Currently, most whitepapers cite scientific papers, but academia people get little from the ICOs.
Here is a proposal how science could be funded by ICOs:
-
An ICO would voluntary commit, say 1% of proceeds to the science used by the technology.
-
The LATEX citations section of the whitepaper would include allocations of the proceeds in percentages. Basically, the whitepaper author would decide to allocate, say, 7% to one citation, 5% to another citation etc., the total being 100%.
-
Then in a pass-through fashion, each scientific paper would voluntarily allocate the percentages to the papers it cites. So if my paper cites papers X,Y, Z I could allocate 40% to myself, 15% X, 20% to Y and 25% to Z.
-
As a result, you could have every paper to include smart-contract readable allocations, and then a smart contract would essentially create a network flow of money from ICOs to papers cited in the whitepaper, then to second level citations, third level citations etc.
-
When a professor moves to one university to another, she could “take” her papers with her, so the university would receive funding from the sum of contributions of its faculty.