In 2024, crypto exchanges were flooded with tokens named after scientific disciplines and diseases. However, blockchain-driven scientific reforms are changing research and funding paradigms.
Ideas Meet Money
In November 2024, a meeting in Bangkok brought together major crypto-industry figures and decentralized science (DeSci) enthusiasts. Changpeng Zhao, Vitalik Buterin, and Arthur Hayes discussed the future of science funding through blockchain and DeSci's development prospects. The shared ideas led to a surge in interest and value in this segment.
DeSci-DAOs Are Being Sent To The Moon
Many biotech DAOs help bring groundbreaking ideas to life by supporting small projects. Scientific developments can now be funded via DAOs, with tokens awarded for intellectual property. One leading project, MoonDAO, aims to accelerate Moon colonization efforts.
Pump Science and The First Digital Organism
DeSci leverages Web3 for research, providing solutions for conducting trials and verifying scientific work. The Pump Science project allows researchers to issue tokens representing chemical compounds being tested in real-time. Complex digital organisms, such as the autonomous digital worm Deep Worm, are already being created in DeSci.
DeSci promotes transparency and openness in research, overcoming traditional institutions' shortcomings. Analysts predict significant segment growth, with projects' capitalization increasing and active new initiatives launching in 2025.
