Decentralized Science (DeSci) uses blockchain to democratize research funding and dissemination, bypassing traditional gatekeepers. By employing DAOs, tokens, and smart contracts, DeSci enables direct peer-to-peer funding, open access to data, and community-driven decision-making, aiming for a more equitable science ecosystem.

DeSci promotes data openness by storing scientific data on decentralized networks, enhancing reproducibility and collaboration. Blockchain ensures data provenance, and tokenomics incentivizes contributions, potentially speeding up scientific progress by making data more accessible and rewarding contributors.

DeSci challenges traditional peer review with decentralized systems where community governance via tokens influences research validation and directions. This approach could make science more inclusive and aligned with broader societal interests, although still in early stages, suggesting a transformative potential for science.

Here is the detail of some major projects that has started now

  1. VitaDAO ($VITA): Focused on funding and advancing longevity research, VitaDAO operates as a decentralized autonomous organization (DAO) where token holders can vote on research projects. It's noted for its community-driven approach to scientific discovery.

  2. OriginTrail ($TRAC): Known as a decentralized knowledge graph, OriginTrail is used for applications like supply chain tracing and data verification. It's gaining traction for its utility in various sectors including science.

  3. Hippocrat ($HPO): This project aims to create a decentralized patient network, focusing on patient data management and community engagement for health-related information sharing and support.

  4. PumpDotScience ($RIF, $URO): They are involved in experimental projects, particularly in drug development and anti-aging research, leveraging the power of memecoins within the DeSci framework.

  5. Data Lake ($LAKE): This project is designed to facilitate access to scientific data, promoting open science by making data more accessible for research purposes.

  6. GenomesDAO ($GENOME): Dedicated to advancing genomics research through a decentralized model, allowing for community governance in deciding research directions.

  7. AxonDAO ($AXGT): A US-based project with partnerships like Nvidia, focusing on leveraging AI and blockchain for healthcare solutions, particularly noted for its CureRing initiative.

  8. Welshare Health ($WEL): Recently launched, it's gaining attention for its collaborations, such as with Abbott, and its beta testing phase for a health app.

  9. PoSciDonDAO ($SCI): A new entrant in the DeSci space, focusing on ocean conservation and research, bringing decentralized funding to environmental science.

  10. BIO Protocol: Described as a "Y Combinator" for on-chain science, it enables community funding for biotechnological advancements through BioDAOs.

These projects are recognized for their potential impact, community engagement, and innovative approaches to integrating blockchain technology with scientific research. Remember, the cryptocurrency and blockchain space is highly volatile, and while these projects show promise, they also carry risks associated with investment in emerging technologies. Always conduct your own research before making any investment decisions.

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