Crypto Assets Market Dynamics and Development in the DeSci Field

As of November 24, the data statistics for major Crypto Assets show:

The discussion volume for Bitcoin last week reached 19.39K times, an increase of 10.69% compared to the previous week. The closing price last Sunday was 98,432 USD, up 7% week-on-week.

The discussion volume on Ethereum last week was 4.7K times, an increase of 13.89% compared to the previous week. The closing price last Sunday was 3489 USD, up 11.3% compared to the previous week.

The discussion volume for TON last week was 782 times, an increase of 3.44% month-on-month. The closing price on Sunday was $5.52, an increase of 11.5% month-on-month.

Recently, several well-known industry figures attended the decentralized science project Bio Protocol's event, expressing their support for DeSci. Some industry insiders hope to see 1,000 DeSci projects next year, narrowing the gap between Web3 and the scientific community. As a result, related concept tokens RIF and URO saw their prices increase more than 20 times in just two days, with DeSci emerging as a new hot area gaining attention from the market and capital.

Explanation of the DeSci Concept

DeSci is a new model of scientific research based on blockchain and the Web3 ecosystem. Its core lies in achieving global open access to research data through distributed storage, reducing the control of a single institution over the data. This open model liberates scientific research from the traditional closed environment, allowing researchers worldwide to share resources and data without barriers.

DeSci also utilizes smart contracts and DAOs to optimize the research funding mechanism, improving the transparency of fund allocation and usage efficiency. This new model not only changes the structure of research funding sources but also fundamentally enhances the efficiency of fund utilization.

Industry insiders believe that the current development stage of the DeSci field is similar to the DeFi era in early 2019. Although it is still in its initial stage, it has already shown great potential. Currently, the potential of DeSci has begun to be preliminarily manifested through some practical cases.

Performance of DeSci-related Tokens

In the DeSci field, the two tokens RIF and URO have performed outstandingly recently. They both originate from a certain platform and represent the compounds rifampicin and uric acid. The platform allows users to purchase tokens representing different drugs and participate in drug effect predictions and experimental data trading.

At the beginning of their launch, the market value of RIF and URO was maintained at around 150,000 USD, but recently the market value surged to nearly 3 million USD, achieving an increase of almost 20 times.

The heat in the DeSci field has been reignited, closely related to the active promotion by industry leaders. In addition, recent changes in the political situation may also bring changes to science and technology research policies, which is one of the reasons why the DeSci concept is receiving attention at this time.

Potential Projects in the DeSci Field

1. Molecule: Established in 2021, it is a research funding platform that provides financial support for cutting-edge research such as drug development through the trading of intellectual property NFTs.

2. VITA: Established in 2021, a decentralized organization focused on funding early longevity research. It has attracted widespread attention, including from pharmaceutical giants, raising over $5 million through community fundraising.

3. BIO Protocol: Recently completed strategic financing, raising $33 million through its community fundraising campaign. In the latest round of public auctions, the token price increased by 264% compared to the first round.

4. Data Lake: A blockchain-based medical data sharing platform that allows patients to anonymously donate data for research and shares research benefits through a token incentive mechanism.

5. Research Hub: Founded by the founder of a well-known Crypto Assets trading platform. Its native coin RSC is used to reward high-quality content creators on the platform, with an increase of nearly 200% in the past week, and its market value has once again reached 60 million USD.

Summary

The future potential of DeSci is not limited to optimizing the research process; it may also lead to transformations in scientific governance, intellectual property management, and research ethics. Through decentralized decision-making mechanisms and community-driven models, DeSci is expected to achieve the democratization of research, allowing more people to participate in scientific development.

The application of blockchain technology will enhance the authenticity and transparency of scientific research data and results, helping to combat academic fraud and increase public trust in science. DeSci is gradually becoming a new paradigm in scientific research, not only complementing traditional models but also representing a profound cultural transformation in science.

Supported by Web3 technology, DeSci is expected to break down barriers in the research field and promote global scientific development. As more practical cases emerge and technology continues to improve, DeSci will lead the scientific community into a new era that is more open, efficient, and democratic.