DeSci 叙事“明星驱动”项目

BIO Protocol 于 1 月 3 日在币安、OK、MEXC 等主流交易所正式上线，引起巨大轰动。我从各种聊天群和推文中感受到了BIO的爆炸式流行。在触及 1.47 美元高点后，$BIO 经历了 50% 的回调，目前稳定在 0.7 美元区间附近，并伴随着各种关于 $BIO 的争议观点。

**The "Star-Driven" Project of DeSci Narrative**

**DeSci Narrative“明星驱动”项目**

On January 3, Bio Protocol, a decentralized science (DeSci) project, officially launched on Binance, OKX, MEXC, and other leading exchanges, sparking a huge stir in the crypto community.

1月3日，去中心化科学（DeSci）项目Bio Protocol在币安、OKX、MEXC等主流交易所正式上线，在加密社区引起巨大轰动。

With the rising popularity of DeSci, various controversial opinions have emerged regarding $BIO. To shed light on this matter, let's delve into the concept of DeSci and explore its potential and challenges.

随着 DeSci 的日益普及，关于 $BIO 的各种有争议的观点也出现了。为了阐明这个问题，让我们深入研究 DeSci 的概念并探讨它的潜力和挑战。

**What is "DeSci" that CZ and Vitalik are so focused on and admire?**

**CZ和Vitalik如此关注和推崇的“DeSci”是什么？**

On November 3, 2024, CZ shared pictures of his attendance at a small DeSci entrepreneur gathering organized by Binance Labs on his personal social media. During the meeting:

2024 年 11 月 3 日，CZ 在个人社交媒体上分享了参加币安 Labs 组织的小型 DeSci 企业家聚会的照片。会议期间：

- Vitalik introduced CZ to VitaDAO's first longevity product ------ VD001, a natural high-dose spermidine supplement approved by the Thai Food and Drug Administration.

- Vitalik 向 CZ 介绍了 VitaDAO 的首款长寿产品 ------ VD001，这是一种获得泰国食品和药物管理局批准的天然高剂量亚精胺补充剂。

- CZ expressed hope to see 1,000 DeSci-related projects emerge next year.

- CZ 表示希望明年出现 1,000 个 DeSci 相关项目。

From then on, the DeSci concept officially entered the minds of crypto enthusiasts.

从此，DeSci概念正式进入加密爱好者的脑海。

DeSci (Decentralized Science) aims to revolutionize the traditional models of scientific research, knowledge sharing, and research funding through blockchain technology and decentralization. It seeks to liberate scientific research from traditional centralized institutions (such as governments, universities, and large research foundations) and provide scientists and researchers with a more transparent, fair, and open ecosystem.

DeSci（去中心化科学）旨在通过区块链技术和去中心化彻底改变科学研究、知识共享和研究资助的传统模式。它力求将科学研究从传统的中心化机构（如政府、大学和大型研究基金会）中解放出来，为科学家和研究人员提供更加透明、公平和开放的生态系统。

In simpler terms, I understand DeSci as a new entry point into the RWA (Real World Assets) field. From the various DeSci projects currently available, their core is to provide financing support for early-stage physical research projects. Through decentralized mechanisms, DeSci directly connects research teams with funders, bypassing the lengthy and complex approval processes of traditional centralized organizations. This not only addresses the issue of research projects stagnating due to a lack of funding but also significantly enhances the capital efficiency of scientific research.

简单来说，我将 DeSci 理解为 RWA（真实世界资产）领域的新切入点。从目前DeSci的各个项目来看，其核心是为早期物理研究项目提供融资支持。通过去中心化的机制，DeSci 直接将研究团队与资助者联系起来，绕过了传统中心化组织漫长而复杂的审批流程。这不仅解决了科研项目因资金匮乏而停滞的问题，也显着提高了科研资金效率。

More importantly, DeSci introduces a more transparent and efficient way of research funding. The inflow and use of funds can be tracked in real-time through smart contracts, allowing funders to clearly understand the use of funds and project progress. This model not only makes funding for research projects more efficient but also greatly enhances public and investor trust in the research ecosystem.

更重要的是，DeSci 引入了一种更加透明和高效的研究资助方式。通过智能合约可以实时追踪资金的流入和使用情况，让资助方清晰了解资金的使用情况和项目进展情况。这种模式不仅使研究项目的资助更加高效，而且大大增强了公众和投资者对研究生态系统的信任。

**Why has the DeSci concept emerged? Is it a product of capital narrative or a consensus of market development?**

**为什么 DeSci 概念会出现？是资本叙事的产物，还是市场发展的共识？**

First, we need to ask ourselves: why has the concept of DeSci (Decentralized Science) been proposed in the context of Web3? To answer this question, we must review the development history of Web3 and its current dilemmas.

首先，我们要问自己：为什么在Web3的背景下提出DeSci（去中心化科学）的概念？要回答这个问题，我们必须回顾一下Web3的发展历史和目前的困境。

**The Journey and Bottlenecks of Web3: From Prosperity to Confusion**

**Web3的历程与瓶颈：从繁荣到混乱**

Since the birth of Web3, public perception of crypto assets has mainly focused on several core narratives:

自Web3诞生以来，公众对加密资产的认知主要集中在几个核心叙述上：

- BTC: The role of digital gold as a safe-haven asset.

- BTC：数字黄金作为避险资产的作用。

- Ethereum: The infrastructure of the smart contract public chain ecosystem.

- 以太坊：智能合约公链生态系统的基础设施。

- Stablecoins: USDT, USDC, etc., have become important tools for on-chain payments and value storage.

- 稳定币：USDT、USDC等已成为链上支付和价值存储的重要工具。

However, during the early stages from 2012 to 2019, the crypto market experienced a period of wild growth, with numerous air coins and projects lacking practicality. This bubble created enormous wealth for behind-the-scenes players but did not promote the sustainable development of the crypto ecosystem.

然而，在2012年至2019年的早期阶段，加密货币市场经历了一段疯狂增长的时期，空气币众多，项目缺乏实用性。这个泡沫为幕后参与者创造了巨大的财富，但并没有促进加密生态系统的可持续发展。

The DeFi Summer of 2019 was a significant turning point in the history of Web3. It brought decentralized finance (DeFi) to life for the first time through on-chain lending, LP, mining, staking, etc., significantly improving capital efficiency and the leverage effect of funds. However, the subsequent emergence of narratives like NFTs, the metaverse, and AI, while sparking market interest in the short term, failed to create a long-term bull market effect similar to the DeFi Summer.

2019 年的 DeFi 之夏是 Web3 历史上的一个重要转折点。通过链上借贷、LP、挖矿、质押等方式，首次将去中心化金融（DeFi）带入生活，显着提高了资金效率和资金杠杆效应。然而，随后NFT、元宇宙、AI等叙事的出现，虽然在短期内引发了市场兴趣，但未能创造出类似“DeFi之夏”那样的长期牛市效应。

As global Web3 policies gradually become clearer and the RWA (Real World Asset) track rises, the market begins to explore how blockchain technology can deeply integrate with the real economy. However, RWA remains a highly challenging field for most retail investors. Investors find it difficult to understand its mechanisms, application scenarios, and participation paths, leading to a lack of strong market resonance in this track. Furthermore, I summarize:

随着全球Web3政策逐渐明朗以及RWA（Real World Asset）赛道的崛起，市场开始探索区块链技术如何与实体经济深度融合。然而，对于大多数散户投资者来说，RWA 仍然是一个极具挑战性的领域。投资者对其机制、应用场景、参与路径难以理解，导致该赛道缺乏强烈的市场共鸣。此外，我总结一下：

- The current Web3 has entered a liquidity and narrative bottleneck!

- 当前的Web3已经进入流动性和叙事瓶颈！

- From previously accessible participation, it has gradually become a competition among capital institutions, and the once "within reach" sense of participation is being replaced by high-threshold tracks dominated by institutional capital.

——从以前的触手可及的参与，逐渐变成资本机构之间的竞争，曾经“触手可及”的参与感正在被机构资本主导的高门槛赛道所取代。

- Retail investors are gradually being excluded from the future wealth distribution system of Web3, which goes against the original intention of Web3's decentralization and openness.

- 散户投资者逐渐被排除在Web3未来的财富分配体系之外，这违背了Web3去中心化和开放的初衷。

The emergence of the DeSci narrative, to some extent, responds to this dilemma: it combines blockchain technology, the Web3 market, and the real industry, making Web

DeSci 叙事的出现，某种程度上回应了这一困境：它将区块链技术、Web3 市场和现实行业结合在一起，使得 Web