Scienceroot – social network for scientists – token

This is one of the rare examples of ICO project with token based on Waves platform. Although, despite the weak PR Waves gives much better functionality than ETH for example.

Maybe this is why, the team decided to conduct the ICO with the extremely long period of two years. Very likely they believe that Waves will ‘jump on the wave itself’ during that time. Obviously, it is just one of the reasons.
The two years long ICO period will have a very different price on every stage, as always in favour of early contributors.

First stage (seeds funding) will finish just in two days (15.08). The team is aiming for:

12.500.000 Science Tokens at 0.04 EUR price. The equivalent of 500.000 EUR.
Second stage will begin in January 2019. Very likely the team expects the cryptomarket growth as it was this year.
33.000.000 Science Tokens with the price 0.06 EUR will be for sale. The equivalent of 1.980.000 EUR.

Third stage will start in July and as all other will last for a month.
During that time 93.750.000 Science Tokens with the price 0.08 EUR is planned to be sold. The equivalent of 7.500.000 EUR.

The last, fourth stage is planned for the beginning of January 2020.

160.750.000 Science Tokens will be sold for a price of 0.1 EUR. The collecting goal is 16.075.000 EUR.

Let’s focus now on collected funds and token allocations.

From 500 000 000 supplied tokens, 60% will be available for sale. 15% will be given for a team, advisers and early contributors, 3% will be used for a bounty, airdrop and community support. 2% is planned to be spend on refferals and 20% will be kept as a reserve found.

From the collected funds, 30% will be spent on software development, 40% on business development, 15% on operation and services, 10% other and unexpected and 5% on resolving legal issues.
This is just a first article about the science root. In the next parts, you can read more about the team, the token and the community. Stay tuned.

More about the project you can read here:

Website: https://scienceroot.com/
Whitepaper: https://scienceroot.com/resources/whitepaper.pdf
Onepager: https://scienceroot.com/resources/onepager.pdf
Token:
https://scienceroot.com/resources/science-token-model.pdf
The trial version of Scienceroot Application:
https://app.scienceroot.com/search
Social media:
Facebook: https://www.facebook.com/scienceroot/
Telegram: https://t.me/scienceroot
Twitter: https://twitter.com/scienceroot