some thoughts on desci: 

-$1.3B mcap total for the sector: low, but high enough to show that it’s clearly gaining traction.

-lots of interest from major players given the importance of science (and research) generally 

-first narrative here is funding science: @pumpdotscience, @SciHubFans, @bioprotocol, etc

-secondary narrative with ai is emerging now

-ai narratives are interesting bc they have to do with improving the industry itself, not just funding it

- using ai to fact check science papers like yesnoerror

- verifiable science data for ai usage

- decentralized storage for research papers (preservation of human knowledge)

- building swarms of different, specialized ai scientists as assistants (arxiv_sh)

- arxiv is a personal favorite just because the vision is large

-eventually aims to build ai swarms that can advance scientific knowledge (ie make net-new discoveries)

-problem is simple: human experts are too specialized, very little coordination across fields

-ais are vastly superior at working with large amounts of data 

-entirely possible that an ai swarm of domain experts can find connections between fields that the science community at large would never have found by itself

-these connections will be net-new discoveries

-imagine potential headlines: ai discovers hidden link between X and Y fields

-think it’s genuinely cool and entirely possible for this to happen as AGI gets closer

-overall crypto plays a pretty small role in descai (ai X crypto X science). More about funding innovation than anything imo, so wouldn’t be surprised to see a new pumpdotfun specifically for ai X science tooling

-monetization looks similar to defai, utility derived from token-gated access to terminals 

-lots of potential for innovation around the token incentive flywheel 

-overall, can clearly see how these ideas could be legitimate innovations and useful products

-ai use cases more exciting than funding use cases imo, real utility for scientific community (and science is undoubtedly one of the most important cornerstones of civilization) 

- crypto is only loosely necessary though, but it is mostly within crypto where the innovation is happening