• Author: zhouzhou, BlockBeats

Over the past week, DeSci has suddenly become a hot topic of discussion again. Since Binance Labs announced its investment in BIO Protocol, tokens in the DeSci field such as VITA, GROW, and RSC have all risen sharply and have maintained strong performance despite the recent market correction. The BIO Genesis event, which had not been very popular before, was immediately filled up. Even the pump small experimental platform previously launched by the BIO team was "resurrected" again. Now, it seems that all the crypto money is going to DeSci.

The official small experiment of "Resurrection"

The meme market continues to be hot. From various narrative angles, the meme coins RIF and URO in the Desci field have increased by 20 times in less than two days. These two tokens come from the Pump.science platform and represent the compound rifamycin respectively. (RIF) and urolithin (URO).

Pump.science is a meme currency issuance platform launched by the Desci project Molecule DAO. It supports medical experiments in the form of meme coins. The launch of the tokens RIF and URO did not generate much splash, and the market value has been hovering around US$150,000. In the past two days, RIF and URO have continued to break new highs, with the highest market value approaching $3 million, an increase of 20 times.

Pump.Science is a meme currency issuance platform launched by the Desci platform Molecule DAO at this year's Solana Breakpoint conference in Token 2049. Players can purchase meme tokens representing drugs and participate in the prediction of drug effects and the transaction of experimental data. For related reading, see: (Desci faucet is also coming back to life, can Pump.science play the "biological science meme" well?) The reason why Pump.science has been "resurrected" in the past few days can be said to be inseparable from Binance's frequent participation in the Desci field. action.

On November 8, Binance labs announced its investment in BIO Protocol, saying that the investment marked Binance labs’ first foray into the field of decentralized science (DeSci). Less than a week after the announcement, CZ attended Binance’s Desci Day event in Bangkok to discuss Desci insights with Vitalik.

Regarding BIO Protocol, you can learn that it focuses on the field of medical scientific research and uses blockchain technology to change the financing and commercialization methods of early scientific research. Paul Kohlhaas, founder of BIO Protocol, once said that BIO Protocol is committed to breaking the traditional scientific research funding dilemma, promoting global patient-driven scientific research, and bringing about revolutionary changes.

At the Desci Day event in Bangkok, Vtalik Buterin also showed CZ VitaDAO’s first longevity product-VD001, which is a natural high-dose spermidine supplement approved by the Thai FDA. CZ said bluntly, “I hope that in the future Next year we will see 1,000 Desci projects”.

In the past few days, the prices of various Desci project tokens have increased significantly. In addition to the RIF and URO mentioned at the beginning of the article, the VitaDAO token VITA and the Desci project ResearchCoin token RSC have also seen eye-catching increases.

What is the favorite track among the big guys in the currency circle?

In fact, Desci’s “reputation” has always been very high.

As early as last year, the Desci concept caused a wave of enthusiasm in the Chinese community. Desci's innovation in longevity research attracted CZ's attention. He has said that he has actually been paying attention to biotechnology and thinking about how to use encryption technology to accelerate the flow of research funds in this field. This post has also become a key point in Desci's rekindling.

Not only CZ, as early as the Desci conference held in Berlin at the end of last year, many industry leaders came to participate, such as Zee Prime Capital co-founder Matti and Molecule CEO Tyler Golato. They actively shared their research and insights on Desci. And the expectations for the Desci field are quite high.

More than a month ago, a16z also got involved in the DeSci field for the first time, leading the investment in AminoChain, a Desci project dedicated to reforming the process of patient donation of biological samples in the medical field. Binance has also revealed on social media many times that it is ready to use blockchain technology to strongly support scientific projects. CZ once said: "Innovation often occurs in small-scale groups. We need decentralized science because there are many excellent people. researchers cannot get enough funding.”

It is foreseeable that, driven by Binance, the Desci field will attract more and more attention.

What projects can I focus on?

BIO Protocol, which received investment from Binance Labs this time, aims to build a global scientific research funding and cooperation platform using blockchain and DAO. It hopes to use blockchain technology to promote the solution of rare diseases, longevity research and emerging health and other currently insurmountable problems. . BIO Protocol's network currently has seven BIO DAOs, covering cryopreservation, women's health, mental health and other directions. The protocol token BIO and the tokens of its partner DAO can be the subject of attention.

BIO（BIO Protocol）

On August 9, BIO Protocol opened its first round of Bio Genesis token sales, with an average price of $0.025 and transaction volume of $11.51 million. The second round of token sales took place on September 30. This time the average price of BIO has increased by 72% to $0.043, and the trading volume has also risen to $19.49 million. By the time of the 2.5th public auction on November 10, the BIO price had risen to $0.066, a 264% increase from the first round. Currently, BIO Protocol’s auction round has ended.

VITA（VitaDAO）

VitaDAO, a group focused on funding early-stage longevity research, has raised more than $5 million and received investment from Pfizer Ventures. Since Vitalik showed VD001, the first product developed by VitaDAO, to CZ in Bangkok, VITA has started a violent rally mode, with the highest increase in the day reaching 82.4%, the latest price is 3.12 US dollars, and the market value exceeds 80 million US dollars, with an increase of nearly three times in the past week. .

RSC（ResearchHub）

RSC is the native token of the ResearchHub platform, a project founded by Brian Armstrong, the founder of Coinbase. It is mainly used to reward users who publish high-quality content (new papers, comments, peer reviews, paper highlights, etc.) on the platform. Each When users publish these contents or receive likes, they will receive a certain number of RSC tokens, and the number of RSC can represent the user's reputation on the ResearchHub platform. The higher the reputation, the greater the power (the right to mark, edit or delete low-level content). quality content to ensure the quality of platform content).

ResearchHub also has a partnership with BIO protocol. RSC has increased by nearly 200% in the past week, and its market value has hit $60 million again after six months.

In addition, the related developments of the tokens RIF and URO of the Pump.science platform mentioned at the beginning of the article and its incubator Molecule DAO are also worthy of attention.

However, looking back at the history of tokens, we can find that RSC had a monthly increase of nearly 40 times in November 2023, and then suffered a sharp decline; VITA also fell back after reaching a market value of about US$100 million in 2022 and 2023. Whether Binance Lab’s support and CZ and Vitalik’s enthusiastic “order calling” can push the Desci track to new heights remains to be seen.

This article is reprinted with permission from BlockBeats

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