Those DeSci projects are applying NFT in changing the ways scientific financing and research cooperation are conducted.
These initiatives are as varied as the missions in the lifetime extension, to the extra-terrestrial, and beyond.
By using blockchain technology, the transparency of the scientific process is being improved and the inclusion is enhanced.
Decentralized science (DeSci) projects have emerged in popularity in 2024, with multiple attempts to build on the blockchain and NFT concepts to revolutionize science and funding. This piece takes us through five extraordinary DeSci projects that are quickly becoming prominent in the crypto and scientific worlds.
VitaDAO: Pioneering Longevity Research
VitaDAO is at the cutting edge of extending human lifespans, with its use of a decentralized autonomous organization (DAO) to underwrite and drive anti-aging research. Thanks to this efficient model, token holders can vote on the distribution of funds for research themselves. As for the subject matter, VitaDAO holds NFTs that indicate investors’ shares in potential longevity solutions, which makes science combined with owning tokens.
AntidoteDAO: Reshaping Drug Discovery
AntidoteDAO is an organization that aims to provide access to drug discovery for anyone through the adoption of blockchain solutions. AntidoteDAO provides a decentralized way to share data and pharmaceutical development by creating tokens for research findings and ideas. Their NFTs act as funding vehicles and incentives for contributions and may transform society’s means of discovering new drugs and delivering them to the world.
SCINet: Decentralized Peer Review
SCINet is wholly tailored to address the challenges in the traditional scientific peer review processes. In this platform, smart contracts as well as non-fungible tokens are used to improve the academic publication process. Reviewers receive tokens for their reviews and NFTs for valuable feedback that are designed to bring quality reviews and minimize biases in published works.
Galeon: Tokenizing Space Exploration
Indeed, Galeon takes DeSci to new heights by expanding its content niche towards space science and exploration. Their NFTs therefore are the digital tokenized titles for fractional ownership of space industry projects, from satellite launch to resource mining in space. Its new approach enables individuals to fund and stand to gain from new developments in space innovation and research.
AthenaDAO: Empowering Women in STEM
Through its funding of women-led scientific research, AthenaDAO’s mission is to diversify STEM labor markets. Their NFT collections promote and support works by female scientists, thus making their market gender-inclusive for scientific innovations. AthenaDAO’s method also helps individual scholars but is also trying to solve the problem of funding and recognition inequality in science at the systemic level.
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