One of the most cited scientific journals in the world, Nature, with nine million monthly readers reviewed cryptocurrency project from the decentralized science (DeSci) category of ResearchHub. Why did the popular publication become interested in this topic and what projects do this sector represent in the cryptocurrency market? RBC Crypto.
DeSci (Decentralized Science) — involves the use of blockchain and cryptocurrencies to finance scientific research or other knowledge of this nature. DeSci projects can issue tokens to synergize the ideas of decentralization and science financing. According to Coingecko, as of December 12, the total capitalization of such cryptocurrencies was close to $1.3 billion.
The Nature article looks at the ResearchHub platform, which pays reviewers a cryptocurrency reward for independently reviewing new research papers. Article authors pay $1K per article processing fee, and ResearchHub takes 7% of all transactions on the site, 2% of which is returned to the community.
The project launched in 2020 and has the support of Coinbase CEO Brian Armstrong, who spoke at the ResearchHub Journal presentation in San Francisco last month. writes Cointelegraph.
However, as Nature wrote, ResearchHub will be difficult to succeed due to its radically different approach to the scientific research market. Using such platforms is also complicated by the fact that reviewers will have to deal with cryptocurrency and exchanges so that they can exchange their earnings for real money.
The ResearchHub project token (RSC) has grown by about 20% over the past 24 hours, according to Coingecko on December 12. And about five times since the beginning of November. Its capitalization is almost $100 million.
The rise in RSC quotes coincided with an increase in the number of queries for decentralized science in Google search (according to data Google Trends). On a scale of 0 to 100, the analytics platform shows an increase from 0 in early November to a value of 69 on December 12, peaking at 100 in late November. The situation is similar at DeSci’s request.
Search frequency in Google Trends is used in the crypto market to track community interest in certain trends or issues. Peak values often coincide with price highs. For example, peak search volumes for the word Bitcoin coincided with the highs of bull markets in 2017, 2021, and 2024.
Top 10 from the DeSci category
In addition to ResearchHub, Cryptorank researchers allocated list of top 9 projects in the DeSci sector.
OriginTrail — a decentralized knowledge base that combines blockchain and artificial intelligence, which, as planned, will allow any project participant to exchange trusted knowledge.
VitaDAO is a global distributed society that funds and incubates research on aging with the goal of commercializing the resulting information.
Hippocrat is a crypto project that allows you to control your medical data using blockchain technology, while simultaneously protecting user data from third-party interference.
Rifampicin — the crypto platform finances and gamifies longevity experiments. Their native cryptocurrency allows you to participate in shared ownership of the results of experiments.
Data Lake — a startup is creating a global medical data system based on blockchain. The system allows you to safely and conveniently give or withdraw consent to the use of this data in scientific and medical research.
GenomesDAO is a private and secure DNA data bank, the creators of which claim data transparency and independent control of the owner over it.
Urolithin A is a project tracking longevity experiments.
DeepWorm – an autonomous digital organism. The project combines biological neural networks with blockchain technologies to create a living digital being with continuous autonomous function.
Rejuve.AI is a decentralized platform that brings together various longevity studies, providing participants with personalized recommendations.
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Source: Cryptocurrency
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