#币安LaunchpoolBIO Binance has launched a new round of launchpool. This time, BIO is a decentralized science (DeSci) management and liquidity protocol.
1. Definition of decentralized science (DeSci): Aims to utilize blockchain and decentralized technologies to reconstruct scientific research, data sharing, and knowledge dissemination. It addresses issues in traditional scientific research, such as uneven funding distribution, difficulties in data sharing, and low review transparency, through Web3 technologies like smart contracts, NFTs, and DAOs.
2. Main characteristics and advantages of DeSci:
1. Fair funding distribution: By changing the traditional monopoly of research funding held by academic gatekeepers through mechanisms like secondary donations and decentralized autonomous organizations (DAOs).
2. Free data sharing and collaboration: Utilizing blockchain-based research databases, the DeSci platform helps scientists securely and transparently share research data and resources, ensuring data ownership. It breaks the monopoly and excessive profits of traditional scientific journal publishers.
3. Transparent peer review: A blockchain-based reputation mechanism can enhance the credibility and reliability of scientific publications, creating immutable records and improving the transparency and credibility of academic exchanges.
3. Current application scenarios and cases of DeSci:
1. Research funding: For example, BIO Protocol utilizes a DAO (decentralized autonomous organization) format, allowing researchers and funders to decide research directions and funding allocations through on-chain voting. Through smart contracts, BIO Protocol ensures the transparency and traceability of fund usage, thereby increasing the liquidity and efficiency of research funding.
For example, VitaDAO: Currently secured $5 million in funding, dedicated to longevity research, supported by Pfizer and Balaji Srinivasan. Collaborating with Newcastle University.
2. Scientific publishing: For example, Pump.Science, researchers can publish papers, datasets, algorithm codes, etc., on Pump.Science, and these results will be permanently stored on the blockchain, ensuring their authenticity and immutability. Researchers earn token rewards through sharing data and knowledge.
3. Intellectual property.
4. Data storage and access fields. For example, Filecoin provides researchers with a data storage and access platform while ensuring data security. Researchers can also trade storage space in the market.