🤔 This week: TSLA Q3 earnings report - is now the right time to buy the EV giant?Explore TSLA Data

DeSci To Disrupt Science Just Like DeFi Disrupted Finance

Published 12/16/2023, 03:57 AM
Updated 12/16/2023, 04:15 AM
DeSci To Disrupt Science Just Like DeFi Disrupted Finance

  • Discover Crypto lists projects spearheading growth in the decentralized science (DeSci) space.
  • Vita DAO, Molecule DAO, and Genomes DAO were listed as projects leveraging blockchain to improve funding and protect data.
  • Vita DAO and Genomes DAO have tradable tokens with a market cap of $30 million and $3 million, respectively.

Amidst increased conversations around decentralized science (DeSci) potentials, the host of the cryptocurrency YouTube channel Discover Crypto, in a recent video, highlighted notable players spearheading growth in the space.

The video stated that DeSci has disruptive potential, given its reliance on blockchain and decentralization. Furthermore, Discover Crypto compared this disruptive potential to that seen during the emergence of Bitcoin.

While Bitcoin revolutionized the financial space, DeSci is expected to drive changes to various parts of the science and research ecosystem. That includes keeping research open and trustless through a decentralized ledger accessible to all.

As noted in the video, Vita DAO is one of the key players in this emerging ecosystem. Notably, the project is a community-driven collective dedicated to f…

The post DeSci To Disrupt Science Just Like DeFi Disrupted Finance appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.