Pump Science - Making DeSci as Easy as Memecoins? What You Need to Know
DeSci Popularity, Crowdfunded Longevity Experiments, & More
In previous editions, we’ve discussed how beneficial pump. fun has been for memecoins, the Solana chain, as well as infrastructure that makes the creation of onchain primitives easier. Pump. fun immediately made it trivially easy to launch a memecoin, creating infinite options and creating a scenario where the only moat between individual memecoins is their specific memetic properties and community, with the tokenomics side of things being abstracted away. This accentuates the more qualitative aspects of memecoins.
In the short months since pump. fun’s inception, we’ve seen more founders follow in these footsteps. Whether it’s AI agent platforms, dApp tooling, investment DAO creation infrastructure, or any of the other recent narratives we’ve seen gain traction, empowering users to publish onchain primitives themselves is a popular concept. The most recent narrative we’ve seen takeoff is that of Decentralized Science (DeSci).
Some public support from industry leaders, namely CZ of Binance and Vitalik, has bolstered this nascent sector’s reputation, adding legitimacy to its offerings. In a nutshell, DeSci aims to remove middlemen from the drug and supplement incubation process, allowing manufacturers to provide products right to their consumers, with fewer barriers in the way e.g. pharmaceutical companies, regulators, etc. In today’s edition, we’ll discuss pump. science; as the name suggests, this protocol serves as a sort of launchpad for new DeSci projects.
Stay informed in the markets ⬇
Background on Pump Science
Currently, communities can form and support DeSci DAOs that they are collectively interested in. This might include providing capital to a DAO as well as contributing some ideas. DeSci leaders like BIO protocol have a generalized approach, allowing users to explore whatever interests them. Pump. science has a more specific goal; identify drugs that can increase longevity. This is done through a specific process that allows for speed, which we’ll get into later.
In a nutshell, Pump. science is similar to Pump. fun, but different in that users aren’t buying memecoins but buying tokens that represent the rights of a given experiment. As mentioned above, these experiments all have the same goal of increasing lifespan, with drug selection being the differentiating factor between experiments and tokens. In the future, these tokens could potentially be worth something if they are licensed and actually used in the development of drugs or research chemicals. For now, speculation is the driving force behind these tokens.
Pump. science also has its own native token; $X. This is used by developers (those looking to conduct an experiment) to pay for their experiment debut. In the beginning, this just includes purchasing the native token of the experiment with $X. The actual experimentation phase isn’t a given, the experiment token needs to reach a minimum marketcap first for this to begin. Similar to Pump. fun, after reaching a certain marketcap, experiment tokens will automatically begin to be sold off. This is where the actual experimentation begins, with token sale proceeds used to fund experiments.
The experimentation process is already laid out for experiment developers, as seen above (subject to change). As certain marketcap thresholds of the token are reached, experiments are conducted on lifeforms that are increasingly similar to humans. To make it clear; experiments are conducted through the third-party vendors integrated with the Pump. science platform.
While this is a bit limiting, this removes what is likely the biggest barrier for laymen to conduct their own experiments (lack of the ability to do so), which is probably more important to address. Proceeds from token sales are used to pay for these experiments. This is what allows the system to function; it is through this uniform process that experiments can be conducted in a timely, transparent, and cost-effective manner, as opposed to experiment developers having to choose vendors and make these decisions themselves.
The way that the experimentation works is that there are pre-defined variables around the number of animals/insects being experimented upon and the methodology of drug exposure. Basically, the independent variable that project deployers actually control is just the drug(s) being tested.
Then, footage of the animals is live-streamed on the token page for all to see, in addition to metrics showing the number of subjects still alive, how fast they’re moving, and the distance they’ve traveled. While some might disagree on the productivity of this setup, it’s interesting and something that hasn’t been seen onchain before.
Pump. science’s offerings are pretty simple to grasp. The platform is crude, but certainly sets itself apart and provides a service that many people probably didn’t even know could or needed to exist. However, the demand for improving health can be seen not only in leadership in the crypto industry but also in the incoming US administration.
While only a couple of projects have debuted on the Pump. science platform, they both have quickly achieved sub-9-figure valuations, showing significant demand at least on the speculative side. The mechanics of the platform dictate that speculative interest does indeed translate to research progression, where normally token price is mostly irrelevant to what a project ships.
DeSci can be a very broad genre, so part of what enables Pump. science’s package of offerings to resonate with a large audience is its more narrow focus on longevity. This creates a simple goal for users of the platform; engage in experiments conducive to increasing animal lifespans.
The protocol also makes sure to not take itself too seriously; this is deduced from the UI as well as the docs, which refer to the platform as a ‘game’. Still, the team outlines a vision in which they hope to contribute to eliminating certain chemicals from American society and promoting others; deducing which are bad and good can be achieved in part by the Pump. science platform.
The value add of DeSci might be hard to grasp at first glance, hence why it took public support from renowned industry leaders during a historic bull run for this sector to just start to take off. Regardless of the current processes put in place and their effectiveness at developing and producing new products, the end goal of DeSci, which is to reduce existing barriers impeding the incubation of innovative drugs, is one of the most impactful in crypto today.
In typical crypto fashion, market participants have already begun financializing and speculating upon this more ‘noble’ endeavor. However, this doesn’t mean the projects working in the space can’t make progress and ideally improve upon the flaws of the existing biotech scene.
Important Links
Become a Premium member to unlock all our research & reports including access to our members-only discord server
Join thousands of sharp crypto investors & traders by becoming a Premium Member & gain an edge in the markets. For just $116.58/month you’ll get:
Premium access to the entire Revelo Intel platform
Members Only Discord server
Market Intel - actionable trade ideas
Industry Intel - important trend & narrative overviews
Project Breakdowns - Deep dive 50+ page protocol-specific reports