CoinVoice has recently learned that recently, Binance founder Zhao Changpeng said on social media X that he is reading articles related to biotechnology and considering how to use encryption technology to accelerate the flow of research funds. Industry insiders believe that if Zhao Changpeng, who has sufficient time and resources, enters the DeSci field, it will bring new development opportunities to the track. At present, encryption leaders such as Vitalik Buterin and Coinbase founder Brian Armstrong have also expressed strong interest in this field.
Overall, the development of the DeSci track is still in its early stages. According to RootData data, the DeSci track completed $11.2 million in financing in 2024 (as of November), a year-on-year decrease of 18.1%. Several financings in this track this year include: DeSci financial layer protocol BIO Protocol completed a public offering round of financing of $6.2 million on August 21, and received a strategic investment from Binance Labs on November 8, which was Binance Labs' first investment in the DeSci track; on September 25, a16z led the $5 million seed round of AminoChain. In addition, Pfizer Pharmaceuticals participated in VitaDAO in January 2023.
In terms of financing scale, the decentralized biotechnology protocol Molecule has received a total of US$13.7 million through three rounds of financing, with investors including Shine Capital, Northpond Ventures, Sora Ventures and more than 50 other institutions. So far, the DeSci track project has raised a total of more than US$60 million.
Data shows that the market value of DeSci project tokens is clearly stratified, with ResearchHub (RSC) leading with $496 million in FDV, and HairDAO and VitaDAO ranking second and third with $105 million and $86.83 million respectively. The second echelon is represented by ValleyDAO, GenomeFi and Data Lake, with FDV ranging from $15 million to $30 million, but the market value gap is still large compared to the top projects. In September, the Solana ecological project Pump.science introduced the meme mechanism for drug research prediction, while the Arweave hyperparallel computer AO provided new solutions for scientific research data storage. These innovative attempts may promote the development of the DeSci track. [Original link]