The DeSci wave is coming. Can on-chain research become the new generation MEME?

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The DeSci Wave is Coming: Can On-Chain Research Projects Become the MEME of a New Era?

Recently, DeSci (Decentralized Science) has become one of the hottest tracks in the crypto market. This concept aims to establish public infrastructure through Web3 technology, enabling the public funding, storage, and dissemination of scientific knowledge. DeSci encourages researchers to share their results and gain recognition, while allowing the public to freely access and contribute to research content.

The trigger point of this round of DeSci craze originates from a strategic investment by a well-known trading platform in the BIO Protocol. Subsequently, several industry leaders discussed this topic at the DeSci Day event in Bangkok, bringing it to the forefront. The market reacted quickly, with the Pump.Science platform rising to fame, and the prices of several related projects skyrocketing, making the entire sector noteworthy.

However, despite the appealing vision of DeSci, the current hype seems to outweigh the actual utility. There is a clear contradiction between the long-term nature of scientific research and the short-term profit-seeking nature of the MEME space. Research projects typically require long-term and sustained investment, while the crypto market often chases short-term trends.

Is MEME fundamentally sound now? How long can the on-chain "elixir of immortality" DeSci last?

From a historical perspective, the concept of DeSci is not entirely new. VitaDAO, launched in July 2021, is an early representative project dedicated to funding longevity research. Although it briefly garnered attention, its subsequent development has been relatively slow, only recently showcasing its first product.

Another challenge faced by DeSci projects is the closed nature of the research field. The traditional research system places a high value on confidentiality, which may conflict with the transparency of blockchain. Therefore, the application of DeSci may mainly focus on research topics that require high collaboration and are time-consuming.

From the market performance perspective, the DeSci sector has seen an increase recently, but the overall scale remains relatively limited. The market capitalization of major projects still lags behind other popular sectors. However, compared to other MEME projects, DeSci has stronger narrative and fundamental support. Any scientific breakthroughs or product developments could inject new momentum into it.

In the current market environment, the MEME project seems to be gradually replacing traditional altcoins as the main bearer of funds. This reflects that the crypto market is undergoing deep changes, including shifts in narrative logic, dissemination models, and operational methods. The combination of MEME with actual projects may be more competitive than single projects, which perhaps explains the rise of new concepts like AIMEME and DeSci.

Is MEME fundamentally sound? How long can the "elixir of life" DeSci survive on-chain?

However, successful MEME projects are still rare. Data shows that among the massive number of issued tokens, only a very small number can reach a high market value. For investors, the key is to find a balance between short-term hype and long-term value, while ensuring investment security.

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JustHereForMemesvip
· 07-30 13:26
Another sucker harvester has arrived.
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ShibaMillionairen'tvip
· 07-30 13:25
Research still on NFTs? Be Played for Suckers is getting more intense.
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GateUser-4745f9cevip
· 07-30 13:23
Another sucker play people for suckers has arrived.
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GateUser-c799715cvip
· 07-30 13:19
Another wave of ecological Be Played for Suckers trap.
View OriginalReply0
BankruptcyArtistvip
· 07-30 13:16
As long as there's trading, it's all good. Anyway, just let me trade.
View OriginalReply0
ser_we_are_earlyvip
· 07-30 13:11
Another play people for suckers.
View OriginalReply0
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