Latest news with #DesSci
Forbes
02-04-2025
- Science
- Forbes
4 Lessons From DeSci Boom And Bust Token Cycles
The DeSci sector tokens have generally declined ShutterStock At the beginning of 2025, the Decentralized Science, also called DeSci, movement experienced significant momentum, marked by several key developments such as the emergence of new projects, market growth and investment, technological advancements, and community and collaboration. However, recent developments in the industry have presented substantial market challenges for DeSci tokens. According to Binance, one of DesSci's most prolific tokens, for the BIO Protocol, took a large plummet. After a meteoric rise of 2,700%, BIO's value plummeted to $0.1214 by March 7, 2025, erasing approximately $1.1 billion in market capitalization. This decline was attributed to market saturation, profit-taking, geopolitical tensions, and stalled adoption within the biotech community. Nansen Insights, newly released report: DeSci – The Future of Science or Pure Window Dressing? penned by Research Analyst - Nicolai Sondergaard, examines whether DeSci is genuinely solving issues within the scientific community or if it's part of a broader trend within the evolving crypto landscape. The report asserts the world of decentralized science (DeSci) has been volatile, with tokens linked to DeSci projects seeing explosive early gains of up to 1,000% before crashing by as much as 74%. Despite these dramatic fluctuations, interest in DeSci continues to grow, driven by the promise of transforming scientific research and funding. Nansen's latest report, Nicolai's Key takeaways regarding DeSci, as reflected in the report, are: While the DeSci movement aims to revolutionize scientific research through decentralization and blockchain technology, its associated tokens currently face significant market challenges. The future trajectory will depend on addressing adoption barriers, clarifying regulatory frameworks, and demonstrating tangible benefits to the scientific community.
Forbes
01-04-2025
- Science
- Forbes
DeSci Boom Or Bust?
The DeSci sector tokens have generally declined At the beginning of 2025, the Decentralized Science (DeSci) movement experienced significant momentum, marked by several key developments such as the emergence of new projects, market growth and investment, technological advancements, and community and collaboration. However, recent developments in the industry have presented substantial market challenges for DeSci tokens. According to Binance, one of DesSci's most prolific tokens took a large plummet. BIO Protocol (BIO) after a meteoric rise of 2,700%, BIO's value plummeted to $0.1214 by March 7, 2025, erasing approximately $1.1 billion in market capitalization. This decline was attributed to market saturation, profit-taking, geopolitical tensions, and stalled adoption within the biotech community. Disrupting Traditional Science or Just Another Crypto Hype? – Nansen Insights Nansen Insights, newly released report: DeSci – The Future of Science or Pure Window Dressing? penned by Research Analyst - Nicolai Sondergaard, examines whether DeSci is genuinely solving issues within the scientific community or if it's part of a broader trend within the evolving crypto landscape. The report asserts the world of decentralized science (DeSci) has been volatile, with tokens linked to DeSci projects seeing explosive early gains of up to 1,000% before crashing by as much as 74%. Despite these dramatic fluctuations, interest in DeSci continues to grow, driven by the promise of transforming scientific research and funding. Nansen's latest report, Nicolai's Key Takeaways Regarding DeSci Reflected in the Report Are: While the DeSci movement aims to revolutionize scientific research through decentralization and blockchain technology, its associated tokens currently face significant market challenges. The future trajectory will depend on addressing adoption barriers, clarifying regulatory frameworks, and demonstrating tangible benefits to the scientific community.
