Why are all top crypto icons diving into DeSci? What is happening?

The Spaces focused on the emerging trend of prominent crypto figures venturing into the decentralized science (DeSci) space. Various speakers discussed the integration of DeSci with blockchain to drive transparency, data ownership, and democratization of scientific research. Speakers from companies like Mudu, Zaya, and Biohacker DAO shared insights on their groundbreaking projects in genetic analysis and AI-driven healthcare solutions, highlighting their impacts on personalized health and potential to reduce inefficiencies in traditional medicine. The panel also covered the potential for DeSci to onboard the next wave of users from Web 2 to Web 3, driven by real-world utility, transparency, and reward systems.

Overview of the Twitter Spaces Recording on Decentralized Science (DeSci)

Introduction

The recording begins with Ashley, co-founder of Be Doctor AI, setting up the space and introducing the panel, which includes representatives from several innovative projects in the DeSci space: Mudu, Zia, Bio Hacker Dao, and Hippocrat. The focus is on exploring why significant figures in the crypto space are diving into DeSci and the implications for the future.

Initial Project Introductions

Mudu - Nathan

Nathan, CEO of Mudu, shares that Mudu is a DNA and epigenetics company that has integrated blockchain technology to give individuals control over their health data. With a robust customer base and a focus on personalized health journeys, they aim to enhance user autonomy in data usage.

Zia - Mr. Spread

Mr. Spread describes Zia's work on predictive and diagnostic AI models for pathology. With support from Google's AI accelerator and collaborations with governments, Zia aims to revolutionize disease detection, notably tuberculosis and bladder cancer, by creating scalable AI tools.

Discussion on the DeSci Movement

The central theme is why notable figures in the blockchain industry, like CZ from Binance and Vitalik Buterin from Ethereum, are keenly interested in the DeSci movement.

Insights Shared

Mr. Spread's Viewpoint: He suggests that many crypto leaders are now pursuing projects with more societal value, such as health and longevity, because they have achieved financial success. He highlights a maturation in the crypto community, seeking lasting impact.

Nathan's Perspective: Emphasizes a global shift toward preventive healthcare and the role of blockchain in fostering transparency. He argues that blockchain can offer trust and ownership of health data, which traditional systems fail to provide.

Bio Hacker Dao - Mgo's Input: He underscores the idea that for crypto to grow sustainably, it must connect with real-world use cases, like science and health, to appeal to broader audiences who are interested in tangible real-world impacts.

Potential for Adoption and Market Influence

Mass Adoption: The consensus is that DeSci could be the next major sector to attract a vast number of new users to the crypto space, similar to how GameFi did by attracting gamers. The potential lies in making technology seamless and focusing on health outcomes that are universally relevant.

Market Cap Growth

Panelists discuss whether DeSci projects can achieve top rankings by market cap like other blockchain projects.

Mgo from Bio Hacker Dao: Believes that DeSci has the opportunity to integrate substantial non-crypto funding into blockchain ecosystems, potentially leading to multibillion-dollar growth if executed correctly.

Hypocrates: Points to previous trends like gaming that became accessible to the masses, suggesting that DeSci's practical real-world benefits could have a similar mass appeal.

The Role of Institutional Players

There’s speculation about whether traditional pharmaceutical companies (e.g., Pfizer, AstraZeneca) will adopt DeSci or stay separate. The consensus is that while large institutions may not be quick to change, partnerships with DeSci could facilitate a gradual shift as they recognize blockchain's value.

Conclusion and Final Remarks

The session ends with a call to action for collaboration among crypto and traditional science communities to foster innovation and drive meaningful impacts in public health. Participants express gratitude, optimism for the DeSci movement, and eagerness to see how it evolves and integrates with traditional sectors.

Overall, the discussion highlights enthusiasm for the potential of DeSci to transform both the blockchain and healthcare industries, driven by experts' genuine commitment to societal benefit and the influence of powerful crypto leaders.