Data Science Coin, or DSC in short, is the standard currency for data science projects and contracts. It aims to build a strong foundation for the data science eco-system and community by establishing value standard that people can refer to. Data Science Coin aims to create a better world to live in by spreading the use of data science and enhancing the positive effects and efficiency of it: a world where data science is not just something that only giant companies toy with, but also something that from which smaller business entities and individuals can reap benefits; the democratization of data science to free people from prejudice, bias, misconception and false belief.
Clients and providers, such as small and medium sized businesses and data science service
startups can set price and negotiate in DSCs. DSC will serve as a medium in which every
participate can easily communicate. Although the price of DSC is likely to increase over time, there will be fluctuations just like
stocks or any other cryptocurrencies due to various unpredictable and external reasons. This
will provide short-term traders an opportunity to trade DSC for profit.Data Science Coin may also be able to serve as a profitable long-term investment. This is due
to the fact that the prospects of the data science, the industry that DSC is backed by, look
promising as the industry is expected to grow over the next decade.
People may be intrigued by a new trend but do not genuinely ‘care’ unless they can actually
connect, own and profit from it. DSC will encourage the public to become familiar with data
science and its related fields and also incentivize the use of it; for small and medium sized
businesses(SMB), and data science startups, DSC will facilitate the process of data science
projects and contracts; for people who don’t know data science, DSC will act as a gateway;
for investors and asset traders, DSC will prove to be a strong investment due to its profound
connection to the data science industry.Data Science Coin will become something that people can relate to when they think of data
science: a symbol that people can connect with.