The choice is ours to make
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Discover: Here are views and opinions belong exclusively by the author and do not represent the views and opinions of the CRIPTO.NEVS ‘editorial.
Following the shining support of CZ and Vitalik for decentralized sciences (letters) in the last few months, the movement was revived and was greeted as a next great limit in the web3. DESCI promises to democratize research funding, improve transparency and create global open cooperation. The idea is burdened: transforming a drawn process that is powered by a block, which bypasses inefficiencies and bias of traditional, centralized funding systems.
But for all its promise today, the children are at risky crossroads, at risk of collapsing under the weight of one’s own immaturity and short term.
Despite some promising initiatives, such as Vitado’s long research and funding, the Protocol for Niche Medical Projects, the current state of shining, unfortunately, characterizes speculation than significant, sustainable progress. Too many projects is focused on cash and fast victories, encouraged sparkling claims on solving complex problems within the impossible short deadlines. This is displayed by platforms such as pumps.fun, exuding drug development with tokenized experiments related to compounds.
Science doesn’t work this way. The discovery process, especially drug development, is painfully slow, flammable and relies on co-operation throughout the institutions. However, the letters became a playground for quick financial opportunities, not a vehicle for advancement of meaningful research.
This is not a revolution that industrial needs; It’s a distraction
What is even worse is to excrete incorporated into the speculative nature of the Risk of the Risks, undermining confidence and credibility necessary for scientific progress. CRIPTO investors, drawn on a promise on the plow on plowing – an idea that feels futuristic and transformative, even if mechanisms are basic and underdeveloped and repeat patterns in AI and EV investment supports. This trend is an emblematic of broader behavior within the CRIPTO COMMANY, where success is often as fast as investment “rips upwards”, not the quality or feasibility of the basic project.
Like ai and tokens, which increased without meaningful differentiation, the letters became catch all for speculative capital. For many, the focus is not at the improvement of science, but also on the development of narration to leave token estimates.
What is crucial is understanding what it is about in good science
Good science is everything that improves our knowledge to the meaning. Currently, what is usually considered meaningful is what is monetized – but this is incomplete metric. The short answer is that good science is something that increases our knowledge and the best way of working it is to expand our knowledge prospects. Research in areas like longitude, climate of science and rare diseases, emphasizing the boundaries of what we know while we offer applications in the real world.
The accuracy is the basic, and today a lot of science fails today. In order for research to be worth investing in it, it must be credible, rigorous and impact. However, influence cannot be easily measured in the financial conditions – it must reflect realistic contributions in the body of scientific knowledge. This should be a key measure of success, strengthening that science, in its core, relies on credibility. If the letters still find synonym for hype, hollow promises and speculation trade, it will never be on board, on board, institutions and policy makers to succeed. This is not just a loss for desci; It is a loss for science and society as a whole.
It should not be discarded the amazing potential of the desci. Trusting on market mechanisms often flows as the strength of the letters and is easy to see why. Science is basically generating, confirming and disseminating information – the process that naturally aligns with the advent of the information market. These markets use decentralized tools such as forecasting market, square funding and transparent peer reviews on aggregate knowledge, encourage cooperation and efficiently assign resources. These mechanisms could deal with many inefficiences in traditional systems, but they are currently underdeveloped or abused in descs, they are treated more like speculative instruments from engine for meaningful innovation.
For example, prediction markets could allow stakeholders to bet on the success of scientific experiments or hypotheses, aggregate collective intelligence for financing for high potential projects. However, their efficiency depends on the rigorous, well-confirmed hypotheses, not on speculation affected hypera. If structured properly, predictions can be used as a tool for determining research priorities that are accurate and impacted projects that meaningfully expand scientific understanding, not those who simply attract attention.
Looking at the square funding, this could increase support in incomprehensible ideas, leveling the playback of the game for insufficiently represented researchers and niche fields. However, it is really valuable, it must be directed towards projects that improve their knowledge perspectives, not those simply popular or financially promising. Meanwhile, Decentralized System Reviews Reviews could transform an opaque, slow and biased process of academic publishing day into one that is transparent, responsible and available. By encouraging the rigor and rewarding contributions, these tools would be perfectly aligned with the desci’s ethos of openness and cooperation.
Interplay of these tools in the broader frame of the Web3 information market is where the right potential is the desk. At best, letters could be a revolution. It could democratize access to research funding that is incredibly difficult to come, empower marginalized votes and create an ecosystem in which breakthroughs happen faster and use more people. But the understanding of this vision requires more than technology – requires transition to priorities and culture. Sheets must move to current fixation on speculative projects and cash, accepting the principles of sustainability, responsibilities and cooperation that involve significant progress.
The shit is at the crossroads. He can continue his current road, chasing a speculative high and risk irrelevance. Or it can be more difficult, but a more significant way-one priorities of substances and sustainability due to spectacles and short-term victories. The choice is ours to make, but the time to act is now. Science deserves better, and so are the letters.
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2025-02-24 14:36:00