Key points
The DeSci concept did not emerge recently; Binance Labs announced its first investment in BIO Protocol, and CZ and Vitalik jointly attended Binance's Desci Day event, reigniting market interest in DeSci.
The DeSci track currently has a low market value and is also one of the key tracks of interest for top VCs. In addition to Binance Labs starting to layout in the medical health field, a16z has also begun to invest in the DeSci field.
DeSci track projects are still in the early exploratory stage, with focus areas including the BIO ecosystem and related Memes.
Recently, the DeSci track has started to gain popularity, with related Memecoin $RIF and $URO seeing daily increases of up to 200%, repeatedly igniting market sentiment. Binance has exclusively invested in the DeSci track protocol BIO Protocol, becoming a focal point of market attention. What exactly is the DeSci track that has been highlighted by CZ and Vitalik? Can this market sentiment continue?
Why DeSci suddenly gained popularity
DeSci (Decentralized Science) is an innovative concept that combines blockchain technology with scientific research, aiming to reshape the funding, collaboration, data sharing, and outcome publishing methods of current scientific research. The goal of DeSci is to create a more open, transparent, fair, and efficient scientific ecosystem.
In fact, the DeSci concept did not emerge recently; as early as March of this year, Binance interpreted the concept of DeSci. The sudden popularity of DeSci originated from two recent events: on November 8, Binance Labs announced its first investment in BIO Protocol, marking Binance Labs' first foray into the decentralized science (DeSci) field; on November 13, CZ and Vitalik jointly attended the Desci Day event held by Binance in Bangkok, leading to increased market attention towards DeSci.
Source: Desci Day event
Subsequently, the related Memecoin $RIF and $URO in the DeSci track saw daily increases of up to 200%, gaining more market attention. Can the DeSci track continue to develop? How far can biological Memes go? What potential projects in the DeSci track are worth our attention?
Projects worth attention in the DeSci track
According to Coingeck data, as of November 20, the total market value of the DeSci track is $1.2 billion. Compared to other popular AI projects, the DeSci track still has a certain growth space.
Source: Coingeck
The DeSci track is also one of the key tracks of interest for top VCs. In addition to Binance Labs starting to layout in the medical health field, a16z has also begun to invest in the DeSci field, with AminoChain being one of its projects in that area. AminoChain mainly connects data between healthcare companies to provide power for the modern processing of biological samples. On September 25, it just completed a $5 million seed round financing and has not yet undergone TGE.
Source: AminoChain
CZ personally is also very optimistic about this track, believing that DeSci has enormous potential. DeSci is expected to address the shortcomings of traditional research, and the free spirit of DeSci can also contribute to research explorations in human health and longevity.
However, DeSci-related projects are all in very early exploratory stages, and current attention can mainly be focused on the BIO ecosystem and related Memes.
1. BIO Protocol ecosystem
BIO Protocol aims to build a global research funding and collaboration platform using blockchain and DAO, hoping to leverage blockchain technology to address currently challenging issues such as rare diseases, longevity research, and emerging health.
1. $BIO (BIO Protocol)
On November 13, the auction round of BIO Protocol has ended, with the average auction price of the first round being $0.025, compared to the average auction price of $0.066 in the last round, an increase of 164%. Currently, the token $BIO has not yet been launched, but it is worth noting that many Chinese KOLs participated in the BIO auction rounds.
Source: BIO Protocol
2. BIO Protocol collaborative DAO projects
The network of BIO Protocol currently has nearly ten BIO DAOs, which operate on the Ethereum network, planning to split Solana and other chains in the first quarter of 2025. These DAOs cover multiple directions including women's health and mental health. The main representative projects of these collaborative DAOs are as follows:
Source: BIO Protocol
$VITA (VitaDAO): VitaDAO is currently the most famous among the seven DAOs, with many members of BIO coming from VitaDAO. VitaDAO is a group focused on funding early longevity research, and its first longevity product, VD001, is a natural high-dose spermidine supplement approved by the Thai FDA. During the Desci Day event in Bangkok on November 13, V God showcased VD001 to CZ, and subsequently, $VITA saw an increase of 82.4% that day, with the current price of $VITA at $5.23.
$RSC (ResearchHub): ResearchHub is a platform founded by the Coinbase founder to reward users who publish quality content on the platform. RSC is the native token of the ResearchHub platform.
$HAIR (HairDAO): Dedicated to solving hair health issues, developing proprietary products, and promoting the application of related patents, such as its community-supported product 'Follicool'.
$ATH (AthenaDAO): AthenaDAO focuses on the R&D field of women's health, such as reproductive health and the treatment of female-specific diseases. By supporting interdisciplinary research, it promotes innovation and technology transfer in women's medicine, helping to fill funding gaps in traditional research.
$CRYO (CryoDAO): CryoDAO focuses on research in cryopreservation technology, collaborating with institutions like Oxford University to promote the application of low-temperature technology in biomedicine.
$GROW (ValleyDAO): A decentralized community governance platform focusing on anti-aging drugs and longevity projects.
$PSY (PsyDAO): PsyDAO supports research on psychedelics in the treatment of mental illnesses, such as PTSD and depression. It promotes the construction of platforms for trials and data sharing of psychedelic substances.
According to the allocation of BIO treasury, the largest DAO allocation fund is VitaDAO, accounting for 51.2%.
Source: BIO Protocol
2. Major MemeCoin
To understand the related Memes of the DeSci track, one must first understand the Pump.Science platform.
Pump.Science is a new Meme launch platform launched by the Solana ecosystem's DeSci platform Molecule DAO. Unlike other pumps, the Meme tokens issued by Pump.Science must be related to the scientific field. When the token's market value reaches $10,000, medical research organizations will begin using the drugs in experiments and regularly publish the trial results on the platform, allowing players to predict the drug's effects and continue buying and selling Meme tokens based on the experimental results.
Pump.Science has mainly issued two Meme tokens, $RIF and $URO. In addition, related Memes include donation concepts and quantum entanglement concepts. However, Meme tokens are subject to market sentiment and exhibit significant volatility. As of the time of writing, most related Meme tokens have begun to decline, with the main Meme details as follows:
1. Pump.Science concept
$RIF (Rifampicin), Rifampicin is a leading antibiotic concept, mainly exploring the treatment of tuberculosis infections, currently the leading Meme coin.
$URO (Urolithin A), Urolithin A is a natural metabolite found in pomegranates and other nuts, mainly exploring the direction of lifespan extension.
2. Donation concept
$Scihub primarily revolves around the world's largest free paper download center Sci-hub, which faces legal issues due to its open-source nature and relies solely on donations for maintenance, mainly exploring directions related to research copyright.
3. Quantum entanglement concept
The concept of quantum entanglement mainly involves two tokens, $PRO and $ANTI. The two tokens are independent on-chain, but custom contracts can 'entangle' their token economics. The innovation of this economic model lies in: theoretically, 1 ANTi should equal 1 PRO. If the price of one token rises, the other will fluctuate accordingly; when there is a price difference between the two tokens, holders can realize arbitrage through exchange operations, pushing the price back to balance; this mechanism encourages more trading and interaction, enhancing market activity.
Outlook for DeSci
The development of the DeSci field undoubtedly injects new hope for humanity in longevity and biological sciences. The combination of DeSci and cryptocurrency is expected to improve the inefficiencies of traditional research, and the free concept of DeSci has ignited new hope among many researchers.
However, it is worth noting that research in the life sciences requires a long development cycle. Most DeSci projects are still in a very early exploratory stage, and the impact of cryptocurrency on the research system needs further verification.
This is all the text content in the document. If you need further assistance, please let me know.
