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Web3 in Science: How DeSci and Blockchain Might Help Science Progress More
Web3 technology and the use of cryptography techniques might gradually become larger than life. Its usage and application are on their way to reaching the mainstream audience as well as several industries. We are seeing artists, musicians, game developers, tech conglomerates leveraging Web3 to reap benefits. Moreover, a lot of research and development in Web3 technology is already underway. Another such attempt is already underway by some of the brightest minds working together to use Web3 in science. DeSci is exploring Web3 and its features to address the problems evident in science. In a recent DeSci London conference, the apparent theme was the challenges in Sciene and how Web3 can play a part in providing solutions. But does Science really need Web3? Or does Web3 really has a solution to the problems in science?
DeSci London and Web3
DeSci, as the name suggests, is working to decentralize science and empower researchers working in it. Their projects have a broad scope, with goals ranging from enhancing publishing infrastructure to advancing research in longevity, rare diseases, climate technology, and synthetic biology.
Despite the challenges of a global economic slowdown and another cryptocurrency crash, the DeSci community seems to be expanding. This is evidenced by the success of the DeSci London conference, which was held at the esteemed Crick Institute and featured an impressive lineup of speakers and supporters, attracting hundreds of attendees over the course of two days.
The conference had two overwhelming themes; science has problems, and crypto is the panacea.
Challenges evident in Sciences
According to the experts’ panel, science and scientists have a vast array of problems. Although the first claim is compelling, it is not unique to the DeSci movement. There is a complex set of challenges that hinder our ability to advance scientific progress, including issues with funding allocation, data accessibility, intellectual property management, and the disproportionate influence of institutions. DeSci participants are of the view that Web3 will play a critical part in providing solutions to these problems as a significant accelerator and enabler.
Some of the community members in science do argue that there is no ‘need’ for Web3. Web3 guarantees transparency, DAOs, and an innovative reward system. However, there are several examples of independent organizations working successfully without using Web3. There are open-source programs or projects like Linux Kernel, Wikipedia, PubMed, and open-source libraries. These projects are running successfully without the intricacies and complexities of blockchain, crypto wallets, ledgers, and decentralized computer storage.
DeSci and Web3 Benefits
New Funding Venues for Science
Elsewhere, it has been elegantly explained that there are intriguing possibilities to revolutionize scientific research funding by incorporating cryptocurrency principles. While the web3 stack is not a prerequisite for these opportunities, its formalization of concepts such as quadratic funding could prove beneficial. VibeBio is one such company venturing into this realm.
Nonetheless, it is important to keep in mind that the ultimate goal is not simply to utilize blockchain for funding allocation, but rather to improve scientific research. This entails achieving outcomes such as
One of the main objectives of revolutionizing scientific research funding through the implementation of crypto principles is to increase the overall amount of funding available. This is achievable by widening the pool of both funders and recipients, ensuring that more individuals and organizations have access to funding opportunities. Additionally, streamlining the allocation process and shortening the time it takes to distribute funds can have a significant impact on research progress. Ultimately, the aim is to enable more useful research to be conducted. Including replication studies, which can help to verify and build upon existing research findings.
IP NFTs
Others have already effectively articulated the potential for IP-NFTs (as demonstrated by the work of Molecule) to transform the field of scientific innovation by creating clear pathways for the allocation and management of the intellectual property. There is good reason to believe that this approach could revolutionize the landscape of research and development. In fact, it is even possible to extend this approach to patient data. This will allow for more secure and transparent sharing of this critical information.
Play to Earn Games News
Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You'll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games. Check out our Top Games and game lists to discover the best play-to-earn games. And don't forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you'll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToearn Game news writers will cover it.
Moonhop's Astonishing Presale Success and the Cryptocurrency meme coin Battle
In the dynamic realm of cryptocurrency, where the digital gold rush meets playful innovation, three contenders emerge at the forefront of the meme coin craze: shiba Inu (SHIB), FLOKI, and the new entrant MOONHOP As shiba Inu's resilience becomes apparent through its price increase and FLOKI showcases a jaw-dropping 500% surge, MOONHOP astonishingly pencils itself in as the potential leader of the pack Boasting a unique presale achievement and fostering a vibrant community dubbed The Fluffle, MOONHOP spells a new chapter in the meme coin saga Let's dive into the narrative of these digital currencies, exploring their distinct journeys and unearthing why MOONHOP could very well be the future's meme coin of choice
shiba Inu Price Rises Amid Declining Metrics
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Unlocking the Future: The Arrival of Claude on Android Devices
Picture this: You're racing against the clock, needing to draft a business proposal, translate a foreign menu, brainstorm the perfect gift, or even compose an eloquent speech—all while on the go Enter the realm of Claude, the latest generative AI model to hit the Android marketplace, making these daunting tasks not just possible but effortless Launched by Anthropic, this advanced tool is here to transform how we interact with our digital companions, ensuring seamless assistance regardless of the task at hand
Seamless Multi-Platform Experiences
What sets Claude apart isn't just its availability on Android following its iOS debut, but its seamless multi-platform adaptability Imagine starting a conversation or a task on your web browser, then picking it right where you left off on your smartphone, be it iOS or Android...
In the fast-paced world of internet gaming and digital innovation, unique ecosystems like Pixelverse are making headway, captivating millions with their cutting-edge concepts and integration of advanced technologies Recently, this cyberpunk-themed gaming universe has made headlines by securing a whopping $2 million in additional funding, a move that underscores the growing confidence and interest from the investment community With contributions from prestigious venture capitalists and high-profile angel investors, Pixelverse's journey into the fusion of web3 intellectual properties with real-world applications looks more promising than ever
Emerging Brighter and Stronger
The recent infusion of $2 million was made possible through the combined efforts of Arc Community, Crit Ventures, and Galaxy Interactive, alongside contributions from famed angel investors such as Alex Kruger, Luke Belmar, Coco Bear, and Mike Dudas, the founder of The Block This significant financial boost aims to broaden the horizons of the Pixelverse ecosystem, bringing in new developments that promise to captivate and engage millions...