You do not have to be a part of the prestigious schools to have your ideas be financially supported. Simply create a request for funding, and the ECIR Labs community will fund your project with ECIR Token upon successful review. As the community grows, your chances of being funded will increase exponentially.

Never worry about how your funds are being spent. ECIR Token and its subsequent smart contracts allow transparent management of the spending by requiring your fund recipients to get approval from the funders. Having the researchers publicly share the what, who, why, and how of the spending nudges them to be wise with their expenses.

Sharing academic data, code, and other things is fun on its own. But being compensated for the hard work is even better and helps keep up the motivation. That said, ECIR Token creates an economy where researchers trade and purchase research assets. As the community grows, more researchers will be rewarded with more compensation.