RMDS Lab: A New NFT Marketplace For Science And Tech IP…
January 15 2022 - 01:35PM
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West-coast based spatial data and analytics firm RMDS Lab plans to
create the first-ever dedicated science NFT Marketplace before the
end of the first quarter of the year. Related Reading Bitcoin
Revisits $44k As Exchange Outflows See Uptick RMDS Lab is known as
a data and artificial intelligence (AI) platform based in
California, and founded by IBM’s former chief data scientist Alex
Liu in 2009 to create a global community of data scientists and
researchers, and to promote scientific innovation through data and
AI. As NFTs increased in popularity, RMDS says ‘a huge demand for
NFT minting and listing’ played a part in RMDS’ decision to create
a way to sell NFTs for research and technology-associated IP. ETH:
Ethereum is leading coin on the blockchain for NFTS. ETH-USD on
TradingView.com The NFT market rocketed almost 43,000% between 2020
and 2021, according to the cryptocurrency exchange Binance. RMDS’
goals in moving into NFT sales are to connect scientists with
investors, as well as to link science and technology IP with
related collectors, investors and science enthusiasts. The intent
is to provide new fundraising channels for science and technology
projects, and accelerate technology development. NFTs have mostly
been art and music based, with gaming and literature joining in at
times as well. Liu explained “for scientists, it is often
difficult to get funding, and to get funding through the
traditional channels takes a long time.” He added that “NFTs can
simplify this and help people to focus more on their real work,” in
a statement released by Chemistry World. “Also, scientists do
not have many channels to reach investors, and an NFT marketplace
can expand their reach.” NFTs and science have already made a
couple of moves that might of sparked the idea that science can in
fact sell NFTs. In June 2021, The University of California,
Berkeley announced that they will be auctioning off the patent
disclosures behind two Nobel prize-winning discoveries made there
by selling them as NFTs. They set aside part of a fundraising
effort to support basic research at UC Berkeley; the plan worked
out for the better, and the University earned $55,000 from an NFT
that was based on James Allisons breakthrough research behind
cancer immunotherapy back in the 1990s. Liu acknowledges that the
technology behind NFTs is still evolving and developing to address
these environmental issues, as well as security and copyright
issues. “We are connected to a lot of experts in blockchain AI, and
we want to develop this marketplace,” he stated. “With our talent
pool we want to help solve some of these problems and make NFT
exchange better.” The platform is still in developmental stages and
is set to be completed by the end of March. Related Reading Bitcoin
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