How much longer can the wind blow? A review of the popular tokens in the DeSci track.

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4 hours ago

In blockchain, we also need to study biology. Which hundredfold coins are there this week?

Written by: shaofaye123, Foresight News

From zoos to artists to AI, the wind of speculation has now reached DeSci. As an unproven track, tokens have taken off first. What exactly is DeSci, and which novel angle tokens are worth paying attention to?

What is DeSci?

DeSci stands for Decentralized Science. According to the Ethereum Foundation's definition, "DeSci is a movement to build fair public infrastructure in the field of scientific research using the Web3 stack to fund, create, review, validate, store, and disseminate scientific knowledge."

The goal of DeSci is to leverage the advantages of blockchain technology to address challenges in traditional scientific research, such as difficulties in fundraising, insufficient data sharing, and low research transparency, thereby accelerating scientific discovery and innovation. Current projects mainly focus on solving funding issues, with most centered on the biotechnology field. According to Messari Research's categorization of the DeSci track, it is primarily classified into several categories: funding, research, data, peer review, publishing, infrastructure and services, art, scientific open ecology, and community.

The explosive popularity of DeSci in the Memecoin space can be traced back to last December when the DeSci narrative gained attention due to mentions by CZ and the founding of ResearchHub by Coinbase's founder. Recently, Vitalik Buterin has brought it up again, Binance invested in BIO, and on-chain sentiment is high, leading to a series of rapid developments in DeSci.

Token Overview

RIF

RIF comes from the Pump.science platform and represents the compound Rifamycin (RIF). Pump Science is a meme launch platform launched by the Solana ecosystem's DeSci platform Molecule DAO, which can be understood as a token-based lifespan extension experimental prediction game. Currently, the platform only has two tokens: RIF and URO.

RIF is traditionally known as Rifampicin, belonging to the Rifamycin class of antibiotics. It is primarily used to treat various types of infections caused by multiple bacteria. It treats infections by inhibiting bacterial RNA synthesis and is one of the main drugs for treating tuberculosis, usually used in combination with other anti-tuberculosis drugs. However, Rifampicin has little effect on non-bacterial issues (such as aging or mitochondrial dysfunction). In previous trials, the antibiotic RIF extended the lifespan of worms by 32.87%.

Current market cap: 181.6 M, with over 20,000 holding addresses.

URO

URO also comes from the Pump.science platform and represents the compound Urolithin. In the previous trial, it extended lifespan by 6.35%. Its potential effects include promoting autophagy and improving mitochondrial function, which are important for cellular health and anti-aging. By enhancing cellular repair and clearing damaged cellular components, Urolithin A may positively impact the long-term survival of cells. Under laboratory conditions, if the aging or cellular damage of an organism can be repaired through this mechanism, it theoretically has the potential to extend the lifespan of that organism, which is significant for delaying aging or improving health status.

Current market cap: 63 M, with over 10,000 holding addresses.

SCIHUB

SCI-HUB belongs to the concept of scientific donation. SCI-HUB is a platform that allows free querying and downloading of papers. It is currently controversial; supporters argue that it provides scholars and students worldwide with free access to papers, breaking the monopoly of scientific publishers and representing decentralized science. Critics, however, claim that SCI-HUB is a piracy site that uses various methods to bypass publishers' paywalls, providing millions of academic papers and works without regard for copyright issues, raising concerns about piracy compliance.

This token is not officially issued; the top holder 0xAA purchased 22% of SCI-HUB tokens. It has been announced that 20% will be donated to the SCI-HUB Foundation, leading to a surge. It peaked at 70 M, with a current market cap of 52 M.

VITA

VITA belongs to DeSci DAO, focusing primarily on longevity research and funding, having raised over 5 million dollars. Its main area is concentrated in Europe, supported by Molecule. It establishes a portfolio of intellectual property and data assets, which are publicized and tokenized through data markets or traditional biopharmaceutical licensing and commercialization processes. The goal of VitaDAO is to: rapidly shorten the lifecycle of funding decisions; attract world-leading researchers by promoting open science principles; and democratize ownership.

Current market cap: 153 M, deployed on Ethereum.

RSC

RSC is the native token of the ResearchHub platform, founded by Coinbase's founder Brian Armstrong. It is primarily used to incentivize users to publish high-quality content (new papers, reviews, peer reviews, and paper highlights) on the platform.

Current market cap: 90 M, with 6193 holding addresses.

ATH

AthenaDAO is focused on women's reproductive health. It currently covers four main research areas: ovarian aging and reproductive longevity; polycystic ovary syndrome and endometriosis; gynecological cancers; and reproductive technologies.

Current market cap: 8.2 M, with 822 holding addresses.

GROW

ValleyDAO belongs to the field of synthetic biology for climate protection. Holders of the GROW token can participate in the decision-making process, influencing which synthetic biology projects receive funding and how the resulting intellectual property is licensed and commercialized.

Current market cap: 8 M, with 669 holding addresses.

HAIR

HairDAO is part of the DeSci movement initiated by BioDAO, dedicated to funding early-stage hair loss research and has already obtained relevant patents. Through early financing, new hair loss treatment methods can be brought to market. This project was launched in November 2021 and is one of the first members of bio.xyz.

Current market cap: 59.6 M, with 345 holding addresses.

The favorable winds of the DeSci narrative have not truly arrived yet, and tokens have taken off first. After the speculation, the road to decentralized science still has a long way to go.

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