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What is the new track DeSci that CZ and Vitalik are both focusing on? A quick overview of Pump Science and the concept of donations.

CN
智者解密
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1 year ago
AI summarizes in 5 seconds.

Recently, the popularity of Meme coins has surged, with Desci maintaining high interest. A new revolution is quietly rising, which is decentralized science (DeSci). This emerging field has attracted the attention of cryptocurrency giants and tech pioneers, with Binance founder CZ and Ethereum founder Vitalik Buterin both focusing on this new track.

On November 13, CZ shared updates on social media about his participation in a DeSci entrepreneur gathering organized by Binance Labs in Bangkok, alongside Vitalik Buterin, and mentioned VitaDAO's longevity product VD001. This product is a natural high-dose spermidine supplement approved by the Thai Food and Drug Administration, marking an important advancement in the DeSci field.

What is the new track DeSci that CZ and Vitalik are both focusing on? A quick overview of Pump Science and the donation concept_aicoin_image1

Image source: x

At the same time, Binance Labs also announced an investment in BIO Protocol, a platform aimed at supporting global scientific research through decentralized means, covering various fields such as cryopreservation, women's health, and mental health.

What is DeSci?

DeSci, or decentralized science, is a new model that applies blockchain technology to promote scientific research and innovation. It aims to break the shackles of traditional scientific research through decentralized technological means, facilitating the sharing of intellectual property and the rapid transformation of research results. As blockchain technology matures, DeSci is becoming an important tool in fields such as longevity research and drug development. The core of DeSci lies in providing funding support and liquidity for scientific research through the establishment of decentralized autonomous organizations (DAOs) and the use of token incentive mechanisms, thereby accelerating innovation and discovery.

Currently, the key areas of interest in the DeSci track are the concepts of Pump Science and donations.

What is the new track DeSci that CZ and Vitalik are both focusing on? A quick overview of Pump Science and the donation concept_aicoin_image2

Image source: x

Pump Science Concept
Pump Science is an innovative model launched by Molecule DAO within the Solana ecosystem, aimed at supporting medical experiments and longevity research through tokenization. The uniqueness of the Pump Science platform lies in its combination of drug research with the token market, allowing players to purchase Meme tokens representing drugs, such as Rifampicin (RIF) and Urolithin A (URO), and predict drug effects based on experimental results. This model not only provides funding support for longevity research but also offers investors new investment options.

Currently, the performance of the RIF and URO tokens in the market is particularly notable, with RIF's market cap reaching a peak of $200 million. The RSK Infrastructure Framework (RIF) is an open distributed infrastructure protocol suite that utilizes smart contracts on the Bitcoin network to enable simpler, faster, and more scalable development of dApps. According to AICoin market data, RIF is currently priced at $0.1312.

What is the new track DeSci that CZ and Vitalik are both focusing on? A quick overview of Pump Science and the donation concept_aicoin_image3

Image source: AICoin

URO is the meme coin of the decentralized science concept, issued on the Pump Science platform. It represents Urolithin A, a naturally occurring compound associated with potential health benefits and anti-aging properties. As KOL Orange mentioned, the element of immortality is a favorite among the big players. According to AICoin market data, URO is currently priced at $0.55.

What is the new track DeSci that CZ and Vitalik are both focusing on? A quick overview of Pump Science and the donation concept_aicoin_image4

Image source: AICoin

Donation Concept
Another important manifestation of the donation concept in the DeSci field is SciHub. This concept is inspired by Sci-Hub, the world's largest free paper download platform. Sci-Hub faces legal challenges due to its open access philosophy, but it has received significant support in the academic and crypto communities. Inspired by this, the founders of the SciHub token have pledged to donate a portion of the token revenue to Sci-Hub to support its operations. This donation model not only supports academic freedom but also represents a new form of charitable giving, showcasing the potential of decentralized technology in public welfare.

Conclusion

The rise of the DeSci track is not only a combination of science and technology but also a disruption of traditional research models. The attention and participation of leaders in the cryptocurrency industry, such as CZ and Vitalik, inject new vitality and confidence into the DeSci track. With the continuous development of decentralized technology, DeSci is expected to play a more important role in future scientific research. Whether it is the innovative experimental model of Pump Science or the donation concept of SciHub, both will reflect the immense potential of decentralized technology in promoting scientific progress and social welfare. As more projects emerge, the future of the DeSci field is filled with infinite possibilities.

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