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DeSci Sparks a Trend: RIF and URO Big Pump 20 Times Leading a New Paradigm in Research
The Intersection of Web3 and Science: DeSci Leading a New Paradigm in Research
As of November 24, several major cryptocurrencies have shown a positive growth trend. Bitcoin's discussion heat increased by 10.69%, reaching a price of $98,432, with a growth rate of 7%. Ethereum's discussion volume grew by 13.89%, with the price rising to $3,489, an increase of 11.3%. TON's discussion volume slightly increased by 3.44%, with the price rising to $5.52, a growth rate of 11.5%.
Recently, two heavyweight figures in the cryptocurrency world expressed their support for DeSci at a gathering for decentralized science projects. One of them stated a desire to see 1,000 DeSci projects next year, aiming to bridge the gap between Web3 and the scientific community. This movement has sparked a market frenzy for the DeSci concept, with related tokens RIF and URO surging over 20 times in just two days. DeSci, as an emerging narrative, is beginning to attract the attention of the market and capital.
DeSci: The Web3 Revolution in Scientific Research
DeSci is an innovative research model that integrates blockchain technology and the Web3 ecosystem. Its core lies in utilizing distributed storage technology to enable global open access to research data, reducing the monopoly of single institutions over data. This open model breaks down the barriers of traditional research, providing a barrier-free resource-sharing environment for researchers worldwide. At the same time, DeSci optimizes the research funding mechanism through smart contracts and DAOs, enhancing the transparency and efficiency of fund allocation.
Industry experts point out that the current state of the DeSci field is reminiscent of the early days of DeFi in 2019. Although it is still in its infancy, its potential has already begun to be demonstrated through real-world cases.
The Amazing Performance of DeSci Tokens
In the DeSci field, the two tokens RIF and URO have recently performed outstandingly. They both originate from a scientific platform and represent the compounds Rifampicin and Urolithin, respectively. This platform raises funds for medical research by issuing tokens, allowing users to participate in drug effect predictions and experimental data trading. The market value of these two tokens has surged from an initial approximately $150,000 to nearly $3 million, an increase of nearly 20 times.
The enthusiasm for the DeSci field has been reignited, closely related to the active promotion by industry leaders. In addition, changes in the political environment in the United States may also bring more lenient policies for technological research and development, which is one of the reasons why the DeSci concept is popular at this time.
Potential Projects in the DeSci Field
Molecule: An Ethereum research funding platform established in 2021 that provides financial support for cutting-edge research through IP NFT trading.
VITA: VitaDAO is a decentralized organization focused on life sciences, incubated by Molecule, dedicated to funding early longevity research.
BIO Protocol: Raised funds through multiple rounds of token sales and secured strategic investment from a well-known exchange.
Data Lake: A blockchain-based medical data sharing platform that accelerates data-intensive research while protecting patient privacy.
Research Hub: Founded by the founder of a well-known exchange, it rewards quality content creators on the platform through RSC tokens.
Outlook
The potential of DeSci is not limited to optimizing the research process; it may also lead to transformations in scientific governance, intellectual property management, and research ethics. Through decentralized decision-making and community-driven models, DeSci is expected to achieve the democratization of research, enhancing the authenticity and transparency of research data and outcomes.
Overall, DeSci is becoming a new research paradigm that not only complements traditional research models but also represents a profound cultural revolution in science. Supported by Web3 technology, DeSci is expected to break down barriers in the research field, promote global scientific development, and lead the scientific community into a new era that is more open, efficient, and democratic.