Can crypto improve scientific research? – Cointelegraph Magazine

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Can crypto improve scientific research? – Cointelegraph Magazine

An insider account of the DeSci origins story — a new movement of citizen scientists, open-access scientific research and crowd-sourced peer-review f

An insider account of the DeSci origins story — a new movement of citizen scientists, open-access scientific research and crowd-sourced peer-review funded by crypto that’s gathering pace in 2022.

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At ETHDenver in February, decentralized science became a thing.

It was like the good old days of crypto: Like-minded spirits met and then crashed at each other’s rented places. Ideologies and open research were respectfully debated. DeSci panels were well attended with renewed energy for figuring out hard problems. Heated discussions were had. Many committed themselves to decentralized science, whatever that would mean. DeSci is, of course, very new and untested. 

This could well be the first insider account of the DeSci origin story. Think Peter Parker citizen scientists funded by crypto. 

Decentralized science?

Research is hard and problematically peer-reviewed. Commercializing science and tech is complex and often not profitable. Intellectual property protection is time-consuming. So, scientific research isn’t rife with speculators, rent-seekers and low-hanging fruit like other parts of Cryptoland. 

The newly coined DeSci is about championing true decentralization, rejecting institutional influence (read big pharma, and the peer review system) and encouraging citizen science in pursuit of truth.

COVID-19 has spurred its development. The speed at which multiple COVID-19 vaccines and endless studies were delivered was a pivotal moment. If COVID-19 research could be produced that quickly, why couldn’t decentralized movements do it too?

Could crypto, tokenomics and decentralized autonomous organizations play a role in new models of research and commercialization?

This is a story of a band of committed activists who want to make that happen, one of whom is Erik Van Winkle who grew up wanting to be a scientist, had a core role at ConstitutionDAO, and has now found his sweet spot as a community organizer for DeSci Labs — a project working on new technologies to improve the accessibility, reliability, transparency, and value sharing of scientific publications, as well as the DeSci Foundation. 

He says the mission is broadly Can we make science more efficient? and while it won’t happen overnight, it will happen:

“DeSci is possible — it just has a long road ahead of it. Blockchain took time; DeFi took time. DeSci will get there.”

He adds it’s already attracting some of the best minds.

“People are excited to be there; they are excited by the mission. Attracting developers is very hard. This is an area that has a good story behind it.”

Building upon existing science

According to a recent article by Sarah Hamburg, co-founder of Web3 advisory Phas3 and blockchain-based biometric data company Lynx, DeSci lies at the intersection of two broader trends.

“1) Efforts within the scientific community to change how research is funded and knowledge is shared, and 2) efforts within the crypto-focused movement to shift ownership and value away from industry intermediaries.” 

DeSci communities are expected to be largely made up of those already involved in both crypto and science. How they interact with the wider scientific community is key.

Most DeSci advocates are keen to respect existing research communities while harmoniously building new ones. This reflects an important slogan for the DeSci movement, best summed up by Hamburg in a letter to Nature encouraging scientists across all disciplines to join DeSci.

Don’t work against us — join us.

 

 

DeSci Foundation
The DeSci Foundation is one of the leading organizations in this new sector. Source: DeSci Foundation

 

 

Hippocratic Oath for DeSci?

Josh Bate has become a high-profile figure in the burgeoning DeSci space. A community organizer with high visibility, he agrees ETHDenver was a catalyst for DeSci.

Bate, “a DeFi guy” who was once the head of community for the Free Julian Assange campaign and began in crypto “by using Bitcoin just for buying things on the dark web.” He’s pretty forthright when he talks. How did he earn his position of visibility in the community? Just “put myself about,” he says. 

Bate founded and funds DeSci World, a “peer-to-peer research platform, and a DeSci aggregator of info.” It aims to create a dashboard akin to DeFi Pulse for DeSci. 

He also believes DeFi practices are crucial to DeSci business models, but DeSci needs more than “Web3 tooling to improve on the current state of affairs.” 

He tells Magazine that he fears a “dark DeSci and a regular DeSci,” so he’s been campaigning for a Hippocratic Oath for DeSci. He made the case at a talk at ETHDenver:

“It’s so early, but we can choose a Hippocratic Oath for DeSci now — no institutional finance, just pure science.” He asked the crowd for a show of hands on whether “DeSci should have an explicitly stated ideology” and estimates that maybe 5% voted “no,” 20% “yes,” and the rest were too confused by the many variables and held out to see the outcome.

How to…

cointelegraph.com