Title: Decentralized Science (DeSci) Set for Remarkable Growth in 2025, Fueled by Memecoins
Introduction: In 2025, Decentralized Science (DeSci), which combines blockchain technology with scientific research, is predicted to experience rapid growth. According to a recent report by MV Global, this development will be driven by utility memecoins. DeSci aims to transform the conventional scientific ecosystem by promoting transparency, decentralization, and collaboration.
Background & Evolution of DeSci: Initially, most DeSci projects focused on funding research through Decentralized Autonomous Organizations (DAOs), such as VitaDAO, HairDAO, and AxonDAO. However, the sector has expanded over time to encompass a wide range of applications beyond research funding. Today, there are about 30 active projects, each with unique use cases, including managing health data and supporting open-source research initiatives. This diversification signifies the increasing maturity and adaptability of the DeSci ecosystem.
Memecoins & Pump.Science Platform: In 2024, a trend emerged where DeSci-specific memecoins were created. Although many of these tokens have had limited success, Rifampicin and Urolithin A have gained substantial traction, reaching market capitalizations of around $73 million and $59 million, respectively. These tokens are issued through the Pump.Science platform and offer more practical benefits than typical memecoins. They represent specific compounds or interventions tested on organisms like worms, flies, and mice. Their functions include financing research, providing real-time experiment updates, facilitating trade based on research results, and allowing holders to sell rights to successful interventions – connecting token ownership with real-world scientific advancements. MV Global anticipates significant expansion for Pump.Science in 2025, with at least ten projects exceeding $100 million in market capitalization by year-end.
Future Prospects: Besides memecoins, MV Global expects substantial growth in health data management and collaborative open-source research in 2025. Projects like Hippocrat and ResearchCoin are viewed as promising investments and are projected to achieve a market valuation of at least $200 million by the end of 2025. Overall, MV Global foresees a considerable increase in DeSci projects, with around 50 expected to be listed by the end of 2025 – reflecting positive market sentiment and increased liquidity within the sector.
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Source: cryptoslate.com