As of November 24, the data statistics for BTC, ETH, and TON on the TrendX platform are as follows:
The discussion frequency for BTC last week was 19.39K, an increase of 10.69% compared to the week before; last Sunday, the price was $98,432, which is a 7% increase compared to the Sunday before.
The discussion frequency for ETH last week was 4.7K, an increase of 13.89% compared to the week before; last Sunday, the price was $3,489, which is an 11.3% increase compared to the Sunday before.
The discussion frequency for TON last week was 782, an increase of 3.44% compared to the week before; last Sunday, the price was $5.52, which is an 11.5% increase compared to the Sunday before.
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 next year, aiming to bridge the gap between Web3 and the scientific community. The related meme tokens RIF and URO also surged over 20 times in two days, as Desci begins to attract market and capital attention as another hot new narrative.
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 the data. This open model liberates science from traditional closed-door practices, allowing global researchers to share resources and data in an unobstructed environment. Moreover, DeSci also 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 operations in the middle. This new model not only changes the structure of research funding sources but fundamentally improves the efficiency of fund utilization.
Andrew Kang, a partner at Mechanism Capital, stated that the DeSci field now feels like the DeFi era of early 2019. Everything is still very primitive and experimental, but a basic conclusion can be drawn: it has huge potential. The potential of Desci has already begun to emerge through practical cases.
20x increase of Desci Meme Gemini
The meme coin market has been surging, especially in the Desci field, where the meme tokens RIF and URO have achieved astonishing growth in a very short time. They both originate from the Pump.science platform, symbolizing Rifampicin (RIF) and Urolithin (URO), respectively.
Pump.science is a project launched by Molecule DAO at this year's Solana Breakpoint conference, which funds medical research through the issuance of meme tokens. It allows users to purchase meme tokens representing different drugs and participate in drug effect predictions and experimental data trading. RIF and URO were relatively stable when they first launched, maintaining around $150,000 in market cap, but recently their performance has been outstanding, with the market cap soaring to nearly $3 million, achieving a 20-fold increase.
The enthusiasm in the Desci field has been reignited, closely related to the active promotion by crypto leaders like CZ and Vitalik. Furthermore, the relaxation of restrictions on scientific research after Trump won the US election is foreseeable, which is one of the reasons why the concept of Desci has started to gain popularity at this moment.
What potential projects are there in the new narrative?
Molecule
Molecule was established in 2021 as a research funding platform based on Ethereum, dedicated to providing funding (mainly in 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 the University of Copenhagen's longevity project. Through the Molecule platform, researchers can obtain diversified funding from around the world and ensure the independence and transparency of research through a distributed governance mechanism.
VITA
VitaDAO was established in 2021 and is the most orthodox DeSci project. It is a decentralized organization focused on life sciences, incubated by Molecule, and dedicated to funding early longevity research. It has attracted widespread attention, including from traditional pharmaceutical giant Pfizer, through community fundraising, raising over $5 million. After Vitalik showcased VitaDAO's first product, VD 001, to CZ in Bangkok, VITA entered a skyrocketing mode, with a daily high increase of 82.4%, the latest price being $3.12, a market cap exceeding $80 million, and nearly tripling in the past week.
BIO Protocol
On August 9, the BIO Protocol launched the first round of Bio Genesis token sales, with an average price of $0.025 and a trading volume of $11.51 million. The second round of token sales will take place on September 30, with the average price of BIO already having increased by 72% to $0.043, and the trading volume rising to $19.49 million.
On November 8, Binance completed strategic financing for BIO Protocol, with neither the round nor the amount disclosed. Thanks to Binance's investment, the BIO Genesis community fundraising initiative launched by BIO Protocol quickly reached its funding limit, raising a total of $33 million. By the time of the second round public auction on November 10, the price of BIO rose to $0.066, an increase of 264% from the first round. Currently, the auction rounds for BIO Protocol have ended.
Data Lake
Data Lake is a blockchain-based medical data sharing platform that allows patients to anonymously donate data for scientific research and shares research benefits with patients through a token incentive mechanism. This model protects privacy while accelerating data-intensive research processes, providing possibilities for breakthroughs in the medical field.
Research Hub
Research Hub is a project founded by Coinbase's founder Brian Armstrong, and it collaborates with the BIO protocol. RSC is the native token of the Research Hub platform, primarily used to reward users for posting quality content on the platform. Whenever users post such content or receive likes, they earn a certain amount of RSC tokens, and the number of RSC tokens 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 surged nearly 200%, and its market cap has reached $60 million again after six months.
Conclusion
In the future, the potential of DeSci is not only limited to optimizing the research process but may also lead a comprehensive transformation in scientific governance, intellectual property management, and research ethics. With a decentralized decision-making mechanism and community-driven model, DeSci is expected to democratize scientific research, providing more opportunities for people to participate in scientific development. Additionally, with the support of blockchain technology, the authenticity and transparency of research data and results will see unprecedented enhancement, which can effectively combat academic fraud and further increase public trust in science.
Overall, DeSci is gradually becoming a new research paradigm. 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, with the emergence of more practical cases and continuous technological improvements, DeSci will lead the scientific community into a more open, efficient, and democratic new era.
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