The combination of Web3 and science sparks a new track, DeSci becomes a hot new narrative

According to the latest data statistics, as of November 24, the discussion heat and prices of multiple cryptocurrency assets are on the rise. The discussion frequency of Bitcoin reached 19.39K last week, an increase of 10.69% month-on-month, with the price rising to $98,432, an increase of 7%. The discussion heat of Ethereum rose by 13.89% to 4.7K, with the price rising to $3,489, an increase of 11.3%. The discussion frequency of TON grew by 3.44% to 782 times, with the price rising by 11.5% to $5.52.

Recently, several leaders in the blockchain industry appeared at the decentralized science project Bio Protocol's event, expressing their support for DeSci( decentralized science). Industry insiders hope to see 1000 DeSci projects launched next year, narrowing the gap between Web3 and the scientific community. Meanwhile, the related concept tokens RIF and URO have seen an increase of over 20 times in the short term, with DeSci emerging as a hot new track that is beginning to attract market and capital attention.

The Core Concept of DeSci

DeSci is an innovative research model based on blockchain and the Web3 ecosystem. It enables global open access to research data through distributed storage technology, reducing the monopoly of a single institution over data. This open model breaks the closed nature of traditional research, creating a barrier-free resource-sharing environment for researchers worldwide. At the same time, DeSci utilizes smart contracts and DAOs to optimize research funding mechanisms, improving the transparency and efficiency of fund allocation, fundamentally changing the structure of research funding sources.

Industry experts believe that the current development stage of the DeSci field is similar to the DeFi era in early 2019. Although it is still in the experimental stage, its potential is enormous. The advantages of DeSci have already begun to emerge through some preliminary practical cases.

DeSci Concept Tokens Surge

Against the backdrop of the ongoing popularity of Meme coins in the market, the two tokens RIF and URO in the DeSci field have performed particularly well. These two tokens, originating from the Pump.science platform, respectively represent Rifampicin and Urolithin. Pump.science is a platform that raises funds for medical research by issuing Meme coins, allowing users to purchase tokens representing different drugs and participate in drug effect predictions.

At the beginning of their launch, RIF and URO maintained a market value of around $150,000, but recently they have performed exceptionally well, with the market value once soaring to nearly $3 million, achieving a growth of about 20 times. This wave of increase is closely related to the active promotion by industry leaders and also reflects the market's expectations for a possible easing of technology research and development policies.

Potential Projects in the DeSci Track

Molecule

Founded in 2021, Molecule is a research funding platform based on Ethereum. It provides funding support for cutting-edge research through the trading of intellectual property NFTs, covering research projects in fields such as molecular aging and longevity. Molecule not only offers researchers a global and diverse funding source but also ensures the independence and transparency of research through distributed governance.

VITA

VitaDAO was established in 2021 as a decentralized organization focused on life sciences, incubated by Molecule. It primarily funds early longevity research and has attracted widespread attention, including from major pharmaceutical companies, raising over $5 million through community fundraising. Recently, the price of the VITA token surged significantly, with a daily peak increase of 82.4%, the latest price being $3.12, and a market capitalization exceeding $80 million, with an increase of nearly three times within a week.

BIO Protocol

BIO Protocol began its token sale in August this year, with an average price of $0.025 in the first round and a trading volume of $11.51 million. By the second round of sales, the price had increased by 72% to $0.043, with the trading volume rising to $19.49 million. In early November, after a major trading platform completed a strategic investment in BIO Protocol, the community fundraising campaign it initiated quickly reached the $33 million cap. In the latest public auction, the price of BIO rose to $0.066, a 264% increase from the first round.

Data Lake

Data Lake is a blockchain-based medical data sharing platform. It allows patients to anonymously donate data for scientific research and shares research benefits with patients through a token incentive mechanism. This model not only protects privacy but also accelerates data-intensive research processes, providing new possibilities for breakthroughs in the medical field.

Research Hub

Research Hub is a project initiated by the founder of a well-known cryptocurrency trading platform, in collaboration with the BIO protocol. Its native token RSC is used to reward users who publish high-quality content on the platform, representing the users' reputation and power on the platform. In the past week, RSC has surged nearly 200%, and its market capitalization has reached 60 million USD again after half a year.

Future Outlook

The potential of DeSci is not limited to optimizing scientific processes; it may also lead to comprehensive changes in scientific governance, intellectual property management, and research ethics. It is expected to realize the democratization of scientific research through decentralized decision-making and community-driven models, allowing more people to participate in scientific development. The application of blockchain technology will significantly enhance the authenticity and transparency of research data and results, effectively combating academic fraud and increasing public trust in science.

Overall, DeSci is becoming a new paradigm for scientific research, not only complementing traditional models but also representing a profound transformation in scientific culture. Supported by Web3 technology, DeSci is expected to break down barriers in the field of research and promote global scientific development. As more practical cases emerge and technology continues to improve, DeSci will lead the scientific community into a new era that is more open, efficient, and democratic.