INTRODUCTION
TeraOpenScience free TeraOpenScience open science platform enables responsible and socioeconomically diverse researchers and students around the world to collaborate.
All the sciences impact animal, human, and global health outcomes. This includes the impacts brought about by climate change. Our interdisciplinary approach supports achieving positive health outcomes for everyone.
TeraOpenScience enables scientists and students to share research easily, while it also opens a path to develop untapped technologies. Simple to use tools enable more effective collaboration.
HOW DOES TERAOPENSCIENCE WORK?
TeraOpenScience starts with open discussion message boards. However, TeraOpenScience also offers more! Once you are a member, you can go into your Profile and add new features to your experience. It is your choice what you see.
More broadly, TeraOpenScience not only provides message boards, but also open technologies, grant funding, manuscript review (soon-to-be preprint server), knowledge center, and blockchain-based cryptocurrency and non-fungible tokens (NFT) awards into a unified collaborative ecosystem.
OUR MISSION
We believe strongly that scientific collaboration free of constraints is paramount to promoting diversity in research and reducing the cost of healthcare while increasing availability.
At TeraOpenScience, we pride ourselves on a core set of values that are aligned with our mission. These principles are the foundation that drives our everyday activities.
- We believe strongly in mutual respect by all members of our community.
- A greater proliferation of solutions can occur through open and transparent interactions.
- We focus our entire effort on making a positive impact to the world’s community.
- We believe passionately in interdisciplinary collaborations.
We are not against patents, copyrights, and trade secrets. Rather, we believe there is a parallel opportunity. Open science and open access provide opportunities that closed science does not. One great example is being seen in a public environment, which opens the development of a personal brand.
A DEEPER DIVE – the details
TeraOpenScience freely provides the scientific community the TeraOpenScience open science and open access publishing platform. TeraOpenScience is designed for interdisciplinary applied and fundamental researchers and students from the Science, Technology, Engineering, Math (STEM), Arts (STEAM), Humanities, Social Sciences, and Economy (SHAPE) philosophies.
As a first of its kind Web3.0 and decentralized science (DeSci) ecosystem, TeraOpenScience puts scientists and students at the center of positively impacting human, animal, plant, and global environmental health outcomes. As such, TeraOpenScience is poised to be the world’s largest think-tank.
When its members freely opt-in, they can gain access to a larger ecosystem that provides intellectual properties (IP), grant fundings, free research tools, manuscript review tool (soon-to-be a preprint server), knowledge content center, and career opportunities. As its members interact and create content, they gain Ethereum and layer two Polygon blockchain-based ScienceCoins cryptocurrency and non-fungible token (NFT) awards.
While its members use TeraOpenScience.net they can also be seen by potential co-authors, grant funders, investors, recruiters for postdoctoral, gig, consulting, and employment opportunities. TeraOpenScience members may also be visible to committees that award prizes such as Nobel, Fields, Turing, A.SK, Pulitzer, Kalinga, and L’Oréal-UNESCO.
To help reduce misinformation, the public is also welcome. Free usage of TeraOpenScience is provided via a Creative Commons 4.0 ShareAlike (CC4.0 ShareAlike) license.
TeraOpenScience acts similar to a not-for-profit and might be thought of as behaving as a United States Benefit Corporate (“B Corp”). This model enables us significant flexibility with more stakeholders while staying focused on doing “well by doing good”.
And to that, students and researcher that are working together within TeraOpenScience will not be exploited. When the community members interact, create or submit content, and help make TeraOpenScience more valuable, the members gain value back as a result.
Finally, using TeraOpenScience gives members the ability to be seen. “BE OPEN. BE SEEN!”
Multidisciplinary Teams and delivering Moonshots
Team Formation
Multidisciplinary teams address ambitious challenges
Practical Solutions
Teams develop solutions and actionable plans for real-world use
Field Testing
Field testing ensures the practicality of proposed solutions
Commercialization Pathways
Strategies for successful implementation and launch are created
Revenue Model of TeraOpenScience
- Driving sign-ups though extensive social media influencers activity
Exit Fee
A 10% fee is charged based on the discounted NPV of projects upon exit
Project Startup Fee
A startup fee of between $1,000 and $10,000 (Function of the size of the company) is required to initiate a project
Project Monthly Fee
There is a monthly cost of $2,000 per student involved in the project, shared with the student
Professional Engagements
A subscription fee of $1,000 per year is charged for access to commercial services
Students Sign-Up
Students' sign-ups are offered free of charge.
Initial Funding and Exit Strategy
Funding Requirements
We require initial capital of $2 million for the platform’s re-launch.
TeraOpenScience should be self-supportive as of Year 2
Talent Development
IT Platform upgrade (300K)
Headcount ($200K)
Marketing communication ($500K)
Contingency $1,000K)
Projected Valuation
Our exit strategy targets a valuation of $50 million in Year 4 based on a multiple of 4 times projected EBITDA and/or a 20% discounted NPV