Recently, the popularity of meme coins has been soaring, with DeSci maintaining high interest. A new revolution is quietly rising, which is decentralized science (DeSci). This emerging field has attracted the attention of cryptocurrency giants and tech pioneers, including Binance founder CZ and Ethereum founder Vitalik Buterin, both of whom are focused on this new track.
On November 13, CZ shared on social media his experience at a DeSci entrepreneur gathering organized by Binance Labs in Bangkok with Vitalik Buterin, mentioning VitaDAO's longevity product VD001. This product is a natural high-dose spermidine supplement approved by the Thai Food and Drug Administration, marking an important advancement in the DeSci field.
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Meanwhile, Binance Labs also announced an investment in BIO Protocol, a platform aimed at supporting global scientific research through decentralized methods, covering multiple fields such as cryopreservation, women's health, and mental health.
What is DeSci?
DeSci, or decentralized science, is a new model that applies blockchain technology to promote scientific research and innovation. It aims to break the shackles of traditional scientific research through decentralized technological means, facilitating intellectual property sharing and rapid transformation of research results. With the maturation of blockchain technology, DeSci is becoming an important tool in areas such as longevity research and drug development. The core of DeSci lies in providing funding support and liquidity for scientific research through the establishment of decentralized autonomous organizations (DAOs) and the use of token incentive mechanisms, thereby accelerating innovation and discovery.
Currently, the key figures in the DeSci track are particularly focused on the Pump Science concept and the donation concept.
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Pump Science Concept
Pump Science is an innovative model launched by Molecule DAO within the Solana ecosystem, aimed at supporting medical experiments and longevity research through tokenization. The uniqueness of the Pump Science platform lies in its combination of drug research with the token market. Players can purchase meme tokens representing drugs, such as Rifampicin (RIF) and Urolithin A (URO), and predict drug effects based on experimental results. This model not only provides funding support for longevity research but also offers new investment options for investors.
Currently, the performance of the two tokens, RIF and URO, in the market is particularly outstanding. RIF's market value reached a peak of $200 million. The RSK Infrastructure Framework (RIF) is an open distributed infrastructure protocol suite. It utilizes smart contracts on the Bitcoin network to achieve simpler, faster, and more scalable development of dApps. According to AICoin market data, RIF is currently priced at $0.1312.
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URO is a meme coin representing the decentralized scientific concept, issued on the Pump Science platform. Urolithin A, which it represents, is a naturally occurring compound associated with potential health benefits and anti-aging properties. As KOL Orange said, the immortality element is favored by the big players. According to AICoin market data, URO is currently priced at $0.55.
Image Source: AICoin
Donation Concept
Another important manifestation of the donation concept in the DeSci field is SciHub. This concept is inspired by Sci-Hub, the world's largest free paper download platform. Sci-Hub faces legal challenges due to its open access philosophy, but it has received significant support within the academic and crypto communities. Inspired by this, the founders of the SciHub token have committed to donating a portion of the token revenue to Sci-Hub to support its operations. This donation model not only supports academic freedom but also represents a new form of charitable giving, showcasing the potential of decentralized technology in public welfare.
Summary
The rise of the DeSci track is not only a combination of science and technology but also a disruption of traditional research models. The attention and participation of leaders in the crypto industry, such as CZ and Vitalik Buterin, inject new vitality and confidence into the DeSci track. With the continuous development of decentralized technology, DeSci is expected to play a more important role in future scientific research. Whether it's the innovative experimental model of Pump Science or the donation philosophy of SciHub, both will reflect the enormous potential of decentralized technology in promoting scientific progress and social welfare. With an increasing number of projects emerging, the future of the DeSci field is filled with infinite possibilities.