Tokenization of Scientific Literature with SciMatic Coin using ERC1155
In an era where digital content is abundant and creativity knows no bounds, a quiet revolution is brewing in the world of online publications. The rise of blockchain technology has given birth to innovative solutions that are poised to change the way we view and interact with digital content. One such groundbreaking development is the concept of articles tokenization.
Imagine a world where the ownership and distribution of articles are no longer confined to traditional publishing platforms. Instead, they are securely and transparently recorded on a decentralized ledger, offering a new level of trust and accessibility to both content creators and consumers. This vision has now become a reality, thanks to the web version of articles tokenization.
DeJourna — Decentralized journals, a project started by SciMatic over SciMatic Hybrid Blockchain — opened new doors for Scientists to monetize their published articles. Go to scimatic.org and find your article.
The search engine will show you 100 articles similar to the searched term for free. If your article is not there, then login with Facebook or Gmail accounts at scimatic.org/login, then open https://scimatic.org/bibliographies
Chose your article type and fill the article information.
Fill the form and add the article. Down in the page, you will see (in my articles section) the article added. Click the link on the article title:
Here the article opens. You can change the article if anything is missing or incorrect, as this will be your last chance to make changes before upload the article to the blockchain.
In that page, go below, you will see the blockchain formation. A button to confirm if the article is uploaded to the SciMatic Hybrid Blockchain and another button to upload the article to the blockchain and make an ERC1155 token.
First click the “Confirm at SciMatic Hybrid Blockchain”, if you see a warning of:
“Article not uploaded to the blockchain. If you have SCI coins in your MetaMask Wallet, Click the button below to upload to the blockchain.”
It means that your article is not found in the blockchain. Now you should have two things to connect to the SciMatic Hybrid Blockchain
- A MetaMask extension in the web browser (Google Chrome is preffered).
- SCI coins in your MetaMask Wallet to pay the transaction fee. Buy SCI coins with credit card at https://scimatic.net/en/sale/0. A single article will cost 10 SCI coins to upload an article.
When you are ready, click the Upload to Blockchain button. MetaMask will open and will ask your permission to pay the transaction fee.
Click the confirm button and wait a few seconds till you see a payment confirmation from MetaMask. Its done! Your article is no on the blockchain.
To Confirm it, Click the “Confirm at SciMatic Hybrid Blockchain” button, if the article is successfully uploaded, you will see the articles info and address of the owner who (you) have uploaded the article.
Once the ERC1155 token is created, the initial balance is 1,000,000 Ether.
In the coming days, these articles as tokens will be added to the Saymatik Web3.0 Wallet, so that you can do buy and sell in the exchanges, and transfer the tokens to anyone you want.
At its core, articles tokenization is a process that transforms individual articles into unique digital assets represented as tokens on a blockchain. Each article is assigned a distinct token, complete with metadata that includes the title, abstract, author information, and more. These tokens can be freely traded, bought, or sold like any other cryptocurrency, opening up a world of possibilities for content creators and enthusiasts alike.
Empowering Content Creators
For content creators, this innovation represents a paradigm shift in how they monetize their work. Instead of relying solely on advertising revenue or paywalls, they can now benefit from direct ownership of their articles. When an article is tokenized, the creator can set its price, determine who has access, and even receive a share of the resale value each time it changes hands. This level of control and financial flexibility is a game-changer for writers, journalists, and bloggers.
Enhancing Content Discovery
On the flip side, readers and consumers of digital content are not left behind. With articles tokenization, discovering and accessing high-quality articles becomes more accessible. A decentralized marketplace for articles tokens allows users to explore a vast array of content, filter by their interests, and support their favorite authors directly. This approach fosters a sense of community and rewards those who contribute valuable insights to the digital sphere.
Transparency and Trust
One of the most compelling aspects of articles tokenization is its transparency. Every transaction, from the creation of an article token to its transfer between users, is recorded on the blockchain, ensuring an immutable and auditable history. This transparency builds trust among all parties involved, reducing the risk of plagiarism and unauthorized use of content.
The Future of Digital Publishing
As we stand on the cusp of a new era in digital publishing, the web version of articles tokenization promises to reshape the industry’s landscape. It bridges the gap between content creators and their audiences, empowering both with newfound control and opportunities. The decentralized nature of blockchain ensures that ownership remains in the hands of those who create and value content.
In conclusion, articles tokenization is not just a technological advancement; it’s a catalyst for democratizing content ownership. It fosters an ecosystem where creators are rewarded for their contributions, readers have access to a diverse range of knowledge, and trust is built through transparency. The web version of articles tokenization is a glimpse into the future of digital publishing — a future where the power of content truly belongs to the people.
If you are unable to upload your article to the blockchain, let us help you. Write us at email@example.com, firstname.lastname@example.org and email@example.com