Latest Perspective on Memecoins: A Review of the Popular Tokens in the DeSci Track

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Author: shaofaye123, Foresight News

From zoos to artists to AI, the wind of hype has now reached DeSci. As an unproven track, DeSci's tokens have taken off first. What exactly is DeSci, and which novel angle tokens are worth paying attention to?

What is DeSci?

DeSci stands for Decentralized Science. According to the Ethereum Foundation's definition, "DeSci is a movement to build equitable public infrastructure in the field of scientific research using the Web3 stack to fund, create, review, validate, store, and disseminate scientific knowledge."

The goal of DeSci is to leverage the advantages of blockchain technology to address challenges in traditional scientific research, such as difficulties in fundraising, insufficient data sharing, and low research transparency, thereby accelerating scientific discovery and innovation. Current projects mainly focus on solving funding issues, with most centered in the biotechnology field. According to Messari Research's categorization of the DeSci track, it is primarily classified into several categories: funding, research, data, peer review, publishing, infrastructure and services, art, open science ecology, and community.

The explosive popularity of DeSci in the Memecoin space can be traced back to last December when the narrative gained attention due to CZ's mention and the founding of ResearchHub by Coinbase's founder. Recently, Vitalik Buterin has brought it up again, Binance invested in BIO, and on-chain sentiment is high, leading to a series of rapid developments in DeSci.

Token Overview

RIF

RIF comes from the Pump.science platform and represents the compound Rifampicin (RIF). Pump Science is a meme launch platform introduced by the Solana ecosystem's DeSci platform Molecule DAO, which can be understood as a token-based lifespan extension experimental prediction game. Currently, the platform only has two tokens: RIF and URO.

RIF is traditionally known as Rifampin, belonging to the class of Rifamycin antibiotics. It is primarily used to treat various types of infections caused by multiple bacteria. It works by inhibiting bacterial RNA synthesis to treat infections and is one of the main drugs for treating tuberculosis, usually used in combination with other anti-tuberculosis medications. However, Rifampin has less impact on non-bacterial issues (such as aging or mitochondrial dysfunction). In previous trials, the antibiotic RIF extended the lifespan of worms by 32.87%.

Latest Memecoin Perspective: Overview of Hot Tokens in the DeSci Track

Current market cap: 181.6 M, with over 20,000 holding addresses.

URO

URO also comes from the Pump.science platform and represents the compound Urolithin. In the last round of trials, it extended life by 6.35%. Its potential effects include promoting autophagy and improving mitochondrial function, which are crucial for cellular health and anti-aging. By enhancing cellular repair and clearing damaged cellular components, Urolithin A may positively impact the long-term survival of cells. Under laboratory conditions, if aging or cellular damage can be repaired through this mechanism, it theoretically has the potential to extend the lifespan of the organism, making it significant for delaying aging or improving health status.

Latest Memecoin Perspective: Overview of Hot Tokens in the DeSci Track

Current market cap: 63 M, with over 10,000 holding addresses.

SCIHUB

SCI-HUB belongs to the concept of scientific donation. SCI-HUB is a platform that allows free access to and download of papers. It is currently controversial; supporters argue that it provides scholars and students worldwide with free access to papers, breaking the monopoly of scientific publishers and representing decentralized science. Critics, however, claim that SCI-HUB is a piracy site that uses various methods to bypass publishers' paywalls, providing millions of academic papers and works without regard for copyright issues, raising concerns about piracy compliance.

Latest Memecoin Perspective: Overview of Hot Tokens in the DeSci Track

This token is not officially issued; the top holder 0xAA purchased 22% of SCI-HUB tokens. It has been announced that 20% will be donated to the SCI-HUB Foundation, leading to a surge. It peaked at 70 M, with a current market cap of 52 M.

VITA

VITA belongs to DeSci DAO, focusing primarily on longevity research and fundraising, having raised over 5 million dollars. Its main area is concentrated in Europe, supported by Molecule. It establishes a portfolio of intellectual property and data assets, publicizing and tokenizing through data markets or traditional biopharmaceutical licensing and commercialization processes. VitaDAO's goals are to rapidly shorten the lifecycle of funding decisions; attract world-leading researchers by promoting open science principles; and democratize ownership.

Latest Memecoin Perspective: Overview of Hot Tokens in the DeSci Track

Current market cap: 153 M, deployed on Ethereum.

RSC

RSC is the native token of the ResearchHub platform, founded by Coinbase's founder Brian Armstrong. It is primarily used to incentivize users to publish high-quality content (new papers, reviews, peer reviews, and paper highlights) on the platform.

Latest Memecoin Perspective: Overview of Hot Tokens in the DeSci Track

Current market cap: 90 M, with 6,193 holding addresses.

ATH

AthenaDAO is focused on women's reproductive health. It currently covers four main research areas: ovarian aging and reproductive longevity; polycystic ovary syndrome and endometriosis; gynecological cancers; and reproductive technologies.

Latest Memecoin Perspective: Overview of Hot Tokens in the DeSci Track

Current market cap: 8.2 M, with 822 holding addresses.

GROW

ValleyDAO belongs to the field of synthetic biology for ecological climate protection. Holders of the GROW token can participate in the decision-making process, influencing which synthetic biology projects receive funding and how the resulting intellectual property is licensed and commercialized.

Latest Memecoin Perspective: Overview of Hot Tokens in the DeSci Track

Current market cap: 8 M, with 669 holding addresses.

HAIR

HairDAO is part of the DeSci movement initiated by BioDAO, dedicated to funding early-stage hair loss research and has already obtained relevant patents. Through early financing, new hair loss treatment methods can be brought to market. This project was launched in November 2021 and is one of the first members of bio.xyz.

Latest Memecoin Perspective: Overview of Hot Tokens in the DeSci Track

Current market cap: 59.6 M, with 345 holding addresses.

The narrative of DeSci has not yet truly taken off, with tokens leading the way. After the hype, the road to decentralized science still has a long way to go.

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