DeSci FOMO is fascinating in this memecoin-driven market.
On one hand, DeSci is the exact opposite of memecoins:
"Boring science" vs. memetic cute dogs and cats...
And DeSci tokens attach more utility value than any DeFi token.
I thought utility was just an impediment and a ceiling for massive token pumps?
For example, $RIF or $URO grant fractional rights to the cocktail and could be licensed with potential revenue sharing.
But it will take years for this to materialize, even if the experiments are successful.
DeSci feels like the 2017 ICO era with ambitious ideas to change the world.
But this time we are actually doing it! It's not just a whitepaper.
Still, DeSci isn't a totally new narrative. We've heard about it years ago.
The speculative triggers for DeSci seem to be:
• Vitalik/CZ & Brian Armstrong are active advocates
• Binance recent investment in Bio Protocol & Brian being a cofounder at @ResearchHub
• Degens are actively looking for the "next big thing" in the bullish market
• Pumpdotscience launched tokens in pumpdotfun memecoin style
The narrative formation often seems random and takes a few triggers for them to emerge.
But few could have expected such FOMO for DeSci...
Still, DeSci is a redemption trade for all our degen sins.
Hope the FOMO lasts for a while now.
