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DeSci Mic: Science Funding Platforms & Mechanisms
Recorded: May 21, 2025 Duration: 1:01:40Space Recording
Short Summary
In a groundbreaking discussion, Orwego is set to launch a permissionless platform enabling users to create their own tokens, addressing critical funding gaps in the scientific community. As traditional funding sources dwindle, researchers are increasingly turning to DeFi for innovative solutions, with partnerships forming between Orwego and leading universities to facilitate this transition.
Full Transcription
Thank you. Thank you. Thank you. All right, all right, welcome back to this week's episode of the DSiMIC. This is Erin McGinnis behind the account this week and diving into a topic that I think
is really top of mind for a lot of people in the science space right now.
Sorry about that.
And which is scientific funding, what different platforms, what mechanisms might be able to
help support and advance scientific discoveries. And so kind of opening up the space for the
broader conversation, kind of towards the end of last week, there was a lot of different posts
circulating, especially from scientists at Harvard labs, just sharing how
their entire labs funding from the NIH has been cut or from different governmental sources and
different work or different people they might have hired on is now very uncertain how that might be able to continue. So there's a very immediate need for
different types of solutions to be tried out in these very traditional types of spheres,
as well as all of the other opportunities that science and DSI can also explore into.
science and DSI can also explore into. And so this week, we have a co-host, a guest from
erigo.fun, which is building out a platform to help address some of this. So welcome.
Would love to have you share a little bit about what yourself and what you're all building,
and we'll have plenty more time to dive in.
Hey, hello.
Thanks, first of all, thanks a lot to invite me here.
As a host, it's a real pleasure to talk about DeFi and Farwego.
So, yeah, just to talk a little bit about me.
I'm in DeFi since five years now,
fully into DeFi, and I've joined this project, here we go. We've been started to build since
January, so approximately six months now, and we aim to launch in the middle of June. So this is a project built around DCI,
so we will launch on base.
And there is many things to do, in my opinion, in DCI today.
This is not a famous topic in everyone here.
So there is a lot to do.
Real world utility as well.
So I'm sure that we will have a lot of good topics
to talk about this evening.
And I'm really proud to be here with you.
So thanks a lot to invite me to this episode.
Definitely. I guess for those that aren't familiar with what you're building yet,
maybe if you can give an introduction into why you're building this or kind of how you came across this opportunity zone
for what you're building now?
Yeah, absolutely.
So we are currently building Orwego.
Orwego is a permissionless platform that will allow everyone to create his own token.
No coding required in just a few clicks,
and we will launch on base.
So everyone here might know about PEMFUN
or Boop.fun recently,
a platform like this on Solana.
We like this kind of approach to how launch a token really fast,
but we have many different mechanisms.
We are really, really focused on our core community and on creator.
I mean, by that, all the fees collected by HowWeGo will be...
No, the majority of the fees collected by HowWeGo
will go to the community and to the creator,
thanks to few mechanisms.
I will maybe talk about this deeper if you want after.
And we have the last percentage of the fee collected
going into Howigo treasury.
So for this treasury, we will not touch any token at all.
Each fees token who will go to this treasury will not change,
will not remove or anything.
So by this way, every token launched at Herigo
will be deflationary.
And you might guess and you might think, sorry, what is the link with this side?
We are focusing all our communication to show that on social media, I mean, to show that with blockchain and with project like Arrigo,
every scientist, researcher and so on will be able to launch that token
because we found a problem now.
Not we, but I mean, there is a problem now in the current world.
Every scientist and every researcher face the same problem. They have plenty of ideas,
already white paper done sometimes. But the thing is
they are struggling to find some money
to get fundraised. So we are trying
to show that with blockchain
and with what we are building with Awego,
they will be able to access to some funds by launching their token and link their project
through websites, social media, white paper, directly to their token.
And the thing interesting behind that, they will not even need to sell their token
to access to some funds
because we will give back, as I said before,
the fees collected to Creator.
So we are really focusing on, as I said,
the community, the creator.
And basically, this is what we are currently building right now.
And as I said, we aim to launch on June.
We already have a lot of people really interested
to launch their token on Herwego.
And I am just really happy with this.
A lot of institutions, professors, universities.
We are getting really close
with a lot of universities right now.
For example, with Santuan is Shula University,
the top one university in Thailand.
So we are really, really proud of that.
And yeah, even like I said, it's
a permissionless platform. So even if you don't have like any link with Desai, you will
be able to launch your token and there we go. But we are, as I said, focusing everything
to Desai right now. Cool. I would love for you to dive into some of those mechanisms.
I think that would be interesting either to
different Deci projects as well as different researchers too.
So basically, we have four mechanisms.
So for the first one, it's called DPRP.
Basically, each three hour, the fee collected will be given back to the community. So by this way, when you are trading on our platform,
you will be able to access to the fees that you spent.
We have as well the time-weighted liquidity engine, the TWIE.
So yeah, just to explain a little bit, we will have two tokens.
So our first token will be Herwego Cash.
This token will be here to run the platform.
So you will need this token to launch token,
to trade on Herwego, and you will have other possibilities as well.
And you will have our second token, Herwegoind, which will be here more as a DAO.
And you will be able to stake this token.
So this was what I was talking about, the TWLE,
the Time-Rated Liquidity Engine.
You will be able to stake this token and then access to some rewards generated by the fee collected.
Also, by staking your token,
you will be able to access to the third kind of reward,
So the LAB.
so the LAB.
The first token will be, so how we go cash, shall we,
will be here as a stable coin for the first 70% of the total supply.
We achieve 70% of the total supply, the 30% left will come differently as a stable
token, because like I said, the 70% first will be minted one by one on USDC. And then the rest will be here to
trying to
how can I say that to maintain?
Yes, sorry, to maintain the price of Herrigo Cash.
So if the token will go down or go up by staking Herrigo Coin,
you will be able to access
to Dutch Auction or typically having some discounts
on HowWeGoCash token.
So by this way, there will be a utility behind HowWeGoCoin
and you will obviously access to some rewards with HowWeGoCoin.
And the last one is called proof of scientific value.
There is no really reward behind that,
it's just a way to talk about how each Deci token will perform on HowWeGo.
By this way, by the proof of scientific value,
we are explaining that thanks to the market,
every people who will buy a token directly on our token
will lead which token need to be highlighted
and which one need to be not getting lots of visibility.
I mean by that, if a project launching on How We Go
has really strong white paper,
lots of people working behind it,
automatically the market will focus on that,
and then the token will directly be highlighted
and vice versa for the other kind of token.
Cool. I guess just diving into that last point a little bit more of the proof of scientific value.
I guess a beginning part of the question is, are you envisioning more different DSI DAOs, other DSI projects, being who might engage with your platform?
Or do you see it being individual researchers that might be from a university looking for alternative funding options for them?
For like maybe a specific experiment or for their whole lab?
Yeah, what type of science-y people do you see engaging?
I'm sorry, can you repeat again?
Because I don't know if it's my connection or yours,
but your mic was cutted, if it's possible.
Yeah. Who do you see engaging with your platform? Organizations, DSI orgs, traditional science orgs, individual scientists, regular people who want to do a science experiment?
It will be a permissionless platform.
So we allow everyone and we encourage everyone
to build a long-term project with a long-term vision, I mean.
And right now, we are trying to show that Herrigo will launch
at the most people as we can in middle of June.
So we really want right now to show everyone that
Herbigo will be here for launching tokens. So even if
it's now institution, professor, as I said, a student who
wants to start his own project on this side, you know, like, he
already think about he have a lot of ideas about a project, I don't know,
and he don't know how to access to some funds,
then Herrigo will be here to help him to access to some funds.
So, yeah, the goal is to show that everyone will be able
to launch a token. I've already been in contact with some people
who just want to launch a meme coin,
you know, a meme coin,
turning around DeSai or even No.
And obviously, we will encourage them to launch
with a long-term vision of how Wego is building around it to launch an how we go in India.
Cool.
So starting off permissionless, so a lot of different types of people might be able to get their science supported there.
In terms of that, like long-term impact, tracking some of that scientific impact, are there different things you guys are specifically focused on?
Or are there other types of platforms, organizations, mechanisms that you guys might be looking to partner with to help on that science impact tracking side of things?
Yeah, that's a really good question.
So right now, we are focusing on a lot of things, but our priority, I would say, is directly to which university,
because I mean research and scientific university
because the people who might need our solution will
are in this university.
So we're really focusing on that, trying to do partnership with
high quality university, I would say, to show our solution.
And for your second part of question, I don't remember, sorry. Can you repeat again?
Yeah, just around tracking scientific impact, maybe somebody on a publishing side or data provenance or just within different other DSI organizations or in the traditional sphere. looking to support or invest in or purchase different tokens um as well as those who
who like just wanting to follow along with projects progress yeah so uh yeah about the
transparency absolutely uh we encourage everyone to show the maximum of their project.
I mean by that, and also I just want to switch about something.
We will help everyone because, as you know,
DeFi is not really easy when you're not on it.
It takes time to get in, to jump on
DeFi.
So we will
directly help within our team
every
scientist
or researcher who wants
to launch a token by providing
some tutorial or directly help
them on one-to-one
for helping them
to have a vision of what is DeFi, first of all, and DeFi,
and how you run a wallet, how can you launch a token easily.
And we will try to show them the best way on how to launch a token.
So as you said, being transparent, trying to get a roadmap,
how many people are in this project.
And with that that we are currently
speaking and maybe we collaborate with dig now it's a project centred around
ai so they will help us to manage manage maybe our data and collect every data of scientists.
And by this way, every data of the scientists who wants to launch that token
will be accessible directly on Arrigo.
So we are in deep talk right now with them. But it can be, I think, a good way to
match the DC area with directly the community in crypto, if it's answering your question. Yeah, I think one of the points you just brought up now
of connecting DeFi, space, mechanisms,
ways of kind of engaging within that ecosystem
and how DSci operates is a really important bridge
when thinking about some of these different funding platforms
or mechanisms to help advance science
and different DSi initiatives.
So definitely more support I think is needed
and more handholding for different scientists
as well as different organizations
that might be coming into this whole decentralized
Web3 arena in general without having any prior experience into either DeSci or DeFi.
What is your approach right now when reaching out to or connecting with different universities?
Or what does that approach look like going forward? Some of the different followers here are PhD students
or teaching at different universities.
So if somebody is coming from that type of angle,
how might you be reaching more people like them?
like them?
Yeah, that's definitely a good question.
Yeah, that's definitely a good question.
So the Desai community are really here in university already.
I will just give an example for myself.
I've attended a BASE batch event two weeks ago, and I met someone who were behind a community design.
So he was directly studying in the famous Shula University in the research area.
And the thing is like, it's really interesting and really funny.
He was building with some friends and running a community around the
decentralized science to show in the university that blockchain could help a lot for this.
blockchain could help a lot for this.
And by this way, I just directly connected to him
because obviously, here we go, he's turning around Desai
and we have a lot of in common and we will support them
for sure because they are really, really involved
in Desai and we really like that.
And yeah, so by this way and by Atend Dead also,
because it was a batch at the base event,
so there were no links at all with DSAI,
but this is a tiny world.
And this is funny to meet some people in this kind of events,
but for example, I attended some DISAE event.
I am currently as well.
So reaching out to a professor,
a university as well,
directly on Twitter or LinkedIn or whatever.
And yeah, just trying to show them what we are building,
that there is no cost because I forgot to say that,
but launching a token on Herbigo will be entirely free.
So we are not trying to reaching out university or student or professor and so on
just to try to grab some money because this is not our point of view we are just trying to show that
we are building a solution for you and you might need that and it can help you.
So yeah, this is how we are proceeding right now and even like as I said, the fee collected will
be directly given back to the creator and the community. So this is how we are trying to reach
and obviously participating in this cyberspace.
If you are a professor,
if you are involved in science,
healthcare or whatever,
don't hesitate to reach me out.
We would love to connect
with the university behind you
or even you as a professor or student,
like taking some feedbacks and doing partnership.
It would be really important for us.
So do not hesitate.
Just send me a DM on Twitter.
I will answer directly.
And yeah, I would say that.
Awesome.
For other DSI organizations, maybe they're building tooling,
maybe they're DAO, are there specific ways that kind of
either at the organizational level, they might be able to interact, collaborate,
partner with you guys too.
Yes, absolutely, absolutely.
It just depends on each project, to be honest,
and to see how we can collaborate.
But definitely, if you are involved in BASE or in DCI,
we can definitely connect and try to find some much
to collaborate, to do some partnership up here.
And definitely, we welcome every project
who are really involved in this kind of field
and who wants to go forward.
And we will obviously help them
and they will help us in return,
but to go in the same point.
So yeah, we are welcoming everyone.
And as I said, don't be shy.
Send me a DM and yeah, for DAO or other projects
turning around this DSI,
definitely.
Awesome.
Wonderful.
Wanted to acknowledge
some of the new listeners
coming into this space,
see a good number of people
coming in from the base ecosystem.
And if it's your first time
listening in on a DSI conversation,
welcome. This is a weekly space,
so if you're curious about other ways to get deeper involved, build out different partnerships
or collaborations, definitely come back in the future, or feel free to reach out to me.
The person behind this account is Erin, the other co-host up here.
So best way is to just DM me over there.
And to kind of set the stage for this conversation, a bigger trend happening in traditional science right now is massive funding cuts to different research labs, to different scientists who have been getting support for
maybe decades at this point for some of the research they're doing. And exploring other
funding platforms, funding mechanisms, and bridging some of the different things that
DeFi has been really building out is an opportunity to help advance science, discovery, and the future
of the world. So that's some of the context for this conversation right now. And the specific
timing of it, last week, a bunch of different researchers, especially at different Harvard labs,
were just informed that their government funding has been cut. And for a lot of these
labs, that's where they get the majority, if not all of their funding. So functionally,
that means they don't have any money to keep moving forward. Different experiments might be
kind of in the middle of the stage of that experiment. Different people that were hired on or people who had been accepted to do a PhD or
postdoc are now being told, actually, we have to retract that offer that's no longer available
because we don't know about the financial future of this lab. So that's kind of the bigger conversation happening right now in the scientific community and an opportunity for DeFi connected into DeFi to be able to really be able to help address some of these gaps that are becoming glaringly obvious recently. So a little bit more context on the conversation you're tuning into
right now. Would also love to invite you if you're enjoying this conversation or finding it
interesting or curious, definitely share it. Also post any comments or questions down below
and we can move into a bit more of a Q&A type of time, whether that's around D-side,
different funding platforms and mechanisms there, or the specific platform that we've done a bit of
a showcase and dive into today, which is Urego. And so with that, I would love to invite anyone who has questions to come up as we're waiting for some of that.
Just also want to make sure that we stay on topic with these different questions.
And in the meantime, if you have any other things top of mind,
switch into a more dynamic discussion.
Definitely feel free to share that, maybe timeline
or ways for people to follow along.
Cool.
Just added a couple of folks up here.
Yeah, I saw that there were two requests as well.
Awesome. Coco, if you want to kick it off, we'd love to.
Okay.
Welcome.
Yeah. Hi, Magnus. I hope I did that right. And hi, the host, BigSide Mike. Yeah, absolutely
lovely people and feeling super busy to be here. So actually exploring different spaces in WebTree,
BigSide, DeepIn, AI, and every other thing thing. I'm actually a bit curious about the Desai space.
From the topic, science funding platforms and mechanism.
My question would be,
what kind of platforms can be funded and is there
like a approach that anyone looking to get funded should follow?
Yeah, absolutely. So a few different conversations happening in
the broader DSI ecosystem related to funding are at the idea stage is one option. So when someone
might come up with an idea or some type of hypothesis, having a platform for people to
be able to support specific hypotheses or ideas,
and then as enough support is gained for that experiment idea or theory,
then that experiment would be able to be carried out.
There could be potential then for funding way bigger moonshot ideas
that right now in the traditional scientific sphere
are just not getting through the grant approval process. Generally, the really, really cool
science doesn't happen because it's a bit risky. And if some funding body, whether that's a
philanthropic funder, family office, a government agency, whatever it might be.
If it's something really novel and interesting, there usually isn't as much evidence down that
path to be able to allow them to justify to their superiors if those results aren't achieved, why that amount of money was sent in
that direction. So usually like the safer bet that's like, kind of good science is, is usually
what ends up getting funded. And then the really, really cool science that could maybe completely
change our whole world doesn't end up getting funded, even though that
might be what all of us as regular humans that exist on this planet might be interested in
seeing happen. So that's one stage of which different funding platforms might be able to
address that and create different kind of community efforts or different kind of swarm effects
to just create enough community support
to fund really, really cool stuff
that might be high risk, high cool impact reward.
That's kind of one category.
Yeah.
Okay, so I think the last question I'm going to ask
and close my mouth is, I feel
like prior to now, I've not really like heard much about the DESAI space and everything.
What would you say contributes to most people not knowing about this space and not much
awareness?
I don't know if it's just from my own personal view.
Yeah. Not much awareness. I don't know if it's just from my own personal view. No, a lot of people haven't heard about DSci.
And usually what I chalk that up to is if you're in DSci, you're a special type of nerd.
Like you have to be both into science and tech at the level that you got yourself into crypto and be fed up with a scientific ecosystem enough to exit that. So
that's a special type of person that maybe isn't always shouting from the rooftops as much as
crypto Twitter, the cryptosphere needs people to be doing to be able to be heard. So there's a lot of really cool stuff happening
in DSI right now. It just is a bit of a bubble. Also, DSI isn't that old as a space. And then if
you pair that with the fact that usually different therapeutics in the traditional sphere take on average 13 to 15 years to like
become a therapeutic that's approved for different people to take in. You combine that really long
time frame with the fact of people aren't shouting from the rooftops, it creates kind of this bubble
effect. So for everyone joining in today that this is the first time coming into DSiConvo, thank you.
That's part of what can get more people talking about DSi
and also bridge different connections and collaborations
between what's being built in DSi and all the other awesome
tooling in the broader sphere too.
And that can be a really wide range of things.
Yeah, go for it.
Yeah, so I just wanted to add something.
This is a really interesting question.
And as you said, there is not much people
who know about this site today.
But the thing is, for common people, I would say,
like why this AI, like this AI, you know, it can be afraid of them.
Like why you want to bring this science in blockchain,
you know, and it was exactly the same case with AI
at the beginning, if you remember,
like why bring AI into the blockchain?
Why this fusion, why bring AI into the blockchain? Why this fusion?
Why this mix?
And after all, we saw many, many things with agent AI coming.
And now there are many, many solutions to run agent AI on-chain
and add some value directly to blockchain and to trader, for example,
or other DeFi stuff.
I think it's kind of the same in this side,
not for the financial part, I mean,
but once everyone will understand that in the science world,
Science world, there is a problem and many problems, I would say, and blockchain can solve that with many projects build on it.
there is a problem and many problems, I would say,
They will finally understand that, okay, it's a good match and it makes sense, you know, like science come to blockchain because there is a problem and blockchain can solve this problem. And then, yeah, there is just a fusion.
But right now, as you said, it's totally new and this is completely normal.
We start to hear about CZ, for example, he recently talked about, and I know everyone
here saw this one, but he recently talked about many things and as well about this eye. And yeah,
thanks to the top leader, CZ and other people like him highlighting this kind of topics.
Obviously, this eye will get bigger and bigger and will take more place. And yeah, I think it might be a good thing for the science world.
Definitely.
Yeah.
Another element there is scientists are getting fed up.
The same way a lot of people have been onboarded into DeFi
and the broader cryptosphere.
It usually comes from some level of desperation or being
fed up with the current system. And we're starting to hit a bit of that breaking point at a much
larger scale within the traditional science ecosystem. In addition to funding mechanisms,
another part of DeSci that's really important is the data component and being able to have the actual data creators, those different researchers, people contributing data, especially when they might have a rare disease or something unique in their environment, maybe from a soil or air or like species, plant, animal species perspective,
being able to have that be tied back to the actual discoverer or contributor of that data.
And then as that might be furthering other different discoveries, maybe that's put into some type of model. Just kind of having that whole
audit trail a bit of where that data came from is another really important piece of the broader
DSI equation, so to speak. So that's, there are kind of like two main buckets that a lot of DSI projects fall into, and they're very kind of complementary and like sister spaces to each other.
But usually it's either addressing the funding aspect of science or it's addressing the data publishing kind of technical infrastructure side of things.
kind of technical infrastructure side of things.
With that, let's jump over to one of the next people up here.
Shiloh, I would love to hear your question.
Yeah, what's up?
Yeah, actually, like, this is my first time I heard about decentralized science.
And I found it really interesting, though though because i came up from a i was a
ex-researcher and i know like to struggle about the funding and especially like if you got a
funding in a certain corporation and stuff like that they have like a huge influence that going to change your direction on your research,
which is, you know, it's not completely independent.
Like, and I'm experienced that.
Like, it was really tough.
It was really hard when you have some certain ideology
or maybe like idealism into a certain stuff
and you couldn't fit in completely
like into the market and i think like when i heard you guys talking about this i'm i'm feeling like
and like like oh shit finally i got something to working on again and giving me like a bunch of ideas now like um so i just invited like three
people down there and there are a researcher too i said to them like yo this is crazy you're like
pulling up pull up pull up guys so amazing yeah i'm just going to ask like um what is the boundaries um what is the scope about the
centralized science uh and i'm sorry like if i'm so uh i sound stupid because i haven't
the last book that i read is just a bunch of novels like um existentialism books that's why
like i'm feeling suicidal right now i'm sorry I'm just joking anyway yeah so bounds of desai could honestly be as big as we're willing to support and get behind
um I was talking someone two days ago and they're super into the idea of like, hey, Desai should really be used to like bring Neanderthals back.
And from the, like, traditional science isn't going to fund that. They're not going to support
that. But if people really wanted to support that in Desai or bring some dinosaurs or the
dodo bird back, like, all of that could be possible through these different mechanisms the same way we're able
to rally around other things. Another side of it, another challenge in science right now that isn't
that well known outside of the scientific sphere, one in seven papers that are peer-reviewed,
published in a journal, aren't replicable. So if we're thinking about trust and trust mechanisms
in science even, or millions and millions of dollars funding different labs that are
like not actually conducting research or they're just cherry picking data so then they can get the
next funding into their lab, that's happening on a daily basis in the traditional science sphere.
So another aspect of what DSI is is adding data provenance and verification mechanisms
as well as privacy mechanisms.
I have had a few different researchers reach out and be like,
hey, I think I might have discovered something that would break, like, one of Newton's laws,
but they've been advised not to publish their work because different governments would come after them.
There might be a way that they could still publish that work in an anonymous type of way to protect themselves,
have other people halfway across the world replicate their experiment to prove that it's
true, those people would be able to get rewarded for showing that proof.
And then this different knowledge can be available for all of us.
And the idea of gatekeeping knowledge and science, like that goes against what all of
it's supposed to be standing for.
So the scope of what DSI can be is really, do we have the right talented people in the space
to build out what it can be? And we definitely need more talent in the ecosystem.
We definitely need more talent in the ecosystem.
With my co-founder, we launched a DSI fellowship program called Muse Matrix,
geared towards getting Web3 AI developers as well as traditional scientists into DSI.
And now we've expanded to include business, community managers, marketers as well.
Basically, all these skill sets needed are still lacking in the space.
And the intention with that program is to fill in these different gaps. Like you're an expert at
what you do. But we talked to a whole bunch of developers who never really considered, oh,
I could be contributing my smart contract abilities to help advance really dope science.
Like all that's possible.
So if that resonates, please, please reach out.
And I just want to add something.
I will try to be quick, but I want to underline what you said about some projects can have like funds, as you said,
but they are not the chief of the project anymore.
Like the VC behind wants to conduct the project.
And this is really sad for the project.
And with blockchain, we all know that there is no bureaucracy and they will still be the chief of the project.
And I wanted to add as well that I think it can really add a big value to the blockchain in overall. I mean, if some project can start thanks to the blockchain,
thanks to the funds, and thanks to the technology behind
blockchain for all the data, everything,
and solve a big problem in the world,
imagine if this project go viral in the world.
I mean, they found a solution and they found a way to conduct their project
thanks to the blockchain.
It will be big because nowadays we all know that maybe 30% of people
still thinking that blockchain is not a good thing
and there is maybe terrorism.
It was more the case like maybe six, seven months ago,
but there are still people like that
who don't really know anything about blockchain.
And if we can showcase that, okay, blockchain can have a real utility,
it can have some value in the real world.
It will just be wonderful.
And they will directly understand the Punter Shell
as we all know here, as nerd, I would say.
And it will just improve everything, in my opinion.
Yeah.
Yeah, I'll jump in and say that a lot of conversations being had with traditional scientists, university folks, we don't use the word blockchain when we talk to them.
We talk about what blockchain can do.
And it's part of like the mechanisms or backend that helps enable it. And that's how a lot of the conversations
with these traditional spheres are opened
because so many of them really have no exposure
to blockchain at all.
Desai Asia, saw you requested to come up.
A great leader driving DesI throughout all of Asia.
So I wanted to give you some space to speak.
Thank you, Erin.
Thank you, DSI.
Can everyone hear me?
Yes, definitely.
Yeah, we'd like to share that we see different kinds
of opportunities and possibilities of right there in decentralized science.
And I would say one of the core spirit
of decentralized science is open to share the knowledge.
So which means that knowledge should not,
which is a property that sells to someone.
For example, in traditional science, is a property that sells to someone.
For example, in traditional science,
that we see a lot of paywall over there. So when we want to learn something,
you need to pay or you need to subscribe.
And that's why at the very beginning,
comparing with the traditional science, the university needs to pay a lot of amount to the publishing industry, to the scientific publishing industry just because there are some journal talking about science which is
university needed which is over 40 to 40 percent in the in the scientific publishing industry. So the scientists need to pay the publisher
for the peer review and for publishing on their platform.
While at the same time, the readers, the university,
or even the lab, if they need to read that scientific journal,
they also need to pay to that publishing platform as well.
So when the scientists need to do the peer review
for that paper, and there are no return.
So which means that the traditional scientific publishing
is building a very high paywall to extract
to get all the benefit from everyone.
So therefore we saw the evolution or the voice out about open science which that we need to distribute or share the knowledge without boundary, without
the paywall. And therefore we see decentralized science science so decentralized science is not something
which is completely new but it's based it's built on a very solid background uh solid ground over
there is calling uh open science so uh i would like to say that decentralized science can bring another opportunity for the scientists
or even for the whole society that if you need something, knowledge, so there is no boundary.
So you can find another way. So you don't need to pay and then you get the information.
Or your information or the knowledge will be controlled by a centralized platform, centralized government, centralized lab.
Maybe sometimes you heard about the newspaper about some data and we find something.
But more details is controlled or is not published to the world.
And this is traditional science debate.
So therefore, I would like to share about what is the difference between decentralized science and traditional science.
Definitely. And tying this back into the broader conversation today about funding,
And tying this back into the broader conversation today about funding, one opportunity that I think could be explored more deeply in the DSi space is having different smart contracts or mechanisms where the funder or payer of different scientific data or knowledge or experiment can change over time. So maybe initially it's one specific group
and then maybe after that experiment has been run or that data has existed for a period of time,
it can go into a broader sphere and people could pay like a premium for getting first access to some of that data.
So I think there's a lot of different mechanisms that can be played with from making sure that
this is also sustainable from a financial perspective. Thanks so much for jumping in
on that point, Desaesha. I want to go on to the next speaker.
Next one on my list is Abdul Salam.
If you're able to come off mute and share your question or thought,
please do so.
Maybe not.
Don, if you're available, would love to hear your question. If you're speaking, your mic is muted.
All right. We might not have more questions from them.
Want to, just as we're approaching the top of the hour, I'll have to jump off to a meeting, unfortunately, because this is a great convo going so far.
Desai Asia, did you just have your hand up real quick with any other thoughts?
real quick with any other thoughts? Yes, I echo for the funding mechanism. For example, in Asia,
we see different regions, they have different kinds of payment methods, so it's hard to reward
the scientists in different cities or even in these different regions. But through the blockchain, we can easily send out the reward after they host a new live meeting in Thailand, in Taiwan, or even in China.
We just send out stablecoins in one second and then actually they receive the token immediately by their wallet.
So that's what I want to echo about how the blockchain or the Web3 can support the decentralized science in the funding
way. Amazing, really good echo. Anything else from the Urigo side to close out
the space? Yeah, just to finish the space, for those who came in later,
I just want to repeat that we are currently building a project
around DSAI, so if you want to know more about
how we go, just come to me, ask any question
if you want to collaborate. DSAI,
definitely we are also in Kuala Lumpur
just to tell you.
So I think we really need to connect.
We might have a lot of opportunity to collaborate together.
And this is the exact same case for the other project,
building around DSAI, our base.
We really want to connect with everyone.
Sorry.
And yeah, thank you so much, DSAI, Mick,
to let me here as a guest and talk about where we go,
talk about all these good topics we have around DSAI.
It was really interesting.
I think we will definitely keep in touch.
And yeah, thanks to you for the questions,
sorry, Silo, Coco, and DesaiAger,
and the listeners who are here as well.
It's good to see that Desai involves a lot of people,
and a lot of people are also interested about these topics.
So, yeah, really good.
Thanks a lot again.
And yeah.
Amazing.
Thanks so much for joining on.
For anyone who's new this week, this is a weekly space, same time each week. So tune back in next week,
we'll dive into another topic related to DSi in some type of way. So if you also have questions,
or if you're building something, that could be useful to the DSi ecosystem. Reach out either to
the DSi Mic account or to myself, Aaron McGinnis, the other co-host up here.
I check those DMs more, so that's probably a more direct route.
If you're interested in supporting the Desai space, there's a ton of different ways of getting involved or showing that support.
So many cool projects.
Also, a lot of regional and local communities with different events.
So if you're in a certain region and don't know the cool DSI people that might be your neighbor,
might be able to help connect you on that front too.
If you're interested in building in the space or working in DSI,
like I mentioned before, run the Muse Matrix DSi Fellowship Program,
focused on getting really strong, great talent
into the DSi ecosystem,
especially those coming from crypto,
DeFi, Web3 type backgrounds
to help advance the DSi space forward.
And a little bit more context on myself.
So host these weekly spaces
and then primarily focused on CausalityNet,
which is verifying scientific data at the hardware level.
So we're manufacturing tamper-proof bioreactors.
We'll have the page up very soon
that you can run those from your house.
So if you're looking to be functionally a node operator contributing to science and
earning rewards for doing so, definitely keep following along or reach out on that front.
And then doing a lot of other things with researcher and data collaboration tooling. So if you're interested
in funding data or coordination and see overlaps of how that might be able to be applied into the
DSI space or to help advance science and discoveries in the world, reach out. Let's make it happen.
Amazing. Thanks so much for tuning in, and I hope to see you
all back here same time next week. Have a good one, everyone.
