7 Promising Projects in the Decentralized Science (DeSci) Sector

Author: Hercules | DeFi, crypto KOL

Translation: Felix, PANews

Decentralized Science (DeSci) is a movement aiming to leverage Web3 technologies to build public infrastructure that supports scientific research. DeSci adopts a decentralized approach to creating and sharing knowledge, rather than relying on centralized institutions. DeSci addresses three core issues:

• Funding allocation: DeSci can revolutionize research funding through mechanisms such as quadratic funding and DAOs.

• Accessibility: DeSci can improve accessibility by leveraging blockchain-based research repositories.

• Reproducibility: DeSci provides incentives such as token rewards and reputation systems for reproducibility. Smart contracts enable transparent peer review, incentivizing researchers to conduct reproducible science.

Binance recently released a report on DeSci, projecting the DeSci market size to reach $75 billion by 2030. Crypto KOL Hercules has highlighted seven promising tokens in the DeSci sector.

Hippocrat

Hippocrat leverages a comprehensive medical database and artificial intelligence technology to provide instant responses for health inquiries and connect users with real, verified medical professionals for targeted assistance.

Market Cap: $109 million

Token: HPO

VitaDAO

VitaDAO is a community-driven initiative aimed at funding and supporting longevity science to improve lives. VITA holders can participate in decisions regarding funded research, governance, and progress in combating age-related diseases.

Market Cap: $68.75 million

Token: VITA

Related reading: DeSci: Exploring Business Models and Feasible Paths for Biotech Projects Entering Web3

ValleyDao

ValleyDao is an open global community providing funding and translational support for synthetic biology research.

Market Cap: $9.3 million

Token: GROW

Data Lake

Data Lake helps advance research and improve treatments. The project is building blockchain tools to connect patients willing to donate medical data with researchers who need it.

Market Cap: $21.46 million

Token: LAKE

Research Coin

Research Coin is a platform for publicly publishing and discussing scientific research. Users are rewarded with RSC tokens for actively publishing, commenting, critiquing, and collaborating.

Market Cap: $45.6 million

Token: RSC

Aimedis

Aimedis enables patients to manage their medical records, interact with healthcare professionals, and access telemedicine services. Aimedis' DataXChange feature facilitates seamless data sharing among healthcare providers.

Market Cap: $3.9 million

Token: AIMX

Solve

Solve is a blockchain platform for digital health networks, offering relationship management for users.

Market Cap: $18.7 million

Token: SOLVE