Decentralized Science (DeSci) is poised for remarkable growth in 2025, fueled by utility memecoins, according to a recent report by MV Global.
DeSci involves integrating blockchain technology into scientific research. Its goal is to revolutionize the traditional scientific ecosystem by enhancing transparency, decentralization, and collaboration.
The report highlighted that while such a concept is not something new, the focus and scope of these initiatives have evolved. Initially, most projects concentrated on research funding through Decentralized Autonomous Organizations (DAOs).
Notable examples include VitaDAO, HairDAO, and AxonDAO, which remain influential players in the DeSci space. However, the sector has significantly evolved since then to become significantly more diverse.
The report highlighted approximately 30 active projects with various use cases, including research funding, health data management, and open-source research initiatives. It stated that this diversification reflects the growing maturity and adaptability of the DeSci ecosystem.
DeSci’s goal is to foster a more inclusive and equitable scientific ecosystem that empowers researchers and communities to collaborate and innovate without the constraints of centralized institutions.
Utility through memes
The report pointed out a trend in 2024: the emergence of DeSci-specific memecoin.
While most have seen limited success, two projects, Rifampicin and Urolithin A, have gained notable traction, achieving market capitalizations of approximately $73 million and $59 million, respectively.
These tokens are launched via the Pump.Science platform and offer far more utility than traditional memecoins based on MV Global’s assessments.
The tokens are directly linked to scientific experiments, representing specific compounds or interventions tested on organisms such as worms, flies, and mice. These tokens serve as funding mechanisms for research, provide real-time updates on experimental progress, and facilitate trading based on research outcomes.
Holders of these tokens can even sell rights to successful interventions, creating a tangible connection between token ownership and real-world scientific advancements.
MV Global projects significant scaling for Pump.Science in 2025, predicting at least 10 projects surpassing $100 million in market capitalization by year-end.
DeSci prospects
MV Global also projected that health data management and collaborative open-source research would also see significant growth in 2025.
Projects like Hippocrat, which empowers individuals to take control of their health data, and ResearchCoin, which aims to build a “GitHub for scientific research,” are seen as promising. Both are projected to reach a market valuation of at least $200 million in 2025.
The report also forecasted 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 within the sector.
MV Global predicts significant expansion for DeSci sector via utility memecoins
