> So far Sci-Hub has collected donations in normal cryptocurrencty only, but few days ago a surpise came: Sci-Hub received a large portion of ... meme tokens named after the project. The total amount of funding received by Sci-Hub, by current exchange rate, is about $2M. But how long will that funding last?
> Meme coins are in trend today, but usually they do not last long: after becoming viral these coins slowly decline in price and eventually die. That is a normal lifecycle for a meme. But Sci-Hub is obviously much more than a meme: the website has a mission to make all of science open - and it is working towards that goal since 2011, for more than 10 years already (yes, there are recently some problems with new papers, but they are temporary).
> Indeed, it would be great if science had its own distributed cryptocurrency, that could be used to fund research projects, journal publications, awards and others. The idea itself is not new: there have been quite a few projects that attempted to implement it, but they did not succeed.
> But Sci-Hub meme coin succeeded, at least for now: the token has more than >16K holders and a market cap around 20M. We need to build upon this initial success, and who knows? Perhaps in the future the coin will be default currency in science.
> All in all, the funding that Sci-Hub received will be spent to support more open science initiatives. For example, why not to start rewarding authors for publishing their work in open journals?
> To support the initiative, you can install Solana wallet and buy some of Sci-Hub tokens. Donate part of them to Sci-Hub, and keep the other part until it grows. And join Sci-Hub meme coin community of course!
> $scihub is not an official Sci-Hub token, is not affiliated with Sci-Hub, and does not own Sci-Hub.
> The $scihub community has proudly pledged 20% of the total token supply to Sci-Hub