DeSci+Meme, another potential combination for the new track?

[TL;DR]:

As an emerging field that can be combined with real-world applications, the DeSci field has recently attracted a large number of investors' follow and influx of funds, starting with the investment in BIO Protocol.

The combination of DeSci+Meme has also become a new hotspot, and the two innovative projects RIF and URO from the Pump.science platform have attracted significant market speculation.

Some DeSci projects, such as Sci-Hub, have certain innovation and practicality. With the support of Meme's popularity, they help to enhance public interest and awareness of DeSci.

Introduction

Following AI Meme, Mascot Meme, Art Meme, and Animal Rescue Meme, a new wave of Meme fever has quietly emerged in the DeFi field, sparked by a substantial investment in Decentralization and Liquidity protocol BIO Protocol, and has received market attention.

Although DeSci is still relatively unknown in the industry, this new concept has gained new popularity after being endorsed by MEME, and this article will discuss it in detail.

DeSci, Molecule DAO and Pump.Science

DeSci, or 'Decentralization Science', is a new field in the encryption domain, aiming to utilize Web3 technologies (including Non-fungible Tokens, Smart Contracts, and DAO) to promote fair and just funding, creation, review, storage, and dissemination of scientific knowledge. This innovative initiative encourages scientists to openly share research findings, while also making it easy for anyone to access and contribute to scientific achievements.

Although DeSci is still a new concept for many encryption practitioners and has a low popularity rate, many VC and KOL have publicly expressed optimism about this track.

According to the statistics of ThePASS last year, DAO had the largest proportion among DeSci-related organizations, and some well-known ones include ResearchHub, VitaDAO, MoonDAO, CrunchDAO, etc.

In this article, we mainly introduce Molecule DAO, an active DeSci organization built in 2020 within the Solana ecosystem. It not only proposes the concept of combining intellectual property with cryptocurrency using IP-Non-fungible Token technology, allowing for the sharing of ownership of research projects, but also launched a Meme launch coin platform called Pump.Science at the Solana Breakpoint conference at Token 2049.

Unlike other Meme launch coin platforms, Pump.Science stands out in its support for medical research. Medical researchers can submit drug research proposals on the platform and conduct worm experiments. Users can participate in the experimental process by trading Meme coins representing drugs and predict the drug's effects based on the experimental results, and continue trading Meme Tokens.

In other words, Pump.Science can be seen as a Token-based life extension experiment prediction game. After the issuance of Meme Token representing drugs on Pump.fun, players can directly trade. When the Market Cap reaches $10,000, ORA Biomedical, a medical research organization, will use the drug in experiments and regularly publish the results on the Pump.Science platform. This innovative model not only provides financial support for medical experiments but also offers users an interesting way to participate in scientific research.

And recently, two Meme coins from Pump.Science have quickly become popular, which has indeed driven the market's follow-up on the DeSci track.

Hundredfold increase in a week, RIF, URO, and SCIHUB are exploding in popularity

This week, DeSci has been widely followed with the support of CZ, Vitalik, and others, especially VITA, ATH, RSC, and other BIO ecosystem DAO Tokens, which have experienced significant pumps. Even in the background of being drained in various altcoin zones, these Tokens have maintained strong performance.

Perhaps inspired by AIMeme, the combination of DeSci+Meme has also become a new hot spot. Although the two new coins, RIF and URO, from the Pump.science platform did not attract much follow in the early stage of online, the Market Cap has been hovering around 150,000 US dollars. However, these two tokens have recently experienced an explosive rise. In less than two days, the Market Cap of RIF and URO has soared to 173 million US dollars and 55.6 million US dollars respectively, with an amazing increase of hundreds of times.

Rifampicin (RIF)

Rifampicin is BIO ecological Meme, representing the compound rifampicin. Rifampicin (RIF) is traditionally used as an antibiotic to treat diseases such as tuberculosis.

However, in recent years, researchers have found that it may have unexpected effects in anti-aging. In small organisms such as the nematode Caenorhabditis elegans (C. elegans, a common model organism for aging research), rapamycin has been shown to activate the natural defense mechanisms of cells, resist stress and damage, thus extending the lifespan of these organisms.

Although it is currently unclear whether rapamycin can produce the same effects in humans, its ability to promote cellular health has made it a hot topic in anti-aging therapy research.

Urolithin A (URO)

Uro is a compound produced by the human body when consuming foods rich in tannins, such as pomegranates.

It has a special 'cellular cleansing' function that can remove old and dysfunctional mitochondria (the cell's energy factories), allowing fresh and healthy mitochondria to grow vigorously.

This process is called mitophagy, which has been proven to extend the lifespan of C. elegans, making their cells more efficient and vibrant.

In human studies, uric acid also shows potential in enhancing muscle health and energy, which is good news for the gradual decline of these two aspects with age rise.

Sci-Hub (SCIHUB)

Sci-Hub is regarded as a pioneer of the DeSci movement, and has grown into a database storing 88,343,822 research articles and books, with a global access rate of up to 60,000 times per hour, attracting the attention of a large number of scientists and engineers, forming a strong community Consensus.

The Sci-Hub platform itself is a DeSci platform dedicated to providing free academic resources and e-book services. Its core idea is that human knowledge should be free and not monopolized by academic authorities and publishers. This idea responds to the widespread demand for academic resource access, especially in the face of high subscription fees and strict copyright restrictions.

Sci-Hub also collaborates with other DeSci projects such as Ocean Protocol, BIO Protocol, and Dlifexyz to promote scientific research and data sharing. These projects promote the development of DeSci by using decentralized data markets, tokenization of scientific intellectual property rights, and monetization of digital life, allowing more people to freely access and share scientific knowledge.

Currently, the market capitalization of the Meme coin named scihub has reached $38 million, and trading is very active.

It is worth mentioning that the three leading Tokens above have all been listed on gate.

Summary

As can be seen from the above, DeSci field, as an emerging field that can combine real-world applications, has recently attracted a large number of investors' follow and influx of funds.

Unlike traditional Meme coins, DeSci Meme coins often try to combine with scientific research and educational projects, adding an additional layer of meaning and value, which attracts a group of people who pursue technological innovation and social contribution.

In fact, some DeSci projects such as Sci-Hub have certain innovation and practicality, and of course, such new things are also controversial. The related Meme coins derived from them help to increase the public's interest and awareness of DeSci to a certain extent, open up new channels for funding scientific research, and may even encourage more people to participate in scientific research activities.

But returning to the topic, many DeSci projects are still in the early stages, and there are indeed uncertainties in technology, funding, legal matters, etc. Many MEME coins are short-term speculation as a result of market behavior. Investors need to remain rational and vigilant against potential risks.

Author: Charle Y., Gate.io researcher

This article represents only the author's point of view and does not constitute any trading advice.

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