Crypto Assets Market and the Rise of Decentralization Science

As of November 24, the discussion heat and prices of major Crypto Assets have shown an upward trend. Bitcoin's discussion count reached 19.39K last week, a month-on-month increase of 10.69%, with the price rising to $98,432, up 7%. Ethereum's discussion heat increased by 13.89%, with the price rising by 11.3% to $3,489. TON's discussion heat slightly increased by 3.44%, with a price increase of 11.5% to $5.52.

Recently, prominent figures in the Crypto Assets industry expressed their support for the Decentralization science ( DeSci ) project at a gathering, where one executive stated that they hope to see 1,000 DeSci projects next year, narrowing the gap between Web3 and the scientific community. This statement has sparked market interest in the DeSci concept, with related tokens such as RIF and URO skyrocketing in price by over 20 times in a short period.

DeSci: A New Model Merging Blockchain and Scientific Research

DeSci is an innovative research model that combines blockchain technology with the Web3 ecosystem. Its core idea is to achieve open access to research data globally through distributed storage technology, reducing the monopoly of a single institution over the data. This open model breaks the closed pattern of traditional research, providing a barrier-free resource sharing environment for researchers worldwide.

DeSci also utilizes smart contracts and Decentralization Autonomous Organization (DAO) to optimize the research funding mechanism, enhancing the transparency and efficiency of fund allocation. An industry expert believes that the DeSci field is currently at a stage similar to the early DeFi phase in 2019; although it is still in an experimental stage, its potential is immense.

The DeSci Concept Ignites the Meme Coin Market

Driven by the concept of DeSci, related Meme coins have experienced astonishing growth. The two tokens RIF and URO, originating from the Pump.science platform, represent the compounds Rifampicin and Ursolic Acid, respectively, and their market capitalization surged from an initial $150,000 to nearly $3 million, with an increase of up to 20 times.

The Pump.science platform allows users to purchase Meme tokens representing different drugs and participate in drug effect prediction and experimental data trading. This innovative model combines Meme coins with actual scientific research projects, generating significant interest in the market.

Potential Projects in the DeSci Field

1. Molecule: Established in 2021, it is an Ethereum research funding platform that provides financial support for cutting-edge research through the trading of intellectual property NFTs.

2. VITA: A decentralization organization focused on life sciences incubated by Molecule, emphasizing funding for early longevity research. Its token VITA has recently seen significant growth, with a market cap exceeding 80 million USD.

3. BIO Protocol: Completed multiple rounds of token sales, received strategic investment from a well-known trading platform, with a total fundraising amount of 33 million USD.

4. Data Lake: A blockchain-based medical data sharing platform that promotes anonymous patient data donations for scientific research through a token incentive mechanism.

5. Research Hub: Founded by the founder of a well-known Crypto Assets exchange, its native coin RSC is used to reward high-quality content creators on the platform, with a recent increase of nearly 200%.

Conclusion

DeSci is gradually becoming a new paradigm in the research field, not only optimizing the research process but also potentially leading transformations in scientific governance, intellectual property management, and research ethics. Through decentralized decision-making mechanisms and community-driven models, DeSci is expected to democratize research and enhance the authenticity and transparency of research data and outcomes.

With the support of Web3 technology and the emergence of more practical cases, DeSci is expected to break down barriers in the field of scientific research, promoting global scientific development towards a new era that is more open, efficient, and democratic. This is not only a complement to traditional research models but also represents a profound transformation in scientific culture.