Vitalik and CZ Met at Decentralized Science Meeting: What is DeSci and What Are The Best DeSci Crypto to Buy?

Changpeng Zhao and Vitalik Buterin appeared at a Binance Decentralized Science event. Which DeSci crypto should I buy for the upcoming DeSci narrative?

Decentralized science (DeSci) is a scientific research model that uses Blockchain technology to promote transparency, collaboration, and open access to scientific knowledge. DeSci aims to address challenges in traditional science, such as a lack of funding, data sharing, and publishing.

DeSci is still a relatively new industry within crypto. This is evidenced by its combined market cap barely exceeding $750 million and only 25 projects listed under the Decentralized Science category on CoinGecko .

To highlight how early we are, the DePIN (Decentralized Physical Infrastructure Network category has over 50 projects and a combined market cap of $30 billion.

The various DeSci projects use blockchain technology and the Web3 world to tackle multiple issues. These include cancer research, biotech, anti-aging tech, decentralized healthcare, scientific funding, and transparency.

( Source )

The Cat Might Be Out Of The Bag Now CZ Vitalik Are Taking A Public Interest In DeSci

Interest in DeSci may be about to explode following a small gathering held by Binance Labs for select innovators and entrepreneurs. The main topic of said gathering? Bringing science on-chain, aka DeSci. During the talk, CZ said, “Crypto has finally been validated enough to come to science.”

Another big player in the crypto space, Brian Armstrong, has also taken a keen interest in DeSci. The Coinbase CEO spoke highly of the sector at the Sora Summit at the end of 2023. During the event, he discussed the emerging subsector and its pivotal role in the development of Web3.

DON’T MISS: Upcoming Binance Listings in November 2024

Today, we will take a look at three DeSci projects that look massively undervalued and could be set to explode as the Decentralized Science sector grows within prime bull market conditions:

VitaDAO (VITA) – Longevity Research Project Backed By Vitalik Buterin Himself

https://twitter.com/Crypto_Oracle_J/status/1857059957322957067

VITA is currently the second largest DeSci project by market cap, per CoinGecko data. To fully understand how early we are into the DeSci narrative, the second largest token has a market cap of less than $80 million. Let that sink in for a moment.

VitaDAO Price Trading volume in 24h Last 7d price movement is a community-owned collective that funds early-stage longevity research and is governed by holders of the VITA token. On the project website dashboard, VitaDAO transparently displays its metrics.

The firm has deployed more than $4.2 million across 24 different research projects thus far. Over $6 million in liquid funds are still ready to be granted to future projects.

At yesterday’s DeSci gathering hosted by Binance Labs, Vitalik showed the attendees his sample of VitaDAO’s first longevity product, VD001. It is a natural high-dose spermidine supplement approved by the Thai FDA.

This fuelled speculation about the Ethereum co-founder’s seemingly deep ties with VitaDAO. He has been following their social media accounts for some time now and is a known proponent of longevity research. Therefore, seeing him showing off his VD001 sample is no surprise.

VITA has increased more than +50% over the past 24 hours following Vitalik’s endorsement of the firm and the overall spike in DeSci interest.

Even with the recent spike in price, VITA’s market cap is still under $80 million. As previously mentioned, VitaDAO is the second-largest DeSci project by market cap in a sector gaining mainstream attention.

CZ, Brian Armstrong, and Vitalik’s bullish attitude toward DeSci lend credibility to this undervalued sector. A 600% increase in price from here will put VITA’s market cap at just north of $500 million.

To put this into context, the second largest DePIN project (Bittensor) has a current market cap of more than $3.5 billion.

All of this information suggests that the odds are favorable for VITA to become a $1 billion+ token by the time this bull market comes to a close.

( Source: CoinGecko )

EXPLORE: Will Bitcoin Hit $100K This Week? BTC Stares Down Six-Figure Price

Data Lake (LAKE) – Enhancing Scientific Research With A Focal Point On Often Neglected Areas

https://twitter.com/38Elegance/status/1856766502034104581

Data Lake Price Trading volume in 24h Last 7d price movement was started by two medical doctors and entrepreneurs, Ligia Kornowska and Wojciech Sierocki. In December 2020, both individuals were featured in Forbes 30 Under 30.

The company’s initial capital was obtained through European Union funding. Its first product was a consent management system for the Donate Your Data Foundation, which was co-created at that time by more than 30 different industry organizations.

Data Lake started working with further life sciences partners and patient organizations to carry out successful projects in registry science, patient support programs, and preselection to clinical trials.

Data Lake quickly became one of the leaders of the Decentralized Science movement. It promotes community and patient involvement in scientific research and brings attention to neglected areas of research and diseases.

Data Lake further developed its custom technology for managing patient recruitment and consent for research, marketing, and medical procedures. The technology is based on Data Lake’s own blockchain, the Data Lake Chain. The chain is a roll-up built on top of the Arbitrum Orbit tech stack.

LAKE represents a truly undervalued gem within the DeSci sector. Its current market cap is around $8 million, with its all-time high coming in February of this year, where it topped out at $34 million.

To get back to that point represents a gain of over 550%. At that point, LAKE will enter price discovery in a full bull market within a fast-emerging sector.

Conservative targets for LAKE would mean a market cap of around $250 million, 30x from its current valuation.

( Source: CoinGecko )

Bonus Token: Is Crypto All-Stars The Next 100x Meme Coin Play?

Crypto All-Stars ($STARS) is a new meme coin on the market with an ongoing presale. It has just surpassed an insane $3.5 million raised and is on track to hit $5 million very soon.

STARS is gaining lots of attention due to its ‘Meme Vault’ technology. The Vault is a one-stop-stop staking platform for the biggest and most popular meme coins on the market. Platform users can finally put their meme coin portfolio to work, staking SHIB, DOGE, BONK, and PEPE, amongst many more.

Rewards for staking in the Meme Vault will be paid out in STARS, the native token powering the Crypto All-Stars platform. Additionally, users who already hold STARS in their wallet will receive increased staking rewards.

There is a separate staking protocol solely for the presale stage. Anyone who purchases a STARS bag can begin staking immediately, with a frankly ridiculous 450% APY on offer.

Crypto All-Stars can be bought using ETH, BNB, USDT, or credit and debit cards. The next price stage increase is slated to begin in less than 24 hours, so you will need to secure STARS quickly at these low prices.

To stay updated with the latest project info, follow Crypto All-Stars on X. Also,  join the Crypto All-Stars Telegram .

VISIT CRYPTO ALL-STARS HERE

EXPLORE: 16+ Tokens That Look Set To Explode – Expert Cryptocurrency Predictions Analysis

Join The 99Bitcoins News Discord Here For The Latest Market Updates