Should we be Taking Gridcoin & BOINC to Enterprises to Build the Science Economy

in gridcoin •  7 years ago 

I am really enjoying contributing to BOINC and earning some Gridcoins for my contributions, but the fact remains that my contributions are to science first and foremost, while anything I earn from this is an added benefit. From reading the Steemit and Reddit posts it seems like this is the overall sentiment of the group and the main users that are posting arent at all shaken by the recent drop in Crypto prices, something that I find refreshing and drives me further to contribute to this project, in hopes to build an economy backed by its users contributions to science.

We have ourselves an unbelievable base of users, being by far the biggest contributor to BOINC smashing in a RAC of over a Billion credits a day! The strong majority of users here seem to be individuals contributing their part to expanding our knowledge in the sciences, but doesnt it seem like Enterprises have this massive untapped potential to do something inherently good while atleast partially covering their costs and kick starting the science economy?

For example, a company I used to work for had over 130 PCs, varying between modern i5s and i7s, turned off, doing nothing of a night time, that could be contributing just such a massive amount of computing power to our understanding of the sciences. This same company had a budget for charitable and social projects, but it seems that donating computing time to the sciences was never an option as a program needed to be installed and run on the computers (Security threat) and it just didnt seem to be as appealing when compared to donating to Unicef (Marketing). Suffice to say the project didnt see the light of day.

The purpose of this is really just to see how the community feels about potentially getting enterprise and business involved in shifting towards a science backed economy. Impact investing (where people do social projects and eventually expect a return on investment) is on the rise, and it seems that Gridcoin and BOINC fit very nicely into that category as the initial outlay of capital has been done when buying the workstations for the users, all that is then needed is energy costs.

In my opinion it would be nice to see business get involved in this, because as more users, be it individuals, business or enterprise, earn and accumulate Gridcoin more and more businesses will be inclined to accept and use Gridcoin for their own business transactions, driving up the value of Gridcoin, creating a vicious cycle where the ultimate winner is science.

Getting businesses involved should be philantropic first and foremost, with a little emphasis of the potential that Gridcoin has in the future.

I looked forward to reading your responses and insights.
Lets convince business that their idle hardware can be used to build an economy backed by science.

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  ·  7 years ago (edited)

This is an interesting idea and should be researched thoroughly.

A job for the marketing department?

Great, thanks for your opinion, If this gets an overall positive response then I will start to look into this a bit more thoroughly, maybe get a case study going so that it can be shared within the community and to other businesses.

More research, more case studies = more knowledge to base decisions on.

Ahh the search for knowledge... its what brought us to this in the first place

I think this is a great idea. A few initiatives are underway -- it is difficult to say that we should reach out right now at this very moment when there are still some organization tasks that need to be completed. Many institutions would like to see plans for future development (roadmaps), planned, lengthy, and thought out writings on important subjects (medium and a whitepaper), and active and productive community discussions. Without these resources, it takes a lot of convincing to prove to them that we are not your every day greedy crypto group.

I think that, in general, this is something that should be planned out and executed in the 2nd half of 2018. As always, I'm open to other opinions = ). Feel free to reach out on slack or discord.

Thanks for your feedback! I agree with all of your points regarding the Gridcoin side of things, although I at this point see no harm in pushing BOINC and then Gridcoin to businesses stating "hey, give back to science and earn some of these coins that at this point are worth 0,12USD but may one day be worth a whole lot more or nothing, the science contributions you make remain."

I just wanted to write somthing up and get the general consensus and feeling here, as pushing to businesses will ultimately hurt peoples MAGs, hopefully it can be offset by the increase in value though.

I would love to contribute further, I feel quite strongly about this and wuld be nice to see businesses give to scientific advancement, even if it has an inherently greedy motive.

Great idea. I would want to know how electricity use and equipment life is going to change if this is implemented.

Thanks for the feedback! Noted this down for future research, although plase see my short answers below

In my experience, PCs are often not replaced in the office due to broken components but more ammortisation of hardware that then renders them too slow for operation. Either that or the lease terms are up on the hardware and they are returned to the vender.

There are some great monitoring tools to ensure that hardware doesnt reach crazy high temps, T Throttle comes to mind, that maybe can be bundled to ensure that temperatures are managed.

Of course this is different for every company and depends on the IT setup.

Electricity is tough, but once again in my experience, electricity usage can be monitored and plotted in real time through building management and the utility provider. Case by Case basis though.

  ·  7 years ago (edited)

The only harm I see is pushing potential clients away because we are not ready with resources and presentation material. But this isn't much. It's not like there's a shortage of CPU's run by businesses out there.

Anyway, if I were a business and someone came to me, I'd evaluate:

  1. Security of my system
  2. Reputation of my brand
  3. Legal responsibilities and requirements
  4. Practical application
  5. Profit potential
  6. Risk
  7. Growth potential
  8. Benefits of early adoption vs waiting for others to do it first

I think overall the community would be okay with something like this. If you want help or to help with the ongoing development of these sort of initiatives, come on in to slack or discord.

And this is the information that I will look to evaluate. If the community seems open to it.

I think what we have going for us at this time is the fact that the IBM World Community Grid was marketed heavily to businesses, and it had quite the uptake rate, judging on their partner statistics. They created a great overview for installation processes across a large number of devices, management, etc.

Adding GRC to the mix obviously adds issues in regards to expensing electricity usage and potential tax implecations, al of which will have to be case by case in the jurisdiction of the businesses.

I will sign up for the slack or discord when I get home, and look forward to contributing further

I know some doctors here and they are potential users of gridcoin. By months I'm thinking to present them BOINC and Gridcoin but I think we don't have enough communication material. Trying to write it in french by myself I think a maketing push could be studied (maybe find some ambassadors all over the world ?) Keep it crunching !

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