NFT News by Thebittimes.Com

Superdao founder Yury Lifshits hints at shutting down the platform despite launching many decentralized autonomous organizations (DAOs) since its launch in 2021.  According to a letter published on the company’s Notion, Superdao has ceased operations, saying that the crypto ecosystem “has become much smaller than its initial ambition” of becoming the next generation of internet. The founder stated that Superdao has helped more than 2,000 DAOs to launch with 300 million wallets already indexed.  According to its Crunchbase profile, Superdao raised $1 million in October 2021, soon after it was launched, and $10.5 million on Jan. 26, 2022.  Moreover, the company stated that the remaining funds , while not disclosing the amount, will be return ed to the investors.  “With this view in mind, we decided to return the substantial remaining funds to investors and wind down operations. We believe that both the team and the capital can create bigger outcomes elsewhere....

Locked paywalls and high fees are defining characteristics of traditional academic research. DeSci can lower the barriers to access. Academia and science are both in the throes of a crisis, marked by several inefficiencies directly impacting our scientific prowess and research capabilities. The subject of stagnation within universities and academic institutions is taboo, and there is no place in this system for dissenting intellectuals who challenge the status quo or the quality of scientific research. Decentralized science (DeSci) aims to disrupt these systems for good reason. DeSci paired with blockchain technology has the potential to upend existing funding schemes and enhance collaboration between stakeholders in scientific endeavors. Access to scientific reports and Research is a highly contentious issue. In the digital age, the scientific publishing industry has created a fortified oligarchy that threatens the integrity of scientific innovation. The sector benefits from publicly...