Section 1.1: The Need for DeSci

1. Funding Challenges

   The scientific community is largely centralized, with funding heavily reliant on institutions. This creates a scenario where financial backers dictate research priorities, often leaving scientists dependent on grants and approval from regulatory bodies. Consequently, many researchers find themselves spending over half their time writing proposals, particularly in fields that intersect with commercial interests, which can impede their ability to secure funding.

2. Access to Information

   Another significant barrier is the limited availability of scientific data to the public. High publication fees for prestigious journals prevent many talented individuals from sharing their findings, further constraining the flow of knowledge in the scientific community.

3. Influence of Politics

   Political and corporate interests, particularly from large pharmaceutical companies, often redirect research efforts toward more profitable avenues, compromising the integrity of scientific inquiry.

Section 1.2: The Promise of DeSci

DeSci proposes a solution through the establishment of DAOs—self-governing organizations designed to tackle specific research challenges. The diverse toolkit offered by blockchain technology can empower scientists to operate more autonomously.

For instance, some researchers have begun utilizing NFTs to secure funding for their work, presenting a more impactful use of digital assets compared to speculative purchases. Additionally, smart contracts can facilitate direct peer reviews, connecting authors and reviewers without intermediary costs.

With blockchain, scientists can retain ownership of their research outputs, shielding them from political and corporate censorship. This fosters a collaborative environment where global researchers can leverage shared data, accelerating scientific advancement.