DeFi Hype Continues, Taking Stock of Current Popular Ecosystem Tokens
You, who dabbles in Meme Stocks, are like a fish out of water, hopping around between the zoo, AI, and DeFi.
Original Author: Aunt AI
If you are trading Meme coins, you are like a squirrel in a watermelon patch, hopping around in the zoo / AI / DeSci.
- CZ and Vitalik Attend DeSci Entrepreneur Gathering
- Binance Labs Makes First Investment in DeSci Project BIO Protocol
- DeSci Token Experiences a General Rise
Hot money has changed direction, but we in the watermelon patch are still confused—What is DeSci / Pump Science exactly? What do these trending tokens mean? Keep reading
What is DeSci
DeSci stands for Decentralized Science, a research methodology applying decentralized technology that will fundamentally alter Traditional Science (TradSci). It is often linked with the keyword "longevity" at this stage. As early as last December, DeSci gained attention due to CZ's mention and the Coinbase founder establishing ResearchHub, and recently, the ResearchHub Meme (RSC) has also surged in popularity.
What is Pump Science
Pump.Science is a brand-new Meme launch platform introduced by the Solana ecosystem's DeSci platform, Molecule DAO. It can be seen as a token-based life-extension experiment prediction game. Pump.Science will issue meme tokens representing drugs on Pump.Fun, where players can directly trade. When the market cap reaches $10,000, medical research organizations will test the drug and regularly release the results on the platform. Players can then predict the drug's effects based on the experiment results and continue trading the meme tokens.
Popular Token Interpretation
Pump.Science Concept
$RIF: Currently the flagship meme coin in the DeSci sector, with a market cap of $87.9 million, is one of the tokens officially launched by Pump.Science; Rifampicin focuses on the concept of antibiotics and is used to treat infections like tuberculosis.
$URO: Another official token launched by Pump.Science, currently with a market value of $30.7 million; Urolithin A is a natural metabolite found in pomegranates and other nuts, believed to have anti-aging properties.
Donation Concept: $Scihub
Inspired by the world's largest free paper download center, Sci-hub, which faces legal issues due to its open-source nature and relies solely on donations. 0xAA (@0xAA_Science) is the top holder of this token, currently holding 22% of the total supply. They have stated that they will donate 20% of the tokens to the operators of SciHub as a gesture of support for their cause and platform development.
BIO Ecosystem Concept
Under the BIO Protocol, there are currently seven BIO DAOs covering various areas such as cryopreservation, women's health, and mental health. Among them are
$VITA (VitaDAO): Focused on funding early-stage longevity research initiatives
$RSC (ResearchHub): Founded by Coinbase's co-founder, a platform that rewards users for publishing high-quality content on the platform
$ATH (AthenaDAO): Focused on women's reproductive health research and drug discovery
$GROW (ValleyDAO): Focuses on decentralized, community-governed platforms for anti-aging drugs and life extension projects
Final Thoughts
For more details, we recommend reading the following two documents. Binance Academy's introduction to the DeSci concept: "What Is Decentralized Science (DeSci)", and BlockBeats' overview of the ecosystem: "Bio experiment meme a thousand times a week, hot money is all flowing into DeSci"
Original Article Link
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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