The SciPost seems to be a new publishing platform with rather unusual peer review procedure -- fully open. It means that names of authors/editors/referees are known to the public at any stage. My colleagues expressed an opinion that it cannot be productive. Therefore my question: can SciPost be considered a reliable and serious publisher competing with journals beyond the paywall?
In SciPost, the texts of the reviews are publicly available, but the reviewers can stay anonymous, and most of them do, as far as I can tell.
With 153 published articles so far, including by well-known authors such as Cardy, Verlinde, Rychkov, Seiberg, etc, it is clear that the journal has a good reputation among researchers. The challenge is now to become financially sustainable, while remaining free to authors and readers.
Another journal that practices a form of open peer review is PeerJ.