According to a recent report published by MV Global, decentralized science (DeSci) is expected to achieve significant growth by 2025, driven by utility memecoins.
DeSci involves integrating blockchain technology into scientific research . Its goal is to revolutionize the traditional scientific ecosystem by increasing 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 through decentralized autonomous organizations (DAOs) . Notable examples include VitaDAO, HairDAO, and AxonDAO, which are still influential in the DeSci space.
However, the field has evolved significantly and become more diverse.
The report highlights a variety of use cases across approximately 30 active projects, including research funding, health data management, and open source research initiatives.
This diversification reflects the growing maturity and adaptability of the DeSci ecosystem , the report notes.
DeSci aims to build a more inclusive and equitable scientific ecosystem, enabling researchers and communities to collaborate and innovate without the constraints of centralized institutions.
The report points out a trend for 2024: the emergence of DeSci-specific memecoins .
While most programs have had limited success, two programs, Rifampicin and Urolithin A, have achieved notable development, with market capitalizations of approximately $73 million and $59 million, respectively.
These tokens were launched through the Pump.Science platform and, according to MVGlobal’s assessment, their utility far exceeds that of traditional memecoins.
Tokens are directly tied to scientific experiments , representing 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 successful interventions, creating a tangible link between token ownership and real-world scientific progress .
MV Global expects Pump.Science to achieve significant expansion in 2025, with at least 10 projects expected to have a market value of more than $100 million by the end of the year.
MV Global also predicts that health data management and open source collaborative research will also see significant growth by 2025 .
Projects like Hippocrat, which gives individuals the power to control their own health data, and ResearchCoin, which aims to build a “GitHub for scientific research,” are promising.
The market valuation of these two projects is expected to reach at least US$200 million by 2025.
The report also predicts a significant increase in DeSci projects, with at least 50 expected to be listed by the end of 2025. This growth reflects positive market sentiment and increased liquidity in the sector.
