In today's video, we would be discussing a hot topic that has been doing the most in the crypto space, decentralized science.
With the hype, this is the best time to hop in before its too late and that's why we are making this video for you because it's your chance to learn about DeSci before it explodes!
We would also be talking about top desci projects to invest in for massive 10x to 100x returns.
By the way, if you're interested in learning about DeFi and discovering innovative projects, you may want to check out our 'Mastering DeFi' course. It's designed to help you understand DeFi in a fun and easy way, with lessons that you can access immediately. Now let's get started!
Since this is new, let's get to know what desci is about. DeSci, or Decentralized Science, is a crypto-powered sector aimed at revolutionizing how scientific research is conducted, funded, and shared.
The DeSci narrative is heating up due to high-Profile backing and support from Vitalik Buterin, Binance Labs, and a16z.
There are also millions raised by DeSci projects from top-tier backers. The topic is now gaining momentum as Google searches for “DeSci” now outpace terms like Crypto Gaming.
There are also strong incentives because the tokenized ecosystems reward contributors transparently. And Increased the popularity in DeSci has overtaken DeFi in community mindshare rankings.
Now let's take a look at some of the promising projects to watch to keep our portfolios green. First off, we have genomes DAO. This project has done almost 200% over the last 7 days.
GenomesDAO is based on the belief that everyone should have their own genome. Their goal is to establish the world's largest user-owned genomic database and share it with the public, organizations, and researchers.
It is committed to meeting the growing expectations of research institutions, organizations, and clients regarding the security of genomic data and the quality of research workflows.
Also, Genomes.io and AMD are collaborating to bring state-of-the-art encryption technology to genomic data, a first of its kind innovation.
The collaboration allows Genomes.io to take advantage of new security components available in AMD EPYC processors to enable full user controlled security of their DNA data. This allows users to grant pharmaceutical companies and researchers access to query their genome on a repeat consent basis.
Lets now talk about Vita Dao. VitaDAO is the first collective funding early-stage longevity research, aiming to extend healthy lifespans and health spans by raising funds for early research projects and incubating startups for commercialization.
It has raised $4.1 million, supported by Pfizer and former Coinbase CTO Balaji Srinivasan. One of the most important trends is the decentralization and democratization of emerging therapies in the biotechnology field.
VitaDAO aims to decentralize these assets, making them widely accessible to people around the world.
Over the past few decades, the biopharmaceutical system has largely been monopolized by pharmaceutical companies through patents.
If led by VitaDAO, this status quo will change as they challenge the monopoly of the traditional biopharmaceutical system by decentralizing the acquisition of intellectual property and democratizing its ownership. Isn't that amazing, let us know what you think about this in the comments.
The 3rd and 4th desci projects on this list are RIF and URO. Both tokens have demonstrated remarkable market performance, with RIF reaching an all-time high of $0.1679.
RIF and URO are essential components of the innovative Bio Ecosystem, launched through the Pump.science platform as part of Molecule DAO's DeSci project.
The project’s credibility received a substantial boost with Binance Labs’ investment in BIO Protocol on November 8th, marking Binance Labs’ first venture into the DeSci space.
This momentum continued with CZ’s participation in Binance’s DeSci Day in Bangkok, where he joined Vitalik Buterin in discussing DeSci insights.
By the way, RIF has experienced a dramatic rise in market capitalization, reaching $125 million with an impressive 24-hour increase of 3,508%.
The token’s trading volume has also been substantial, hitting $181 million during this period. Similarly, URO has shown remarkable growth , with its market capitalization reaching $45 million, accompanied by a 1,373% increase in 24 hours and a trading volume of $89 million.
A crypto Whale has made headlines by diversifying its portfolio with two decentralized science tokens (DeSci), $RIF and $URO.
The trader’s 88x return showcases the growing appeal of crypto assets, turning a $17.2K investment into an unrealized profit of $1.5 million. Lookonchain, an on-chain analytics platform, has revealed the news through its X account.
The invested tokens can offer huge profits, meanwhile, their value changes quickly, so you all need to be careful while trading.
The 5th desci project will be PRO and ANTI. A pair of tokens that express opposing views on meme tokens. Created by algorithm engineer and mathematical physics expert @sshmatrix_, the tokens are designed so that 1 $ANTI and 1 $PRO rise and fall together.
This phenomenon, often described as an eerie connection between particles, suggests that two particles can become inextricably linked, sharing a unified state regardless of distance.
In the context of cryptocurrencies, the application of quantum entanglement principles aims to establish a direct correlation between two distinct tokens.
While the specific technological implementation of this concept remains shrouded in mystery, the developer, sshmatrix, has hinted at an upcoming roadmap that will shed light on the underlying mechanisms.
It's worth noting that sshmatrix is also the creator of ERC7700, a testament to their significant technical prowess and innovative approach to blockchain technology.
Second to the last desci project will be Rsc research hub. According to market information, the DeSci project ResearchCoin (RSC) has broken through $0.8 and is now quoted at $0.8145, with a 24-hour increase of 43.53%, and a current market value of $81.5 million USD.
ResearchCoin was co-founded by Coinbase CEO Brian Armstrong among others as part of the decentralized science platform DeSci, aiming to change traditional scientific research journal publishing models.
Users earn ResearchCoins (RSC) by posting content on ResearchHub; the amount of RSC received is directly proportional to what other community members perceive as the value of their content.
RSC is the native token of the ResearchHub platform, and is primarily used to reward users who publish high-quality content on the platform.
Whenever users publish this content or receive likes, they earn a certain amount of RSC tokens , and the quantity of RSC can represent the user's reputation on the ResearchHub platform.
The higher the reputation, the greater the power (the ability to mark, edit, or delete low-quality content, ensuring the quality of the platform's content). You might also want to check this out. Let us hear your thoughts in the comments.
ResearchHub also has a partnership with BIO Protocol, and in the past week, RSC has seen an increase of nearly 200%, with its market cap reaching $60 million again after six months.
And finally, let's talk about SCIHUB. $Scihub is not just a token, but also an attitude - believing in the transparency and sharing of science, and believing that knowledge can be made more accessible through the power of the community.
$Scihub is a Meme token on the Solana chain, inspired by Sci-Hub, the world's largest free paper download platform. Token dynamics top holder exceeds 20%, announcing that part of the profits will be donated to the SCI-HUB Foundation.
As a pioneer in promoting scientific knowledge sharing, Sci-Hub has long relied on donations to maintain its operations, and the birth of $Scihub provides it with a new on-chain support model.
By combining the concept of decentralized science (DeSci), $Scihub aims to assist the operation of Sci-Hub and promote the development of global open science.
The future of $Scihub may still have a long way to go, but its story has attracted countless eyes. People not only expect it to become a "decentralized beacon" in the academic world, but also hope that it can provide more inspiration for innovation in the blockchain world. Science, blockchain, open sharing - all of this has just begun.
DeSci is rapidly becoming one of the hottest narratives in crypto. With strong backing from industry giants, innovative projects, and growing interest, the sector is poised for explosive growth which is why we have made this video for you to not miss out.
The future of decentralized science is unfolding rapidly, with extensive debates surrounding its effectiveness and necessity.
Some believe it will promote inclusivity and freedom in scientific research, while others worry it may face strong opposition from traditional academic circles and large pharmaceutical companies.
The future of decentralized science holds immense potential, and if implemented correctly and cautiously, it could give rise to a new economic and social system that redefines the priorities of progress and profit. With time we would see how this goes. So guys, we would stop there.
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