What's Decentralized Science? [ DeSci Explained ]

Imagine a world where patients and their families can directly fund scientists developing the next breakthrough drug or treatment that they need.

A world in which drug development is a collaborative, open, and decentralized process.

Such a future is not only possible, but the decentralized science movement is making it a reality. Through blockchain, crypto, and NFTs of course.

And that’s exactly what we are going to uncover on today’s CoinMarketCap episode:

0:00 - Decentralized Science
2:48 - Problem #1 Finding Funding
4:15 - Problem #2 Journals
6:25 - Problem #3 Information sharing
8:38 - Molecule
10:15 - VitaDAO
11:30 - Decentralized Science
13:17 - Opscientia
14:43 - LabDAO

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[Molecule_dao]

Wow, thanks so much to the CoinMarketCap team for this amazing & well done explainer video - such a great value for the whole DeSci community and of course thanks a thousand times for mentioning molecule and the other projects in there as well! 🙂🙏

Let´s all work together on this 🔬💙

[HG_NL]

Man, this is a badass idea!!!! It's open/ transparant, easy to fund by everybody, non-significant result can be seen (research will be even better, you can learn maybe more from non- significant results)

[jocelynnpearl]

Amazing! Thank you for producing such a concise video explainer of the DeSci space!

[rubalu]

Very insightful, this is a big deal for researchers and data verification.

[dominiquebarbouth]

Hi! Can you please share the resources where you got the information about academic publishing ownership and profit estimate ? Where does those numbers come from?

[AvimanyuBandyopadhyay]

This is incredible. This comprehensive but spot on video explainer was so so needed. Thank you so much 🙏!

[DoxRaea]

One of the best videos I've seen regarding the subject, excellent explanation and very relevant information, it was just what I was looking for, thank you, I hope you continue uploading content, you have my support

[santanubanerjee]

Hi! I have a great idea regarding this. How do I connect to DeSci?

[MikeHobbiton]

The Science DAO has been in development over the past year. It's a first of it's kind never done before for funding for the sciences. $THRY

[bruce]

I wonder how does ethic would work in DeSci. Projects like DNA modifying babies(there is one case at least), using social media to influence political campaigns. Don’t think if we will ever be 100% ethical in science, there has always been big govt big companies or just rich institutions funding scientific studies to do something shady. Maybe we can also do something like decentralized ethic.

[niphanif]

Making a video about crypto is more profitable than involving crpyto for most of us

[degenplanet]

You guys are comical, you talk about Molecule but you haven't listed their dao: Vitadao they applied for listing months ago and you still haven't listed them, hello?

[skylinedev]

Honestly, good PR, but I am bearish on this idea.
// can I have the bearish button on youtube? 🤣
Here is my opinion~~
Patients and families do not have expertise knowledge fund drug initiatives. And often those IP investment has long cycle and high risks for commercialization. It might work for B2B buyers who shop IP to accelerate their R&D. Instead, DeHealthCare who support primary doctors and lower costs of primary care is more relevant for patients and families to participate.

[rejoinslarepubliquedebourg]

Let's get rid of fake science of lobbies telling us to do 4 doses of poison per year for a cough.

[aydemirgulsen]

Merhaba, sizinle iş birliği hakkında konuşmak istiyorum, iletişim bilgisi verir misiniz??

[joshualee]

what a terrible idea, and I say this as a scientist.