About a year or two ago, a friend in the industry specifically discussed the topic of DeSci with me.
DeSci is short for Decentralized Science.
At that time, I had heard this term and could roughly guess its meaning from the literal translation.
Back then, DeSci was not popular; DePIN was more in vogue, especially a number of DePIN projects combined with GPU computing power—like the early Filecoin proposal that utilized decentralized, scattered GPU power.
However, I held a very cautious attitude towards these so-called DePIN projects because I felt that they would likely end up with a fate similar to Filecoin—essentially not utilizing idle, fragmented computing power, but rather turning into a competition among giant computing centers, completely deviating from the project's original intention.
Influenced by these types of projects, I thought that the so-called "DeSci" was probably trying to do something similar, gathering scattered researchers from around the world through token incentives to conduct research.
I believed that this way of doing research would not be easy to popularize on a large scale, and it might not be a genuine application of cryptographic technology.
Although the open-source code community has developed through such collaboration, I was uncertain whether research could develop in this way.
So at that time, I expressed a cautious view on DeSci to my friend.
Unexpectedly, in recent days, the concept of DeSci suddenly became popular in the community, especially with a DeSci project called Bio Protocol, which is leading in the biotechnology field.
There is a good article on this project by Deep Tide, and I have attached the reference link at the end of the article.
This project mainly funds some initiatives in the biotechnology field, and its funding method is primarily through a DAO, initiating a DAO for each direction/project.
Currently, the official website (https://app.bio.xyz/genesis) shows that 8 DAOs have been established. Each of these 8 DAOs has issued its own token.
Taking one of them, VitaDAO, as an example, we can see from this DAO's official website (https://www.vitadao.com/) that its funding direction is longevity technology.
Researchers can apply for funding for their research projects on the official website. After review, the holders of this DAO's tokens vote to decide whether to provide funding for the project.
This approach has a clear distinction from my previous understanding of DeSci:
This method uses cryptographic technology/cryptographic assets more in the areas of project review and funding, rather than conducting research in the so-called decentralized manner that I previously understood.
I think this approach is worth trying. If DeSci evolves in this direction, it is certainly worth further tracking and observation.
In fact, I strongly support exploring similar methods in more fields, such as funding the development of language models, AI agents, and so on, which I have shared before.
However, the project tokens, including VitaDAO, currently do not have much economic empowerment; they mainly serve governance functions. So whether these DAO tokens are worth investing in is another matter.
Additionally, there has been an interesting little episode in this sector in the past couple of days: a website called Pump.Science has appeared with tokens related to biotechnology.
Many people say these tokens are purely meme coins, but they are actually somewhat different.
Pure meme coins rely solely on artificial narratives and emotions, but the tokens on Pump.Science are currently linked to the progress of research projects. The projects represented by the tokens update their research progress periodically.
This provides slightly more data support than pure meme coins.
Although whether this data support is real, credible, and meaningful remains to be seen, at least it has a bit of "rationality" and is not purely gambling.
Reference link:
https://www.techflowpost.com/article/detail_21702.html
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