BlockBeats News reports that DeSci (Decentralized Science) is predicted to see substantial growth in 2025 due to the emergence of utility meme coins. This shift towards meme coins with actual utility is attributed to the growing interest in using blockchain technology for scientific research purposes.
The idea behind DeSci is to increase transparency, decentralization, and collaboration within the traditional scientific ecosystem. While this concept isn’t entirely new, the industry has evolved significantly over time. Initially, most projects focused solely on research funding through Decentralized Autonomous Organizations (DAOs).
Examples of influential players in this space include VitaDAO, HairDAO, and AxonDAO. However, the industry has become more diverse and inclusive, with around 30 active projects currently underway, each offering unique use cases such as health data management and open-source research initiatives. Two standout projects, Rifampicin and Urolithin A, have already achieved impressive market values of $73 million and $59 million respectively.
These tokens were launched via Pump.Science – a platform known for launching successful meme coins – suggesting they may offer greater utility than traditional meme coins. As per MV Global’s analysis, Pump.Science is predicted to experience explosive growth next year, with at least ten projects anticipated to surpass the $100 million mark by the end of 2025.
Furthermore, other sectors within DeSci, such as health data management and collaborative open-source research, are also expected to witness substantial growth next year. Projects like Hippocrat (which enables individuals to control their health data) and ResearchCoin (aimed at building a ‘GitHub for scientific research’) are considered promising ventures and could potentially reach a market valuation of at least $200 million each by 2025.
Reported by m.theblockbeats.info