🌐💰 Tokenomics & Open Science: Join The DeSci Mic🎙️ for a deep dive! 🚀🔬

Recorded: March 20, 2024 Duration: 1:00:03

Player

Snippets

gm gm everyone let's uh let me go ahead and get this going a little bit i know um i think
arin was mentioning that she was a little under the weather this morning and uh wants
to some other people to kind of take over um so yeah i'm kind of just driving into work i don't
know if you had a few words you wanted to say america before we start introducing edwin and
while we're waiting for josh uh yeah for sure thanks thanks crypto shrimp so uh you know just
like to to welcome everyone to our what is this now like episode five episode six if we count uh
sort of like special special episodes um but yeah uh this um you know i think this will be a very
interesting discussion uh we've got a lot of great guests and you know i i think if i might just like
sort of frame uh the discussion a little bit this is coming out of a really fantastic conversation
that started i think uh you know about two weeks ago on just impromptu on one of these spaces
and um you know that is to discuss how uh defy incentives and mechanisms can be um you know
brought into desi um so i think if i could just try to frame the issue a little bit you know
there's um i would i would even hesitate not hesitate i would uh i would almost call it like
a dilemma right where oh
uh some people are saying they can't hear me uh sometimes this happens with twitter spaces uh
can anyone hear me or is it just like some people can't i can okay okay weird okay so um
um thanks iwan right uh well anyway i'll assume that you know most folks can hear me
so anyway uh i mentioned this dilemma right where on on sort of the one end you know i i think one of
the things that draws me and interests me about desi is um you know this idea of like open
science democratizing science exploring um you know different different scientific inquiries that
you know i guess the mainstream uh can't or won't uh sort of investigate right uh i think that um
you know one of the things that uh desi shares with uh sort of like the cypherpunk movement is
this ethos that like information wants to be free right um but at the same time you know uh
if if all the you know fruits of labor of desi are are always completely opened up and given
away for free um it's it's you know besides relying on donations and and charity and public
goods funding um it's it's a challenge to keep um you know desi projects uh sustainable and running
right so um certainly you know i i think that there could there could be clever ways uh you
know to to sort of introduce mechanisms to capture some of the value right that's produced by desi
right moving along the spectrum maybe all all the way to the other extreme end you know we've got
institutions like uh you know like pharmaceutical companies um you know which capture the vast
majority of the value of uh uh you know the the sort of the the the resulting ip and productization
and and so forth but i mean i don't think that that's necessarily a happy situation either
right there's there's definitely problems with that model and so you know i mean i've been sort of
thinking on on this for for many years since i was a professor of data science um you know did some
sort of like i would say like very early work and you know like blockchain based science um
but um i think one of the big things has changed since uh you know i was sort of you know in
that space is like a clinical researcher etc uh is that nowadays uh you know dows have uh have
the ability to get legal recognition in some jurisdictions which is actually a very interesting
development and could actually like be an interesting very interesting development in
you know how how how desi could have could evolve going forward so you know definitely don't want to
uh dominate the conversation just sort of like opening it up i don't know if erin um if you're
feeling well enough you can also comment but i would like to welcome our guests uh edwin um and
also we're expecting josh and maybe some others to hop on uh as well but i'm not great at introductions
so i don't know if it's erin or edwin if you want to do introductions or introduce yourself
yeah um really just wanted to welcome you on edwin and part of this is leading off of some
of the conversations we had as co-panelists at um some events in denver and really appreciating
your thoughts on tokenomics and perspective also from research hub um and i think we have eric from
desi labs on as well um who has interesting background on this topic and perspective really
tying in some of the other scientific movements as well so we'll bring him up to stage in just a
moment too but edwin uh would love for you to give a little bit more background on yourself um
as we continue diving in yeah oh go for it edwin sorry about that no sorry go ahead
hello yeah i'll i'll take it um hey everyone my name is eric i work for a team called desi labs
we make persistent identifier technology and research objects and are at the very beginning
of our tokenomics journey uh thinking about what incentive layers across communities can look like
so while i'm here as a panelist to speak i'm also here as a listener to learn
and uh thank you for hosting this erin and co
hi everyone my name is edwin i work for the research hub foundation um
yeah so i
like eric i'm here to learn as well as talk about what we're doing
um and yeah i had i met erin we spoke it's a very interesting conversation
and i'm looking forward to learning more as well this uh twitter space
okay okay fantastic so um you know uh i guess uh you know eric uh well i let's just go let's
go to edwin first since you're you're you're off mute i mean have you uh in sort of like the
projects you're involved with um like what sort of um you know uh structures or or models uh are
are you aware of that uh you know projects are doing to um you know try to try to become
sustainable outside of being being public goods um i mean if if any um so yeah the i'd say the first
thing that we focused on is finding product market fit um because without doing that you
kind of can't do anything else um tokenomics wise so if if you look at i'm with research hub right
if you look at what we're doing we're basically
trying to find a series of um positive behaviors surrounding research um that
can be incentivized um in a variety of ways
excuse me
everything can be incentivized in a variety of ways and create token incentives uh that enable
that incentivize researchers essentially um to
preferentially engage in some actions over the other so for example if you look uh below
the actual posts the bankless d psi posts i'm linked to a document here which is a
form um that we gave to researchers on our platform um this one talks about the different
actions that people can take on our website um you know everything from publishing papers
pre-prints technical comments non-technical comments etc so there's a range of behaviors
that people can engage in on research hub um and sorry guys it's early for me this morning um
and based on this we can sort of
sorry yeah so based on this we can incentivize different actions on the platform as witchers
um so that's sort of our overall perspective this sort of evolves over time and yeah i'm open to
any questions yeah so um i like i guess with these with these actions or activities
that um you know uh you you y'all are incentivizing people to to participate in um
maybe you could talk a little bit about how those um sort of like you know bring value to the
platform yeah so if you look at um the different questions right like there's like what should the
value of a peer review be what should the value of posting negative results be etc etc um so as you
can imagine i mean the entire idea behind research hub is just like facilitating um open science
practices across a wide variety of domains right so like crowdfunding research um i don't know
you know pre-registration of hypotheses um you know open peer review and so if you look at this
this survey here you'll find that actually a lot of what is on the survey is not on the site yet
um but can be uh theoretically um
and so this survey is not only the actions that were that are currently on the site
but it's more aspirational and based on how our community values these things
we'll make a decision about how to implement them
i'm not sure does everybody see the survey that i went to by the way i put it in the post
uh yeah yeah i see it i'm afraid if i open it up i'll lose the uh
i'll lose access space but the link is there the link is there i gave i gave it a like
okay that's good um but yeah i mean this isn't too complicated right like uh the idea behind research
hub is basically like you know creating open incentivizing open science practices
essentially right so it's a pretty simple concept um
um and yeah that's what we're doing okay i mean if i could if i could respond before you know
like we we open up to the you know other speakers to to respond and also like maybe provide their
perspectives on you know things that projects are doing to uh you know uh you know incentivize
different you know behaviors and ideally like value accrual right i think that you know you
were sort of spot on saying um you know that that you incentivize um a peer review right which is
like a really big problem in like i would say like the traditional research world is peer reviews
are something that you know uh you know as even today like as a former researcher i still get
emails coming into my account to like oh can you review this paper or whatever and like literally
like i i'm working with i actually see some of my team members in in the in the uh in the in the
calls well you know my days are spent you know building building protocols now right so literally
i've built no time for things like that right and you know all researchers are busy with their own
work right so i think it's something that gets overlooked and i especially like what you said
earlier about um you know publishing negative results right because again that's something that
you know kind of doesn't get done um in in in traditional research there's there's like
there's very few incentives for for doing things like that um in in the traditional research
sphere so really like what you're saying yeah thank you yeah um maybe we can hear from uh
i guess it's eric behind the desi lab's account yeah that is correct um and i would be more
than happy to chat um so i'll start off by echoing a couple of the things that edwin said
as i think he's he's spot-on um product comes before token make sure that you build something useful
before you release a token around it uh at least to the best of your ability um especially given
that you know a token in many ways is binding it is a binding agreement between your and you and
your community of the actions that you want someone to take so designing that game theory is is
generally around an application or a set of actions and that set of actions needs some first because
quite frankly you have to realize what's possible um so with that being said at desi labs we're
at the beginning of our tokenomics journey um and i think that there's quite a bit of learning for
us to still do the way that we're thinking about tokenomics is actually more on a community level
than an individual level so our idea of good science is reproducible replicable and reusable
science with the understanding that a lot of the principles of openness are necessary prerequisites
we can't have replicable science until we have you know methods code data and all of the
supplementary artifacts laid out around that so you can incentivize replicable science on the level
of an individual researcher but the time and effort that it takes to even just reproduce
a piece of work is astronomical and to your point regular mark sorry i guess mark is your name
it researchers just don't have time they're slam packed busy with researching and grant writing
peer review and other capacities so trying to think about how we work towards reproducible
replicable science in a meaningful way and how we incentivize that is is critically important
so if you think about the current system today i mean ultimately it functions based on journals
as a researcher you take your work and you put it into a community with the expectation that that
community is going to yield returns we have metrics for tracking the expected return of a given
community namely the impact factor and researchers try to optimize for that a lot of the reasoning i
think behind this journal system is because researchers function in a community because you
have an idea and the first thing you do in validating said idea um edward would you mind
going on mute sorry there's a little bit of background noise thank you i mean the the idea
behind validating said idea is to get other members of your community who are interested
in the same topic to talk about it so the way that we've structured our brownie points system
because we do not have a token right now and may never have a token we'll see is around the idea
of staking into a given curation community so allowing individuals similar to a journal editor
to curate work that they find as valuable um and then going back through and asking an
individual scientist which of these communities do you think puts out good work which of these
communities do you trust which of these communities do you think that you would want to actively be
a part of and as you get any kind of token okay we'll stake it in that community and for a
locked period of time you can then gain accrual and rewards that's in essence how we're thinking
about this there's a lot more complexity to the design at this point but our hope is that
building a system which is different but familiar to how people work today allows us to mirror a lot
of the current effects and science and make something that hopefully can last a good while
but we'll see that's kind of how we're thinking about it happy to answer any questions that folks
may have yeah cool if i could respond first i mean i don't want to kind of mischaracterize
what you're doing so feel free to you know interrupt me but i mean it sounds like it's
sort of like a reputation-based system right where people earn these points for you know activities
that i mean i guess generally advance the field of d psi and and and you know we're in sort of
the community i guess like my thinking is around you know coming back to the uh you know uh sort
of traditional system which you alluded to right is uh you know uh authors researchers you know sort
of accrue points through things like uh you know citations and the number of papers they're on
but ultimately that value is tied to like you know a few things usually tied to like kind of some
career advancement right in terms of you know like getting tenure as an academic or you know
getting a promotion at a at a company uh and and for that matter like access to grants as well
which are sort of like you know semi-public goods funding with arguably extra steps right
is that sort of what you're thinking as well um to an extent similar i think the more granular details
of a reputation system come into play a little further on down the road um i think what we're
thinking right now is um as much about the community reputation as it is about the
individuals reputation um but yeah i mean publishing a high quality report
uh should probably get you into a more prestigious journal into a more prestigious curation community
and should allow you to go from there it gets into some really interesting questions around
kind of the validity of said system what needs to come underneath said system so if it's more
than just manuscripts how does someone get credit for the work that they do if the work that they do
isn't based on manuscripts if they create code if they create data should people gain reputation for
working on peer review i mean there's an entire the the credit taxonomy is a good way to think about it
but how do you assign value to each one of those points given that each individual exercise
is going to be different on a field by field project by project basis so yeah it's it's
an interesting one then also in the concept of reputation systems um can you allow the cap table
of a of a research project to be dynamic can you allow it to grow over time so that we're not
in this salami slicing culture where you know but possibly one version contains the first
manuscript within a research object but that research object can grow to contain the second
third fourth code and data everything along that so yeah i mean to to a certain extent
i would say it is individual reputation but with the understanding that individual reputation
has to tie in to the communities that an individual is a part of
of interesting that that makes a lot of sense brian you you seem to have a very
strong response to that did you do you want to respond or provide your insights
yeah i mean i think what what you're describing here uh on the cap table um i have a very
opinionated response that there's a lot of demand within uh the crypto ecosystem for things to
speculate on and cap table management around research and ip i think is is very slowed down
by kind of some of the traditional and institutional barriers and so anything that kind of opens up
access to cap table access to quicker turnarounds of research access to more eyeballs on what the
market wants at an earlier stage is something that i'm a big proponent for so that's absolutely right
and thank you and it's it's a balancing act right between the i guess things that have worked
within crypto but have also led to negative consequences the speculation is amazing the
speculation is terrible with the understanding that the wider world does not see decentralized
web technologies in the same way that we do so if you enable wild swings and volatility on the
funding and a research project how does that tie back into a researcher's salary how does that tie
back into a larger perception of any system that's being made so that it's it's a hard challenge to
really think about and we have to be i think i think what you're talking about there is like
corporate treasury management and in the world of decentralization corporate treasury management
is like the number one thing that the most the most under looked at thing for any blockchain
project that's launching like how are they managing their float how are they managing their corporate
treasury what's their expected yield so that they can run their um you know their blockchain
or their dap a hundred percent and so if you're going to be in a decentralized world with token
with tack cap table you have to understand your corporate treasury on how the when when
your you know token or project pumps versus when your project you know what how are you
going to downside protect the volatility as well a hundred percent i couldn't agree with you more man
and as we think about the cap table we're currently thinking about it at the level of
an individual research project but as we think about tokenomics we're thinking about it from
a community level um so given the fact that a lot of that if academics start onboarding to this space
when academics start onboarding to this space they're not going to understand the volatility
of crypto cycles in many ways it's an off put whereas to us it's in some ways a bonus
because we understand we've been through a couple cycles we see
the bear and bull markets and what happens accordingly um but yeah stewarding people
through that corporate treasury management on a community level is going to be absolutely
critical and ensuring that it's communities who are working on that and not individual
researchers i think is another important point where you can have five six people who are
working to curate manuscripts also managing the operations behind the scenes instead of trying
to fully decentralized that on a project by project level so yeah the differentiation
between researcher and community is important here no question josh um i would love for you to
kind of chime in on this through all the community work you're doing at two side world
and then also from your background um in the d5 space and just bringing in some of that other
kind of incentive mechanism design into the d size space as well um do you have any thoughts from
this conversation or kind of new angles you might want to bring in into the fold as well
yeah thanks uh thanks for the opportunity sorry i didn't catch the first 15 minutes so eric i
might butcher my comments with regards to what you guys are doing so because i know some of it but
i don't think i know the full extent so i'll try anyways um but i i do think you're both making
you know really salient points here is that there are different incentives at play for different
types of researchers there are different incentives at play for groups of researchers as opposed to
the individual how much do you how much focus do you want to put on the concept of reputation
as a form of incentive which can then either be maybe like related uh rewarded for tokens but like
that reputation itself how how you know how are you going to translate that reputation into the
tokens is it the amount of things that you've contributed or the quality of the things that
you've contributed is it the amount of money that's raised off of what you've contributed
such thing as this it makes research or d psi in particular very difficult to incentivize
in a in a sort of foolproof way and i think that's going to be the story of d psi
when we launch all of our tokens is all these incentives are good in some ways and bad in some
ways and miss the ball on some things and capture a lot of value on other things and i think that's
okay like we're in a we're in a experimental phase of d psi right now i do think that having these
separate sort of uh mindsets i suppose about incentives in d psi is really important and
i always draw the sort of comparison between d psi world and d psi labs and i
do i carry on yeah i love i love to draw this comparison with d psi world and d psi labs and
it for me when i'm talking to other people on the out like from who are not familiar with d
psi it's a wonderful thing to be able to do to say that d psi labs is building their system
with scientific rigor academic rigor at the heart of it right they're building an incentive
mechanism they're building a data transfer mechanism they're building a reputation system
with the idea of academic rigor being the thing that needs to be upheld so that academics can
actually come and use this tech without feeling like they're being scammed but like for d psi
world on our on our side like we're not optimizing for academic rigor per se we're
optimizing for lack of friction accessibility uh for the everyday individual who could consider
themselves a researcher the citizen scientist for example and that is a complementary thing right
it's like there's a set of incentives for people who are not looking for this and there's a set of
incentives for people who are looking for this or there's two sets of incentives for those people
that are straddling both the lines and i think there's going to be a lot of that a lot of
people who are committing to the traditional research academic process you know publishing
things as we are used to and want to get paid in using d psi for that and then there's going
to be some people who are doing that same thing as their day job but also are herbalists or whatever
and then just want to like publish their journals like their their everyday journals not their
academic journals and get paid for that as well and i think we're building these ecosystems right
i mean i don't actually know who's in the who's in the audience but if anyone from the
bio dows is there like the bio dows are building an incentive for investors as well as you know
the initial researcher and so there's is a multifaceted ecosystem right in science in
general and so building these different specific people and trying to fine-tune them for that crowd
i think is the best way to look at this at this issue because you can't build an incentive
that incentivizes everybody well you could but we haven't got there yet um and i think the
the systems that we're building are it's a pluralist environment right a lot of people
in crypto like that word but it's really true especially in d psi i mean i could talk about what
d psi world is doing but i think i'll leave it there for a sec so can i just jump in real quick
go ahead yes i'm just wondering um have you guys thought about having the community set the
incentives instead of the team setting the incentives and if so uh if so like why
have you decided against that yeah so for d psi world yeah
yes yeah so so d psi world has two it has one incentive which is the d psi world token
right and one distribution mechanism which is from us to the people right uh but there are
two actual involvements for that distribution the first one which is we're calling the knowledge
markets which is as your knowledge is utilized within the proof of knowledge framework the more
it's utilized the more points you're getting and likewise with uh with labs those points are
retroactively rewarded for tokens right that's based on like uh uh the ai-based market mechanism
which is sort of powered by us we decide on the monetary policy side how much what percentage of
the monthly emissions go towards which sources like do they go to engrams that are about
uh this or that were published by these kinds of people but then there is another large portion
of the incentives it's about 40 percent at current uh a current plan which goes to the research
collective itself which is this organizational subunit which goes to the research collective
itself which is a completely community-owned structure there's could be dozens and hundreds
of these things and the distribution of that is determined by the community so there's a
like a gauge voting system where the community decides how much of an incentive goes through each
of these projects and that's decided by the community not by us by the token holders in
particular and the reason we did it like this is because the market mechanism as we're calling it
which is the ai using your data and being incentivized through that that is the primary
use of proof of knowledge but it's quite unwieldy in the sense that it could provide
lots of hits for things that are basically providing zero value to anyone uh but a few
hits for things that are providing lots of value to people and so to be able to control that in
terms of the percentage of the emissions that are given each month to each of these sources
is something quite important for us to actually make the network useful um but then also having
the community involved in the distribution of these streams bear in mind this is like nearly
half of the monthly incentives uh means that it's not just us that determines
how people get paid and it's not just your your knowledge in the proof of knowledge system
that determines how you get paid because you could create very few high yielding engrams
but provide a real value to the ecosystem by providing validation of other people's engrams or
or support to the network or building things for us and that deserves reward as well so
it's a multifaceted approach but unified by a single a single token very cool thank you
you sounds like you're in the science factory over there eric but um okay uh we've yet to
hear from uh manuel if you want to respond to anything that uh you know any of the speakers
said or reflect upon you know incentive mechanisms and uh and you know maybe like value capture and
redistribution mechanisms that you you've seen or are working with we'd love to hear from you as well
hey guys i hope you can hear me yep perfect so yeah i mean to to what you guys just said
when it comes to token incentives i think this is like uh yeah what one of the obvious things that
we need to solve for science like how scientists get paid and how we can expand the runway uh a bit
with their academic research projects through tokenization and crypto incentives and so on
but uh what you know also like traditional research institutions are looking for are like
also other ways how we can create incentive structures to bring more people into science
and this is like ranging from uh the the credibility of the researcher to the discoverability
of the of the research itself and then for sure we also have like the fair data standards
and we can be like super creative when it comes to creating novel ways um to create value and to
show value and to show the world what individual researchers create um also besides like the
monetary incentives so yeah and with with the with with token sales and token launches
um for me it's like a double-edged sword i mean this is like creating a lot of short-term
liquidity for these projects um and also opening up speculation markets so that we can find
alternative investors to actually fund the research itself um yeah but you know with
with the project that i'm mainly involved in i'm um pretty aware also about the risks
of launching your own tokens um so for us right now it's not it's not the time
but we are definitely planning especially with all the different space dows
and these are dows where i'm involved into step by step role of different tokenization
models and incentive structures um to incentivize our researchers as well um besides that you know
i'm i'm mainly focusing on um also on monetary incentives but more on the side of
uh grant programs we have three grant programs um right now i i also want to show what's what's
what's in the pipeline especially right now this week uh and also in april with the desight
community on gitcoin so what we are doing is that you can imagine it you know it started out like in
september 2022 with the gitcoin round 15 where we saw like the first inflow of of meaningful capital
into the desight ecosystem um it was like a centralized more less centralized round with
official partners and also official gitcoin support and then out of it at the bottom of
the bear market we saw a drop in engagement so what we did was that boris the previous
desight lead at gitcoin and i partnered up to make a community run bottom-up driven um desight
round on gitcoin in reality so this is what we did may last year with previous sponsors some money
some sponsorship by moondow and green pit china as well so this was cool and then it was like the
same the same thing so how can we really make these bottom-up initiatives work without having like
a single source of failure um to not continue these efforts so this is like mainly what what
i'm thinking about most of my time so how can we create systems and structures to hand it over to
let's say the newcomers in our ecosystem to show what they got uh a lead by example and this is
like also the reason why we have the the next decentralized science community round on gitcoin
in april so less than i would say two three weeks away from now um yeah because this started like
four month five months ago when some desight community leaders just stepped up approached me
and asked me hey manu when when is the next desight round on gitcoin so and because we still had
nearly 15k available from the past community desight round on gitcoin we decided to raise
some more sponsorship for example by uh by people in the research hub community jeff put like 10k on top
of it so we have an even uh 25k available right now we also have like other sponsors already
committed such as public nouns we are in touch with green pill and gitcoin to fill the matching
pools and then for sure it's about yeah after this round for example how can we hand it over
and how can we create the right incentive uh for people to to lead these uh community driven rounds
also in the future so and for this i'm mainly thinking about because the role of an operator
and of a steward for these grand rounds it's obviously to handle the sponsorship money
in the most responsible way uh and show the community that you know the stewards are actually
not only competent to do this but also trustworthy uh to do it in the long run and to incentivize
people it's you know a simple solution we can just create for example uh an individual project
where people can individually donate to the active stewards for the current round and then also donate
to the next round so that we have a little bit of money still uh in in the multisix to you know
give it hand it over for example and say you at least you do not need to start from scratch
so instead of raising 25k on your own you just need to raise let's say 10k on your own
so these are like some of the of the structures that we are testing out right now how this is
like working out excluding the matching funds that we already raised so all this money it's like
simple direct donations um for the stewards um for the D's scientists uh and also for the
for the for the following rounds um yeah and you know what if you if you want to step up now and
and also be like part of the DSA round on gitcoin uh please feel free to apply for the stewardship
election uh we have it live now so we have uh nearly five days six days left um to make a decision
there today we will send out a lot of emails and dms and also approach our community on telegram
to apply and contribute as eligible voters because this was for example another thing
that we needed to solve like how can we ensure that people in the DSA community who vote for
example on the joke race for the most favorite stewards how can we ensure that these voices are
actually verified and human voices and not like a bot army uh to overcome the for example
potential civil attacks so what we did was that we mainly tapped into the resource that we already
had so we are utilizing the past voters in our joke race um to to contribute again we had an
onboarding form for for voters um where you know people just submitted their not only the
wallet addresses but also their social information and so on so that we are we're empowered to
actually do the due diligence um for ourselves uh and now it's like all all set up so i hope to
to see you all either sending in a proposal um to create the round the DSA round on gitcoin
uh all for sure if you're in voter please feel free to vote for your favorite stewards so
this is like in a nutshell what i can share right now and i will also share some of the most useful
links down here in the comment section for example pointing towards the steward election
that we have now uh and also pointing towards the uh gitcoin governance proposal um for filling
the matching funds in addition to that so that's that's it and and besides that you know i i mean
feel free to just jump up and share some of your thoughts uh i'm already in touch with uh with our
friends at dsa world and dsa labs um to think about some co-marketing efforts together uh erin
and i are also in touch when it comes to the impact assessments and impact reporting we created
like a very comprehensive overview of the stuff that happened before with the data that that was
collected there in previous rounds and now for sure it's about tracking and measuring the impact
that we had with the last round plus uh how do we want to do it in in the upcoming round in april
but yeah i wish i liked the the links down here in the comment section and again if you
want to share uh apply just just let me know and uh yeah happy to see your face and the dsa
get coin rounds as well manu i just want to chime in and say thank you so much for everything that
you have done for the dsa community with these rounds over the past little while and to anyone
who's looking to chime in um or who's looking to kind of help join some of these gitcoin efforts
manu is a great resource to reach out to uh as we're looking at a potential bull market coming
in the near future right now is a great time to have an impact on the wider space absolutely
brian did you want to respond to that yeah that was a that was a great like layout minwell like
i i think um i think you know dsa labs hit the nail on the head we are we are leaning into a bull
market and how i got involved with decentralized science is is through agency the agency that
i run and was talking to a couple of projects and i got hyped about it there's we have a we were
working with a client that's launching something really cool in april um around tokenizing
particular molecules and speculating on their potential efficacy for different types of cancer
and um you know we're helping them with the tokenomics and go to market in every ecosystem
that i talked to from like a grand standpoint or from a standpoint hey can we get some can we get
some you know tokens to speculate research to speculate on all the ecosystems that i'm talking
to love this concept i mean there was a recent thing that happened even even yesterday an
influencer named leaped was talking about his father with having stage four cancer and he posted
up uh links to donate so in the in the response was was wild the the hundreds and hundreds of
thousands of people that have responded to that has shown enormous um enormous like positive feedback
and so i guess what i'm what i'm looking to help in this space is go to market helping with grants
as well from ecosystems for projects that are looking to to launch projects on different chains
and helping to bridge that gap and what my challenge to the community is is that why not
have individuals speculate on potential cures or molecules or different research instead of
speculating on dogs with hats right because people want to speculate and if you have the right
research the right narrative and this capital can be going to a good use versus a particular
fun news of having a dog with hat on a on a las vegas sphere i think there's a huge potential of
large amounts of capital where we can drive the attention for this mimetic season into
real narratives with real efficacy real research and real impact on the lives of everybody in
this room so that's kind of my my spiel and i hope i'm glad to help on hop on a call anybody
that needs help with like tokenomics how pooling corporate treasury works grants from from chains
and ecosystems happy to help anybody out in that regard thanks brian that that's that's amazing i'm
sure you know this is a very active group i'm sure someone will take you up on that
um we're sort of running up on time i in the tradition of like d phi open mic
is there anyone you know in the audience that wanted to to hop up and uh share what you're
doing or what your interests are
i guess while people sort of hop up or request them request to speak oh wait we got one hold
on a second uh yep uh sternling why don't you go ahead hey guys can you hear me
yes we can hear you awesome awesome thank you thank you mark for inviting me to speak so um i'm
one of the core contributors to a few protocols but one of them is beside in uh finance which
has actually rebranded from hto data and although the initial idea was quite different but now we
are part of the ocean ecosystem and we basically have we are d phi based protocol so we have a bunch
of liquid ocean that we can actually incentivize various data assets on the ocean data marketplace
right and if you know if you're aware the ocean data marketplace was initially initially
was kind of the hub for the initial idea was to become the hub for various uh scientific research
and just data in general although it hasn't taken off in the initial wave when it was published
now there is kind of the rebirth as we all know of the psi decentralized data etc so ocean data
marketplace is having its rebirth right and we have a significant amount of ocean and
which we can actually use to incentivize volume to incentivize sales to and to incentivize
various different rewards so from our side what we will be focusing on in the future is if anyone
wants to publish their data and potentially monetize it on the ocean data marketplace we can
incentivize through various like tokenomics rails people to actually consume it and buy it so
if you're interested if you have the ability or if you do publish data and would like to see if you
can get rewarded for it please reach out to me and yeah we can we can talk more about it
okay thanks ladd and in the time we've got left uh sterling uh give your hand up uh
yeah can you can you hear me okay it looks like it works um i won't make it long um i just wanted
to say i've been following the d psi space for quite a long time and um i i got involved with uh
axon dao and i have a project with them for like a science research project doing alzheimer's
and so um you know for anybody who thinks that this stuff is just like
coinomics or whatever like um we actually already recruited easily for that study we already have
active data being generated we're training that on we're training ai to identify like markers
of alzheimer's so the collaboration that happened in such a short amount of time
if i if i went the traditional route i would still be waiting for the next three years from
an answer from the national institutes of health so you know i'm not going to try and get on a
fuck bomb here but like yeah like fuck yeah and fuck fuck the traditional funding models if
you actually have real stuff you want to do d psi is like the way to do it there's no more
excuses you just go out and you fucking do it okay so yeah anybody here who's got an interesting idea
wants to help people this is the this is the train that takes you there all right so it's
awesome i'm i'm excited that you guys have this space uh d psi needs to be on twitter like
all the time so thank you guys appreciate the kind words and your enthusiasm that sounds like
you know uh i mean a great achievement right i mean everything really speaks to the spirit
and power of d psi uh in that you know there's research that otherwise wouldn't be getting done
so kudos to you um erin um we just wanted to hit time so i don't know show show we you want to
close it out sure yeah i wanted to thank eric josh uh edwin and some other guests who who came up
during this conversation and this is really such an essential topic within the scientific community
and d psi as well just talking through some of these like economic financial incentive models and
making sure that they're aligned and also um being leveraged in the most powerful and appropriate
ways to continue to advance science and scientific discovery forward and in meaningful ways that
can really have profound impact on each of us individually as well as society at large and
for anyone who has tuned into the space today um definitely check out all of the speakers up
on stage give them a follow as well as take a look through the list of people listening in
there's some really incredible people um that are part of this conversation and part of the larger
community here um and within the bank list d psi space and just decide more broadly
um and they're building some really incredible things so so go take a look through their profiles
and everything and tying back to a couple of the points made here like it really comes back to
having that substance of product having that substance of um of community as well that that makes
having something worth funding and we have some of so much of that here in the d psi space um
so be on the lookout uh in the upcoming weeks on wednesdays for more bank list d psi
spaces uh we'll be diving into more topics and if you have a topic that you are interested in
having be a conversation definitely reach out to um us up kind of co-hosting today
um shoot us a message and we'd love to help facilitate that within the broader community
uh so thanks to everyone for tuning in and and we'll be back next week with more and looking
forward to continuing conversation then thanks everyone thank you so much erin take care
yeah cheers guys see you later bye bye