DECIPHERING DeSci: THE FUTURE OF SCIENCE, OR JUST A NEW MEME CRAZE? 🤔
Are you caught in the whirlwind of meme tokens and the buzzing narrative of DeSci? You’re not alone! With big names like CZ and Vitalik attending DeSci Entrepreneurs Gatherings, and Binance Labs’ first DeSci investment in BIO Protocol, the sector is heating up. Let’s break it down:
1/ What is DeSci? 🔬
DeSci, short for decentralized science, is a revolutionary approach to scientific research that leverages blockchain tech. It challenges TradSci (traditional science) norms, aiming to democratize research and funding.
Longevity is often tied to the DeSci narrative, with projects focusing on extending human life.It gained traction last December when CZ mentioned it, and Coinbase's founder launched ResearchHub, a decentralized scientific publishing platform.
2/ What is Pump Science? 🚀
Pump.Science is a meme token launch platform by Molecule DAO on Solana. Think of it as a mix of science and speculation:
Tokens represent experimental drugs.If a token’s market cap hits $10,000, real-life trials are conducted.Players trade tokens based on the published results, essentially turning medical research into a prediction market.
Example Tokens:
$RIF: Represents Rifampicin (antibiotic); market cap: $87.9M.$URO: Linked to Urolithin A (longevity compound); market cap: $30.7M.
3/ Key DeSci Tokens and Ecosystems 🔑
Donation-Based:
$Scihub: Inspired by the open-access paper hub. A top holder plans to donate 20% of the tokens to SciHub to support its mission.
BIO Protocol Ecosystem:
Projects include decentralized DAOs covering health and longevity:
$VITA (VitaDAO): Funds early-stage longevity research.$ATH (AthenaDAO): Focuses on women’s reproductive health.$RSC (ResearchHub): Rewards for high-quality research contributions.
DeSci is emerging as a blend of science, blockchain, and speculation, making it a unique narrative in the crypto space. While hot money chases the trend, many of us are left pondering: is this the future of research or just another fleeting pump narrative?