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Opinion: Does DeSci need meme coins?
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2024-11-26 16:02:01 2,570

Author: NingNing

Does DeSci need MeMe coins? Does MeMe Coin require DeSci? Can DeSci really be as disruptive an innovation as DeFi?

During this period, I have been lurking in the unconscious abyss of PVP on the chain, observing for a long time the interpretation and unfolding of DeSci's narrative in the phenomenal world:

From http://Pump.fun imitating Pump Science to launch the longevity drug $RIF $URO meme coin for on-chain PK, to @0xAA_Science detonating Scihub related memecoin Attention war, then to OG DeSci projects such as Bio Protocol, Vita DAO, ResearchHub, etc., old trees and new flowers, and finally to today, when the market thought that the DeSci narrative would become a thing of the past, Andrew Kang stepped up and invented a narrative: 2024 DeSci =2019 DeFi.

"Open source scientific papers", "Reshaping the scientific research paradigm" and other Fantastic's new narratives have made some people across the scientific research community and encryption circle visible to the naked eye. Extremely excited. From the perspective of those of us who have been immersed in left-wing ideology for many years without knowing it, MeMe coins with positive externalities are filled with a sense of justice.

But the question is, does MeMe coin really need to have positive externalities like DeSci? I agree more with the views of Toly and Crypto Weituo. MeMe coin does not need positive externalities. Its primary function is the cyber lottery of the 21st century, which sells extreme volatility to young people who dream of getting rich overnight. P young people born in the Z era have an opportunity to participate in wealth distribution.

Giving high value and meaning to a lottery ticket is what sports lottery and welfare lottery do. Doing so will eventually attract many ignorant fools to pay the IQ tax, which will only make the pockets of the director (banker) fatter, and there will be no real positive externalities.

But another fact is that meme currency trading is a typical attention tokenized market and therefore obeys the laws of communication. A good narrative (eitherPositive externality narrative or cult culture), is a good social media meme virus. From this perspective, DeSci is not bad, a kind of honor market conspiracy.

So, does DeSci need meme coins? To be precise, does DeSci need the instant wealth effect and market attention brought by meme coins? The answer is yes.

As an unpopular track, despite the endorsement and investment from institutions such as Coinbase, Binance, Pfizer, and Brain Armstrong, CZ, and Vitalik, the DeSci project has always been The market believes that it is positioned as a social currency in the big boss circle (pretend demand), and is not favored and allocated by mainstream funds in the market (who still remembers Celo’s ReFi narrative in the last cycle?).

Finally, can DeSci really become a disruptive innovation like DeFi? There is a little bit of hope. Here is a quote from Popper’s scientific philosophy. Science is not only about truth, but also about power. It is also a kind of scientific community power, with special emphasis on orthodoxy and academic lineage.

Whether it is scientific research DAO, Pump Science, or the pirate-style plunder mentioned in Toly’s tweet, they are all using new organizational methods and new fundraising methods. We are trying to challenge and innovate the existing power structure of the scientific community through the use of fund donation paradigms and new collaboration methods.

Although it is just a spark, it can give people warmth and hope on a cold winter night.

But to be honest, DeSci does not have as high financial attributes as DeFi. It lacks the two powerful tools of composability (stacking Lego) and cyclical leverage. DeSci is very It is difficult to create 100 billion-level new assets out of thin air like DeFi did back then.

Keywords: Bitcoin
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