The evolution and understanding of DeSci.
In the field of knowledge exploration and sharing, there have long been a series of pain points, particularly regarding the lagging infrastructure for the maintenance, access, ownership, and revenue distribution of IP related to research or knowledge. These issues are especially prominent in academia. Balancing security, transparency, reward mechanisms, and accessibility in the complex field of knowledge sharing and discovery has always been a persistent challenge. Traditional models typically rely on centralized verification systems, which limit inclusivity and widespread participation, while existing systems may fail to adequately reward or recognize knowledge contributions, thereby impacting the development of a comprehensive and collective knowledge base.
The rise of DeSci (Decentralized Science) is precisely in response to these challenges. The central idea of DeSci is that everyone has an equal opportunity to access any level of science and knowledge, and the process of scientific research should be open and transparent to the public. DeSci is dedicated to creating an ecosystem where contributors of knowledge are incentivized to share their research results, and anyone can browse or even iterate on this content without permission. This vision aims to break down the barriers of traditional scientific research, promote dynamic collaboration of resources on a global scale, explore more efficient economic systems, and emphasize the value of tokens and reputation, as well as peer review.
However, DeSci also faces criticism. Its original intention was to create an ecosystem for scientists or scholars to share academic research and obtain research IP ownership, while for other users, the sense of participation is more about easier access to these academic studies. This raises the question: has the academic ivory tower truly been broken? Are the core players in the ecosystem still the top scholars?
From a certain perspective, the problem with DeSci is that it is too idealistic and noble, making it difficult to realize the true value of Web3, namely community effects and efficient economic systems. If the foundation of DeSci is not an open knowledge contribution platform, but rather an active ecosystem based on an efficient token system and strong community effects, then the motivation for users to broadly participate, hold, and trade tokens becomes particularly important.
A new perspective on DeSci and the rise of BIO Protocol.
To build a more attractive DeSci ecosystem, we need to revisit the definition of DeSci. Science is not equivalent to Knowledge; DeSci should not be confined to the realm of scientists but should lower the threshold for the general public to access science. Therefore, it is better to avoid using 'science' and instead emphasize 'knowledge,' as knowledge can take any form and belong to any field. Contributing knowledge in one's area of expertise or interest is inherently attractive and can easily lead to viral engagement, making community participation possible and allowing Web3 to realize its maximum value.
DeSci should be a pyramid structure, categorizing participants and contributors across the entire knowledge-sharing chain into different levels, where each role is indispensable. Scholars, as the top participants of the pyramid, contribute the core DeSci values while also bringing explosive potential to projects. For example, if DeSci can participate in or facilitate the market launch of a certain drug, it will bring immeasurable volume to the field and the project. Meanwhile, community users as the base participants also have their own roles; they maintain the efficient operation of the entire ecosystem and economic system.
Deconstructing BIO Protocol: the largest DeSci infrastructure, with numerous BIO subnetworks co-creating ecological prosperity.
In this context, BIO Protocol, as the largest DeSci infrastructure, attracts widespread attention with its unique positioning and functions. BIO Protocol is a decentralized scientific financial infrastructure aimed at promoting biotechnology innovation through community collaboration. It provides tools for funding, developing, and governing scientific intellectual property for global communities, including patients, scientists, and biotechnology professionals, to accelerate the commercialization of biotechnology research.
The core functions and operational mechanisms of BIO Protocol lie in supporting decentralized organizations for biotechnology (BioDAOs). By developing a customized public blockchain, BIO Protocol ensures that the technology of biotechnology as well as the development, commercialization, and transaction processes are transparent, verifiable, and secure, while reducing transaction costs. Its IP-Token mechanism is based on smart contracts, where each IP asset has its own independent token, defining its ownership and trading rules. Users can trade to obtain partial or full ownership, creating possibilities for circulation and trading in the secondary market while protecting the IP of biological science research.
Moreover, BIO Protocol is based on a DAO structure, where members manage and fund research projects through voting with BIO tokens. Each DAO can gather specialized research fields, such as VitaDAO focusing on longevity research and CryoDAO concentrating on cryobiology.
The operational model and ecosystem construction of BIO Protocol.
The ecosystem of BIO Protocol consists of multiple BioDAOs, each focused on a specific scientific field and supported by BIO Protocol to obtain continuous funding, liquidity, and infrastructure support, accelerating research progress and improving project success rates.
1. BioDAO
BioDAOs are decentralized autonomous organizations within the BIO Protocol ecosystem. They receive startup funding, liquidity support, governance, IP commercialization, and standardized framework support through BIO Protocol. The parent platform, BIO Protocol, provides comprehensive empowerment to BioDAOs, ensuring that they can efficiently and orderly promote scientific research.
2. Curation
The curation mechanism of BIO Protocol aims to select and support the most promising BioDAOs to join the BIO ecosystem. This mechanism is driven by the BIO community and determines through voting which emerging scientific organizations are worthy of receiving funding and ecological resources. This process includes application submission, voting support, and curation rewards, ensuring the quality of BioDAOs and the healthy development of the ecosystem.
3. Reward Mechanism
BIO Protocol provides rewards in the form of BIO tokens through the Bio/Acc reward mechanism, including initial token auctions, research funding, IP-related consumable product releases, and products entering clinical trial phases, among other scenarios. These rewards not only incentivize the development of BioDAOs but also attract more users to participate in the construction of the BIO ecosystem.
4. IP-Token
BioDAOs develop and hold ownership of IP tokens, with each BioDAO typically holding a combination of IP tokens related to its specific scientific research field. The operation of IP Tokens not only provides holders with potential profit-sharing rights but also grants governance rights and priority access, further promoting the development of biotechnology innovation.
The investment value and future outlook of BIO Protocol.
In the field of scientific research, balancing security, transparency, and incentives has always been a challenge. BIO Protocol has constructed the largest DeSci platform to date, ensuring security and transparency while financializing scientifically valuable research results. Through numerous BIO subnetworks selected by the community (such as VitaDAO), the value created by users is commercialized and profit-sharing is returned to users. Therefore, BIO tokens will continue to capture the value created by all DeSci subnetworks, becoming the most valuable token in the DeSci field.
In the long term, the demand for health and longevity will continue to increase, and BIO Protocol greatly lowers the participation and usage thresholds in related fields, making it a project worth long-term investment. Additionally, the products of BIO Protocol have undergone long-term accumulation and iteration, with star projects like VitaDAO emerging in the ecosystem, proving that the operational model of the products is feasible and that there is demand from capital and academia for the products. Furthermore, the founding team has strong experience in both research and the Web3 field, providing robust assurance for the project's success.
The future of DeSci: beyond research and finance.
The imaginative space that DeSci brings to the industry is by no means limited to research or drug discovery. If the scope of DeSci is confined to science alone, the value and scalability of this field will be greatly restricted. However, if the concept of knowledge co-construction is added, 'knowledge' here can encompass any field, any dimension, or any size of data, then the process of building DeSci resembles constructing a vast dynamic database.
Furthermore, DeSci should fragment knowledge; rather than saying DeSci has built a decentralized research platform, it is more accurate to say that DeSci is creating a system where everyone has the opportunity to participate in knowledge co-construction. This approach complements the community nature of Web3, as DeSci's ecosystem will facilitate the organization of data across different fields, such as Gym DAO gathering people interested in fitness or possessing related knowledge, and Longevity DAO bringing together individuals interested in biomedicine.
With the support of DeSci, any knowledge contributed has the opportunity to be continuously enriched by other contributors, and DeSci also allows each participant's contributed data to generate value and receive ongoing profit sharing. This mechanism encourages user participation while promoting data quality. If fragmented data is collected through community co-construction to form a scaled dataset, it will produce a chemical reaction of 1+1>2.
However, within such a vast system, there inevitably exist users who contribute little or merely fill the ranks. Yet, the generation of this junk data does not impede the operation of the system, and these users will be allowed to provide data, allowing them to participate in staking for a chance to earn minimal community incentives. This inclusivity makes the DeSci ecosystem more robust and diverse.
As the largest DeSci infrastructure, BIO Protocol is driving biotechnology innovation and dynamic collaboration of global research resources with its unique positioning and functions. As the ecosystem continues to develop and improve, BIO Protocol is poised to become a leading enterprise in the DeSci field, bringing revolutionary changes to both research and finance. At the same time, the future of DeSci will also transcend the domains of research and finance, becoming an important force for social progress and innovation.