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DeSci Break to Make Up Classes: A Step-by-Step Guide to Quickly Getting Started with Pump.Science
Author: BB
Compiled by: DeepChain TechFlow
True practitioners in the Crypto Assets field are well aware that regardless of the next MEME frenzy, Crypto Assets themselves have significant value. This value lies in their ability to create innovative systems that transcend national borders.
DeSci (Decentralization Science) is such an ecosystem that has sparked a trend in the encryption world. This innovation is poised to leverage the same momentum that fueled the meme coin frenzy to advance.
Innovation always needs some impetus.
This is the appearance of Pump.Science - a scientific experiment driven by Cryptocurrency, which successfully combines innovation, healthy lifespan, and TOKEN craze together.
Imagine it's like a combination of college biology class and innovation-driven Decentralized Finance conference. But in Pump.Science, we no longer dissect frogs, but explore the secrets of longevity.
Of course, cracking the code for longevity is like engaging in a no-rules battle with a bear. But if successful, we might use longevity TOKEN instead of gym membership cards (sorry, fitness enthusiasts).
Pump.Science will lead us down this path. Join us to delve into what it is, how it harnesses the wave of Pump.Fun to extend human life, and how to use it.
Let's explore deeply.
What is Pump.Science?
Pump.Science is an interesting game. Your goal is to conduct scientific experiments in the game, aimed at maximizing the lifespan of the experimental subjects.
At the end of the experiment, the final score was calculated by PLE (percentage of life extension). It measures the extent to which animal life is extended after using the test drug. These experiments are conducted in stages.
If the Token Market Cap of the compound reaches the next predetermined target at the end of the current experiment, it will provide funding for subsequent experiments.
The progress of the game is simple - first experiment on simple organisms, then gradually move on to more complex organisms. The game is divided into three levels:
Level one: Worm
Preliminary experiments are conducted on the worm. The cost of high-quality drug experiments is approximately between $300 and $500.
Level 2: Fly
If the experiment on the worm is successful, the experiment on the fly will continue. The cost of this stage of the experiment is approximately 2000 to 3000 dollars.
Level 3: Mouse
If the drug is successful in flies, it is then tested in mice. Mice typically live for 2 to 3 years. The cost of this stage of the experiment is approximately between $30000 and $60000.
Please remember the above-mentioned amount of funds, as they will soon come in handy.
The tokens for each drug provide funding for these experiments.
The next question naturally is - What is the role of Cryptocurrency in it?
The game adopts a milestone-based funding model. Assuming you are a drug researcher who has discovered a new drug that can prolong human life.
To conduct the experiment, you need funding. You can submit your intervention plan and create corresponding Tokens through Pump.Fun. These Tokens will be purchased by interested participants in the market (such as investors active in the meme community).
These TOKENs are sold in the following stages:
First level (worm): Tokens worth $500 are sold when the Market Cap reaches $70,000
Level 2 (Fly): Token worth $2500 sold when Market Cap reaches $1 million.
Level 3 (Mouse): Sell Token worth $20,000 when Market Cap reaches $3 million
This allows anyone interested to participate in the research. This model is called "stadium science". Experiments are carried out in real time before our eyes, and as speculators, experts, researchers, or enthusiasts, we can participate based on our interests. (Maybe even make some money).
So, you can simultaneously enjoy fun, excitement, knowledge, and entertainment - like a mental pleasure.
Where are these experiments conducted?
These experiments were conducted in the Tracked Bio (in the Fly Box) or Ora Biomedical's WormBot. All experiments were live streamed, and you can track the effects of compounds on experimental animals in real time.
Pump.Science plays an important role in the extensive field of DeSci. So, where does it stand in the overall framework of DeSci? More importantly, how does it help achieve the goals of DeSci? Let's explore.
What is DeSci?
DeSci is basically connecting those of us interested in scientific innovation with the funded world. Imagine being in a room smoking every day and chasing the next 'junk coin' in a Telegram group. You may earn $1000 a day, but at the same time, you are losing valuable time in life. How to avoid losing precious time due to these bad habits? By funding scientific development.
So, what role does Cryptocurrency and Decentralization play in all of this?
DeSci can basically achieve the following points:
Funding academic research and publishing papers helps further the dissemination of knowledge.
Improve the peer review process. Open research makes peer review more transparent and effective, thereby enhancing the overall quality of research.
Why do we need DeSci? Can't traditional science (TradSci) meet our needs?
Lack of autonomy: bias may be ubiquitous in scientific research. Blockchain technology can solve this problem. For example, through Non-fungible Tokens, scientists can verify their academic research.
Centralized storage is easily manipulated: Decentralized storage allows academic and scientific research to be conducted entirely on the on-chain Block, further preventing data manipulation.
Citizen Science: Independent researchers and scientists from different regions can come together to contribute to research.
Although it sounds bold, the funding and research field in science does need reform. The current system is not as fair as it should be, and the work of many top talents who create outstanding results is often overlooked.
For a field that has such a significant impact on society, the pursuit of excellence rather than mediocrity is essential.
Therefore, although the combination of cryptocurrency and science may sound incredible, projects like Pump.Science are driving scientific innovation by leveraging the speculative nature, meme effect, permissionlessness, and transparency of cryptocurrency, which is truly inspiring.
In such a unique intersection of fields, the possibilities for the future are infinite. To learn more about DeSci and how it tackles traditional scientific challenges, please refer to our DeSci guide.
I know everyone is eager to participate in the Pump.Science ecosystem. To ensure your safety, we will provide a simple guide to participation.
Pump.Science User Guide
First, visit the Pump.Science website to view the current drug experiments underway. Choose the experiment that interests you, and trade the experiment's Token on Pump.Fun.
Please remember, the experiment results mainly depend on one key factor: Percent Life Extension (PLE).
The higher the PLE, the longer the lifespan of the animal, so the better the effect of the compound. Currently, two compounds are undergoing testing: Rifampicin and Urolithin A.
Here are the steps you need to take:
Step 1: Visit Pump.Science and view the experiment
First, select the compound you want to learn about.
Then, check the real-time test details of the compound on animals - currently these compounds are first tested on flies.
Step 2: Understand Key Metrics
There is a lot of information here. Before you feel confused, let me explain it to you.
First, click the 'Chart' button next to the 'Feed' button.
Here, the key indicator is "Count".
It shows the number of flies that survived after taking the compound. If the survival rate reaches 100% and the flies continue to survive after using the compound, the percentage of lifespan extension (PLE) will be higher.
This means the compound may undergo mouse testing in the next stage (Phase 3).
On the contrary, if the survival count is low, it indicates that the compound is not effective.
Step 3: View real-time dynamics
Clicking on the 'Feed' button allows you to view real-time dynamics of flies. The green 'Live' button at the bottom allows you to see the live feed.
Step 4: Trade on Pump.Fun
View the charts on Pump.Fun and trade Token.
Note: If you want to further understand the meaning of other information in the window, please refer to the relevant materials. Image source.
The ultimate goal of Pump.Science
Their goal is clear: to leverage the vitality of Crypto Assets and the desire for wealth to promote a truly scientific protocol to optimize our health and longevity.
These protocols can provide support for AI agents, further helping us optimize our lifestyle. The drugs that eventually succeed will be used for practical development.
In addition, their development team will also ensure the intellectual property of the creativity and may sell it to bidders.
You can even submit ideas for new compounds here, making scientific innovations that enhance lifespan almost accessible to everyone!
Get involved: Pump.Science encourages investors and users to support their views with funds, letting the market determine the progress of human life. This is undoubtedly one of the coolest things you will encounter.
Have you ever thought that a enthusiast who spends most of their time in front of a computer can contribute to science? Now you can do it!
In a recent discussion, they announced plans to launch 20 new compounds, which means there will be 1-2 Tokens released every day - exactly what Pump.Fun excels at.
Even if you are not interested in the scientific part of the experiment, the coolness of Pump.Science will definitely impress you. I will follow closely the progress brought by these innovators.