As of November 24, the data statistics for BTC, ETH, and TON on the TrendX platform are as follows:

BTC had 19.39K discussions last week, an increase of 10.69% compared to the week before; last Sunday's price was 98,432 dollars, up 7% from the previous Sunday.

ETH had 4.7K discussions last week, an increase of 13.89% compared to the week before; last Sunday's price was 3,489 dollars, up 11.3% from the previous Sunday.

TON had 782 discussions last week, an increase of 3.44% compared to the week before; last Sunday's price was 5.52 dollars, up 11.5% from the previous Sunday.

Binance founder CZ and Ethereum founder Vitalik appeared together at a gathering for the decentralized science project Bio Protocol, expressing support for DeSci. CZ also stated that he hopes to see 1,000 DeSci projects by next year and aims to bridge the gap between Web3 and the scientific community. Related meme coins RIF and URO also saw increases of over 20 times within two days, as DeSci, as another hot new narrative, begins to attract market and capital attention.

What is DeSci?

DeSci is a scientific research model based on blockchain technology and the Web3 ecosystem. Its core idea is to enable global open access to research data through distributed storage technology, reducing the control of a single government or institution over data. This open model liberates science from traditional closed-door practices, allowing global researchers to share resources and data in an unobstructed environment. Additionally, DeSci optimizes research funding mechanisms through smart contracts and decentralized autonomous organizations (DAOs), ensuring that the allocation and use of funds are more transparent and reducing cumbersome processes in the middle. This new model not only changes the structure of research funding sources but fundamentally improves the efficiency of fund utilization.

Mechanism Capital partner Andrew Kang stated that the DeSci field now feels reminiscent of the early DeFi era in 2019. Everything is still very primitive and experimental, but a basic conclusion can be drawn: it has great potential. The potential of DeSci has already begun to show through practical cases.

20x increase of Desci Meme Gemini

The meme coin market has been heating up, particularly in the DeSci field, where the meme coins RIF and URO achieved remarkable growth in a very short time. They both originate from the Pump.science platform, symbolizing Rifamycin (RIF) and Urolithin (URO), two compounds.

Pump.science is a project launched by Molecule DAO at this year's Solana Breakpoint conference, funding medical research by issuing meme coins. It allows users to purchase meme tokens representing different drugs and participate in drug effect prediction and experimental data trading. When RIF and URO were first launched, their market cap was relatively stable at around 150,000 dollars, but recently their performance has been exceptionally outstanding, with the market cap soaring to nearly 3 million dollars, achieving a growth of up to 20 times.

The enthusiasm for the DeSci field has been reignited, closely related to the active promotion by crypto giants like CZ and Vitalik. Additionally, the expected relaxation of technology research regulations following Trump's election victory is one of the reasons why the concept of DeSci has started to gain popularity.

What potential projects are in the new narrative?

Molecule

Molecule was established in 2021 as a research funding platform based on Ethereum, dedicated to providing funding (mainly USDC) for cutting-edge research such as drug development through the trading of intellectual property NFTs. The platform is known for its initial projects, including Newcastle University's research on molecular aging and Copenhagen University's longevity project. Through the Molecule platform, researchers can not only obtain diversified funding from around the world but also ensure the independence and transparency of research through a distributed governance mechanism.

VITA

VitaDAO was established in 2021, the most orthodox DeSci project, which is a decentralized organization focused on life sciences incubated by Molecule, dedicated to funding early longevity research. It has attracted widespread attention, including from traditional pharmaceutical giant Pfizer, raising over 5 million dollars through community fundraising. After Vitalik showcased the first product VD 001 developed by VitaDAO to CZ in Bangkok, VITA entered a parabolic mode, with a maximum intraday increase of 82.4%, latest price at 3.12 dollars, and a market cap exceeding 80 million dollars, with an increase of nearly three times in the past week.

BIO Protocol

On August 9, BIO Protocol launched its first round of Bio Genesis token sales, with an average price of 0.025 dollars and a trading volume of 11.51 million dollars. The second round of token sales will take place on September 30, and the average price of BIO has already increased by 72%, reaching 0.043 dollars, with trading volume rising to 19.49 million dollars.

On November 8, Binance completed a strategic investment in BIO Protocol, with the round and amount undisclosed. Thanks to Binance's investment, the BIO Genesis community fundraising activity initiated by BIO Protocol quickly reached its funding limit, raising a total of 33 million dollars. By the time of the 2.5 round public auction on November 10, the price of BIO rose to 0.066 dollars, an increase of 264% from the first round. The auction rounds for BIO Protocol have now concluded.

Data Lake

Data Lake is a blockchain-based medical data-sharing platform that allows patients to anonymously donate data for scientific research and share research benefits with patients through a token incentive mechanism. This model protects privacy while accelerating the progress of data-intensive research, providing potential breakthroughs in the medical field.

Research Hub

Research Hub is a project founded by Coinbase's founder Brian Armstrong, which also has a partnership with BIO Protocol. RSC is the native token of the Research Hub platform, mainly used to reward users who publish quality content on the platform. Whenever users publish such content or receive likes, they will earn a certain amount of RSC tokens, and the number of RSC can represent the user's reputation on the Research Hub platform; the higher the reputation, the greater the power. In the past week, RSC has increased by nearly 200%, and its market cap has reached 60 million dollars again after six months.

Conclusion

In the future, the potential of DeSci is not limited to optimizing research processes, but could also lead a comprehensive transformation in scientific governance, intellectual property management, and research ethics. Through decentralized decision-making mechanisms and a community-driven model, DeSci is expected to achieve the democratization of scientific research, giving more people the opportunity to participate in scientific development. Meanwhile, with the support of blockchain technology, the authenticity and transparency of research data and results will be unprecedentedly enhanced, effectively combating academic fraud and further increasing public trust in science.

Overall, DeSci is gradually becoming a new paradigm for scientific research. It is not just a supplement to traditional research models, but a profound cultural transformation in science. Supported by Web3 technology, DeSci is expected to break down barriers in the research field and promote global scientific development. In the future, as more practical cases emerge and technology continues to improve, DeSci will lead the scientific community into a more open, efficient, and democratic new era.

Research Report

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