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How DeSci will change the world.
Radically rethinking medicine supply
Bionic Newsletter
December 20, 2023
⏱️ 774 words. Under 4 minutes reading time.
Hey,
We’ve had some valuable feedback since we launched last week. What did we learn?
Turns out people are as excited as we are about the role of web3 in the acceleration of future technologies.
Decentralization is playing a big part in shaping projects tackling some of humanity’s biggest challenges…
and it’s happening right now.
Builders are building across xR 🥽, DeSc 🧬, AI 🧠 and iX ⛓️.
People are keen to hear more. ✅
These are stories that need to be told. ✍️
They’re the stories that we’ll be telling. 🎚️
This week we’re leaning into DeSci.
Read on for how the decentralization of science is changing the way humanity’s engine of progress works.
First, some stuff for your radar ⏩️
ON YOUR RADAR
The top links we love - for you to explore.
Technology is reshaping how we connect with brands. Strategist Zoe Scaman advises brands on how to navigate this changing landscape.
Her Multiplayer Brand deck explains how the most innovative companies are leaning in to technology and creating ecosystems where customers haven’t just become a community, but are also partners in co-creation. ✨
Inscriptions, Ordinals and semi-fungibility. The Bitcoin token standard is explained here.
Inscriptions are responsible for ~90% of transactions on many EVM chains this week.
Is this just another crypto FAD? Or are inscriptions actually genius, and here to stay long-term?
To find out, I spent the past few days exploring them.
Here's everything I learned:
— Jarrod Watts (@jarrodWattsDev)
5:49 AM • Dec 19, 2023
Building web2 style products and experiences on-chain has sometimes been met with the question: “Why should this app be on-chain?”
AI is going to change what we buy and how we buy it.
a16z has mapped out some of the changes in commerce we’re already starting to see - and the products and services they envisage coming to life in the not-distant future.
☀️ You’re one of the first Bionic subscribers.
Thank you!
To help us build a community forged on real connections, we’d love it if you’d forward this to people you know who may like to join us.
We’re pretty sure they’ll thank you later.
If you’ve been forwarded this, you know what to do 🙏
👇️
THE BREAKDOWN
🧬 5 quotes that explain why DeSci matters
Decentralized Science is very much in play.
At Messari #Mainnet2023 a panel of experts from the rapidly evolving sector break down:
What it is ❓️
Why it’s important ❗️
How it’s being applied today 🔬
Reaction from big pharma and other key institutions 🎩
We plucked out 5️⃣ banger quotes that tell the story.
To join the dots… watch the full video for yourself. Link at the end.👇
“Science is Humanity's engine of progress
…as you go in and become scientifically minded,
you start to ask the question
“Why are we doing it this way?
How can we work to change things?
How can we work to improve and to better the systems that underpin Humanity's engine of progress?”
“Web 3 and crypto really offers an opportunity to bring those three together (people, capital, and tools)
with the right community and the right people in mind.”
“After my first daughter was born with two rare diseases that had no dedicated treatments
I decided to figure out how we can solve the financing problem in the Biotech Industry.”
“What if diabetics collectively owned insulin?
How would that change the world
and how would that change incentives for that patient Community
to govern and price and distribute the drug that they're using to improve their lives?”
“There's been a very positive response from a lot of the legacy players in the space
and especially for anyone who goes into more publishing and infrastructure they go in because
they believe that scientific knowledge can help us make a better world.”
In summary - DeSci is a growing, thriving sector:
DAOs are tackling some of the biggest problems we collectively face 🤝
Academic institutions are actively collaborating 👩🏫
Big pharma is making positive contributions 🧪
More projects in more detail in future newsletters.
Jesse Hudson of Molecule asked the question:
“What if diabetics collectively owned insulin?”
It’s such a vivid way to express the potential of medicine reimagined.
So we’ve explored this new world - and the change required to get there.
“At the heart of this transformation is blockchain's decentralized structure, democratizing the insulin supply chain.
This model is not just about affordability and access;
it's a radical rethinking of pharmaceutical dynamics,
prioritizing patient welfare over corporate profits.”
Read “Rethinking Healthcare…” in full. 👇️
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