Scientia (SCIE)

Scientia (SCIE) is a cryptocurrency token that supports Science and returns rewards to the Scientia Community. The project aimed to establish a trust owned by the Scientia Community, but the trust could not be realized due to obstacles and challenges. Therefore, a comprehensive distribution and reimbursement plan has been devised to ensure that long-term holders of Scientia Token do not lose any money and have the opportunity to benefit from distribution and reimbursement. The community has approved this plan, and after its implementation, Scientia Token will continue to exist on the blockchain as an autonomous smart contract.

The Scientia Token is an innovative cryptocurrency token that entered the crypto space in October 2021. It operates on the Binance Smart Chain and has been available on the secondary market, PancakeSwap, since November 2021. After experiencing an initial negative rebase phase, Scientia Token reached its initial target price in December 2021. In February 2022, the decision was made to stop the elastic supply feature and associated rebases of Scientia Token. Since then, the token operates without rebase. In September/October 2022, a distribution and reimbursement plan was proposed and approved by the community to ensure the well-being of long-term holders.

Scientia Token will continue to exist on the blockchain, retain its basic tokenomics, and be usable by anyone who wishes. Ownership of the smart contract will be relinquished after the distribution phase, making Scientia Token an autonomous smart contract on the blockchain. The distribution and reimbursement plan aims to provide fair opportunities for long-term holders, pre-sale holders, and those who may not have initially understood the project. The plan allows participants to sell back their tokens at favorable rates and receive reimbursement if eligible. After the distribution and reimbursement phase, active development and marketing for Scientia Token will cease, but it will continue to exist as a cryptocurrency.