The Sei Foundation has announced the launch of Sapien Capital—Open Science Fund I, a $65 million initiative to support decentralized science startups on the Sei Network.
Investment Strategy and Fund Allocation
The fund will invest in both tokens and equity of DeSci projects, with investment amounts ranging from $100,000 to $2 million. The total $65 million will be allocated over the next three to four years. Sapien Capital will focus on key areas within DeSci, including wearable technology, user-owned data, and gamified drug discovery.
The Growth of DeSci and Its Challenges
Decentralized science is reshaping the landscape of scientific research by creating platforms where researchers can share data and access funding without centralized interference. Despite its innovations, the sector faces challenges such as slow adoption by the scientific community and regulatory concerns. The Sei Foundation plans to work with renowned academic institutions to build trust and encourage adoption.
The emergence of DeSci is attracting major players like YZi Labs and a16z, opening new avenues for scientific research and innovation.
