"Desci is the Redemption of All Our Sins of Decadence"
The recent surge in interest around Desci has attracted a variety of opinions from experts, with affirmations outweighing negations.
Those who hold a positive view are pragmatists hidden behind speculation, much like we were seven years ago, filled with fervor and grand visions for the future, hoping that blockchain would change the world.
Although the chaotic ICO landscape left many with a harsh reality check, looking back at 2017, "that is not our dark history; that is the path we took."
Amid the ICO bubble, Binance, Tron, and Ethereum emerged, nurturing new sparks—this is another form of harvest, isn't it?
It's easy to deny; it only requires words. Building is the hardest part because it demands effort and may lead to failure—when failure occurs, bystanders often mock without restraint.
Today's Desci, if successful, could become the Wall Street of the research community, creating a new Nasdaq for biotechnology—this is precisely the vision of nearly a trillion-dollar market value within three years mentioned in Binance's report.
Concerns about excessive bubbles, too much falsehood, and slow results are reasonable, but they don't seem to justify denial—if this were to be denied, perhaps the entire blockchain would need to be dismissed.
Those who hold neutral or negative views tend to see more problems and are slightly pessimistic—actually, when a new thing emerges, having no problems is the real problem. They may also just be habitual deniers: only responsible for negation without proposing solutions.
The blockchain industry is where we all find our existence and development. As for how to make its future better, old money in the crypto circle believes that holding BTC is sufficient, expecting it to surpass gold; speculators think that as long as they trade, it doesn't matter what it is—if it doesn't work out, they can just walk away.
But I believe that builders like Binance will have more ideas and will want to do more on the path of Bitcoin flipping gold.
What are these things? In fact, they haven't changed in over a decade: it's about making blockchain create greater value for the world. Each of us has witnessed the value created by the internet; they have transformed every aspect of our lives, making it easy to discern this value. However, I think most people struggle to understand the significance of Wall Street to the American economy and development.
The past railway bubble, car wash bubble, and airline bubble, countless bull and bear markets, speculative waves come and go, yet countless enterprises have grown, becoming the backbone of the American economy.
If we view Wall Street's existence through a lens of moral purity, I think it would be hard to look closely. The "Wolf of Wall Street" is just the tip of the iceberg, but to overlook the potential value that always accompanies speculation and the positive returns hidden beneath the madness would be biased.
The imagined future of Desci should be one where countless medical and research projects can receive substantial funding. Many projects will fail, but some very strong projects will survive—even if it's just one—if this one project can change countless lives and extend their lifespans, then the value it creates, as well as the value it brings to the crypto circle in the process, is immeasurable.
Judging value also requires a broader perspective. If you only see the value of one project, you might think that a project with a team of 100 people that has updated a lot of code is valuable, while a Memecoin with no utility is worthless. This actually misses the essence.
The essence of token economics is to view issues from an economic perspective. Why do people not buy into traditional value projects? Because their essence is likely a token dump packaged at a high cost. Why do people buy into Memecoins? Because they are a fair speculation under narrative packaging—if there is reasonable guidance, these massive speculative forces can turn from destructive power into constructive power, like a flood flowing through a dam.
Of course, many people are already aware of these viewpoints, which is also the original reason for the explosive growth of this track.
Currently, the timing for blockchain is in Memecoins. A year or two ago, some insightful individuals realized that the best way to launch a public chain was through a Memecoin. At that time, there were few supporters and many mockers; however, a year or two later, it has become a consensus.
Today, I want to say that the only way to launch the cold start of Desci is to initiate the ecological meme season. Because even as strong as Binance is, it is impossible to launch a track through a traditional value coin scheme, as it would attract very little attention; only an infinite wealth effect can work.
With a little effort, I think the answer is clear.
Of course, as a holder in the Desci track, seeing people rush to formulas is quite interesting, but it also indicates that most people do not realize the value of Desci; it is not literally a scientific track, and not every scientific token issuance constitutes a track.
The essence of Desci is to bridge the connection between research projects and blockchain through Memecoins. Here, I also call on PhDs reading this article: if you have good quality projects, it's time to quickly contact http://pump.science to refine some good ideas—compared to whether $rif or $uro can be listed on Binance, I actually look forward to the crypto circle being able to venture into early research projects that can change the world, shocking the globe.
This article includes some views from domestic and international VCs and big names on Desci, which should help provide a comprehensive understanding of this track. Personally, I feel that this time is much better than ICOs.
@heyibinance 🧙
Desci is better than a simple meme zoo.
https://x.com/kernel1983/status/1858588681436856413
We need to increase inclusivity and continuous investment in DeSci innovation.
https://x.com/TheRebeccaWONG/status/1858341502646423669
DeSci innovation, a win-win for all parties, don't rush to say no.
https://x.com/26x14eth/status/1858247794555027870
Don't lament the lack of innovation while arbitrarily dismissing Desci.
https://x.com/LeePima/status/1858349658432778641
@thedefiedge I am closely following DeSci.
https://x.com/thedefiedge/status/1858479470593609808
@DefiIgnas DeSci is the redemption of all our sins of decadence.
https://x.com/DefiIgnas/status/1858656545674068070
Firmly hold the logic of RIF and URO.
Desci
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