Category: Yogi Nelson

AI Agents, AI Tools, Artificial Intelligence, Science, Uncategorized, Yogi Nelson

🖥️ Why Nvidia’s Computer Chips Are the Best in the World

Yogi Nelson

Welcome to the BlockchainAIForum

Nvidia is widely seen as the leader in making the world’s most powerful computer chips, especially for graphics, artificial intelligence (AI), and advanced computing. But what exactly makes Nvidia’s technology so special? In this article, we will explain, in simple language, why Nvidia’s chips are considered the best, looking at their technology, production, and unique capabilities.

⚙️ What Are Nvidia Chips?

Nvidia designs GPUs (Graphics Processing Units). Originally built to make video games look amazing, GPUs have evolved into essential tools for AI, scientific computing, and cryptocurrency mining. Unlike regular CPUs (Central Processing Units), GPUs can do thousands of calculations at once, making them perfect for:

  • ✅ Gaming
  • ✅ Artificial intelligence
  • ✅ Scientific simulations
  • ✅ Data centers
  • ✅ Blockchain processing

🚀 Parallel Processing Power

One major advantage of Nvidia’s chips is parallel processing.

  • CPUs have a few powerful cores that do tasks one at a time.
  • GPUs have thousands of smaller cores that work in parallel.

This design lets Nvidia GPUs handle massive amounts of data quickly. For AI models or crypto mining, this means:

  • ✅ Faster training of machine learning models
  • ✅ More efficient processing of transactions
  • ✅ Better performance for simulations

In simple terms: Nvidia’s GPUs can do many things at once better than anyone else.

💻 Cutting-Edge Architecture

Nvidia is famous for constantly improving its chip architecture. Each generation brings:

  • ✅ More cores
  • ✅ Faster memory
  • ✅ Lower power use

For example, recent architectures like Ampere and Hopper are designed specifically for AI workloads, with:

  • Tensor Cores: Special circuits for matrix math used in AI
  • Ray-Tracing Cores: Advanced lighting for realistic graphics
  • Better energy efficiency

These innovations keep Nvidia ahead of the competition in both gaming and AI.

🧠 AI-Optimized Hardware

What really sets Nvidia apart is how well its chips are built for artificial intelligence.

  • Tensor Cores can handle AI operations much faster than standard GPU cores.
  • Nvidia has designed these cores specifically for deep learning.

This makes Nvidia GPUs the top choice for:

  • ✅ Training massive AI models
  • ✅ Running AI in data centers
  • ✅ Powering self-driving cars

If you use ChatGPT or image generators, chances are they ran on Nvidia hardware.

🔗 Industry-Leading Software

Nvidia doesn’t just sell hardware. It also builds world-class software.

✅ CUDA: A programming platform that lets developers use Nvidia GPUs for everything from science to crypto.

✅ cuDNN: A library for deep learning tasks, used by major AI companies.

✅ Nvidia AI Enterprise: Tools for deploying AI in the real world.

This tight integration of software and hardware makes Nvidia chips easier and more powerful to use.

🏭 Advanced Production Process

Nvidia doesn’t manufacture its own chips but works with the best in the business.

✅ Nvidia designs the chips.
✅ Companies like TSMC (Taiwan Semiconductor Manufacturing Company) build them using cutting-edge fabrication processes.

These factories can make chips with features measured in nanometers (billionths of a meter), allowing:

  • More transistors on a single chip
  • Lower power usage
  • Faster performance

This advanced production gives Nvidia an edge in both speed and efficiency.

🌎 Wide Range of Uses

Nvidia’s technology isn’t just for gamers or AI researchers. Their GPUs power:

  • ✅ Scientific research (e.g., weather prediction)
  • ✅ Cryptocurrency mining
  • ✅ Data centers and cloud computing
  • ✅ Automotive (self-driving car systems)
  • ✅ Medical imaging and diagnostics

This versatility ensures huge demand for their chips.

🏆 Market Leadership and Ecosystem

Another reason Nvidia is #1 is its ecosystem.

  • Developers, researchers, and companies rely on Nvidia’s software and training tools.
  • Nvidia invests in research partnerships and industry standards.
  • They support academic research and startups building on Nvidia technology.

This creates a virtuous cycle:

✅ More developers use Nvidia → More software is optimized → More demand for Nvidia GPUs.

✅ Key Reasons Nvidia Leads

To sum it up, Nvidia’s computer chips are the best because of:

  • ⚡ Advanced parallel processing power
  • 🧠 AI-focused architecture like Tensor Cores
  • 💻 Industry-leading software (CUDA, cuDNN)
  • 🏭 Cutting-edge manufacturing via partners like TSMC
  • 🌎 Versatile use across gaming, AI, crypto, science, and more
  • 🏆 A strong ecosystem that supports developers and companies

💡 Conclusion

Nvidia’s GPUs have evolved far beyond their gaming roots. They now power everything from blockbuster video games to advanced AI research and cryptocurrency networks.

What makes Nvidia special is not just raw performance, but the complete package: hardware designed for the future, software that empowers developers, and an ecosystem that keeps them ahead of the competition.

As technology keeps advancing, Nvidia continues to lead the way, building the world’s most powerful and versatile computer chips.

Until next time,

Yogi Nelson

AI Agents, Artificial Intelligence, Banking, Blockchains, cryptography, Digital Currency, International Finance, Stocks, tokenization, Uncategorized, Yogi Nelson

📈 The Rise of Tokenized Stocks: A Beginners Guide

Yogi Nelson

Welcome to the BlockchainAIForum

Investing is changing at lightning speed thanks to blockchain technology. One of the most exciting innovations is tokenized stocks. But what exactly are they? How do they work? Why do some investors love them while others worry? Let’s break it down step by step!

🪙 What Are Tokenized Stocks?

Tokenized stocks are digital representations of real-world stocks on a blockchain. Imagine buying shares of Apple or Tesla—but instead of going through a traditional brokerage, you receive tokens on a blockchain that mirror the value of those stocks. Each token typically represents one share (or even a fraction of one share) of a company. These tokens can be traded on blockchain-based platforms just like cryptocurrencies.

🛠️ How Do Tokenized Stocks Work? (Step by Step)

Let’s go through it from start to finish:

1️⃣ Underlying Asset

A real-world stock (for example, Tesla stock) exists and is held in custody by a licensed broker or institution. This entity ensures that the tokens are backed 1:1 by real shares.

2️⃣ Token Creation

A blockchain platform issues tokens representing these shares. Smart contracts automate issuing, transferring, and recording ownership.

3️⃣ Buying and Selling

Investors buy these tokens on crypto exchanges that support them, trading them much like Bitcoin or Ethereum.

4️⃣ Fractional Ownership

Unlike traditional stocks that might require buying whole shares, tokenized stocks allow fractional ownership. You can buy 0.1 of an Apple share, making investing more accessible.

5️⃣ Settlement on the Blockchain

Transactions settle on-chain, recording ownership changes immediately or within minutes instead of days.

💡 Advantages of Tokenized Stocks

  • ✅ 24/7 Trading
    Unlike traditional stock markets that close overnight and on weekends, tokenized stocks can trade at any time.
  • ✅ Global Access
    Anyone with an internet connection and a crypto wallet can invest, opening markets to investors in regions without traditional brokerages.
  • ✅ Fractional Shares
    Tokenization lowers the barrier to entry. Instead of buying a whole $1000 share, you can invest $10.
  • ✅ Faster Settlement
    Blockchain-based settlement can be near-instant, reducing counterparty risk and eliminating some middlemen.
  • ✅ Improved Transparency
    All transactions are recorded on-chain, enhancing traceability and auditability.

⚠️ Disadvantages of Tokenized Stocks

  • ❌ Regulatory Uncertainty
    Regulators are still figuring out how to treat these assets. This uncertainty can lead to sudden changes in availability.
  • ❌ Counterparty Risk
    Tokens are only as good as the custodian holding the real shares. If that custodian is dishonest or goes bankrupt, the backing can vanish.
  • ❌ Limited Platforms
    Not all exchanges support tokenized stocks. Liquidity can be limited compared to traditional markets.
  • ❌ Jurisdictional Restrictions
    Many tokenized stocks cannot legally be sold in certain countries (for example, the U.S.) due to securities laws.

⚖️ The State of Regulations

Regulation is the biggest wild card in the future of tokenized stocks.

  • In the United States, the SEC generally considers these tokens securities. Selling them without proper licenses can be illegal.
  • Some platforms have previously offered tokenized stocks without full regulatory approval, drawing heightened scrutiny.
  • The European Union is taking a more controlled approach. The EU’s MiCA (Markets in Crypto-Assets) framework sets rules for digital assets, but tokenized stocks may fall under existing securities laws.
  • Countries like Switzerland and Singapore have clearer guidelines encouraging innovation while protecting investors.

In short, the landscape is fragmented. Companies issuing tokenized stocks must navigate a patchwork of local laws and face the risk of regulatory crackdowns.

🌍 Real‑World Example: Robinhood’s Tokenized Stocks in Europe

In June 2025, Robinhood made headlines by launching tokenized U.S. stocks and ETFs for users in the European Union and European Economic Area. Through a partnership with the Arbitrum blockchain, Robinhood offers over 200 stock and ETF tokens, including major companies like Apple, Nvidia, and Microsoft, as well as private firms such as OpenAI and SpaceX.

🎁 Launch Incentive & Scope

Robinhood incentivized early adoption by giving European users who onboarded before July 7, 2025, €5 worth of OpenAI and SpaceX tokenized shares. However, these tokens are backed by a special purpose vehicle (SPV) and do not confer actual ownership, voting rights, or dividends.

🚀 Market Impact & Strategy

Robinhood’s stock price surged as much as 12–13%, hitting record highs after the announcement. Analysts see this move as a major revenue expansion opportunity, with the potential to scale globally as regulation evolves. Robinhood is also developing its own Layer 2 blockchain optimized for tokenized real-world assets.

🧾 Key Considerations

  • Synthetic Exposure: These tokens offer price exposure but do not represent real equity. OpenAI, for example, publicly distanced itself from the offering, clarifying it was launched without its authorization.
  • Regulatory Scrutiny: Authorities such as Lithuania’s central bank and the European Securities and Markets Authority (ESMA) are reviewing the offering to ensure compliance with securities laws.

Robinhood’s European launch shows both the promise of tokenized stocks—greater accessibility, 24/7 trading—and the complexities of regulation and legal frameworks.

🔮 The Future of Tokenized Stocks

Tokenized stocks aim to democratize investing, making it cheaper, faster, and more global. If regulators can agree on consistent, investor-friendly rules, tokenized stocks could become as mainstream as ETFs.

But challenges remain. The sector will need:

  • Stronger custodial frameworks
  • Clearer, harmonized regulations
  • Greater public awareness and education

📌 Conclusion

Tokenized stocks are a compelling example of blockchain reshaping traditional finance. By enabling fractional, 24/7, globally accessible trading, they break down old barriers. But they also introduce new risks—especially around regulation and custodial integrity.

As the technology matures, we may see the best of both worlds: the reliability of traditional markets combined with the innovation of blockchain. For now, investors should stay informed, understand the risks, and watch the evolving regulatory landscape carefully.

Until next time,

Yogi Nelson

AI Tools, Artificial Intelligence, Banking, Blockchains, Digital Currency, real estate, tokenization, Uncategorized, Yogi Nelson

🏢 A Step-by-Step Guide to Tokenized Commercial Real Estate

Yogi Nelson

Welcome to the BlockchainAIForum where your technology questions are answered. Commercial real estate has always been seen as a solid investment, but it often feels out of reach for the average person. High costs, complex deals, and limited access keep many investors on the sidelines. Tokenization is changing that. By turning ownership stakes into digital tokens on a blockchain, it is opening commercial real estate to a wider group of investors. But what does that actually mean? Let’s break it down step by step.

💡 What Is Tokenized Commercial Real Estate?

In simple terms, tokenized commercial real estate is when ownership in a property—like an office building, shopping center, or apartment complex—is divided into digital “tokens” recorded on a blockchain. Each token represents a share of ownership. This allows people to buy, sell, and trade fractional pieces of expensive real estate much more easily than before.

Imagine splitting a $10 million building into 10,000 tokens. Instead of needing millions to invest, you could buy a single token for $1,000. It’s like owning a slice of the property.

🌍 Why Do People Care About It?

Tokenization is seen as an important innovation for several reasons:

  • Accessibility: More people can invest in high-value commercial properties.
  • Liquidity: Tokens can potentially be traded on secondary markets, making it easier to sell.
  • Transparency: Blockchain records transactions securely and publicly.
  • Efficiency: Smart contracts can automate processes, reducing paperwork and costs.

In short, tokenization promises to make commercial real estate investment more democratic and streamlined.

🛠️ How Does Tokenized Commercial Real Estate Work? Step by Step

Let’s walk through a typical process for tokenizing a commercial property.

1️⃣ Identify and Value the Property

First, a property owner or real estate company decides which property they want to tokenize. They conduct a professional valuation to determine its market worth. For example, suppose they pick a shopping center valued at $10 million.

2️⃣ Structure the Ownership

Next, they set up the legal structure. This is crucial. Usually, the property is placed in a legal entity, such as a limited liability company (LLC) or a trust. Investors don’t directly own the building but own shares in the entity that owns it. This makes it possible to divide ownership cleanly into tokens.

3️⃣ Create the Tokens

Once the legal groundwork is in place, the ownership is split into digital tokens on a blockchain. If the shopping center is split into 10,000 tokens, each token represents 0.01% of the total ownership.

This step requires working with a blockchain platform that supports token creation. The tokens are coded with rules about how they can be traded and who can hold them, ensuring compliance with regulations.

4️⃣ Offer the Tokens to Investors

The next step is to sell the tokens. This might happen through a direct sale on the issuer’s website or through a digital platform specializing in real estate tokens. Investors buy tokens using traditional currency or sometimes cryptocurrency.

In many jurisdictions, these offerings must comply with securities laws, so they may be limited to accredited investors or follow specific regulations.

5️⃣ Manage the Property and Distribute Income

After the sale, the property is managed like any other commercial investment. Rent is collected, expenses are paid, and profits are distributed. Income—such as rental profits—can be divided among token holders proportionally.

Thanks to blockchain technology, these payments can even be automated via smart contracts, which execute payments once certain conditions are met.

6️⃣ Trade or Sell the Tokens

One of the most appealing aspects of tokenization is the potential for liquidity. Instead of holding a property for 5–10 years before selling, investors might trade tokens on approved secondary markets. This gives them flexibility to exit earlier if needed.

🚀 Why Is This Considered Important?

Tokenized commercial real estate isn’t just a new technology gimmick. It could transform the industry by:

  • Lowering barriers to entry for smaller investors.
  • Enabling global participation in local real estate markets.
  • Making real estate investments more flexible and tradable.
  • Reducing reliance on expensive intermediaries.

While it is still early days, and there are regulatory and technical challenges to solve, many see tokenization as a way to modernize a traditionally slow, opaque, and exclusive industry.

✅ Final Thoughts

Tokenized commercial real estate aims to make property investment more accessible, transparent, and efficient. By turning buildings into tradable digital tokens, it offers a new way for people to invest in—and benefit from—the commercial real estate market. As technology and regulations evolve, it could reshape how we think about owning and investing in property for years to come. It is a fantastic innovation!

Until next time,

Yogi Nelson

AI Agents, AI Tools, Artificial Intelligence, Banking, Blockchains, cryptography, Decentralized, Digital Currency, international aid, International Finance, Productivity, Science, Uncategorized, Yogi Nelson

The Advantages of Stablecoins for Sending Remittances and International Payments

Yogi Nelson

🌍💸

By Yogi Nelson

Welcome to the BlockchainAIForum where your technology questions are answered. Today we answer the following question: What are the advantages of stablecoins to transmit remittances and international payments?

Sending money across borders has long been expensive, slow, and sometimes unreliable. Millions of families around the world rely on remittances—money sent home by people working abroad. Traditional methods often take days to arrive and cost a big chunk of the amount sent in fees.

Enter stablecoins: a type of cryptocurrency designed to hold a steady value, usually pegged to a traditional currency like the U.S. dollar. While “crypto” might sound complicated or risky, stablecoins have clear advantages for cross-border payments—especially for everyday people who just want to get money to loved ones quickly and cheaply. Below, let’s explore what makes stablecoins such a game-changer for international payments.

🕰️ 1️⃣ Faster Transfers

Traditional money transfers often rely on banks and money transfer operators. These institutions use old payment networks that involve multiple middlemen. It can take 2–5 business days for the money to arrive. I can speak from personal experience–too slow in today’s world.

✅ With stablecoins:

  • Transfers are nearly instant or settle in minutes.
  • Blockchain networks operate 24/7, including weekends and holidays.

Example: Sending USDC (a popular U.S. dollar-pegged stablecoin) from the U.S. to someone in Panama can take under 10 minutes, compared to days via bank wires.

💰 2️⃣ Lower Fees

Sending money internationally is notoriously expensive. According to the World Bank, the average remittance fee is around 6% globally—and even higher in some regions. Banco Popular charged me $100 to send $5,000 to Panama. Way too expensive!

✅ Stablecoins reduce fees because:

  • No need for multiple banks to process the payment.
  • No foreign exchange markup if both sender and receiver use the same stablecoin (e.g., USDC, USDT).

Example:

  • $100 sent via Western Union might cost $6–10 in fees.
  • $100 sent as a stablecoin can cost under $1 in network fees, depending on the blockchain used.

🌐 3️⃣ Global Accessibility

Many people in developing countries do not have bank accounts. But they often have smartphones. Stablecoins can be sent, received, and stored on mobile wallets, without the need for a traditional bank.

✅ Key benefits:

  • Financial inclusion for the unbanked or underbanked.
  • Access to USD-equivalent value without needing a dollar bank account.

Example: A worker in the U.S. can send USDC to a family member in El Salvador who holds it in a smartphone wallet, without needing local bank infrastructure.

💵 4️⃣ Protection Against Local Currency Volatility

In some countries, local currencies lose value quickly due to inflation. Receiving money in local currency may mean losing purchasing power almost immediately.

✅ Stablecoins help by:

  • Being pegged to stable currencies like USD.
  • Preserving value across borders and over time.

Example: A family in Argentina might prefer to receive USDC instead of pesos, protecting their remittance from inflation.

🔐 5️⃣ Transparency and Security

Stablecoin transactions are recorded on blockchains, which are public, auditable ledgers. This adds an extra layer of security and transparency.

✅ Advantages:

  • Sender and receiver can track the transfer in real-time.
  • Less risk of funds being lost in transit.
  • Resistant to censorship and freezes compared to some traditional systems.

⚡️ How Does It Work in Practice?

Here’s a simplified step-by-step:

  1. Sender buys stablecoins on an exchange or app.
  2. Sender transfers stablecoins to the recipient’s wallet address.
  3. Recipient receives them instantly or in minutes.
  4. Recipient can hold them, spend them where accepted, or convert to local currency.

This simple flow cuts out middlemen and delays.

🌟 Conclusion: A Better Way to Send Money

Stablecoins are not just a trend. They offer real, practical benefits for millions who rely on international payments:

  • ✅ Faster delivery times.
  • ✅ Lower costs.
  • ✅ Greater accessibility.
  • ✅ Protection from inflation.
  • ✅ Transparent and secure transactions.

Of course, challenges remain, like educating users, ensuring good regulation, and making stablecoins easy to cash out locally. But as adoption grows, these hurdles are being addressed.

For many families, stablecoins are already changing the way money crosses borders, making remittances fairer and more efficient.

💬 My closing thought comes from Ethiopia where they say: “a fool is thirsty in the midst of water.” If you have thoughts or questions about stablecoins and remittances, drop them in the comments below!

Until Next time,

Yogi Nelson

Artificial Intelligence, Blockchains, cryptography, Decentralized, Patents, Science, Uncategorized, Yogi Nelson

Access to technology is a human right, not a copyright

Yogi Nelson

Welcome to the BlockchainAIForum where your technologies questions are answered. Today, part three of the Unbound Science project is on the menu. In this final series, I cover the project in greater detail, including: challenges facing science, maintaining organizational governance and financial independence, platform economics, and more!

At Unbound Science we believe scientific research has never been free to truly explore the unknown and we have made it our mission to unbind science. Throughout the course of human society, science has been subjected to control for reasons that include ideological, political, religious, and of course economic. The Unbound Science platform encourages imagination and fringe experimentation. However, some knowledge could be catastrophic in the wrong hands. Potentially dangerous research proposals, including but not limited to military weapons, experimentation with black holes, nuclear energy, and DNA modification, therefore will not be permitted. 

Challenges Facing Science: Unbound Science proposes to address the six most pressing challenges facing independent science research:

Corruption: Until now, science has been dominated by agenda-based research. Facts have been created in controlled experiments, as opposed to funding open experimentation to discover the actual truth. Unbound Science has come up with a way to disintermediate the donor’s agenda.

Security: Undoubtedly, scientific research that destabilizes the status quo can jeopardize the security of scientists. Scientists who disrupt society through their inventions could face security threats from business/government incumbents who fear losing oligopoly market power, or ideological fanatics who are enemies of progress.

Preservation: Stop for a second and consider all the science humanity has lost due to destruction, be it natural or man-made. Lost science is a crime against humanity. Unbound Science is committed to do its part to end the tragedy of lost science research.

Finance: Financial independence is nearly impossible for the vast majority of scientists. Often scientists spend inordinate time soliciting grant applications and thereafter submitting monitoring reports to the handful of granting institutions.

Subjugation: Unbound Science envisions an end to the current system where new technologies allow one society to take great advantages over all others, and remove their freedoms and even their own ability to advance as a society. It has taken generations and even centuries for subjugated peoples to even get back to zero, let alone be able to compete on the global stage. By empowering the entire workforce of 8 billion people on the planet with the same access to tools and capabilities, human progress can accelerate forward like never seen before.

Distribution: One marketplace to share plans and rights across the world, in a single click! Scientists can generate recurring revenue from different contracts, including consulting, licensing, and leasing their IP. They can track all their clients and royalty payments from one place, instead of having to worry about cheap knock-offs and lawsuits hampering the true representation of their work.

Solutions to the Challenges Facing Science

Complex problems require comprehensive solutions. Hence, Unbound Science proposes an open-source scientific research platform, driven by and for the community. Our summarized solutions to the sxi challenges are listed below:

Addressing Corruption: We surveyed which sectors could provide the largest amount ofdisruption and benefit to mankind, and have not yet been adequately addressed by traditional science, Open-Source Science, or DeSci yet. Therefore, we’ve selected four areas to start, with more potentially being added later. At platform launch, benefactors may elect to contribute to one of four pools:

  • Energy
  • Food Technology (air, water, soil)
  • Pollution (focus on clean-up)
  • Quantum Research

Instead of a benefactor donating directly to a project listed on a proposal board, the funds are donated to a pool. These funding pools are controlled through votes, with different weights given to donors, scientists, partnership science foundations, and the Open-Source Science community. These donation pools are powered by cryptocurrency, and legally owned by a tax-optimized entity for issuing tax write-offs to donors (where applicable).

Addressing Security: Scientists may opt to stay anonymous or pseudonymous, building an on-chain reputation and be judged solely by the merits of their work, both for their physical protection and for the sake of fairness. If you can do the work, your formal educational background (or employment) does not matter. Of course, a scientist with an already prestigious track record may choose to display their full personal information, for the sake of obtaining funding and asserting a greater influence.

Addressing Preservation: To participate, scientists agree to upload all research data, notes, blueprints, and final instructions for replication to blockchain(s). Scientists can choose a variety of mechanisms for when to begin sharing this data, such as keeping it private until their work is complete, or their life is presumed to have ended.

Addressing Finance: The platform features a “YouTube-like” interface, with a game-show-atmosphere experience for scientists to pitch concepts to a rotating panel of judges, who host the funding competition in seasons, each with several phases. Scientists no longer have to fill out an enormous application and wait six months for a few thousand dollars. They can simply submit a 5—8 minute video describing their idea. Winners in phase one are awarded their requested budget to develop a Proof of Concept. Winners in Phase 2 are given their requested budget to create a final prototype ready for mass production. Winners in Phase 3 are awarded their requested budget to create a mass production factory and further innovation laboratory.

Addressing Subjugation: In return for funding, scientists must declare their inventions open-source, and share all of their experiment data, processes, and all other documentation for anyone to use and copy without restrictions. Winning scientists will earn revenue from the creation of “originals”, consulting contracts, and leftover general prize money. One of the other benefits of releasing open-source technology is that scientists do not also have to become international business owners in order to achieve success. By sharing the technology, they do not need to open their own factory and deal with all the costs and headaches of starting a global manufacturing enterprise. Their vision becomes reality a lot faster, cheaper, and there are still plenty of profits to be made for the scientist.

Addressing Distribution: A marketplace is available for sharing buttoned-up packages of building plans and licensing agreements for worldwide production and distribution by third-parties. Open-source licensing for individuals, leasing of IP in exchange for royalties from corporations and governments, as well as consulting contracts to ensure the production is done at the highest of quality. Scientists can track all their business relationships through one place.

Maintaining Organizational Independence:  Voting Caps and Weights

To prevent any particular group from dominating the process, Unbound Science has decided to put limits on the number of tokens that can be used to vote, per project. For instance, there will be a cap of 100,000 tokens for general users, 150,000 for admins, 200,000 for scientists, 500,000 benefactors.

Unbound Science seeks to allow everyone to have a voice in what gets brought into the world. However, some voices should be amplified given their dedication, commitment, actions and participation. Hence, user actions can achieve milestones to unlock new features, higher voting caps and voting weights. The actual milestones will be finalized after the beta launch, and based on community suggestions. Below is a hypothetical example:

The benefactor limit is 500,000 tokens at a time with which they can use to vote on a single proposal. If a benefactor reaches a milestone of $1m USD donated, their voting cap raises beyond 500,000, to 1,000,000. Actual milestones will be finalized after the beta launch, and based on community suggestions.

Further examples of specific actions that might unlock higher caps: user votes in every season within a calendar year, scientists get nominated to game show, scientists become game show finalists, scientists win the game show, scientist data passes peer review, users hit pre-determined milestones for watching videos (e.g. 1,000, 5,000, or 10,000 hours etc.) and Admins successfully filter out 100+ pieces of spam and/or fake data.  Weights (counted as a multiplier of tokens used in their vote)

  • Top 30 Most Active Benefactor Wallets: 2x
  • Scientists who have contributed research: 1.5x
  • Scientists who have been game show finalists: 2x
  • Scientists who have won the game show: 3x
  • New scientists this season: 1.4x
  • New community members this season: 1.2x
  • Scientists with more than 1 year of participation: 1.1x
  • Community members with longevity: 1.0x
  • Admin votes: 1.0x
  • Wallets with transactions from to banned/suspended/muted users: 0.5x for the amount sent to them.

Maintaining Financial Independence:  Handling Donations

Benefactors send USDC, USDT, DAI, ETH, WBTC, MATIC, BNB, AAVE, LINK, COMP, UNI, MKR, or SNX to the inbound vault. The price of assets are calculated against the benefactor’s local currency, and a 503c donation document is generated and emailed to the donor. Non-stable assets are deposited into Aave, Compound, and Venus vaults, where they will be used as collateral to borrow stablecoins if needed to replenish the pool’s spending, otherwise they will be left to earn interest and appreciate over time. Stable assets will transfer to cold storage via MPC vaults. This will be a manual process, handled by platform management, on behalf of the pool owners (consortium of non-profit organizations).

Empowering Scientists

The current science funding system is sub-optimal and characterized by long applications, needless forms, and busy-body gatekeepers that take months or years to come to a decision on whether or not to sign off on financial support. The Unbound Science way gathers funding from the public, then lets members of the public and scientific community work together to vet and allot financial support in a more streamlined, transparent, and easy to participate manner.

Like a TV show, funding is handled in seasons. Each season has a show-host and a panel of judges, selected from the community, by the community.

  • The first phase of a season qualifies proposals from scientists or requests from the community.
  • The second phase of a season announces approved proposals from Phase 1. Preliminary funding is requested by the scientist and given approval or adjustment by the judges handling this season. This funding is intended to give a scientist support for a Proof-of-Concept or Minimum Viable Product.
  • The third phase votes on which scientists will be funded to finish solving the problem. Not every team will be ready at the same time, and may delay their participation into future seasons whenever they are ready, without further qualification.

Approved funds will be sent in USDC or USDT to scientists via newly generated vaults (i.e., Cardano), separated by team, and per project. This helps minimize security risks and also makes accounting an easier process than if all funds lived in the same vault. Stablecoins can be off-ramped into fiat, through Ethereum bridges like Jagon and Wanchain. Funding in vaults is unlocked during various epochs, to ensure lapses in development and abandoned projects are not rewarded. More details on epochs below.

Progress Reporting

Approved and funded proposals have a page created where they can be tracked publicly, with regular updates and achieved milestones required to qualify for the release of the team’s next epoch of funding. Data must live on a non-censorable decentralized third-party platform; Notion or Asana links are considered invalid. Updates are received in PDF format which is indexed by IPFS, Arweave, and Spacemesh for immutability. Physical storage (not just the metadata) is suggested to live inside web3-native storage enclaves like Internet Computer or Iagon. Upon an update being accepted by the community, funding for the next epoch is unlocked and made available.

Research essentials must be uploaded and stored on-chain as open-source with the full intent of helping future generations of scientists. This includes materials lists, notes, diagrams, blueprints, schematics, code, graphics, trials data, metadata, and anything else of importance (excluding names of participants and sources of materials).

User Accounts

Every user signs up with a general community account – everyone starts in the same place.

There are 4 types of user accounts:

  • General Community
  • Scientists
  • Donors
  • Admins

General Community users can earn platform tokens for:

  • Watching videos
  • Liking videos
  • Commenting
  • Hitting milestones in discussion forums and on-site time
  • Consistent voting during live shows

Scientists can earn platform tokens for:

  • Uploading videos
  • Uploading documentation
  • Participating in peer review discussions
  • Being selected to participate in the game show (as contender or judge)
  • Advancing to the 2nd or 3rd round in the game show
  • Successfully voting out scams/fake content
  • General Community actions

Benefactors can earn platform tokens for:

  • Making contributions to donation pools
  • General Community actions

Admins can earn platform tokens for:

  • Removing spam/fake content
  • Being voted in as a game show judge
  • More General Community actions to be determined at a later date

User accounts are private by default. Nevertheless, users may elect to make certain elements of their profile and user data available for the public to see. For instance, users may link existing web3 wallets via WalletConnect, rather than making a whole new identity. Users may self-identify their account type, and fill in profile information if they wish for this information to be shared with the public.

Benefactors

The ideal benefactors are passive donors looking for tax incentives, and the scientifically curious. Traditional science funding sources, e.g. governments, foundations, and private institutions are welcome and encouraged to participate.

Unbound Science recognizes that traditional funders may opt out lacking control over decision authority. As an entry point to facilitate a transition, Unbound Science may encourage traditional funders to consider the Visionary NFT acquisition option. This option may be the preferred route, for passive revenue sharing and aligning incentives. The platform also encourages “retail users” looking for tax write-offs and seeking to apply their money towards making the world better, faster.

Upon confirmation of the transaction, the donor’s wallet will receive an NFT certificate that functions as a receipt and states the amount of the donation with a thank you message.

A yearly leaderboard will track the top five donors and they will be issued a special NFT, which is soul-bound to the donor’s wallet. These special NFTs are likely to attract airdrops and invitations from other projects who wish to do business with scientific donors. Furthermore, these NFTs will be minted on Ethereum main net, as it is most prestigious and likely to attract quality airdrops. The soul-bound aspect means they cannot be sold or moved. They will be minted/destroyed as the leaderboard updates. It is a temporary digital badge/trophy, as opposed to the tax-break receipts, or scientific data dynamic NFT containers, which are immutable and forever.

Benefactors will be informed and must comprehend a critical fact: Unbound Science works as a pool of liquidity. Once donated, benefactor funds will be pooled together into one commingled account. In other words, the design of Unbound Science is for benefactors to provide funding to a liquidity pool, as opposed to a common experience on similar donation websites, where each individual funding their own accounts and then choosing where to grant those funds. Unbound Science is doing things differently. Each of the four starting subject matters (Energy, Pollution, Air/Water/Soil, Quantum) have their own liquidity pool from which the community votes how much to give in grants and to whom.

Example:

Whale A donates $100, and receives 100,000 number of voting tokens. With his/her tokens Whale A decides to vote for Proposal A, using all 100,000 tokens. Community donations are pitiful this season, and raise only an additional $100. Community receives 100,000 tokens split among participating members. Community votes to reject Proposal A, but approves Proposal B to receive 100% of the season’s pool. Community participants had a higher voting weight so the vote swung in favor of the community. Also voting caps limited Whale A’s total vote to 1% of the entire vote. Whale A’s entire donated funds have been allocated to Proposal B. Whale A’s gets refunded and his/her new balance sits at 999,000 for future seasons.

Scientists

Current research is funded by institutions and universities which then retain all the rights and intellectual property. Just consider when was the last time we heard about a person or small team of people inventing something? Almost never. It’s always this corporation or that university. Unbound Science returns credit and control back to the individuals and groups who put in the work. Everything is undergoing a digital decentralized revolution; science should not be left behind.

Scientists will sign up on the platform with their personal information and credentials via third-party plugins. Once verified, the information will be encrypted and stored on-chain. Scientists may selectively divulge information to the public, or remain anonymous, only showing a pseudonym and degree status. Scientists may check or uncheck whether or not they are willing to collaborate with other scientists who have similar proposals or ongoing research. Scientists who are willing to collaborate are given a special badge on their profile, and an extra 10% voting cap over those who are unwilling. Universities who are recognized leaders in research and research fundings, who have led the way previously, will be invited to participate in this new way of doing things, even though this method of conducting fundraising may be laughed away at first, as was Bitcoin in finance, or cloud computing in tech.

Technology Distribution

When the research is complete, scientists will upload their compiled data to a marketplace where it can easily be licensed by global manufacturers or governments, or may be used freely if the scientist elects. The scientist can keep track of their consulting contracts, royalty payments, licensing fees, and open-source contracts all in one place.

Under The Hood

Unbound Science is a web-based application that rides on top of several different web3 technologies. The scientific research itself requires rigid and publicly supported blockchain with years of decentralization and proven security, while identity, data storage, marketplaces, and IP management are served up from a redundant array of options.

Currently involved in the development stack: Secret Network, Flux, Optimism, Fileverse, Story Protocol, Internet Computer, Arweave, Evoke Marketplace, and more. Essentially, anything that can be connected via Secret Network’s “Secretpath” between Ethereum, Solana, and Cosmos can be easily integrated.

Emerging Market

The Unbound Science team conducted comprehensive research on market conditions and possible competitors. We discovered two critical facts and those were the guiding lights as we formulated our project. First, there is a unmet need in the marketplace for this service. The evidence is the existence of four other market participants in this space. Second, as described below, existing market participants are not truly comparable to Unbound Science on matters that are materially important. For instance, only Unbound Science proposes decentralization, security, community, and sensible tokenomics as core principles. Hence, Unbound Science is the only known project capable of meeting the market demand. The other market participants are as follows:

  • ​Recerca​ – fundraising tool for research. They do many things very well, including winning 2nd prize at the Hedera X Filecoin Grant Program. The shortcomings Recera suffers is insufficient decentralization by design. Moreover, the Recera project does not feature tax incentives and they failed to solve the headaches of needlessly lengthy, dull and monotonous funding applications. Council still acts as gatekeepers to donation.
  • ​Experiment.com​ – fundraising tool for research. Donors can browse research proposals and causes, and donate in accordance with their concerns. This project resembles a kickstarter marketplace design. The project does not adequately solve centralization issues, nor application issues, nor is it built on web3 technology that can operate independently. Furthermore, there are no associated tax incentives.
  • ​inTheory Research Markets​ – funding tool for research and reputation. The platform allows scientists to create patents and pieces of research as NFTs thus facilitating research financial transactions. Last, the platform allows licensing or purchasing of intellectual property (IP).
  • ​Molecule​ – Similar to Experiment.com, but focused only on BioMed research. Raised a $13M seed.

Platform Tokenomics. Tokens are created for voting and earning achievements on the platform. These are not intended to be used for investment, speculation, expectation of profit, trade, or ownership of Unbound Science. The community may use their accumulated pile of tokens to vote for their favorite science proposals. Gamified tasks will be a fluid evolution to continuously keep the community engaged, but may represent milestone achievements through hours of video watched, comments made, finding hidden easter eggs around the site, etc.

Total Supply: 1,000,000,000 platform tokens

Platform Token Emissions: To be determined.

“It’ll take a lot more than words and guns
A whole lot more than riches and muscle
The hands of the many must join as one
And together we’ll cross the river.”
– Puscifer, The Humbling River

Follow us on X ​@unboundscience​

Until next time,

Yogi Nelson