Post
Topic
Board Announcements (Altcoins)
Re: [ETI] Etica - A cryptocurrency for Open Source medical research
by
kevinwad
on 06/10/2022, 03:48:59 UTC
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Etica is not a company and there is no company behind it. It's a community driven project we are not interested in marketing.

as this is a community driven project, do you really think you can pursue your goals here successfully?

what i am curious here is that, will they really spend the funds when it comes for example in their etica's diseases, as they have their own addresses. i have the feeling that this won't last long.. most community driven project do not survive as the interest will slowly wane as time goes on.
there are so many institutions that are already doing their own research when it comes to diseases, and most of them are privately funded. here, if they will rely on donations or whatever crowdsourcing activities, i don't think they can hit their targets here. why not just collaborate with those institutions that are really focusing on medical research?

"there are so many institutions that are already doing their own research when it comes to diseases, and most of them are privately funded"
Being privately funded often implies the research is done for private interests like getting a patent to make the investment profitable. This prevents collaboration between teams who are doing the same experiments in their closed environments to protect intellectual property like it used to be for software industry few years ago. We've seen how open source has transformed software industry over past years, we hope open source research will open the doors for new type of research

"here, if they will rely on donations or whatever crowdsourcing activities, i don't think they can hit their targets here"
The system is not financed by donations, charity or crowdsourcing. The neutral protocol has a fixed inflation that finances the research

"why not just collaborate with those institutions that are really focusing on medical research"
We are not against institutions, maybe one day they will make research on Etica