Decentralized science (DeSci) is expected to experience significant growth in 2025, driven by practical memecoins, according to a recent report published by MV Global.
DeSci involves integrating blockchain technology into scientific research. Its goal is to revolutionize the traditional scientific ecosystem through increased transparency, decentralization, and collaboration.
The report highlights that while the concept is not new, the focus and scope of these initiatives have changed.
Initially,most projects focused on providing research funding throughdecentralizedautonomous organizations (DAOs). Notable examples include VitaDAO, HairDAO, and AxonDAO, which remain influential in the DeSci space.
However, the field has evolved significantly and become more diverse.
The report highlights approximately 30 active projects for a variety of use cases, including research funding, health data management, and open source research initiatives.
The report notes that this diversification reflects the increasing maturity and adaptability of the DeSci ecosystem.
DeSci's goal is to build a more inclusive and equitable scientific ecosystem that enables researchers and communities to collaborate and innovate without the constraints of a central agency.
The report points out a trend in 2024: the emergence of DeSci-specific memecoins.
While most projects have had limited success, two projects, Rifampicin and Urolithin A, have achieved significant development, with market values reaching approximately US$73 million and US$59 million respectively.
These tokens were launched through the Pump.Science platform and according to MVGlobal’s assessment, their utility far exceeds traditional memecoins.
Tokens are directly related to scientific experiments and represent specific compounds or interventions tested on organisms such as worms, flies, and mice.
These tokens can serve as a funding mechanism for research, provide real-time updates on experimental progress, and facilitate transactions based on research results.
Holders of these tokens can even sell the rights to successfully intervene, creating a tangible link between token ownership and real-world scientific advancement.
MV Global predicts that Pump.Science will achieve significant expansion in 2025, and it is expected that at least 10 projects will have a market value of more than US$100 million by the end of the year.
MV Global also predicts that health data management and open source collaborative research will also experience significant growth in 2025.
Projects like Hippocrat, which gives individuals the power to control their own health data, and ResearchCoin, which aims to create a "GitHub for scientific research," are promising.
It is expected that the market valuation of these two projects will reach at least US$200 million by 2025.
The report also predicts that DeSci projects will increase significantly, with at least 50 projects expected to be on the market by the end of 2025. This increase reflects positive market sentiment and increased liquidity in the sector.