RootData: The DeSci track is still in its early stages, with only 2 rounds of funding totaling 11.2 million dollars disclosed this year
ChainCatcher news, recently, Binance founder Zhao Changpeng stated on social media X that he is studying articles related to biotechnology and considering how to leverage cryptocurrency technology to accelerate the flow of research funding. Industry insiders believe that if Zhao Changpeng, who has ample time and resources, enters the DeSci field, it will bring new development opportunities to this sector. Currently, crypto leaders such as Vitalik Buterin and Coinbase founder Brian Armstrong have also expressed strong interest in this field.Overall, the development of the DeSci sector is still in its early stages. According to RootData, the DeSci sector completed $11.2 million in financing in 2024 (as of November), a year-on-year decrease of 18.1%. This year, several financing rounds in this sector include: the DeSci financial layer protocol BIO Protocol completed a $6.2 million public round of financing on August 21 and received strategic investment from Binance Labs on November 8, marking Binance Labs' first investment in the DeSci sector; on September 25, a16z led a $5 million seed round for AminoChain. Additionally, Pfizer had previously invested in VitaDAO in January 2023.In terms of financing scale, the decentralized biotechnology protocol Molecule has raised a total of $13.7 million through three rounds of financing, with over 50 investors including Shine Capital, Northpond Ventures, and Sora Ventures. So far, projects in the DeSci sector have cumulatively raised over $60 million.Data shows that the market capitalization of DeSci project tokens exhibits a clear stratification, with ResearchHub (RSC) leading with a $496 million FDV, followed by HairDAO and VitaDAO with $105 million and $86.83 million, respectively. The second tier is represented by ValleyDAO, GenomeFi, and Data Lake, all with FDVs in the $15-30 million range, but still significantly lower than the leading projects. In September, the Solana ecosystem project Pump.science introduced a meme mechanism for drug research predictions, while the Arweave super parallel computer AO provided new solutions for research data storage; these innovative attempts may drive the development of the DeSci sector.