it helps to fertilize the landscape of translational research. If the community wants to make changes to Researchhub's incentives, we will be able to iterate over time until we find a formula that properly encourages the behaviors that benefit science the most.
4. As of today RSC gives its holdlers the ability to vote in the ResearchHub DAO and participate in the governance of the network. Within ResearchHub you can tip users for their posts by "supporting" their content with RSC.
5. We’re currently building out a feature to help address this. Any scientist who has authored a paper shared within Researchhub will have a pot of RSC waiting for them upon sign up. It is in our best interest to properly credit reward the authors of manuscripts because in an ideal world they would have a larger influence in the ResearchHub DAO compared to the person who simply posted a link to their paper in our forum.