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The intersection of open-access science and blockchain technology has taken a remarkable turn as a crypto influencer going by @0xAA_Science has made a huge transaction. As per Lookonchain, a well-known on-chain analytics platform, @0xAA_Science has donated $190K in $scihub coins to Sci-Hub founder Alexandra Elbakyan. The analytics provider took to its official social media account to disclose this significant development.
Influencer @0xAA_Science has transferred 10M $scihub($190K, 1% of the total supply) to @ringo_ring(Sci-Hub founder).$scihub is a token named after Sci-Hub, an online platform that offers free access to millions of scientific research papers.
— Lookonchain (@lookonchain) November 17, 2024
Yesterday, @0xAA_Science spent… pic.twitter.com/CQnrhyhcfv
Crypto Influencer ‘@0xAA_Science’ Donates 10M $scihub Coins to Sci-Hub Founder
The donation of 10M $scihub coins from the crypto enthusiast @0xAA_Science to the Sci-Hub founder denotes 1% of the cumulative supply. The $scihub coin takes inspiration from the Scie-Hub platform. Sci-Hub reportedly provides a tribute to the advanced online repository offering open access to numerous academic papers. While serving as a decentralized endeavor, this coin backs science and also challenges conventional hindrances to knowledge distribution.
@0xAA_Science recently took significant attention by transacting 30.22 $SOL tokens (nearly $6,600) to purchase 226M $scihub tokens. The respective coins have a value of $4.3M. The respective buyout highlights a substantial 22.6% portion of the cumulative token supply. This points toward the influencer’s strong commitment to Sci-Hub. Parallel to the acquisition, @0xAA_Science also pledged to donate twenty percent of the holdings thereof to the Sci-Hub founder. The recent transfer indicated the commencement of that promise.
The Initiative Displays Crypto’s Potential to Drive Scientific Advancement
According to Lookonchain, after that transaction, @0xAA_Science still possesses 215M $scihub coins with a value of up to $4.1M. The influencer’s devotion to backing Sci-Hub expresses the noteworthy role that crypto philanthropy can play in fortifying grassroots initiatives. This endeavor shows the contribution of the crypto and blockchain sectors in driving advancement in areas conventionally underserved in terms of funding. This collaboration could signify an exclusive epoch for open science, driven by the crypto potential.