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How crypto is changing the way research is conducted

Published 1 day ago4 minute read

I was scrolling TikTok last week and landed on an influencer interviewing Chris Crecelius‭, ‬founder of AxonDAO‭, ‬at the Bitcoin conference in Las Vegas‭.‬

It turns out Chris has been tackling medical problems with technology since 2013‭, ‬long before he knew what crypto even was‭. ‬One‭ ‬of AxonDAO’s many projects allows people to make money from their own genetic information‭ ‬–‭ ‬something well-known predecessors in the DNA space charged us for and then made millions from‭. ‬They apply the power of Web3‭ ‬to‭ ‬improve the way science works‭, ‬connecting regular people with digital replicas of their body‭.‬

“The idea is that we all possess something valuable for science‭, ‬for humanity‭, ‬and now that we can digitise our likeness as a perfect machine‭,‬”‭ ‬he explains in the video‭. ‬“We can test these things and understand how our body‭ ‬
will react‭.‬”

In this world‭, ‬we would be able try out new medicines and therapies on our digital twin before taking them ourselves‭. ‬The possibilities are almost endless‭. ‬The crypto angle‭? ‬You can invest directly in this project through tokens the company issues‭. (‬Full disclosure‭: ‬AxonDAO’s token is AXGT‭, ‬and I have owned a little bit of it since last year‭)‬

quote In this world‭, ‬we would be able try out new medicines and therapies on our digital twin before taking them ourselves‭. ‬The possibilities are almost endless‭. ‬The crypto angle‭? ‬You can invest directly in this project through tokens the company issues‭

This is just one example of a world of opportunity that exists in decentralised science‭ ‬—‭ ‬or DeSci‭. ‬This is a rapidly growing movement few ordinary people seem to know about‭, ‬one that applies blockchain technology to‭ ‬how scientific research is funded‭, ‬conducted‭, ‬shared‭, ‬and reviewed‭. ‬It’s not just technical innovation‭; ‬it’s a philosophical shift‭. ‬And it might just fix what’s broken‭. ‬

Blockchain‭ ‬—‭ ‬the tech behind Bitcoin and Ethereum‭ ‬—‭ ‬is essentially a tamper-proof‭, ‬decentralised digital ledger‭. ‬No single authority controls it‭. ‬It’s secure‭, ‬transparent‭, ‬and immutable‭ ‬–‭ ‬meaning it has never been nor can ever be changed‭. ‬When applied to science‭, ‬that means funding decisions can be made by the community‭. ‬Research data can be verified‭, ‬peer-reviewed and stored permanently‭. ‬Contributors‭ ‬can be rewarded directly‭. ‬And anyone can participate‭.‬

The DeSci space is already buzzing with initiatives‭, ‬many of which aim to solve long-standing issues in research‭:‬

Instead of waiting for grants or institutional support‭, ‬scientists can now raise funds directly from communities who care about‭ ‬their work‭. ‬Decentralised Autonomous Organisations‭ (‬DAOs‭) ‬like VitaDAO and AthenaDAO let token-holders vote on what gets funded‭,‬‭ ‬and they can even earn a return if the research leads to viable products or therapies‭.‬

Traditional research is riddled with selective publication‭, ‬hidden data‭, ‬and academic bias‭. ‬With blockchain technology‭, ‬the whole process‭, ‬from protocols to results‭, ‬is open for scrutiny‭.‬

Platforms like ResearchHub are reimagining how research gets shared‭. ‬Instead of costly‭, ‬biased academic journals‭, ‬blockchain-based review systems allow open access and community feedback‭, ‬with contributors earning crypto tokens for participation‭.‬

Blockchain removes institutional silos‭, ‬enabling researchers around the world to connect and collaborate seamlessly‭. ‬A scientist‭ ‬in Nairobi and one in Toronto could co-publish research in real time‭.‬

AxonDAO isn’t the only one offering the chance for people to share their data‭. ‬GenomesDAO offers individuals the ability to store and control their DNA data‭, ‬with the option to share it for research and get compensated‭. ‬This flips the script on major genomics companies that have profited from user data without offering anything back‭.‬

Even intellectual property‭ ‬—‭ ‬one of science’s biggest bottlenecks‭ ‬—‭ ‬is being rethought‭. ‬The NobleBlocks project lets researchers tokenise their discoveries‭, ‬creating tradeable IP assets that maintain ownership while enabling faster innovation‭.‬

It’s early days‭, ‬but there are already more than 100‭ ‬DeSci projects underway‭. ‬There’s PoSciDonDAO‭, ‬focusing on sustainable development‭. ‬HairDAO is researching hair loss‭. ‬VitaDAO is all-in on longevity‭. ‬AthenaDAO‭ ‬is dedicated to women‭ ‬–‭ ‬to closing the gender gap in medical research‭.‬

What I find most compelling is how this space encourages participation‭. ‬You don’t have to be a PhD to contribute‭. ‬You can fund projects‭, ‬propose ideas‭, ‬analyse data‭, ‬or just help spread the word‭. ‬For anyone who’s ever felt left out of the scientific conversation‭, ‬this is your invitation‭.‬

What Chris Crecelius and others are building isn’t just technical innovation‭. ‬It’s cultural revolution‭. ‬By merging blockchain‭, ‬AI and community governance‭, ‬they’re giving science back to the people‭. ‬

While many of these ideas may take years to scale‭, ‬many projects will fail and others will soar‭ ‬–‭ ‬and no one knows who will emerge as the leader‭ ‬–‭ ‬the direction is clear‭: ‬decentralisation isn’t just a financial story‭ ‬—‭ ‬it’s a scientific one‭. ‬

And just like blockchain and cryptocurrency are levelling the investing playing field‭, ‬DeSci brings our health out of gate-kept‭ ‬government labs‭, ‬questionable peer review practices and Ivy League universities‭, ‬creating a light-filled space we can all find a‭ ‬way to be involved in‭. ‬

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Khaleej Times
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