7 Potential Projects in the Decentralized Science (DeSci) Track

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1 year ago

Author: Hercules | DeFi, Crypto KOL

Translation: Felix, PANews

Decentralized Science (DeSci) is a movement aimed at using Web3 technology to build public infrastructure to support scientific research. DeSci adopts a decentralized approach to create and share knowledge, rather than relying on centralized institutions. DeSci addresses three core issues:

  • Funding allocation: DeSci can fundamentally change the allocation of research funds through mechanisms such as secondary donations and DAOs.
  • Accessibility: DeSci can improve accessibility by utilizing blockchain-based research repositories.
  • Reproducibility: DeSci provides incentives for reproducibility, such as token rewards and reputation systems. Smart contracts enable transparent peer review, incentivizing researchers to engage in reproducible scientific work.

Binance recently released a report on DeSci, projecting the DeSci market to reach $750 billion by 2030. Crypto KOL Hercules has listed 7 potential tokens in the DeSci track.

Hippocrat

Hippocrat, based on comprehensive medical databases and artificial intelligence technology, provides real-time responses to health queries and connects users with verified medical professionals for targeted assistance.

  • Market Cap: $109 million
  • Token: HPO

VitaDAO

VitaDAO is a community-initiated initiative aimed at funding and supporting longevity science to improve life. VITA holders can participate in deciding which research to support, governance, and the progress of prevention and treatment of age-related diseases.

  • Market Cap: $68.75 million
  • Token: VITA

Related Reading: DeSci: Exploring the Business Models and Feasible Paths for Biotech Projects to Enter Web3

ValleyDao

ValleyDao is an open global community that provides funding and support for synthetic biology research.

  • Market Cap: $9.3 million
  • Token: GROW

Data Lake

Data Lake contributes to advancing research and improving treatments. The project is building blockchain tools to connect patients willing to donate medical data with researchers in need of such data.

  • Market Cap: $21.46 million
  • Token: LAKE

Related Reading: In addition to VitaDAO, which DeSci projects are worth paying attention to?

Research Coin

Research Coin is a tool for publicly publishing and discussing scientific research. Users of Research Coin earn RSC rewards through public publishing, commenting, critiquing, and collaboration.

  • Market Cap: $45.6 million
  • Token: RSC

Aimedis

Aimedis enables patients to manage their medical records, interact with healthcare professionals, and access remote medical services. Aimedis' DataXChange feature facilitates seamless data sharing among healthcare providers.

  • Market Cap: $3.9 million
  • Token: AIMX

Solve

Solve is a blockchain platform for the digital health network, providing relationship management for users.

  • Market Cap: $18.7 million
  • Token: SOLVE

Related Reading: MT Capital Research Report: New Narrative in the Bull Market, Current Situation and Future Prospects of the DeSci Track

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