Question 1

What is ResearchCoin (RSC)?

Accepted Answer

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.

Question 2

What is ResearchCoin (RSC) used for?

Accepted Answer

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.

Question 3

Who created ResearchCoin (RSC)?

Accepted Answer

ResearchCoin was co-founded by Brian Armstrong, CEO of Coinbase, along with Patrick Joyce, who serves as COO, and Kobe Attias, the Engineering Lead.