Will Desci Become the Hottest Sector Leading the Crypto Market in 25 Years?
The Origin and Rise of the Desci Concept Promoted by CZ and Vitalik!
The Initiator of the Desci Concept: The concept of DeSci (Decentralized Science) was proposed by Jason Fang, Managing Partner of Sora Ventures, in 2022.
What is DeSci?
It is a movement that utilizes Web3 technology to build public infrastructure for scientific research, aiming to promote fairness, transparency, and openness in scientific research through decentralization. DeSci involves integrating blockchain technology into scientific research, with the goal of fundamentally changing the traditional scientific ecosystem by enhancing transparency, decentralization, and collaboration.
The Rise of the Desci Concept In November 2024, the concept of DeSci was further promoted through discussions between Binance founder Zhao Changpeng and Ethereum founder Vitalik Buterin at a small meeting after the Bangkok summit. During this period, CZ expressed hope to see 1,000 such projects listed by 2025, gaining widespread attention in the cryptocurrency market. Currently, the DeSci market is still in its early stages, with speculative hype being its main driving factor.
Next, let's take a look at the hottest concept token in the Desci sector, BIO.
BIO is a decentralized science (DeSci) management and liquidity protocol.
In terms of staking returns, for the same staking amount, the yield from the FDUSD pool is higher than that from the BNB pool, as the BNB pool has more participants and total amount, resulting in relatively lower mining returns.
Binance's 63rd Launchpool is ongoing, where you can stake BNB or FDUSD to earn BIO for free.
The first round presale of the BIO token was $0.025, and the final round was $0.066. Currently, it is trading pre-market at $0.96, with an increase of more than twenty or thirty times. The market capitalization is $1.2 billion, and the current number of participants in Binance's staking airdrop is 1.73 million, widely regarded as a top project, and it will be listed on Binance exchange at 18:00 on the 2nd of next month.
BIO is deployed on the Ethereum chain, with an initial total supply of 3.32 billion tokens and no maximum supply. In the future, it may be decided through community voting whether to increase the supply. The mechanism for increasing the supply requires deploying a new token contract to replace the current BIO token.
Additionally, BIO also plans to airdrop BIO to URO and RIF token holders to enhance the visibility of the DeSci ecosystem.