Orvium is creating a platform that will decentralize the market of academic journals. By providing a platform that connects journals in need of peer reviews with scholars that are willing to review new scientific works, Orvium creates a greater efficiency in the academic journal market.
Read on to learn about the project's value offering.
Orvium VRIO Analysis
Orvium VRIO Analysis
VRIO analysis gives a crisp and tight snapshot of the odds of success of a project.
As a decentralized platform, Orvium offers several value additives.
Orvium creates a distinct value for the professionals in academia. It empowers scholars to be able to review their peers' work without having to rely on a market maker to provide a peer review service. It connects the industry's professionals to support each other directly.
Additionally, it allows the development of an autonomous market functioning at equilibrium. The scholars who want to promote their work can have it prioritized within the queue by incentivizing other scholars with a reward in ORV tokens. The development of an independent market structure for peer reviews, scholars will be the ones in charge rather than a third party business.
Orvium is not the first decentralized platform, but it is the first one to target academic journals.
Not only does is it the only blockchain-based market player for its target userbase, it can learn from the mistakes of other decentralized platforms to develop a proper internal economy. Blockchain technology is still in its nascent stage and there isn't yet a perfect format for decentralized market development. This project is the first of its kind and is therefore entering uncharted waters; it has some advantageous opportunities as it won't have much competition for its particular service and it can learn from the successes and failures of other decentralized platforms.
As ICOs have made it incredibly easy to raise funds, competition is stiff for most blockchain projects. New teams that try to differentiate themselves a little realize that other market players swiftly develop features that match the ones being offered by new projects.
However, most projects face swift imitation as they aim for congested markets. Orvium is the first one to target academic journals in general. While there are other data-focused projects, Orvium's goal is to decentralize the reviewing of data--very specific data.
As existing decentralized data entities cannot be just altered to adopt a reviewing system, Orvium is unlikely to face imitation--at least in its earlier years.
Orvium's founders have a vast history of experience dealing with data and data products. All 3 of them have developed solutions within the data market for m private sector companies and have contributed in various ways to either academic institutions or non-profit, research-focused institutions.
The project's advisory board is extensive and is divided into categories. The team is being advised by several professors and senior leaders from universities, its business model and operations are being developed with the help of major business leaders, and the core utility of blockchain technology is guided by a large group of technology specialists.
Orvium has a founding team with plenty of experience with business leadership and they are being helped by an extensive roster of advisors. With the cumulative efforts of such a large number of professionals with so much relevant industry experience, the project is saddled for delivery.
Wrap-Up: Orvium’s value offerings are being developed by a skill team that can learn from the successes and failures of decentralized platforms that have preceded it; this will allow the project to pave its way in a new territory for blockchain technology.
Essential Links
🌐 Website: https://orvium.io/ 💡 Whitepaper: https://orvium.docsend.com/view/nvr6ywj 👨 ANN Thread: https://bitcointalk.org/index.php?topic=3535259.0 💻 Telegram: https://t.me/orvium
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This is a very interesting idea and I think a great way to bring scholars into the space! I can't wait to do more research! I love to read about new projects coming into the world of blockchain!
You make a great point; this could help extend the market to a new audience.
These are very good projects. Scholars associated with this topic will get a better platform. This is also the first such opportunity.
Valid factors.
It offers plenty of value to the academic community.
The development of an independent market structure plays an important role, of course
Certainly.
ORV tokens create an internal market.
In this and the meaning - to learn from other people's mistakes and achievements, but in addition to advertising for investors you need numbers that convince much better. The competition is really very big in this sector.
I actually addressed this in a previous piece: https://steemit.com/bitcoin/@hatu/projects-fail-when-they-target-late-adopters
The main problem is that a mass consumer does not understand at all what a crypto currency is and the one who first gets to the minds of a mass of small investors and explains the positive aspects of the detachment and will dictate the conditions on the market.
You are right and that's what I addressed in my piece, but with a different view. This technology is at a nascent stage and targetting mass market is a challenging task at the moment. However, targetting innovators (like individuals in academia) is a good way to target early adopters.
I agree! This is both difficult and interesting, because. What's new
I hope the orvium can stand to its full potential, this is great
Certainly is :)
great post how to buy VRIO
I guess there's some degree of phonetic similarity in VRIO and Orvium.
The project is Orvium :)
The public sale hasn't started yet.You may register here, https://ico.bitcoinsuisse.ch/.
In which exchange vrio will be listed ?
VRIO is the analysis format; project name is Orvium.
No exchanges announced yet.
Very good post, i like it
then orvium is functioning important sir .thanks
you always make a really great article. ! i m enjoying. that help me a lot.!!
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Posting with Orvium platform has been pretty much beautiful.