From the inception of Bitcoin in 2009, blockchain has evolved from its need for adaptability and connectivity. Many innovative approaches and applications have developed using blockchain technology aiming to address the inefficiencies in traditional systems.
Decentralized Science (DeSci) is a new frontier in blockchain space introduced to solve the issues in current scientific research areas. The top 5 projects in decSci includes, VitaDAO, Antidote DAO, GenomeFi, Cure DAO, Molecule.
This article covers the top five decentralized science DeSci projects that make a difference in certain areas of biotech and life sciences.
Top 5 Decentralized Science (DeSci) Projects
Vita DAO
Vita DAO is a decentralized organization supporting research and development in extending human life and health-span. It uses the DAO for governance, NFTs, and Automated market makers (AMM). Vita DAO runs on the Ethereum blockchain, anyone can participate and contribute funds to this cutting-edge aging research and democratizing ownership of intellectual property. Any individual can join VitaDAO. Anyone holding a VITA – a Vita DAO token can participate in the governance.
What Are the Features of Vita Dao?
- It uses NFT to represent and manage intellectual property related to longevity research and science.
- Automated Market makers are used for fundraising purposes and liquidating tokens.
- Work as a collaborative ecosystem consisting of researchers, service providers, and contributors in various groups.
Antidote DAO
Antidote DAO is the first decentralized organization focused on funding different cancer initiatives including crowd-funding, research, and other charities with the help of blockchain technology. Like other DAOs, it accepts and uses tokens, NFT, and direct crypto donations, enabling the owners of assets to vote on funding proposals. The AntidoteDAO ecosystem offers $ADAO, a deflationary crypto-token on the polygon network, and our NFT collection. They are both built to support noble purposes, funding cancer research and patients.
What Are the Features of Antidote Dao?
- Antidote DAO protects users’ funds via smart contracts ensuring security. It avoids the need for centralized exchanges or an intermediary.
- Provide instant and fast transactions as DAO utilizing polygon network
- AntidoteDAO allows users to complete transactions in just a few seconds without revealing personal information to the network’s server.
- Transparency and trust as transactions are permanently recorded on the Blockchain and secured with no third-party involvement.
GenomeFi
GenomeFi is defined as an AI-based web3 genome DID platform to develop and grow in the area of genome studies, and related scientific research. GenomeFi can solve issues in modern global genomics, healthcare, and biomedical industries by promoting mass adoption of genomic, biomedical, and other services with the AI-based Web3 Genome DID platform.
What Are the Features of Genomefi?
- Combination of AI and web3 in promoting genomic, medical, and bio industries.
- User’s identity authentication using blockchain-based GDIDs.
- Provide personalized healthcare solutions based on analysis of their genome by AI
Cure DAO
Cure DAO is a community-driven platform collaborating between non-profit organizations, governments, businesses, and individuals to find out how food, drugs, and millions of other factors affect human health. Cure DAO is open-source and anyone can join the network, buy tokens for data and intellectual property, or earn tokens by participating in creating custom plugins.
What Are the Features of Cure Dao?
- Create a foundational technology layer for developers in creating digital health applications.
- Provide a universal data availability layer for health data across different ecosystems.
- DAO aims to collect, manage, process, and store health-related data from various sectors from various sources.
Molecule
The molecule is a decentralized organization focused on bioscience and life science. This is a platform dedicated to researchers and funders. Funders can support research activities in the area of science in a transparent and impactful way. Research works are tokenized in blockchain as IP-NFT. Funders can invest directly in these NFTs contributing to the success of the research project. While researchers benefit from the necessary support and democratized funding with the help of molecule DAO. Additionally, tokenizing IP provides ownership and control over their work.
What Are the Features of Molecule Dao?
- The intellectual property managed in a decentralized manner avoids the risks associated with central authorities or intermediaries.
- Automated self-executing smart contract enables seamless execution of transactions in a less costly compared to traditional systems.
- The platform offers global access connecting investors, researchers, and projects around the world.
Conclusion
Decentralized Science DeSci has the potential to transform scientific development and research with the help of blockchain technology. The DAO dedicated to improving science and scientific development helps promote research works, investors can invest in potential projects, and democratized funding.
