Bittime - Lately a new narrative has emerged known as Decentralized Science or DeSci. The DeSci movement seeks to leverage new technologies such as blockchain and Web3 to address some of the major problems in scientific research, such as excessive bureaucracy and barriers to the dissemination of knowledge.
List of 5 DeSci Projects
In this article, we will highlight five DeSci projects that are leading and positively disrupting scientific research and development.
1. VitaDAO
One of the best examples of DeSci is VitaDAO, a Decentralized Autonomous Organization (DAO) focused on funding research on longevity in an open and democratic way.
VitaDAO focuses on decentralizing drug development aimed at prolonging human life and health. They fund early-stage research with the goal of turning that research into a biotechnology company. VitaDAO is governed by VITA token holders, which can be purchased or earned through work or intellectual property contributions.
VitaDAO has more than 4,000 members and has raised more than $9 million (Rp144 billion) to support scientific research. This proves that the DeSci movement is not something to be underestimated.
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2. SCINET
The SCINET platform, built on blockchain, enables retail and institutional investors to safely invest in scientific and technological research. In addition to funding promising scientific research, SCINET also offers blockchain-powered cloud labs for researchers, a rigorous decentralized peer review process, and allows researchers to document their intellectual property on an immutable blockchain.
3. AntidoteDAO
AntidoteDAO is a decentralized community focused on funding cancer research and other cancer-related initiatives. Their ecosystem includes governance tokens and NFT collections, both of which allow individuals to vote on where funds should be allocated.
In addition to providing funding to charities that support cancer research and cancer patients, the DAO's core focus is to provide an initial grant of $100,000 (Rp1.6 billion) to cancer research teams. The research project is first reviewed by the DAO Medical Advisory team, and then submitted to the community for a vote.
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4. LabDAO
LabDAO is an organization dedicated to operating a network of community-run wet and dry laboratories with the goal of advancing scientific research and development.
Wet laboratories focus on the analysis of drugs, chemicals, and other biological materials, while dry laboratories focus on applied mathematical or computational analysis. LabDAO is a new project that is still in its infancy but has a promising mission and strong community support around it.
5. Molecule
Molecule is a decentralized scientific research funding platform that operates as a marketplace for researchers seeking funding and individuals looking to invest in scientific research projects.
Molecule connects leading researchers with funding by turning intellectual property and development into liquid, investable assets. Researchers can list their research projects on the Molecule marketplace to attract potential investors and secure funding for their projects.
Currently, Molecule has more than 250 research projects listed on their market, more than 4,500 DAO community members, and 3 "Bio DAOs" with over $10 million in funding in their network. According to Molecule, "The future of life science research will be driven by a fluid, open market for intellectual property powered by Web3 technologies."
Conclusion
Decentralized Science (DeSci) is a movement that combines blockchain technology with science, creating a more open, fair, and decentralized ecosystem.
The DeSci coin plays an important role in building this ecosystem by supporting the funding of research projects, providing incentives for scientists, and facilitating knowledge exchange. With the growing number of DeSci projects such as VitaDAO, SCINET, AntidoteDAO, LabDAO, and Molecule, we can expect to see greater innovation and advances in scientific research in the future.
The DeSci movement not only helps accelerate research in a variety of fields but also ensures that research results are accessible to everyone in a fair and transparent manner.
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