To the Einsteinium community,
Below is a brief overview of our actions over the past month of November 2022.
The crypto winter is directly adding delays to some of our current strategic initiatives, however we remain focused on navigating active collaborations and the final steps for MIL. Our focus remains on the delivery of MIL, an evolved blockchain forked from EMC2, we continue to finalize agreements and the next best steps as the summer months have led to a natural delay in operations.
We continue to see a great interest in the EMC2 project and have kept an eye on the emerging #DeSci and DAO movement for opportunities to position ourselves in the future.
We believe that the innovative Einsteinium/MIL mining tax algorithm is the most sustainable method in the science+blockchain space. We are doubling down on our efforts to bring new technology to the masses in the form of MIL and to achieve our mission of creating a long-term solution for scientific funding using cryptocurrency.
We have also begun to explore additional technical development in our MIL project to keep it competitive in the crypto space. This will require onboard new members of the team that have experience as software developers and will grow our technical core competency. Those interested should reach out to the Einsteinium Foundation’s team for more information.
We invite members of our community to complete a short survey https://bit.ly/3Sv9Zwf for us to receive feedback on our progress to date, and to help guide our strategic initiatives going forward.
Our core mission: government funding of science is in crisis.
We would like to take a moment to reinvigorate why The Einsteinium Foundation does what it does. Much of our effort is designed to combat problems and growing inequities in what the traditional scientific funding institutions offer. The prevailing trends continue to be a deemphasis in the funding of fundamental scientific discovery as compared to translational research and in this way, science has become industrial. We also observe that the training of scientists suffers from a breakdown of the apprenticeship model into a form of the commodification of scientific training.
While our comments largely target gaps in the American funding system, we believe these issues in the training, development, and retention of scientific talent to be a global problem. We must ask ourselves, why do people leave science? As it stands, it is the alternative career in the funnel of scientific talent. While not everyone desires to be a university professor, and success should not solely be measured by the establishment of academic labs, we believe they are the future drivers of innovation and provide fertile soil and safety for the growth of new ideas which challenge old paradigms, and a renewable resource for basic science to move to targeted application at the bedside. We believe that part of the problem for so many uniquely qualified and highly skilled individuals leaving fundamental science is the intrinsic instability of their lives. Which is difficult to navigate with often distant geographic dislocation, and salaries that have failed to keep pace with inflation and cost of living. We discuss potential solutions in future announcements.
The rest of this monthly memo describes a number of ongoing initiates at The Einsteinium Foundation, each of which contributes to the strength of our operating ability and drives our core mission.
Einsteinium College internship program
The Einsteinium Foundation is looking to instate an internship program which would be a mentored program designed to provide current college students with hands-on experience and familiarize them with career opportunities in blockchain technology and philanthropic science. Students will be accepted into the internship program. Interns are matched with Einsteinium members according to their stated area of interest and work on an ongoing project in one of our programs. College students interested in this program should reach out to the Einsteinium Foundation at contact@emc2.foundation.
Open call for an Einsteinium (EMC2) NFT project
We are looking for open collaboration on an NFT collection with members of the Einsteinium community. This collection should be designed to commemorate the Einsteinium team and projects that have been built and supported through Einsteinium’s technology. We are soliciting unique and visionary project ideas, interested parties should reach out to the Einsteinium Foundation at contact@emc2.foundation.
Einsteinium Fellowships
In 2018, the Einsteinium Foundation, a non-profit organization (NPO) and the world's first NPO to be backed by cryptocurrency, established our annual award program. We did this in order to offer grant money to directly support scientific research. We continue to balance our operations as a cryptocurrency and philanthropic organization. Therefore, on the anniversary of Einstein’s birthday, we announced that the Einsteinium Foundation will support the Einsteinium Fellowships, with details of this initiative described in our recent blog post. This marks a very special occasion for the Einsteinium Foundation as our organization's founding was inspired by Albert Einstein. For this program, there are no restrictions on the type of projects that are eligible but they must be scientific in nature and well-thought out. Additionally, eligible projects must follow a general ethos to push human knowledge forward, and strive to build us a better, safer and more stable future. In this regard, the fellowships support researchers across career stages including graduate, postgraduate, or professorships by offering funds to be utilized for the advancement of a scientific project. This year, we will be offering the Einsteinium Fellowships in the form of 10 fellowships to be awarded on a rolling basis throughout the year. Each fellow will be awarded 10,000 EMC2 in unrestricted funds. We encourage you to spread awareness of this initiative and if interested, to direct your application here.
https://www.emc2.foundation/einsteinium-fellowship
Expanding our listings on exchanges
We continue to look for new ways to increase the awareness for The Einsteinium Foundation and functionality of Einsteinium, our current product. Einsteinium, the coin, is available to trade on several top exchanges. We are excited by and fully support the recent community-driven activity to reach out to exchanges on our behalf. As a strong driving signal on the Foundation side and in order to reach a wider audience in the cryptocurrency community we are planning for additional exchange listings in the new year.
We are looking to add to the team
The Einsteinium Foundation is looking to add to our team. In specific, we are currently looking for a Blockchain Developer to work on our new cryptocurrency core that utilizes the Ethash mining algorithm. The ideal candidate will have strong hands-on development experience with Bitcoin or any other Bitcoin-like cryptocurrency core project. This current position is not recruiting for smart contracts developers. Additional details regarding the position are available here. This current position is not recruiting for smart contracts developers.
We also encourage anyone interested in any other role within the Foundation to reach out to us. As we anticipate expanding on our team, the Einsteinium Foundation is looking for a number of roles to contribute towards the success and adoption of Einsteinium. For more information about this, reach out to us via the contact form on our main page to express your interest.
https://www.emc2.foundation/contact
Signed,
Leadership of the Einsteinium Foundation
About the Einsteinium Foundation. The Einsteinium Foundation is a non-profit organization (NPO), and the world's first NPO to be backed by cryptocurrency. The defining characteristics of The Einsteinium Foundation is its ongoing commitment to research and charitable missions throughout the world, and to the safeguarding, maintenance, and development of Einsteinium, an international digital currency built on a secure, decentralized open ledger, or blockchain.
Press contact: contact@emc2.foundation
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